Homes for Rent in Irving, TX: What You Need to Know
In Irving, it’s all about location, location, location. Irving is strategically situated between Dallas and Fort Worth, the business hub of North Texas.
A Thriving Job Market
The hospitality industry, which caters to about three million visitors annually, is an important player in Irving’s economy, employing more than 14,000 people. Major companies with headquarters based in Irving include Fluor Corp. (a global engineering, fabrication, and construction company) and McKesson Corp. (health information technology and medical supplies). Other big companies with a large presence in Irving include Citi, Verizon, and Microsoft.
The Cost of Living in Irving
Irving’s cost of living is 1.7% higher than the national average, the same as Dallas but slightly better than Fort Worth (3.1% higher than the national average). Food and housing costs in Irving are 3.2% and 12.3% lower than the national average respectively. Texas doesn’t levy any income tax. The state’s sales tax ranges from 6.25% to 8.25%. Median gross rent in Irving is $1,086.
Know Your Neighborhoods
Irving is considered a suburb of Dallas, so if you like the suburbs, you’ll like Irving! Locals praise their community for its diversity and great amenities. The majority of Irving residents are renters. Check out nearby towns such as Coppell and University Park. They both have highly rated schools. University Park also gets kudos for its cleanliness, safety, and friendliness. Coppell is known for peace and quiet, so don’t expect an active nightlife. Flower Mound is a bit farther from Irving, but it’s well worth it because it has excellent schools, lovely parks, and Grapevine Lake.
The Local Population
Irving is a diverse midsize city (population of 239,798) composed of 43.2% Hispanic or Latino, 22.8% white, 18.2% Asian, and 13.2% black or African American. The city touts a young and well-educated population – about 40% of residents over 25 have earned a two-year associate degree, and 35% have at least a bachelor’s degree. The median age of residents is 32. More than one-third of all residents are between 25 and 44 years old.
Getting Around in Town
Dallas Area Rapid Transit (DART) will get you around not just in Dallas, but also Irving, and other surrounding cities. DART operates Light Rail, Trinity Railway Express commuter rail, buses, and paratransit services. Over 220,000 passengers commute via DART every day across a 700-square-mile service area. By car, Irving is accessible from six major highways. It’s serviced by Dallas/Fort Worth International Airport, which handles more than 2,000 worldwide flights a day.