
Living in Fort Worth naturally makes you aware of how the city's economy operates.
Behind the image of tourist attractions lies a solid industrial base. If you only look at the cowboys and Stockyards, you haven't seen half of what this city has to offer.
The most prominent sector is aerospace and defense. American Airlines is headquartered in Fort Worth and ranks 86th on the Fortune 500 list, and Lockheed Martin's Aeronautics headquarters is also located here. The F-35 Lightning II is produced in Fort Worth.
Bell Helicopter is a historic company that has been established in this city since the early 1950s.
When combining the six counties of DFW, over 23,500 people are employed in the aerospace sector alone, with an average salary exceeding $100,000 per year. It's also impressive that there are more than 600 companies focused on aerospace and defense. The claim that this is a major aerospace hub in North America is not just a saying.
The healthcare sector cannot be overlooked either. In Fort Worth, 55,898 people work in the healthcare and social support fields, making it the largest single industry. The annual economic value of the healthcare industry across DFW is approximately $52 billion, accounting for about 15% of the region's overall economic activity.
Large medical institutions like Cook Children's Medical Center, Texas Health Resources, and JPS Health Network are driving both employment and innovation. Energy, financial services, and manufacturing also operate as major clusters.
To summarize with numbers, Fort Worth's employment figure is projected to be 480,000 by 2024, showing a growth of 2.91% compared to 2023. This growth aligns with the overall economic growth of Texas, and the influx of population continues. For those in real estate, this employment indicator is an important signal.
Where there are jobs, people come, and where people come, housing prices are formed.
Fort Worth is still a cowboy city, but it is also a city that builds aircraft, treats patients, and operates airlines.
Seeing the economic structure of this city reminds me once again that the deeper the roots of a tree, the less it sways in a storm.

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