You may be considering relocating to Dallas. The city is growing in various ways with an active downtown renovation and an explosion of all kinds of cultural events, including microbreweries, film festivals, and more so, yes, we understand. Relocating to Dallas might even be the best decision you’ll ever make. However, we imagine you have any queries. Before relocating, what should we know about living in Dallas? How much will living there cost? The list continues.
Moving to a new city is tremendously thrilling but stressful at the same time. As we address all of the above topics, let us at MJ Real Estate give you a little tour of Dallas. We are one of the best-selling realtors offering you the best homes for sale. We can assist you in finding the ideal houses for sale in Mesquite Tx, if you’re planning to relocate to Dallas. Finding your next apartment is simpler than ever, thanks to our concierge-level service and in-depth knowledge of the neighborhood rental market. Contact us and let us know what you’re looking for, and we’ll take care of the rest!
Things to consider before relocating to Dallas
The following are a few things you should be aware of before you arrive:
In DFW, home ownership is possible
Dallas’s housing alternatives may pleasantly surprise you if you’re moving from another big metropolis. In Dallas, it’s simple to locate a lovely, old-fashioned three-bedroom house for under $300,000. Newer construction is typically more expensive. The Dallas-Fort Worth region has a homeownership rate of 64.7%, slightly higher than the national average, thanks partly to this affordable housing. At the same time, Atlanta and other places are around 45%.
Dallas rental housing is simple and affordable.
The average monthly rent in Dallas is $1,228. However, if you only consider 1-bedroom apartments, the price drops to $1,050. Naturally, your cost will vary depending on the Dallas neighborhoods and apartment types you’re interested in. If you want to shack up in one of the city’s premium apartment towers, you can pay much more than a grand. Of course, the vistas, in-unit facilities, Coinpal and swimming pools will make higher-end apartments in Dallas worthwhile for many people, in any case.
Celebrate! In Dallas, there is no personal income tax.
The absence of a personal income tax in Texas surprises visitors to the state positively. The Texas Constitution is clear that there will be no income tax. It compensates for the shortfall with pricey sales and uses taxes, too. Additionally, homeowners pay exorbitant property taxes. You might not have to submit state tax returns, depending on your circumstances and financial holdings. The advantages of no personal income tax go beyond monetary savings. Texas and the Dallas area are also more alluring to those wishing to expand their business interests there.
Dallas is a massive city.
Dallas is far bigger than you might think. It gives sprawl an entirely new meaning. Dallas’ industry market outperformed Chicago’s and California’s Inland Empire in the first half of 2020. The economy is robust, ranking as the fourth-largest industrial market in the nation. As a result, immigrants are ready to make Texas their new home.
Texas’s affordable living and expanding employment market are drawing many new people. According to research, the Dallas-Fort Worth region would see a population increase of 1,393,623 between 2020 and 2029. Texas is now the US state with the highest rate of population growth. Fortunately, Dallas offers a wide selection of stylish, family-friendly, inexpensive, and peaceful neighborhoods. You can look for housing close to DART public transportation, stroll from your Downtown Dallas apartment building to your workplace, or move out to the suburbs for a more tranquil lifestyle.
You can take a degree in Dallas.
Dallas is a fantastic place to be if you (or one of your children) are interested in pursuing higher education. The University of Texas at Dallas and the University of Northern Texas are located close to Texas. The DFW metro area is home to more than 30 colleges and universities.
The winters are cold, but the summers get (very) hot.
You should check out the weather in Dallas if you think it gets hot where you live. The average high temperature in June, July, and August exceeds 90 degrees. And the temperature will frequently reach a peak above 100. Yikes. However, Dallas living wouldn’t be Dallas living without a bit of heat. You can always dip in the pool or relax under a huge elm tree for shade.
Additionally, there is an upside: the mild winters. Dallas hardly ever has snowfall, and winter days frequently range between the mid-50s and low-60s! It’s can be positively gorgeous.
Dallas’s Cost of Living
The good news is that Dallas should keep your wallet intact regarding living expenses. Dallas has a much cheaper cost of living than other comparable metropolitan cities.
Let’s start by assessing the cost of living in Dallas, as housing is typically your most significant expense, no matter where you live. Despite the coronavirus pandemic slowing the market almost everywhere, the city usually experiences some of the fastest job growth in the nation.
Compared to the city’s average for last year, rent growth has climbed by 6.2% year over year. Dallas’ average rent for a one-bedroom apartment is $1,201 right now. Your monthly rent for a two-bedroom apartment will be $1,436.
If you’re looking for move-in-ready homes, MJ Real Estate is here to help you find the ideal property with fantastic benefits. With us, there is no compelling reason to search for the finest location to purchase land because our staff provides a wide range of options that satisfy all your needs and requirements, from which you can select the ideal one.
Looking for the best property realtors near me? Simplify you search and contact us whenever you look for houses for sale in Mesquite Tx or whenever you need assistance with a property-related issue because we are always here to help. We have a proven track record and provide our clients with the best and most impartial advice possible while working with reliable advertisers and meticulously crafted portfolios. We look for your preferences and locate a suitable property for you. Get in touch with MJ Real Estate Consultant immediately to discover the most noteworthy residences to satisfy your requirements.