1031 Exchange Fort Worth, Texas

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Fort Worth due to their correlations with market demand, and conversely, vacancy rate.

Surrounding metropolitan Area

Fort Worth, Texas is a part of the Dallas-Fort Worth-Arlington, TX metropolitan area, and contains 56 zip codes, including: 76110, 76129, 76109, 76191, 76126, and 76119.

Fort Worth Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Fort Worth, TX metropolitan area was $988, which is 27.65% lower than 2014 average rent. This represents a compounded annual growth rate of 5.00%. 2019 vacancy in Fort Worth, TX was 4.50%.

The total population of the city of Fort Worth, TX has grown 20.75% since 2010. As of 2018, the population was 895,008. The median household income of the Fort Worth was $59,255, which is 1.72% lower than the national average.

  • metropolitan area Dallas-Fort Worth-Arlington, TX
  • avg rent $988
  • rent growth 27.65%
  • vacancy 4.50%
  • median income $59,255
  • population (2018) 895,008
  • population growth 20.75%
  • vs. nat'l avg 1.72%
  • zip codes 76101 76102 76103 76104 76105 76106 76107 76108 76109 76110 76111 76112 76113 76114 76115 76116 76118 76119 76120 76121 76122 76123 76124 76126 76129 76130 76131 76132 76133 76134 76135 76136 76137 76140 76147 76148 76150 76155 76161 76162 76163 76164 76166 76177 76179 76181 76185 76190 76191 76192 76193 76195 76196 76197 76198 76199

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