City of Fort Worth

City of Fort Worth

Fort Worth is often considered Dallas’ kid sister, but the city is actually noteworthy in and of itself. With a civic personality that combines artistic culture with a bit of Texas cowboy, Fort Worth is a popular destination for people seeking a pleasant place to live and work.

Fort Worth, which is today the country’s 17th largest city, was settled in 1849 as an army outpost along the Trinity River. Named after Texas army commander Major General Williams Jenkins Worth, the city became an important stop along the Chisholm Trail, which was used in the 19th century to drive cattle from Texas to Kansas. In fact, Fort Worth’s nickname—Cowtown—comes from its location on the Trail. Today, the world’s only twice-daily cattle drive happens in Fort Worth’s Stockyards National Historic District. Fort Worth is also home to the oldest stock show and rodeo in the country, the Southwestern Exposition and Livestock Show.

Fort Worth

Business Climate

From the beginning, Fort Worth has always been a successful city for business, first with the livestock industry and then with oil. Today, some well-known companies call Fort Worth home, including American Airlines, Lockheed-Martin Aeronautics Co., Pier 1 Imports, Alcon Industries, D.R. Horton and BNSF Railway. American Airlines, which became the world’s largest airline after merging with US Airways in 2013, is Fort Worth’s largest employer.

A major contributor to Fort Worth’s explosive growth and recognition is the city’s central location in the U.S. and a convenient transportation infrastructure that includes four area airports: Dallas-Fort Worth International Airport—American’s primary hub—Meacham, Alliance and Spinks. In addition, the U.S. Bureau of Engraving and Printing Western Currency Facility in Fort Worth prints 60 percent of America’s paper money.

Thanks to a tax structure that’s kept at a minimum—there’s no Texas state corporate income tax—Fort Worth’s business climate is designed for prosperity. From commercial real estate to high tech startups, from health care to retail, businesses in Fort Worth are thriving. Together, these and other enterprises from a range of industries create a vigorous economy that is positioned for strength and growth.

  • American Airlines
  • Lockheed Martin
  • Alcon
  • BNSF

Fort Worth Living

In addition to not having any state corporate income tax, there’s no local income tax in Fort Worth, so people have more disposable income to recycle back into the area’s vibrant economy. Housing is affordable, schools are excellently rated, there are a number of options for higher education, and job growth is robust.

Arts and Culture

Fort Worth has five main entertainment districts that are all located within three miles of each other.

Sundance Square is a 35-block entertainment district that features entertainment and shopping, as well as live theater and the Main Street Arts Festival. The 55,000-square foot Sundance Square Plaza is a European style plaza with a permanent stage, restaurants, bars, stores and more.

Stockyards National Historic District is the place to see sites from the Old West, Texas-themed shopping and food, a year-round competitive rodeo, Billy Bob’s Texas—the world’s largest honky-tonk—and the Texas Cowboy Hall of Fame. Locals and tourists shop here for custom steamed cowboy hats, handmade cowboy boots, and other Western gear.

Fort Worth’s Cultural District is located a few miles west of downtown and features five internationally recognized museums, including:

  • The Kimbell Art Museum
  • The Modern Art Museum of Fort Worth,
  • The Amon Carter Museum of American Art
  • The National Cowgirl Museum and Hall of Fame
  • The Fort Worth Museum of Science and History

Art lovers from around the world know Fort Worth for this exceptional group of museums, which are recognized for their quality collections, architectural design and programs.

West 7th District is an urban development that joins downtown, the Will Rogers Memorial Center and the Cultural District. Designed for pedestrians, this district offers trendy cuisine, boutique shopping and lively nightlife.

Near Southside/Magnolia, located just south of downtown Fort Worth is known for its historic architecture, numerous restaurants, art galleries and music bars. A working brewery and whiskey distillery offer guided tours, too.

Sports

Most notable in the Fort Worth sports scene is the Texas Motor Speedway. With seating for more than 190,000 spectators, it has the second largest capacity for a NASCAR track. College sports fans cheer the Horned Frogs of Texas Christian University; baseball fans can catch a Texas Rangers game at Globe Life Park in nearby Arlington, TX, and Trinity Trails offers runners, walkers and bikers a scenic path that weaves through a number of Fort Worth’s neighborhoods.

Geography and Temperature

According to City-Data.com, Fort Worth is located in the rolling hills of the Great Plains region of north-central Texas. The Clear and West forks of the Trinity River join near the center of Fort Worth, and Lake Worth, Eagle Mountain Lake, Benbrook, and Arlington Lakes form parts of its northwest and southern borders.

Fort Worth’s climate is humid subtropical with long, hot summers, and short, mild winters. Within a 100-mile radius of Fort Worth, there are more than 60 lakes—the area has a high concentration of man-made lakes—and over 50,000 acres of public parkland. The rainy season falls in April and May, and July and August are the driest summer months.

All information provided herein is for informational purposes only and should not be relied upon to make an investment decision. Past performance results relate to the time periods indicated and are not an indication of future performance. This information is neither an offer to sell nor a solicitation of any offer to buy any securities, investment products or investment advisory services.