Interested in purchasing investment houses in the 76116 zip code in Fort Worth, TX?
The zip code 76116 is in Tarrant county with a latitude of -97.446370000000 and longitude of 32.721720000000, is in the state of Texas. The average asking price of houses and condos is $255,535.00 and the average sale price was $355,000.00. this regions is classified as the Dallas - Fort Worth metro area and consists of the following area codes: 682 and 817. The location in degrees is 32° 43' 18.192" N, 97° 26' 46.932" W. The county F.I.P.S. is 48439. This zip code contains two cities including Fort Worth, TX (86.09%), and Benbrook, TX (13.01%) The total land area is 12.2 square miles and the water area is 0.0 square miles. The elevation in this area is 614 - 709 feet. The zip code is on central standard time and observes daylight savings time.
The zip 76116 is in county number 439 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 51,056 in 2019 and 46,746 in 2010. Of this, the break down in 2019 was 50,979 urban and 76 rural. This further breaks down to 24,344 males (47.7%) and 26,712 females (52.3%). The median age of residents is 34.9 years. The population of the greater Dallas-Fort Worth-Arlington, TX area is 6,540,927. The population density (people per square mile) is 4,199. This zip code has a combined total of 25,188 houses and condos. There are 13,702 rented appartments. 63% of residents rent versus the 63% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $61,302 and the average salary is $44,894. The median household income of individuals is $44,727.00 and the average is $69,440.00. This zip code has a mean commute time to work of 23.6 minutes. The unemployment rate is 5.8%. Income earners by percent breakdown as 55.10% (Under $50,000), 28.30% ($50,000-$100,000), and 16.50% earn over $100,000. 18.0% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 95.6. The educational breakdown is 86.0% have a high school education or higher, 33.9% have a bachelor's degree or higher, and 11.1% have some kind of profesional degree.
This area has 20,809 households and the average size is 2.4 people. Individuals who are single and have never been married are 37.2%, 40.6% are now married, 2.2% are separated, 6.8% are widowed, and 13.2% are divorced. The average yearly contribution amount given by people to charity was $7,454 versus the state average of $6,808. The percent of residents who gave to charity was 16.7%.
The estimated median value of houses and condos is $219,933. The median monthly owner costs of mortgage holders was $1,702, where as the costs for those who don't have a mortgage are $586. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $3,598. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,390. The median housing property tax percent for residents with mortgages was 1.8% which amounted to an average tax amount of $4,612. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $2,617. Reported taxable interest for persons was $5,547, dividends $10,198, capital gains +$24,051, and itemized deductions $25,839. The average earned income tax credit is $2,473. The percent of individuals that use a tax preparer is 52.9%. The total average income taxes paid by individuals was $7,065. Businesses reported an average profit of $17,334.
Margie's Original Italian Kitchen
9805 Camp Bowie West Blvd, Fort Worth, TX 76116
Thai Rice 'N' Noodle
9094 Camp Bowie West Blvd, Fort Worth, TX 76116
West Side Cafe
7950 Camp Bowie West Blvd, Fort Worth, TX 76116
Silver Fox Steakhouse
1651 S University Dr, Fort Worth, TX 76107 (3.8 miles away)
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