BaoNail - fort worth, Texas (2024)

FAQs

What is the richest area in Fort Worth Texas? ›

University West. With a median home price of $806,940 and a median rent of $1,235, University West is the most expensive neighborhood on our list. Based on the growth in home prices in University West over the last 3 years, it ranks No. 1 among all the neighborhoods in Fort Worth.

The city of Fort Worth was established in 1849 as an army outpost on a bluff overlooking the Trinity River. Fort Worth has historically been a center of the Texas Longhorn cattle trade. It still embraces its Western heritage and traditional architecture and design.

State-wise, Texas is No. 24 in the country for median income at ~$66,963 per household. The overall cost of living in Fort Worth is just over than the national average (100). The overall cost of living in FTW is just over the national average and higher than the rest of the state.

Residents of Fort Worth have two options: “Fort Worthian” or “Fort Worther.”

Fort Worth isn't short on nicknames: There's Cowtown, Panther City, and Where the West Begins — just don't call it a Dallas suburb. It may be the second half of “Dallas-Fort Worth,” but The Big Juicy is a destination unto itself, with a sizzling food scene, first-rate music venues, and world-class art.

In 2022, Dallas-Fort Worth had 92,300 high-net-worth individuals, an increase of 3% over 2021. These are individuals with investable assets of $1 million or more. It also had 4,340 multi-millionaires ($10 million or more), 211 centi-millionaires ($100 million or more) and 18 billionaires ($1 billion or more).

According to a new SmartAsset report, single adults living in Fort Worth and Arlington require a $94,765 yearly salary in order to live comfortably in 2024. That figure represents a jaw-dropping $30,023 more than they needed in 2023, when Fort Worth-area residents needed to make $64,742 a year to live comfortably.

The 5 largest ethnic groups in Fort Worth, TX are White (Non-Hispanic) (37.7%), Black or African American (Non-Hispanic) (18.9%), White (Hispanic) (14.1%), Other (Hispanic) (10.5%), and Two+ (Hispanic) (9.68%).

Is it better to live in Dallas or Fort Worth? ›

Fort Worth is known to be more casual and easy-going than Dallas, has less traffic and is easier to navigate. Dallas tends to be more expensive, urban and busy. Most visitors and residents don't have the same “Texas feel” in downtown Dallas as they might in Fort Worth.

Total crime in Fort Worth is 21.7% higher than the state average. You have a 1 in 37 chance of being a victim of property crime in Forth Worth compared to a 1 in 45 chance for Texas overall. The murder rate is 81.8% higher in Fort Worth than in Texas.

With a median home price of $127,900 and a median rent of $1,107, South Seminary is the most affordable neighborhood on our list. Based on the growth in home prices in South Seminary over the last 3 years, it ranks No. 212 among all the neighborhoods in Fort Worth.

Highland Park regularly ranks as the richest neighborhood in Dallas – and for good reason. Highland Park is an affluent and picturesque residential neighborhood approximately 3 miles north of the center of Dallas, so downtown is always in close proximity.

Forth Worth makes the list at No. 22 with an average top 5% income of $355,816 and $120,362 is listed as the lowest income for area residents to be considered “rich,” per Go Banking Rates. Arlington comes in at No.

The richest person in Dallas-Fort Worth? Alice Walton, the daughter of Walmart founder Sam Walton. Forbes listed her as the 21st-richest person in the world with a net worth of $72.3 billion.

The richest part of Texas is often considered to be the Dallas-Fort Worth area, particularly neighborhoods like Highland Park. This area boasts high per capita incomes and expensive real estate, making it a hub for the wealthy.