If you’re looking for a new place to live, the Dallas-Fort Worth (DFW) metropolitan area of Texas is one of the hottest locations for residential living and investments. Known as the biggest metropolis in the South, there is something for everyone to enjoy. From exciting nightlife to amazing restaurants, the Dallas-Fort Worth area also claims the best shopping and champion sports teams, just to name a few advantages! Let’s take a look at five reasons why you need to move to DFW.
There is currently a great housing market and cost of living. .
Out of 125 metro areas, Dallas-Fort Worth ranked 21st in best places to live, 2nd in best places to live in Texas, 23rd in fastest-growing places, and 10th in best places to retire. Out of the two major cities, it is slightly cheaper to live in Fort Worth than in Dallas. The cost of living in Fort Worth is currently 21% lower than the national average. The metro area has plenty of land availability and new growth with interest rates well below average. According to Zillow, the median home price is just over $212,000. Many new developments are being built all around Dallas and Fort Worth. Builders are having a tough time keeping up with demand.
You may also consider transportation costs, which are much lower than in many other metro areas. The Texas oil industry keeps gas prices at a lower rate compared to the national average. Both Dallas and Fort Worth are great places to live. DFW communities are growing and thriving with the demand for homes that offer plenty of space for a home office and social distancing.
The economy is still thriving..
The Dallas-Fort Worth area is home to at least twenty of the top Fortune 500 companies. It is also home to five Global Fortune 500 companies. The Dallas-Fort Worth metroplex ranks among the top five in the nation for its abundance of Fortune 500 company headquarters. This area is known to be a major trade center, distribution hub, and telecommunications center. The Dallas/Fort Worth International Airport is the fourth largest airport in the world! Almost 60,000 people are employed by this airport. Fort Worth alone houses more than 80,000 businesses. Some of the best companies to work for in Fort Worth are American Airlines, AT&T, Exxon Mobil, Lockheed Martin, GE, and BNSF Railway. The annual employment growth rate is a whopping 3.0% compared to the national average of 1.6%.
There are plenty of outstanding schools to choose from..
- Public schools are plenty in both Dallas and Fort Worth. The Fort Worth Independent School District contains 139 schools for grades K-12. Check out this map of Tarrant County School Districts in Fort Worth. And if Dallas is where you will be living, it’s important to note that Dallas area public schools made the smartest list!
- Private schools are often another great consideration if you are thinking of moving to DFW. Dallas has 113 top private schools to choose from and there are more than 60 top private schools in Fort Worth. Several outstanding Colleges and Universities are also within driving distance to DFW if you want in-state education.
The weather is full of sunshine and warm tropical temperatures..
DFW averages 229 sunny days and almost 2800 hours of sunshine annually. Summer tends to be hot with an average high temperature of 95°F (35°C) at the peak of July. Winter is usually shorter and very mild, with an average low temperature of 34°F in the coldest month of January. Daytime in the winter is usually a mild range of 54°F to 60°F. Snow accumulation is rare, and very few nights do the temperatures drop below freezing.
You can live in the “Cultural Capital of the Southwest”. .
Fort Worth is home to the world-renowned Cultural District. Famously known as “Where the West Begins”, you can see the beautifully preserved Old West at the Stockyards National Historic District and Sundance Square. You’ll also find five world-class museums displaying some of the most important works of art of the 20th century. For music and theater lovers, there are theater programs, a world-class symphony, opera, and ballet.
With all of these fantastic reasons, you are probably ready to move to the Dallas Fort-Worth metroplex right now! Contact us at Torelli Properties to start your search today!
Contributing Author: Melissa Momcilovich
Sources: destinationdfw.com, forbes.com.