Average Cost of Living in Fort Worth
The cost of living in Fort Worth, TX is 0.2% lower than the national average.
Average Home Prices in Fort Worth
The median cost of a home in Fort Worth, Texas is $318,000, higher than the national average of $295,300.
Fort Worth Statistics
If you're interested in Fort Worth rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Fort Worth statistics compared to the U.S. national average.
|Fort Worth Averages||National Averages|
|One-Way Commute||28.5 minutes||27.1 minutes|
|Income Tax Rate||No income tax||4.6%|
|Air Quality||AQI 38||AQI 40|
|Water Quality||Elevated arsenic||Safe|
|Median Household Income||$62,187||$79,900|
|Median Property Taxes||$3,359||$2,471|
|Median Home Cost||$318,000||$295,300|
|Median Home Age||32 years||37 years|
Fort Worth has a very strong economy that barely registered a blip during the 2008 recession. The housing market has also continued to grow since that time. Because there has been such an influx of new people to the area, Fort Worth also has a ton of available housing. New home construction has remained fairly steady to ensure that there are enough available apartments, homes for rent and houses for sale in neighborhoods all over the city.
There's always something fun to do in Fort Worth. The historic stockyards in north Fort Worth are something you must see at least once: with rodeos and the stockyard station, you can get a glimpse of the city's cowboy past. If shopping in a walkable urban setting is more your style, check out Sundance Square in the midst of downtown, which also offers nightlife and restaurants. Sundance Square is also home to the 2,056-seat Bass Performance Hall that occupies an entire city block and hosts world-class symphony, opera, ballet and other stage performances. Other aspects of Fort Worth that you may enjoy include the Kimbell Art Museum, the beautiful (and free) Botanic Gardens, and the renowned Fort Worth Zoo.
School systems within Fort Worth are also diverse. Some of the best reputed schools in Fort Worth include Arlington Heights, north Fort Worth, and suburban districts such as Keller, Grapevine-Colleyville, Carroll, Burleson and the Northwest Independent School Districts.
Fort Worth is home to people from a variety of cultures, and they bring that culture to the food and art scenes in the area. Due in large part to the amount of disposable income in Fort Worth, people get to enjoy dining out often and there are plenty of good restaurants to accommodate them. The stereotype is that Texans love a good steak, and there are few places to get a better steak than in Fort Worth. If you have a special occasion or just the money to spare, don't miss Del Frisco's Double Eagle Steak House, which is a Fort Worth legend located in the heart of downtown. Reata is another famous restaurant located downtown, with 20,000 square feet spread out over four stories, and you can dine on the rooftop if you want to have gorgeous views overlooking the whole city. And of course, when you're in Fort Worth, there is no shortage of delicious barbecue and Tex-Mex restaurants. There are so many good restaurants in Fort Worth that you could try a new restaurant every night and it would take you years to work your way through the list - but chances are good that you'd be dreaming about some of the ones you already visited and will want to go back!
Fort Worth has many unique neighborhoods, including the above mentioned downtown Sundance Square neighborhood. South Fort Worth includes both the Hulen area, as well as the University area by Texas Christian University which has older architecture and appeals to artsy types. Rivercrest is one of the most prestigious neighborhoods in Fort Worth and has historic mansions and is home to one of the oldest private country clubs in Texas. West Fort Worth neighborhoods include Ridglea, Ridgmar, and Arlington Heights, the latter of which is celebrated for its closeness to downtown. Eastern Fort Worth includes Meadowbrook, Eastchase and Handley/Ederville. North Fort Worth is one of the fastest growing parts of the city and includes the Fossil Creek, Park Glen and Summerfields neighborhoods.