Located in Northern Texas, Dallas is the fourth most populous metropolitan area in the nation. Historically, Dallas was one of the most important centers for the oil and cotton industries due to its strategic position along numerous railroad lines.
In the last five years, many companies from cities like San Francisco and Los Angeles have started exploring the nation to find the best cities for relocation, and many of them have targeted Dallas as a prime spot to relocate. There are a variety of reasons for this, including Texas’ business-friendly environment (ie: lower cost of doing business, lower taxes, and fewer business regulations) and also the lower cost of living for employees.
*Home value and rent averages are based on the average for 3 bedroom homes in the greater DFW metro area.