Discover Affordable Living in Dallas Texas - Living in Forney Texas!
Where is Forney Texas?
Forney, Texas is located just outside of the Dallas metro area, approximately 22 miles east of Dallas. It is situated in Kaufman County. While it has limited highway access, with Highway 80 running through the city, it is still relatively close to major areas such as downtown Dallas, Arlington (home of the Texas Rangers and Dallas Cowboys), and Fort Worth. The city is also near Lake Ray Hubbard, offering recreational opportunities. Forney has experienced significant population growth in recent years and has a population of around 35,000 people as of 2023. The city has a rural feel and a historic downtown area that has been revitalized. The commute from Forney to other areas can be a factor to consider, as it may involve significant drive time. However, Forney offers amenities such as schools, retail stores, restaurants, and parks, making it a convenient place to live.
Demographics of Forney Texas!
In terms of demographics, Forney Texas has a relatively young population, with a median age of around 31 years old. The city has a high homeownership rate of 78%, indicating a strong sense of community and stability. English is the predominant language spoken, with approximately 89% of residents speaking only English. Spanish is the most commonly spoken non-English language, representing about 9% of the population. We also noted that the country of origin makeup in Forney, 96% of Forney residents were born here in the United States with 77% being more here in the state of Texas and about 2.5% of the residents are not U.S citizens with the largest portion being from Latin America with those being 81% according to the US Census.
Cost of Living in Forney Texas!
Forney Texas residents have a median household income of nearly $94,000 per year, which is higher than the national average. The cost of living in Forney TX is about 7% higher than the national average, but still more affordable compared to cities like Los Angeles. The city's economy is diverse, with key industries including healthcare, retail, and education. Forney TX is home to a number of companies within these sectors, offering employment opportunities for residents.
Political Leanings of Forney Texas
When it comes to political leanings, Forney and the surrounding Kaufman County are considered conservative. In the 2020 elections, the area voted heavily for Donald Trump, reflecting its conservative inclinations.
Crime Rates in Forney Texas
Forney's crime rates are relatively low compared to both Dallas and the national average. According to various sources, the city has received positive ratings for its safety, with low rates of both violent crimes and property crimes. Forney fares relatively well. Crime rates are lower compared to Dallas, with ratings of 11.1 for violent crimes and 25.6 for property crimes from neighborhoodscout which is on a scale of 1 to 100, with 1 being the safest.
Schools in Forney Texas
For families considering a move to Forney, the city's school system is an important factor. The Forney Independent School District (ISD) serves approximately 13,000 students across its two high schools, four middle schools, and seven elementary schools. The Forney ISD has received an overall rating of A- from Niche.com, with particular strengths in categories such as academics, diversity, and being a good place for families.
Real Estate in Forney Texas!
Affordable Pricing and Growth:
One of the standout features of Forney's real estate market is its affordability. With a median sales price of around $356,000, Forney falls just below the median sales price for the entire MLS and the DFW metro area. This affordability has contributed to the city's rapid growth, attracting buyers who are looking for more value for their investments. The price point in Forney has allowed many individuals and families to achieve homeownership dreams without breaking the bank.
Market Performance:
Forney's real estate market boasts an impressive performance, with homes selling at around 96.8% of the original list price. While the days on the market tend to be slightly longer compared to the rest of the MLS, it signifies the demand for properties in this thriving city. Buyers and sellers can take advantage of this market dynamic, and with the right timing and approach, secure a great deal.
Rental Opportunities:
For those who prefer to rent, Forney offers a range of options to suit different budgets. In the past 90 days, the median rental price for a single-family home in Forney was approximately $2,200 per month. Rental prices can vary, starting from $1,500 and going up to $4,100 per month. It's important to note that rental prices are subject to change, so it's advisable to reach out for the most up-to-date information.
Popular Neighborhoods:
Within Forney, there are a couple of noteworthy neighborhoods that have gained popularity among homebuyers. Travis Ranch, located in the north section of Forney, offers a mix of new construction and resale homes. The homes in Travis Ranch range in size from approximately 1,200 square feet to 3,300 square feet, with prices ranging from the mid $200,000s to the mid $500,000s. This neighborhood presents an excellent opportunity for those seeking an affordable community with diverse housing options.
Another desirable neighborhood in Forney is Fox Hollow. With slightly larger homes and higher price ranges, Fox Hollow appeals to buyers looking for a step up in size and luxury. Home sizes in Fox Hollow range from around 2,000 square feet to a spacious 4,600 square feet, with prices varying from the mid $300,000s to nearly $800,000. This neighborhood caters to those seeking a more upscale living experience.
Luxury Living:
For those in search of luxury living, Forney offers multi-million dollar homes situated on picturesque lands. These extraordinary properties can reach values as high as $5.5 million, providing a rare opportunity for those who desire an exquisite and exclusive lifestyle.
Forney has emerged as a thriving and affordable real estate gem in the DFW metro area. With its below-median sales prices, attractive market performance, and a range of neighborhoods to suit different preferences and budgets, Forney has captured the attention of homebuyers and renters alike. Whether you're looking for a starter home, an upgrade, or a touch of luxury, Forney presents an array of options to make your real estate dreams come true. Keep in mind that market conditions may change, so it's always a good idea to reach out for the latest information when exploring the dynamic real estate scene in Forney.
Sources:
Niche.com, Neighborhoodscout.com, datausa.io, bestplaces.net
