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The total population of Lake Dallas is estimated to be 7,682 with 3,450 males (44.91%) and 4,232 females (55.09%). There are 782 more females than males in Lake Dallas.
The median household income in Lake Dallas was $70,174 in 2021, which marked an a decrease of 3,259(4.44%) from $73,433 in 2020. This income is 94.06% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake Dallas sees its highest median household income among householders in the age group of 45 to 64 years old, at $94,663. Overall, the median household income for the city of Lake Dallas stands at $70,174.
In Lake Dallas, the median income for all workers aged 15 years and older, regardless of work hours, was $35,016 for males and $37,326 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,632 for males and $62,135 for females.
In Lake Dallas, there are just two different racial groups among households. Among these, White households report a median household income of $76,839, while Black or African American households have a median household income of $50,415.
In 2022, the population of Lake Dallas was 7,830, a 1.07% increase year-by-year from 2021. Previously, in 2021, Lake Dallas's population was 7,747, an increase of 0.32% compared to a population of 7,722 in 2020.
The median age in Lake Dallas, TX is 38.3, as per 2021 ACS 5-Year Estimates. Of the total population, 18.91% were under the age of 15, 19.55% aged 15 to 29, 52.71% aged 30 to 64, 8.68% aged 65 to 84, and 0.14% were 85 years of age and older.
Racial distribution of Lake Dallas population: 88.74% are White, 3.38% are Black or African American, 0.96% are American Indian and Alaska Native, 0.87% are Asian and 6.04% are multiracial.