Texas · Population 941,311 · Updated March 2026
How far your income goes in Fort Worth
State-level tax rates that affect your costs
Fort Worth has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 97 (where 100 equals the national median), Fort Worth residents can expect to pay median rent of $1,412/month while earning a median household income of $76,602/year.
The median home value in Fort Worth, TX is $277,300, with typical monthly owner costs around $1,489 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.
Texas has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.25% sales tax rate and 1.6% effective property tax rate, the overall tax environment helps keep costs manageable in Fort Worth.
Common questions about living costs in Fort Worth
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