The city of Fort Worth, TX (76120 zip code) has an average 2 Bedroom rent cost of $1,330 per month. This is slightly lower than the US average of $1,430, making it an attractive option for those looking for affordable housing. The grocery cost index in Fort Worth is 98 versus the US average of 100, making groceries slightly more affordable in this area as well. Major companies located in Fort Worth are American Airlines, BNSF Railway, and Lockheed Martin Aeronautics. In all, Fort Worth offers a very attractive cost of living while still giving access to some major employers.
Fort Worth (zip 76120) has an unemployment rate of 7.3%. The US average is 6.0%.
Fort Worth (zip 76120) 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 76120)
- The Sales Tax Rate for Fort Worth (zip 76120) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Fort Worth (zip 76120) 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 76120)
- The average income of a Fort Worth (zip 76120) resident is $33,403 a year. The US average is $37,638 a year.
- The Median household income of a Fort Worth (zip 76120) resident is $69,969 a year. The US average is $69,021 a year.