Fort Worth, Texas (76103) is a great place to live due to its low cost of living. The average two bedroom rent price in Fort Worth is $1,100 while the US average is $1,430. This makes it easy for people on smaller incomes to still afford a nice place to call home. Additionally, the grocery cost index in Fort Worth is 95 compared to the national average of 100 making food costs more palatable in this area as well.
Fort Worth is an economically diverse city that offers many opportunities for work and growth. Major companies like American Airlines and Lockheed Martin are headquartered here. The Historic Stockyards district has been a staple of the city since 1866 and is now thriving with businesses such as Trail Drive Management Company, Billy Bob’s Texas, and Texas Cowboy Hall of Fame. With world-renowned attractions like Sundance Square and The Modern Art Museum of Fort Worth, it’s no wonder why the population continues to grow into this bustling metropolis!
Fort Worth (zip 76103) has an unemployment rate of 7.3%. The US average is 6.0%.
Fort Worth (zip 76103) 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 (zip 76103)
- The Sales Tax Rate for Fort Worth (zip 76103) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Fort Worth (zip 76103) 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 76103)
- The average income of a Fort Worth (zip 76103) resident is $23,002 a year. The US average is $37,638 a year.
- The Median household income of a Fort Worth (zip 76103) resident is $52,738 a year. The US average is $69,021 a year.