Fort Worth surpasses Austin as Texas' fastest-growing city with rising housing costs

Fort Worth is experiencing rapid growth, nearing a population of 1 million and surpassing Austin as Texas' fourth-largest city. The city added nearly 71,000 residents from 2020 to 2024, driven by job growth and its appealing lifestyle. Housing costs in Fort Worth have risen significantly, with rents now higher than in Austin. The typical home price reached $340,000, a 48% increase since 2019. Despite this, Fort Worth remains more affordable than many major U.S. cities. The Fort Worth-Arlington region added over 95,000 jobs in three years, bolstered by its aerospace and defense industries. Local universities are expanding, aiming to provide a skilled workforce to support continued economic growth.