Housing Report for Dallas-Fort Worth-Arlington

In Dallas-Fort Worth-Arlington, there were a total of 2,254,642 housing units in the year 2005. This represents a medium-high growth level in the number housing units, adding a sum of 200,297 housing units since the year 2001, or 9.7 percent.

The residential housing values in Dallas-Fort Worth-Arlington, Texas have seen large increases since their reported values in 2000. The values have increased by $33,900, or 33.9 percent, since 2000 when their medians were valued at $100,000.

Throughout the State of Texas, Dallas-Fort Worth-Arlington is positioned 6 of the 25 metro areas by percent in growth of new residential structures. The metropolitan area places 65 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.

Dallas-Fort Worth-Arlington had an owner-occupied dwelling median in 2005 of $133,900, accounted by the American Community Survey. This value is greater than the Texas 2005 home value of $106,000 and less than median owner-occupied dwelling value of $167,500 across the nation during that year.

It can be understood that there is a fair amount affordable residential real estate in Dallas-Fort Worth-Arlington, Texas. In 2005, 45.3 percent of the homes were valued under $125,000.

Dallas-Fort Worth-Arlington is made up of a medium proportion of residential real estate that is high priced. During the year 2005, the American Community Survey accounted that 3.4 percent of the houses were valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for Dallas, Texas -- Annual 2005 Industry Summary

In Dallas, Real estate and rental and leasing, Wholesale trade and Finance and insurance are the three industries with the highest location quotients. The Real estate and rental and leasing industry has a US LQ in the region of 1.31. The percent of employment in the Real estate and rental and leasing sector is 1.31 times the percent of the national average, This signifies that Dallas specializes in Real estate and rental and leasing.

In Dallas, Retail Trade, Manufacturing, and the Administrative and waste services industries are the largest employment industries. The Retail Trade is the largest employment industry and makes up 13 percent of all jobs throughout the region, totaling 307,394 individuals. The Manufacturing and Administrative and waste services industries make up 12.6 and 8.7 percent of total employment, respectively.

Manufacturing is the industry with the largest establishments in Dallas MSA. In the region, the industry averages 43 employees per business. This is greater than the industry's average in the United States of 39 and greater than the State of Texas establishments size average of 38 for the Manufacturing industry.

Manufacturing since the year 2001 lost the most jobs in the Dallas Metropolitan Area. The industry was hit with a loss of 41,291 total jobs during the period, accounting for 12.2 percent of jobs in the industry. The losses in this industry made up 52.1 percent of the total loss in employment during the period.

A well-paying sector in Dallas is the wholesale trade industry with wages that annually pay $61,844. Locally, since the year 2001, the industry annual average wages have grown by 7.3 percent or $4,215. The State of Texas has a similar economic condition in the wholesale trade sector, standing near the top of sectors by 2004 industry pay.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).