As part of the Dallas-Fort Worth-Arlington metropolitan area, Arlington is a populous city of approximately 374,000 that's mainly flat and rather warm. It's the seventh largest city in the state of Texas, and it's ranked number 49 on the list of largest cities in the entire U.S. Arlington has numerous attractions that make this city an excellent place to visit or to live! Plus, it houses not just one but two sports teams, the Dallas Cowboys and the Texas Rangers.
Arlington, TX is a great place for affordable rent-to-own homes! With a median household income of over $63,351 and a median rent of $1,089, the Arlington, TX rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Arlington, TX. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Arlington, TX is seeing rapid growth and Arlington, TX's' housing market remains optimal with an average home price that is -100% below the 2022 national average. Arlington, TX is part of Tarrant county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Tarrant is 2.37% which is above the national average, which is 0.99%.
Arlington, TX, has a higher crime rate than 90% of other Texas cities and towns, regardless of size. The chance of becoming the victim of a crime in Arlington, TX, is 1 in 30.
Arlington is about 20 miles from Dallas, so, yes, Arlington is close to Dallas, TX.
The median cost of a home in Arlington, TX, is $281,067, slightly below the national average of $295,300.
Arlington, TX is located in a low-risk hurricane zone but they do occur from time to time. Tornadoes occur at a higher frequency than hurricanes.
Arlington, TX has a walk score of
Arlington, TX has a bike score of
The state tax rate is 0% on top of the federal tax rate of 10 to 37%.