Highland Park By The Numbers

Category: Finance, Real Estate.

Highland Park, is the epitome, simply put of residential, luxury living.

Set high atop elevated land, with a gorgeous view of the city, Highland Park has become a nationally renowned city of wealth and affluence. This upscale community provides its residents with a respite from the hustle and bustle of the city, yet is just a few miles north of downtown Dallas. Real estate in this area does come at a hefty price, for good reason. Perhaps the easy, ten- minute drive to the city is what keeps Highland Park real estate in such high demand. As one- half of the Park Cities area of Dallas( the other being University Park) , this affluent community boasts picturesque surroundings, an excellent school system, meticulously kept parks and of course, a prime location for convenient commuting to the Dallas/ Fort Worth metropolitan area. Or perhaps it s the stunning homes that are found here.

Condominiums and townhomes can range in price from the mid$ 200, 000s to$ 1 million, while single family homes can start in the high$ 600, 000s. This area offers a wide array of real estate, from condominiums and townhomes to palatial estate properties and newly built luxury homes. Estate properties and new, luxury homes typically start in the mid- $800, 000s and can easily exceed$ 12 million. Highland Park by the Numbers. One thing s for sure when it comes to real estate in Highland Park- it s red hot and doesn t look like it s going to cool off any time soon. Approximately 9, 000 residents call Highland Park home.

As of the 2000 census, Highland Park had a median household income of$ 149, 389 and a median family income of$ 200, 00A home in Highland Park will cost you about$ 370 per square foot, which is a jump of 10 percent from just a year ago. This area was ranked# 60 by Worth Magazine s list of the 250 richest towns in Texas in 200Highland Park is the 41st wealthiest city in the United States and the 19th wealthiest city with a population of over 1, 00Highland Park is also the 4th wealthiest area in Texas, by per capita income. Highland Park s Picturesque Surroundings. In fact, Highland Park got its name because the original plans for the community detailed that 20 percent of the land would be reserved for parks. The Park Cities area boasts more than 25 parks. Lakeside Park is a particularly splendid site, with 14 acres of lush surroundings and thoughtfully landscaped grounds.

Highland Park Village, also known as" America s First Shopping Center, " indulges its residents with over 80 shops, offices and a, restaurants movie theater. Highland Park offers its residents some of the most picturesque parks in the country, as well as recreation centers and hiking, biking and horseback riding trails. Highland Park is located in central Dallas County, at State Highway 289 and U. Route 7Located just four miles north of downtown Dallas, this town is bordered on the south, east and west by Dallas and on the north by University Park.