Dallas population is 7.4M, with a total workforce of 3.7M. The labor market grew by 96,900 jobs over the past year, up by 2.7%. The median household income in Dallas is $70,436, 4.5% higher than last year and 14.8% above the national average of $61,372. In the housing market, total permits issued totaled 62,292 over the last twelve months, up 3.0% year-over-year. Dallas has 1,247 active new home projects on the market, 2.2% more than the 1220 from last year. The average list price in the market is $369,608, 1.0% higher than last year and 19.3% above the national average. Over the last three months, new home contracts decreased by 7.6% to 6,433. Fort Worth and Frisco had the highest concentration of the new home contracts in the Dallas market.