Considered the largest economic center of the 12-county Dallas-Fort Worth-Arlington Metropolitan area, the Dallas economy is bustling with growth and opportunity.
This metropolitan area (which is considered the fourth largest employment center in the nation after New York, Los Angeles and Chicago) has an economy that centers mostly on banking, commerce, telecommunications, computer technology, energy, healthcare and medical research, with new companies and fields constantly moving in.
Dallas grew into the city it is today in part because of the booming industries of the past, namely cotton and oil, as well as its location along the railroad. In the 20th century, Dallas evolved into an industrial center and today is home to over a million residents.
Now, Dallas boasts the third-largest concentration of Fortune 500 companies in the country. You can find companies like Advance PCS, Dean Foods, ExxonMobil, Kimberly-Clark, Neiman Marcus, Texas Instruments, and Southwest Airlines all headquartered in the city!
The Area's Top Industries
Since Dallas has the sixth-largest concentration of high-tech jobs in the United States, it's sometimes referred to as "Silicon Prairie." The top industries in Dallas today include:
Recent Recognitions of Dallas's Economy
Named by the Globalization and World Cities Study Group & Network as a "Beta Plus” world city.
Ranked by the Organization for Economic Co-operation and Development as 14th in the world based on GDP.
Ranked by the US Chamber of Commerce Foundation as 1st in the nation for most efficient business regulation.
Ranked by Forbes as 15th in the nation for best place for business and careers.
Ranked by Forbes as 11th in the nation for best job growth.
Quick Facts: Dallas Economy vs. the US Economy
Civilian Labor Force: 67.7%
Civilian Labor Force: 63.8%
Median household income: $67,382
Median household income: $59,039
Median home values: $212,100
Median home values: $226,800
Total retail sales per capita: $13,607
Total retail sales per capita: $13,702
Find Your Home in Dallas
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