Zip 76119 (Fort Worth, TX) Economy


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Fort Worth, TX (76119) is a bustling city full of opportunity. With a population of approximately 895,000 people, it is the fifth-largest city in the state of Texas. The two bedroom monthly rent in this area averages $1,170 compared to the US average of $1,430 making it an affordable place to live. Other costs such as groceries are also lower than the national average with a grocery cost index rating of 94 compared to 100 in the US.
Fort Worth has a vibrant economy and is home to many innovative companies such as American Airlines and Lockheed Martin Aeronautics. There are also other well-known companies such as Pier 1 Imports, BNSF Railway and GameStop who have headquarters here. Additionally, The University of North Texas Health Science Center provides medical research opportunities to its residents and students alike.

Fort Worth (zip 76119) has an unemployment rate of 7.3%. The US average is 6.0%.

Fort Worth (zip 76119) has seen the job market increase by 2.7% 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 (zip 76119)
- The Sales Tax Rate for Fort Worth (zip 76119) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Fort Worth (zip 76119) 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 (zip 76119)
- The average income of a Fort Worth (zip 76119) resident is $12,973 a year. The US average is $28,555 a year.
- The Median household income of a Fort Worth (zip 76119) resident is $41,368 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort Worth, TexasUnited States
  7.36
  -3.9%-6.2%
  41.5%33.5%
  8.3%6.2%
  0.0%4.6%
  $16,459$37,638
  $41,368$69,021
  $46,446$85,028
  Population by Occupation
  0.2%1.2%
  0.3%0.5%
  18.1%6.8%
  12.8%10.0%
  2.3%2.5%
  10.5%11.0%
  11.1%4.8%
  0.9%0.8%
  0.8%1.9%
  3.5%4.7%
  1.2%1.9%
  2.4%7.6%
  0.0%0.1%
  5.3%4.2%
  4.3%9.3%
  10.9%14.0%
  1.2%2.1%
  7.2%7.0%
  5.3%4.8%
  1.7%4.7%
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