Forney, TX Economy


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Forney, Texas is a small city located just east of Dallas. It’s home to nearly 20,000 people and has a unique charm with its rural culture paired with all the benefits of a big city such as schools, businesses and attractions. There are several well-known companies in Forney including Sprouts Farmers Market, First Bank, AT&T and more. The cost of living in Forney is slightly higher than the US average; for example rent is approximately $2,070 for a two bedroom apartment compared to the US average of $1,430. Additionally, the grocery cost index in Forney is 99 versus 100 in the US. All in all, there are many great reasons why Forney can be an excellent choice for those looking to live close to Dallas without sacrificing their rural lifestyle.

Forney has an unemployment rate of 6.3%. The US average is 6.0%.

Forney has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 49.1%, which is higher than the US average of 33.5%.

Tax Rates for Forney
- The Sales Tax Rate for Forney is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Forney is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Forney
- The average income of a Forney resident is $33,861 a year. The US average is $37,638 a year.
- The Median household income of a Forney resident is $93,803 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForney, TexasUnited States
  6.36
  -3.5%-6.2%
  49.1%33.5%
  8.3%6.2%
  0.0%4.6%
  $33,861$37,638
  $93,803$69,021
  $112,157$85,028
  Population by Occupation
  0.6%1.2%
  0.3%0.5%
  10.2%6.8%
  4.8%10.0%
  1.9%2.5%
  12.6%11.0%
  6.6%4.8%
  0.5%0.8%
  1.4%1.9%
  5.9%4.7%
  1.6%1.9%
  6.4%7.6%
  0.0%0.1%
  4.0%4.2%
  10.4%9.3%
  16.6%14.0%
  0.0%2.1%
  5.2%7.0%
  3.5%4.8%
  7.3%4.7%
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