Neighborhood Profile

Falcon Ridge

Fort Worth, TX | Tarrant County
Scored premium profile
Best Neighborhoods USA Index
49.1
National rank: #7,934 of 14,967
Stability and Strength
48.5
Score
Value Opportunity
65.7
Score
Momentum
26.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Worth, TX
CountyTarrant County
National rank#7,934 of 14,967
State rank#639 of 1,241
City rank#109 of 203
County rank#114 of 215
National percentile47.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$265,039
Year-over-year home value change-1.1%
Month-over-month home value change-0.38%
Home value to income ratio2.75
Median household income$96,507
Bachelor's degree or higher20.8%
Civilian unemployment rate8.0%
Homeownership rate85.6%
Housing vacancy rate0.6%
Rent burden 30% or higher73.9%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Falcon Ridge

What is the Best Neighborhoods USA ranking for Falcon Ridge?

Falcon Ridge is ranked #109 of 203 eligible neighborhoods in Fort Worth; #639 of 1,241 eligible neighborhoods in TX; and #7,934 of 14,967 eligible neighborhoods in the United States.

Is Falcon Ridge one of the best neighborhoods in Fort Worth?

Falcon Ridge has a Best Neighborhoods USA Index of 49.1 and a city ranking of #109 of 203 eligible neighborhoods in Fort Worth.

How much are homes worth in Falcon Ridge?

The current Zillow Home Value Index for Falcon Ridge is approximately $265,039.

Are home values rising or falling in Falcon Ridge?

Zillow neighborhood values changed -1.1% year over year and -0.38% month over month.

What is the Neighborhood Momentum Score for Falcon Ridge?

Falcon Ridge has a Neighborhood Momentum Score of 26.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Falcon Ridge?

The NDS-derived neighborhood median household income is approximately $96,507.

How affordable is Falcon Ridge relative to household income?

The current Zillow home-value-to-household-income ratio is 2.75. Price-to-income affordability is a major Value Opportunity input.

Is Falcon Ridge primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 85.6%.

What is the unemployment rate in Falcon Ridge?

The NDS-derived civilian unemployment rate is approximately 8.0%.

How educated are residents of Falcon Ridge?

Approximately 20.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Falcon Ridge face high rent burden?

Approximately 73.9% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Falcon Ridge?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications7
Estimated originations4
Home-purchase applications4
Origination rate60.5%
Home-purchase share56.8%
Average application loan$291,455
Total application loan amount$1,983,997
National application rank#13,271 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -24.4% YoY; originations -15.3% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.

Texas Current Housing Market

Current housing market in Falcon Ridge

A current-market snapshot based on active sale listings observed in the certified National Data System Texas housing refresh.

15
Active listings observed
$269,990
Median asking price
$175.33
Median asking price / sq. ft.
61.0
Median days on market
1,528 sq. ft.
Median home size
Observed asking-price range: $74,900 to $335,000 Newest listing observed: 2026-09-15 19:00:00-05:00
How this current-market geography is determined

Coverage basis: Exact Zillow neighborhood polygon matches.

15 exact polygon matches. Exact Zillow polygon membership and supplemental Census Block Group association remain separate in the governed data. Supplemental associations are not represented as exact Zillow polygon membership.

Current listing observations are separate from BestNeighborhoodsUSA rankings and do not change neighborhood scores, ranks, historical Zillow trends, Census measures, or HMDA mortgage intelligence.