Often touted as “Where the West Begins” Fort Worth has humble beginnings as one of eight forts set to protect settlers from Indian attacks on the new frontier. Known for its history in cattle trade, today “Cowtown” is a thriving city, currently the 13th largest in the country. In just 10 years from the 2010 Census to the 2020 Census, Fort Worth’s population grew by more than 22%. What is drawing people to Fort Worth?
It’s no secret that Texas has been a popular destination for those seeking more affordable housing and a slower pace of life, especially in the last few years since working from home has become more prominent. The median home value of owner-occupied housing units is $218,000, which in comparison to large cities like New York and Los Angeles, is very reasonable. Median rent prices are about $950.
The map below shows the colossal growth of the Dallas/Fort Worth area in the last 50 years. From humble beginnings in 1970, this is now a thriving area. Fort Worth, previously thought of as a suburb of Dallas, is now a city in its own right, with suburbs of its own.
Over the last few years, Fort Worth has lost some of the household name companies that called the city home, including Radio Shack and Pier 1 Imports, although that hasn’t slowed growth at all. Many new companies have taken their places, and there are many jobs in education (due to the colleges and universities in the area), retail, construction, sales and office administration. Nearly 24% of the population has an associates degree or higher level of education. The median age in Fort Worth is 32, an indication of the number of young families that live in the city.
Overall, Fort Worth doesn’t look like it will be slowing on growth anytime soon. Though the steady influx of new citizens are driving the cost of living higher, many people are content to live in the suburbs of Fort Worth to save some on housing costs. In the next several years, Parker and Johnson County will also add to their population totals as well, growing the footprint of the Dallas/Fort Worth metroplex even further.