Best place to live out in Dallas?
Working in IB with a bank in Dallas. Need to figure out the best place to live and set up shop for 2 years.
Working in IB with a bank in Dallas. Need to figure out the best place to live and set up shop for 2 years.
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Ah, diving into the heart of Texas, are we? Dallas is a sprawling metropolis with a lot to offer, especially for someone in the high-paced world of investment banking. Based on the most helpful WSO content, let's break down some considerations for setting up your nest in Dallas:
Proximity to Work: Given the demanding hours in investment banking, living close to your office can be a huge plus. This reduces commute time and gives you a bit more flexibility with those unpredictable work hours.
Lifestyle Preferences: Dallas is diverse, with neighborhoods that cater to different lifestyles. If you're looking for nightlife, dining, and entertainment, areas like Uptown and Deep Ellum might be up your alley. For a more laid-back vibe, consider areas like Bishop Arts District or Lakewood.
Cost of Living: While Dallas is generally more affordable than other major cities in the U.S., some neighborhoods can be pricier, especially those closer to downtown or with more amenities. Balancing your budget with your desired lifestyle is key.
Connectivity and Ease of Travel: For those weekends when you need a quick getaway or for easy travel to other cities, living near major highways or Dallas Love Field/Dallas-Fort Worth International Airport can be a boon.
Community and Networking: Considering you're in investment banking, being in or near areas with a strong professional community can be beneficial for networking. Areas with a higher concentration of professionals might offer more opportunities to connect outside of work.
Safety and Amenities: Always consider the safety of the neighborhood and the availability of amenities like grocery stores, parks, and fitness centers. A comfortable living environment is crucial for those stressful days.
Given these considerations, neighborhoods like Uptown for its vibrant scene and networking opportunities, or perhaps the more laid-back but still conveniently located Lakewood, could be great choices. Each has its unique charm and benefits, depending on what you're looking for in your Dallas experience.
Remember, Dallas is a city of neighborhoods, each with its own personality. It might be worth exploring a few areas to get a feel for them before making your decision. Happy house hunting, and welcome to the Lone Star State!
Sources: What cities will be the top places to live in the next 5-10 years?, What cities will be the top places to live in the next 5-10 years?, Texas Business Outlook (Austin, Dallas, Houston)
Victory Park
yeah
The best neighborhoods there are highland / university park and preston hollow
Lol absolutely not the Park Cities or Preston Hollow as a junior who’s coming for 2 years… even if you could afford it you’d be bored out of your mind.
Uptown / Victory Park to be close to the office in a more or less upscale highrise area. This is the classic answer and would be my recommendation knowing nothing else about you
Bishop Arts, or maybe the Design District if you want a little more edge and close to the office but not walkable. Old East Dallas or Oak Lawn if you want that but cheaper and a bit sketchier.
Deep Ellum if you want to be surrounded by nightlife and everything that comes with it. Not for everyone
Knox Henderson or Lower Greenville if you want quieter but still access to bougie restaurants.
Maybe Irving or Addison if you want to save money and don’t mind being farther away from things. I never got why people in their 20s live out there, but quite a few do
Deep Ellum is a little trashy. Almost all young professionals working in finance will live in Uptown/Victory Park. I'd also consider west dallas (just west of downtown/uptown). There's a bunch of new apartments there that are well priced with good amenities. It's not really walkable, but super close uber to drive to anywhere you'd really want to go in your 20s. Look near Trinity Groves.
Highland park
How do people afford highland park? What jobs do they have?
Bump
This is the general answer (not specific to OP situation).
If loaded and older, preferably married, Highland Park, Preston Hollow or University Park.
Greenville, Lakewood, Lake Highlands, parts of Richardson, parts of Plano & Bluffview are all really solid, well located suburban neighborhoods. Lots of people starting families or with kids look in these areas. You could easily live here for the rest of your life and be happy.
The nice, more happening places for younger single people are Knox Henderson, Lower Greenville & parts of Uptown. The parts of Uptown I'd look at are West Village & Turtle Creek. I don't really like State Thomas and I'm always surprised how many people recommend Victory Park. Victory Park is pretty new and the buildings look nice but the traffic is awful anytime there is an event at American Airlines Center (every night) and the area just hasn't really taken off like people expected.
If I'm OP and have two years to ball out, I'm either renting a house in Lower Greenville or looking at the luxury apartment buildings in Knox Henderson or Turtle Creek.
Second Turtle Creek
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