If you want to relocate your family or find the ideal spot to retire, consider moving to Dallas, Texas, where you will experience the perfect combination of big-city amenities and quiet suburban landscapes, a strong economy, and affordable living in a place without state income tax. In fact, U-Haul reported that Texas was number one on a list of states people moved to in 2023 by how many people rented one-way U-Haul equipment. Read on to explore some of the reasons why Dallas is such a fantastic community to call home.
Why Are People Moving to Dallas, Texas
Dallas has historically low unemployment rates and a steady projected annual job growth rate and is currently home to 11 of the Fortune 500 companies in the city limits, including AT&T. The communities around Dallas serve as the headquarters for more than 20 other Fortune 500 companies, including American Airlines and ExxonMobil. Much like the diversity of the people who live there, the Dallas metro area boasts a diverse economy. Major sectors include financial services, defense, transportation, oil and gas, telecommunications, and information technology. The region has top-notch medical facilities and dozens of colleges and universities.
Is Dallas a Good Place to Live for Young Adults
We think so, and the numbers don't lie! With so much disposable income and diversity, there are some impressive restaurants and culinary offerings, not to mention the vibrant nightlife. You'll find various options to suit just about any palate, and you can enjoy live music simultaneously in many establishments. There are plenty of date night options, and more than a few places call for getting dressed up to attend. If you love putting on your Saturday night best, you'll be right at home in Dallas!
Other than eating out and clubbing, Dallas and the surrounding communities offer ample activities to keep you busy throughout the year. Explore the Dallas Arboretum and Botanical Gardens, see animals at the Dallas World Aquarium, the Dallas Zoo (Texas' first and largest zoo), or the Fort Worth Zoo. You can also pose among the Dallas Cattle Drive Sculptures or get a dose of vitamin D and a little exercise at one of the area's local parks or trails, including the 5.2-acre Klyde Warren Park in the city's heart. If you want to take in a little culture, visit one of the many historical museums, including The Sixth Floor Museum at Dealey Plaza, which chronicles the assassination of President John F. Kennedy in 1963 from that location.
Dallas has also hosted the State Fair of Texas since 1886 and the Red River Showdown football game between the University of Texas at Austin and the University of Oklahoma as part of the State Fair since 1929. Are you looking for something to do with a traditional Lone Star State flair? Head to the Fort Worth Stockyards National Historic District to see the original brick walkways and wooden corrals that showcase the history of the livestock industry in Texas. While there, stay to watch a cattle drive or the rodeo.
Dallas Sports
No matter your sport, the Dallas area likely has you covered. The metro area has six major league sports teams, including one women's professional team, the Dallas Wings. The Dallas Cowboys, also called America's Team, play at AT&T Stadium in Arlington, Texas, about 20 miles west of downtown Dallas.
About Transportation, Traffic, and Cost of Living
The Dallas metro area also offers alternate commute options through the Dallas Area Rapid Transit system, which operates buses, light rail, commuter rail, and high-occupancy vehicle lanes. There are also two major airports, Dallas Fort Worth International Airport and Dallas Love Field, providing easy access to many destinations worldwide. If you want to set off on a road trip or travel within the metro area, you can hop on one of several interstate systems that converge in and around the city. There are arguably limited public transportation options, so make sure you have a reliable car if you choose to live here.
Tips for Moving to Dallas, Texas
If you decide that living in Dallas is a good fit, make sure you do your research before settling on a community. The region is rich with unique neighborhoods offering different amenities, like top schools, quiet streets, easy access to public transportation or city living, and close to entertainment options and nightlife.
With the rapid growth in population over the last decade, there has also been a boom in the real estate market. Once you settle on an area you'd like to live in, getting pre-approved for a home loan is an excellent idea if you're looking to buy so you can take advantage of a great opportunity. WaFd Bank offers multiple home loan options to fit your needs, with knowledgeable loan officers to guide you every step of the way. Remember that property taxes may be on the high side since there is no state income tax, which you can check on the Dallas County website.
Local Banking with WaFd Bank in Dallas, Texas
Deciding whether to relocate to a new community is a personal and financial choice. If you're moving to the Dallas area, WaFd Bank is here to assist you every step of the way. With multiple locations across Texas, WaFd Bank offers checking and savings accounts, business bank accounts, and home and custom construction loans, among other services. Our friendly bankers are here for you with any and all questions you might have; plus, WaFd offers some of the best digital tools around with great-looking debit cards to spend in style.
All loans subject to credit approval.
