88 / 100

Ector County, TX

Odessa

RANK #114 / 996 NAT  ·  #8 / 69 TX  ·  POP 162,300

1YR FORECAST: +5.8%

5YR OUTLOOK: +35%

#25 Most Undervalued #43 Best Rental Yield
Our model projects Ector County's housing market to grow +5.8% over the next year, significantly outpacing the national average.

[01] Why Ector County?

Ector County, in West Texas, is perhaps best known as home to Odessa, its largest city and county seat. The county is located approximately thirty miles southwest of Midland. Commuting within the Odessa area is primarily done by car, though public transit options like EZ-Rider offer fixed routes and commuter services connecting Odessa and Midland. Despite its semiarid climate, the area provides outdoor recreation, including parks with walking trails, playgrounds, and fishing ponds. Notable spots include Memorial Gardens Park and Comanche Trail Park, which offer trails and disc golf. The county also features the Odessa Mountain Bike Park with over 18 miles of trails.

Life in Ector County often revolves around its established communities, with many residents owning their homes. The Ector County Independent School District serves Odessa and surrounding communities like Gardendale and Goldsmith, offering various educational programs including high schools like Odessa High School and Permian High School. The local economy has historically been driven by petroleum production, with the county being a significant oil producer in Texas. More recently, economic development has seen investments in diverse sectors, including large-scale industrial projects, energy initiatives like wind and solar, and the development of data centers. The county is also undertaking significant civic projects, including a downtown overhaul with a new courthouse and library.

[02] Market Snapshot

Housing Ratio
2.1x

Undervalued relative to economy

GDP Growth
+3.0%

Above national median

Home Prices
+5.0%

Outpacing national median

Climate & Terrain
2.5

Moderate climate & terrain

Price/Rent
9x

Strong rental yield

Housing looks undervalued at 2.1x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Ector County Independent School District Education
    2,500+
  2. 2
    Halliburton Energy
  3. 3
    Saulsbury Company Other
    1,000+
  4. 4
    Medical Center Hospital Healthcare
  5. 5
    Keane Group Energy
  6. 6
    City of Odessa Government
    500+
  7. 7
    Odessa Regional Medical Center Healthcare
  8. 8
    Ector County Government
  9. 9
    University of Texas Permian Basin Education
  10. 10
    Weatherford Energy

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Ector County U.S. National

The Numbers

DEMOGRAPHICS
Population
162,300
+0.65% YoY
Median Household Income
$70,566
Median Home Value
$175,600
+5.03% 12mo
Median Rent
$1,232
Average Annual Pay
$75,029
+3.2% YoY
Employment
79,763
+2.4% YoY
Income-to-Home-Value
0.4019
More affordable than average
Migration Inflow
5.26%
of pop. from another state
Bachelor's Degree+
16.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$114,995
Days on Market
72
Slower market
Months of Supply
220.5
Buyer's market
Sale-to-List Ratio
93.0%
Negotiation room for buyers
Listings w/ Price Drops
27.2%
Building Permits (2024)
1,004
Single-Family Permits
1,004

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

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
7.4
per 100K · nat avg 6.3
Firearm Fatalities
15.9
per 100K · nat avg 14.8
Injury Deaths
90.6
per 100K · nat avg 76.3
vs National Average
Above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
35.0
Good
Good Air Days
77%
820 of 1,064 days
Unhealthy+ Days (3yr)
0
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
35
2022
37
2023
33
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$12,908M
TOTAL
PROJECT AMOUNT STATUS
Texas Critical Data Centers (TCDC) Campus
New Era Energy & Digital, Stream Data Centers
$12,000M Under Construction
Solar Farm Portfolio (Oberon, Swift Air I, II, III, Ophelia, M-Bar Solar I)
174 Power Global, Origis Energy USA, Inc., TotalEnergies
$635M Operating/Planned
Ector County Courthouse and Juvenile Detention Center Overhaul
Ector County
$273M Under Construction

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

[08] Score Breakdown

GDP Growth +3.0% 55 percentile
Population Growth +0.7% 59 percentile
Income Growth +8.6% 53 percentile
Vacancy Rate 1.2% 39 percentile
Home Price Change +5.0% 90 percentile
Rent Growth +0.3% 13 percentile
Price/Rent 9x 96 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Ector County ranks #114 out of 996 U.S. counties on the Boom Town Index with a score of 88/100, putting it in the top tier nationally. Job growth of +2.4% and a median household income of $70,566 point to a county with active economic momentum.

Is Ector County affordable?

By national standards, Ector County is quite affordable. Homes here have a median value of $175,600, and the income-to-home-value ratio of 0.40 is well above the U.S. average — especially with median rent at just $1,232/month. Residents can generally buy a home without being cost-burdened.

Is Ector County growing or shrinking?

Ector County is growing on multiple fronts. Population is up +0.7% year-over-year while employers added jobs at a +2.4% clip — and home values reflect that momentum, rising +5.0% over the past 12 months.

Are people moving to Ector County?

In significant numbers — 5.26% of Ector County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

How is the housing market in Ector County?

Home values climbed +5.0% year-over-year, which is a solid pace of appreciation. The median home in Ector County is now valued at $175,600. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[10] Similar Counties by Size & Score

Anderson County, TX 89 Taylor County, TX 90 Tom Green County, TX 86 Bowie County, TX 92 Rusk County, TX 84 Harrison County, TX 82 St. Clair County, MI 88 Wyandotte County, KS 88