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Highland Park, TX&

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Population
8,986
0.79% growth
Median Age
46.1
Median Household Income
$189,485
3.21% growth
Poverty Rate
4.69%
Number of Employees
3,742
1.63% decline
Median Property Value
$1.25M
5.1% growth

Economy

The economy of Highland Park, TX employs 3,742 people. The economy of Highland Park, TX is specialized in Management of Companies & Enterprises; Real Estate, Rental & Leasing; and Mining, Quarrying, Oil, Gas Extraction, which employ respectively 14.2; 4.65; and 3.71 times more people than what would be expected in a location of this size. The largest industries in Highland Park, TX are Professional, Scientific, Tech Services (855), Finance & Insurance (536), and Healthcare & Social Assistance (360), and the highest paying industries are Finance & Insurance ($195,781), Mining, Quarrying, Oil, Gas Extraction ($159,167), and Professional, Scientific, Tech Services ($156,071).

Median household income in Highland Park, TX is $189,485. Males in Highland Park, TX have an average income that is 1.82 times higher than the average income of females, which is $68,939. The income inequality of Highland Park, TX (measured using the Gini index) is 0.559 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Highland Park, TX. In Dallas County, TX the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 67 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $11,078. Newton County, TX has the highest prevalence of homicides of any county in Texas.

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The closest comparable data for the census place of Highland Park, TX is from the county of Dallas County, TX.

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Diversity

Highland Park, TX is home to a population of 8,986 people, from which 98.2% are citizens. The ethnic composition of the population of Highland Park, TX is composed of 8,014 White residents (89.2%), 488 Hispanic residents (5.43%), 233 Two+ residents (2.59%), 216 Asian residents (2.4%), and 20 Other residents (0.22%). The most common foreign languages in Highland Park, TX are Spanish (443 speakers), Chinese (101 speakers), and Arabic (47 speakers), but compared to other places, Highland Park, TX has a relative high number of Scandinavian (10 speakers), Greek (19 speakers), and Arabic (47 speakers).

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Education

In 2015 universities in Dallas (West Central), University Park Cities & Highland Park Town PUMA, TX awarded 5,569 degrees. The student population of Dallas (West Central), University Park Cities & Highland Park Town PUMA, TX is skewed towards females, with 2,440 male students and 3,129 female students. Most students in Dallas (West Central), University Park Cities & Highland Park Town PUMA, TX are White (2,785 and 50%), followed by Hispanic or Latino (875 and 15.7%), Black or African American (531 and 9.5%), and Asian (431 and 7.74%). The largest universities in Dallas (West Central), University Park Cities & Highland Park Town PUMA, TX by number of graduates are Southern Methodist University (3,889 and 69.8%), University of Texas Southwestern Medical Center (476 and 8.55%), and PCI Health Training Center (457 and 8.21%). The most popular majors in Dallas (West Central), University Park Cities & Highland Park Town PUMA, TX are General Economics (164 and 2.94%), General Finance (159 and 2.86%), and Registered Nursing (137 and 2.46%). The median tuition costs in Dallas (West Central), University Park Cities & Highland Park Town PUMA, TX are $44,694 for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Highland Park, TX is $1.25M, which is 6.12 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $1.19M to $1.25M, a 5.1% increase. The homeownership rate of Highland Park, TX is 84.5%, which is higher than the national average of 63.6%. People in Highland Park, TX have an average commute time of 15.2 minutes, and they commute by Drove Alone. Car ownership in Highland Park, TX is approximately the same as the national average, with an average of 2 cars per household.

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United States
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Texas
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Dallas County, TX
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Dallas-Fort Worth-Arlington, TX Metro Area
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Dallas (West Central), University Park Cities & Highland Park Town PUMA
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