Fort Worth, TX is an excellent place to live and work. Home to major international companies such as American Airlines, Lockheed Martin, and Bell Helicopter Textron, the city offers plenty of jobs in a variety of industries. In addition to plentiful career opportunities, Fort Worth boasts an array of attractions including the Kimbell Art Museum, Sundance Square and Billy Bob’s Texas. The cost of living is also reasonable; the average 2 bedroom rent in Fort Worth is $1,590 compared to the US average which is $1,430. Furthermore, the Grocery Cost Index in Fort Worth is 98 versus 100 for the nation as a whole. With so much to offer in terms of job prospects and entertainment options at an affordable price point, it’s no wonder why people are drawn to this incredible city.
Fort Worth has an unemployment rate of 7.3%. The US average is 6.0%.
Fort Worth has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 41.5%, which is higher than the US average of 33.5%.
Tax Rates for Fort Worth
- The Sales Tax Rate for Fort Worth is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Fort Worth 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 Fort Worth
- The average income of a Fort Worth resident is $32,569 a year. The US average is $37,638 a year.
- The Median household income of a Fort Worth resident is $67,927 a year. The US average is $69,021 a year.