The current construction in Dallas tells us why this city is not only one of the most populous cities in America, it’s also one of the fastest growing. Matter of fact, Downtown Dallas is expected to grow by leaps and bounds this year; so, if you’re thinking about moving to the Big D, you should be thinking about it now.
For many of us, it’s easy to get lost down Google’s rabbit hole when we go to search for places and neighborhoods that meet our specifications. And because HomeSnacks knows that the clock is ticking if you want to get your hands on one of Dallas’ best neighborhoods; so, we’ve done the work for you and below you can find a list of the top neighborhoods in D-town for 2023.
For all of you data nerds out there, this is how we determined the best neighborhoods in Dallas: first, we looked at the latest FBI data for crime reports, the Census report for population counts and housing costs, and the BLS data for current unemployment numbers for Dallas’ 32 neighborhoods. And for the people who care if there’s a bunch of cool stuff to do, we figured that if there are a lot of people in a neighborhood, there’s a good chance you won’t ever be bored.
And, folks, you will be happy to know that Dallas’ top five neighborhoods scored a 9/10 or better in terms of SnackAbility. But, don’t get it twisted, to afford the $403,155 price tag for homes in these areas, you’re going to need to make at least $77,090/year.
There are other great neighborhoods that made this Dallas list that are a tad bit more affordable. But, if you want to know more, you’re going to have to keep reading.
It’s not lost on us that many of Dallas’ best neighborhoods are also the city’s wealthiest. High incomes, high home prices, and a strong focus on safety usually translates to a better living situation.
So, where is the best neighborhood in Dallas? Well, if you live in University Park, you have it made: you are Dallas’ best neighborhood for 2023.
Now, if you don’t, you are our target audience. We recommend that you do yourself a favor and take a look at our list below, we promise it will be the best decision you’ve made all day.
For more Texas reading, check out:
The 10 Best Neighborhoods To Live In Dallas
Rank Last Year: 1 (No Change)
Median Home Value: $1,176,311 (Third best)
Median Income: $198,578 (best)
More on University Park: Data | Real Estate
Rank Last Year: 2 (No Change)
Median Home Value: $1,383,288 (Second best)
Median Income: $197,247 (Second best)
More on Highland Park: Data | Real Estate
Rank Last Year: 4 (Up 1)
Median Home Value: $559,310 (Sixth best)
Median Income: $106,446 (Fourth best)
More on Bluffview: Data | Real Estate
Rank Last Year: 3 (Down 1)
Median Home Value: $493,756 (Eighth best)
Median Income: $118,668 (Third best)
More on North Dallas: Data | Real Estate
Rank Last Year: 8 (Up 3)
Median Home Value: $470,647 (Tenth best)
Median Income: $106,301 (Fifth best)
More on M Streets: Data | Real Estate
Rank Last Year: 5 (Down 1)
Median Home Value: $374,958 (14th best)
Median Income: $85,394 (13th best)
More on Oak Lawn: Data | Real Estate
Rank Last Year: 12 (Up 5)
Median Home Value: $581,167 (Fifth best)
Median Income: $89,039 (Tenth best)
More on City Center District: Data | Real Estate
Rank Last Year: 6 (Down 2)
Median Home Value: $326,434 (15th best)
Median Income: $78,733 (16th best)
More on Far North: Data | Real Estate
Rank Last Year: 10 (Up 1)
Median Home Value: $307,948 (18th best)
Median Income: $102,440 (Sixth best)
More on Preston Hollow: Data | Real Estate
Rank Last Year: 15 (Up 5)
Median Home Value: $309,550 (17th best)
Median Income: $78,164 (17th best)
More on Northeast Dallas: Data | Real Estate
Methodology: How We Determined The Best Dallas, TX Neighborhoods In 2023
To rank the best neighborhoods in Dallas, we had to determine what criteria define “best” and then apply Saturday Night Science to it.
- High incomes
- Low unemployment rates
- Low crime
- High home prices
- High population densities (A proxy for things to do)
We then ranked each neighborhood with scores from 1 to 32 in each category, where 1 was the best.
Next, we averaged the rankings for each neighborhood to create a best neighborhood index.
And finally, we crowned the neighborhood with the lowest best neighborhood index, the “Best City Neighborhood In Dallas.” We’re lookin’ at you, University Park.
Read on below to learn more about what it’s like to live in the best places Dallas, Texas has to offer. Or skip to the end to see the list of all the neighborhoods in the city, from best to worst.
We updated this article for 2023. This report is our tenth time ranking the best neighborhoods to live in Dallas.
Summary: Putting A Bow On Our Analysis Of The Best Neighborhoods In Dallas
If you’re measuring the neighborhoods in Dallas where crime is low and everyone wants to live, this is an accurate list.
As mentioned earlier, the neighborhoods in Dallas aren’t all good. South Boulevard-Park Row takes the title of the worst neighborhood to live in Dallas.
We ranked the neighborhoods from best to worst in the chart below.
For more Texas reading, check out:
Best Neighborhoods To Live In Dallas For 2023 Detailed Data
|7||City Center District||2,636|
|11||West End Historic District||1,277|
|12||Main Street District||1,106|
|15||Farmers Market District||2,272|
|24||Five Mile Creek||6,958|
|25||Love Field Area||12,066|
|26||Convention Center District||1,178|
|32||South Boulevard-Park Row||26,359|