When you’re considering relocating to a new city or going from a renter to a buyer, you need to know where to go. Buying a house in Dallas is a great investment for many reasons. It’s a top city in the United States with a strong job market and a strong real estate market. One of the top reasons why buy a House in Dallas?
Dallas is one of the fastest growing cities in the county and has one of the highest rates of job growth. It’s a booming city with a wonderful downtown, plenty of great suburbs, excellent culture, all kinds of annual evens and so much more.
Here are a few of the best reasons why you should buy a home in Dallas.
Cost of Living
Compared to other cities in the nation, the Cost of Living Index for Dallas is very good. It’s not a super expensive city like a Chicago or a New York City. The prices for going out to dinner, buying groceries and utilities are rather reasonable.
Dallas is only about 1% more expensive than the national average, which is great for a big city. In addition, the average salary in the city is about $60K.
The Job Market
One of the major reasons to consider relocating to Dallas is the job market. Dallas has been ranked third in the country for highest salaries, which is a big reason why so many people are relocating to Dallas.
Top companies have their headquarters here including JCPenney, Fossil, Southwest Airlines, ExxonMobil, AT&T and many others. The healthcare industry is also booming here with plenty of great places to work including the Baylor Healthcare System and the Texas Health Resources, Inc.
Dallas was also ranked tenth by Forbes Magazine on their list of Best Places for Business and Career. Those looking to start a career or business will likely find plenty of success in Dallas.
No State Income Taxes
When you live in Texas, you don’t have to pay any state income taxes. It’s one of a few states in the country without a state income tax. This is a significant benefit for some and a good benefit for many.
The dining options throughout Dallas are amazing. There are several top restaurants all throughout the area with a range of cuisine. There are far too many great restaurants to list them all, but one you may want to start with is called La Nueva Fresh & Hot Tortilleria.
Of course, the Dallas Cowboys are found here and many have labeled them as “America’s Team”. However, there are several other professional teams here including the Dallas Mavericks, Texas Rangers, Dallas Stars and many minor league teams throughout the area.
If you’re considering relocating to Dallas, it’s a good idea to know what you’re getting into. Dallas is a great choice with plenty to offer. It’s an affordable place to live with a growing job market.
When it’s time to buy a house in Dallas, you want to make sure you hire the right real estate agent. With the right agent, you’ll be able to get the right home in the right neighborhood.
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Helpful links: Dallas First Time Home Buyer & Related Home Buying Programs