Dallas
Dallas
Growing Companies Choose Dallas
Telecoms and software companies have thrived here historically, while cybersecurity firms are gathering in clusters here as well. Beyond the successful commercial scene lies a place where art, education, and sports have deep roots and are rich in local culture.
Cisco
Uber
Amazon
Microsoft
Intuit
Raytheon
Lockheed Martin
American Airlines Group Inc
Top Companies have thousands of employees in Dallas
Top Ten Digital Infrastructure Globally
23 Fortune 500 Companies in Dallas-Forth Worth
5th most diverse city in the US
—CBRE
:Talent
Dallas ranks second in educational attainment among the Texas metros, with 36.5% holding a bachelor’s degree or higher. A well-educated workforce and rapid growth continue to attract businesses to the area.12
Dallas has solidified its place in the country as a top five tech labor market1
15 major universities, 400K+ students enrolled1
6,503 tech degrees obtained in 2017 at local universities1
5th Largest Tech Labor Pool in North America
—CBRE
:Cost
Dallas is ranked highly for key economic measures, but its cost of living and working is reasonable by coastal tech hub standards.
Dallas area housing consistently one of
the most affordable metro markets in the US
13.9% rent-to-tech wage ratio, the most rent-friendly large tech talent labor pool market
Per capita income & median household income higher than national figures12
#9 Best Performing City
—Milken Institute
:Quality of Life
High ratings in startups, environmental quality and leisure & culture
—Teleport
:Connection
HQ for both American Airlines and Southwest Airlines—DFW is one of the most globally connected airports in the world.
Nonstop destinations9
See full list at nsflight.com
DFW airport is the 4th busiest in the US, and larger than the island of Manhattan
Dallas is HQ to both American Airlines and Southwest Airlines
:Strategic Sectors12
High Tech
- The first microchip was invented in Dallas at Texas Instruments
- Today high tech manufacturing has a very large base in Dallas.
- The DFW tech industry encompasses four general categories: manufacturing, information services, professional technical services, and bio-life sciences.
IT & Telecom
- Dallas is home to major technology companies, including Texas Instruments and AT&T
- The information technology and telecommunications cluster employed about 8 percent of the metro’s workforce in 2017, growing 16 percent from 2010-2017
Business and Financial Services
- Business and financial services is the largest industry cluster in Dallas, employing around 14% of the workforce in 2017
- Some of Dallas’ largest employers are banking companies, such as JPMorgan Chase & Co. and Bank of America
Defense and Security
- The Defense and Security sector has gained standing in Dallas, employing 5 percent of the workforce
- Dallas’ neighbor, the Fort Worth–Arlington metropolitan division, also has dominant defense and energy clusters
Transportation and Logistics
- Expected to see continued expansion following an earlier national consolidation that increased the sectors’ local concentration
- Fort Worth–Arlington serves as a logistics and distribution hub with activity spilling into Dallas, where transportation and logistics was the fastest-growing cluster.
:Growing companies choose Dallas
Dallas’s economy is built on a diverse mix of industries and strategic focus. Recent investment in the region includes:
Uber
450K ft2 space and 3000 jobs
McKesson
Moved HQ from CA, $157M and 1,000 jobs
Charles Schwab
Moved HQ from SF + 3,000 jobs
JPMorgan
540K & 4000 jobs at Dallas location
Aeromax
Moved HQ to Dallas from California
Amazon
1500 tech jobs at Dallas location
Infosys
Paycom
Peloton
AMN Healthcare
Wipro
Raytheon
Dallas was #1 metro for job growth in 2018 and 2019
Texas named top state for business 15 years in a row
Inc 500 fastest growing private companies lists 17 Dallas companies
Sources
1 2020 Scoring Tech Talent, cbre.us; 2 C2ER, coli.org; 3 Cushman and Wakefield Dallas Office MarketBeat Report Q2 2020; 4 Cushman and Wakefield Dallas Industrial MarketBeat Report Q2 2020; 5 Zillow.com; 6 Statisticalatlas.com; 7 Statista.com; 8 The Business Journals, bizjournals.com; 9 nsflights.com; 10 College Simply, collegesimply.com; 11 Destination DFW, destinationdfw.com; 12 Federal Reserve Bank of Dallas, dallasfed.org;
