Long stuck in the shadows as Dallas' little sister, Fort Worth has emerged as a major city in its own right. Part of the sprawling 12-county region known along with Dallas as the Metroplex, Fort Worth is a very big city with a surprising small-town feel. Although Fort Worth has a smaller population than Dallas, by itself it is still the 16th largest city in the U.S. It also spans a whopping 350 miles and is considered by some to be the gateway to the western part of the country.
Fort Worth, TX is a great place for affordable rent-to-own homes! With a median household income of over $64,567 and a median rent of $1,115, the Fort Worth, 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 Fort Worth, 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.
Fort Worth, TX is seeing rapid growth and Fort Worth, TX's' housing market remains optimal with an average home price that is -12% below the 2022 national average. Fort Worth, 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%.
No. Dallas and Fort Worth are actually different cities though they are often mentioned together as they make up the same metroplex and are situated very close together.
Fort Worth is somewhat liberal with 49.3% of the population voting liberal in the last presidential election. However, Fort Worth is in the state of TX which still is largely conservative.
The average cost of a home in Fort Worth is $318,000. Considering the current housing market trends and how expensive many homes are, homes in Fort Worth are still reasonably priced and within most budgets for the most part.
Fort Worth, TX has a walk score of
Fort Worth, TX has a bike score of
The state tax rate is 0% on top of the federal tax rate of 10 to 37%.