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Bell County, TX

RANK #953 / 996  ·  POP 372,821  ·  TX

PROJECTED GROWTH: -3.0%

Bell County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Bell County?

Bell County, Texas, is characterized by its blend of small-town atmosphere and access to larger city amenities. Belton, the county seat, offers a historic downtown square and is home to the University of Mary Hardin-Baylor. The county is situated in Central Texas, approximately an hour north of Austin and 30-40 minutes south of Waco, making commutes to these cities feasible. Outdoor recreation is a significant draw, with Belton Lake and Stillhouse Hollow Lake providing opportunities for boating, fishing, and swimming. Numerous parks, like Miller Spring Park and Chalk Ridge Falls, offer trails for hiking and biking, along with scenic views.

Life in Bell County attracts a mix of families, professionals, and military personnel due to its affordability and community focus. The presence of Fort Cavazos (formerly Fort Hood) significantly influences the local population and economy. The economy is diversified, with growth in healthcare, education, and emerging technology sectors. Temple, for instance, is recognized as a medical hub with major healthcare institutions. Manufacturing and distribution also contribute to the economic landscape, benefiting from the county's location along I-35.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
+4.5%

Well above national median

Home Prices
-1.6%

Prices declining

Climate & Terrain
1.3

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing looks undervalued at 3.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Bell County U.S. National

The Numbers

DEMOGRAPHICS
Population
372,821
+2.23% YoY
Median Household Income
$62,858
Median Home Value
$196,300
-1.56% 12mo
Median Rent
$1,095
Average Annual Pay
$62,107
+5.5% YoY
Employment
129,627
+1.1% YoY
Income-to-Home-Value
0.3202
More affordable than average
Migration Inflow
4.64%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$272,000
Days on Market
98
Slower market
Months of Supply
7.0
Buyer's market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
17.9%
Listings w/ Price Drops
23.0%
Building Permits (2024)
3,243
Single-Family Permits
2,655

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$2,862M
TOTAL
PROJECT AMOUNT STATUS
Bell County East to Big Hill 765 kV Transmission Line Project
Oncor Electric Delivery and LCRA Transmission Services
$1,900M Proposed
Rowan Digital Infrastructure Data Center Campus
Rowan Digital Infrastructure
$700M Under Construction
Five Wells Solar Center - Hybrid (Battery Storage)
Five Wells Solar Center, LLC
$262M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +4.5% 78 percentile
Population Growth +2.2% 91 percentile
Income Growth +8.5% 50 percentile
Vacancy Rate 1.7% 14 percentile
Home Price Change -1.6% 18 percentile
Rent Growth -0.2% 10 percentile
Price/Rent 12x 65 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Bell County, TX a good place to move to?

Bell County has a Boom Town Index score of 4/100, ranking #953 among 996 U.S. counties. With job growth at +1.1% and a median household income of $62,858, it faces some economic headwinds compared to faster-growing counties.

Is Bell County affordable?

The median home value in Bell County is $196,300 with median rent at $1,095/month. The income-to-home-value ratio is 0.3202, which is more affordable than the national average.

Is Bell County growing or shrinking?

Population growth: +2.2% year-over-year. Job growth: +1.1%. Home values changed -1.6% in the past 12 months.

Are people moving to Bell County?

Yes — 4.64% of Bell County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Johnson County, TX 14 Solano County, CA 14 Baltimore County, MD 14 Highlands County, FL 14 Camden County, GA 14 Rapides Parish, LA 14 Maury County, TN 14 Lea County, NM 14