Run the numbers: How does Dallas’ wealth stack up statistically?

by Larry James of Urban Daily

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Just the facts, ma'am.

If you make $50,000 annually in Dallas, you'd need the following salaries to maintain the status quo in these cities:

• Austin: $58,343
• Houston: $50,800
• San Antonio: $48,971
• Boston: $85,029
• San Francisco: $113,714
• Seattle: $81,543
• Atlanta: $53,714
• Los Angeles: $82,057
• Chicago: $60,057

Annual mean wage:

• 2005: $45,146
• 2009: $49,856
• 2011: $46,160

Metro-area population:

• 2005: 5,816,407
• 2009: 6,447,615
• 2011: 6,526,548

Interesting stats:

• 2.6 Average household size
• 21.1 % of obese adults
• 31.8 Median resident age
• 27.7 % of adults with at least a bachelor's degree

• 58 % of family households
• 1,603 Number of full-service restaurants
• $1,196 Average monthly rent for one-bedroom apartment
• $135,600 Estimated median house or condo value
• $87,400 Estimated median house or condo value in 2000

Unemployment rate:

• 5.8% July 2008
• 8.7% July 2009
• 9.1% July 2010
• 8.9% July 2011
• 7.9% July 2012

[This information gleaned from The Dallas Business Journal week of October 26, 2012, page 11.]

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