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Investing In Fort Worth, Tx

By: Will Barnard
Submitted: 09:26AM on Saturday 06 September 2008

High population growth
• Dallas/Fort Worth's population has grown at more than twice the national rate for 13 consecutive years. The metroplex had the number one population growth of all major US metropolitan cities in 2006, 2007, and is on pace to be #1 again in 2008!

Heavy concentration of headquarters
• The Metroplex is home to 24 Fortune 500 companies and many regional headquarters.Productivity
• Dallas/Fort Worth comprises 27 percent of the state's labor force, 28 percent of total wages and 33 percent of total GDP.

High median household income
• The median household income in Dallas/Fort Worth is 7 percent higher than the United States' median.

Geography
• Dallas/Fort Worth is ranked in the top five for the most undervalued real estate in the country.
• The Barnet Shale, located within the Metroplex, is the most active natural gas field in North America, and will be a large source of population and job growth for the next 50 years. This is exciting news for investors as more and more people come to live and work in this area.
• The metroplex offers residents an unparalleled lifestyle at a reasonable cost. The region continually ranks high as an affordable metro area, especially when compared to other large MSAs. With a cost of living index of 95.2, the metroplex's nearest competitor is Chicago, nearly 25 points higher.

Economy
• The rise of telecommunications and high-tech companies in the 1990s led to unprecedented economic growth. The Dallas/Fort Worth metroplex contains 45 percent of the high-tech talent in Texas, making it the largest labor pool for the state.
• Dallas/Fort Worth’s central location in the burgeoning Southwest allows the metro area to be the preeminent distribution hub for the region. The trade and transportation industries support more than one-fifth of the employment base and infuse billions of dollars into the local economy.

Labor
• Dallas/Fort Worth is one of the nation’s largest employment markets. At more than 3 million, its labor force is the fourth largest in the nation, behind Los Angeles, Chicago and New York. The region is forecast to add more than 200,000 jobs through the end of the decade. Employment growth can be attributed to the Metroplex’s business community evolution and migration of both businesses and employees.