Quick facts: Haltom city, TX

Quick Facts

99.5
Cost of Living
below US average
45,525
Population
11.82
Crime Rate per 1000
below US average
$57,649
Median Income
below US average
$254,900
Median House Price
above US average
$1738.13
Average Rent
above US average
12%
Poverty Rate
above US average
4.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $57,649.

🏠

Income Needed to Buy

βœ— Stretch
$80k/year
Based on $254,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $80k vs median $57,649
🏒

Income Needed to Rent

⚠ Stretch
$74k/year
Based on $1738.13/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $74k vs median $57,649
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Haltom city, TX

Haltom City is a vibrant suburb located in Tarrant County, Texas, directly adjacent to Fort Worth. With a population of over 40,000, it offers a diverse community and a mix of urban and suburban living. The city is known for its family-friendly atmosphere, abundant parks, and recreational facilities, making it an attractive place for families and outdoor enthusiasts. Haltom City boasts a rich history, having been incorporated in 1969, and retains a small-town feel while providing easy access to the metropolitan amenities of Fort Worth and Dallas. Residents enjoy various dining, shopping, and entertainment options, including local eateries and chain retail stores. The city's parks, such as the popular Haltom City Community Park, offer playgrounds, sports fields, and picnic areas, fostering a sense of community and outdoor activities. Furthermore, Haltom City is served by several school districts, enhancing educational opportunities for families. Overall, Haltom City is an appealing location for those seeking a suburban lifestyle with the convenience of nearby urban attractions, making it an ideal place to call home in North Texas.

πŸ” Search & Compare Places

First Location πŸ“