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Grayson County, TX

RANK #968 / 996  ·  POP 137,008  ·  TX

PROJECTED GROWTH: -3.9%

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

[01] Why Grayson County?

Grayson County, Texas, once known as the "Athens of Texas" for its 19th-century schools, is located in north central Texas, approximately 65 miles north of Dallas. The county's northern border is defined by the Red River and Lake Texoma, a large reservoir offering opportunities for fishing, boating, and water sports. Eisenhower State Park, situated on Lake Texoma, provides hiking and biking trails, along with camping facilities. The area features rolling hills and diverse trees like post oak, bois d'arc, elm, and walnut. Commuting to Dallas is possible, with public transportation provided by Texoma Area Paratransit System (TAPS), which also offers connections to Dallas Area Rapid Transit (DART) services.

Life in Grayson County offers a blend of small-town character and access to larger city amenities. The community is described as welcoming, with towns like Sherman and Denison hosting local festivals and events. Education is a focus, with several school districts known for academic programs and extracurricular activities. Recent economic developments include significant investments in manufacturing, particularly in the semiconductor industry, which is attracting new residents and businesses to the area. This growth is also driving new residential and commercial construction.

[02] Market Snapshot

Housing Ratio
4.3x

Below national median (4.7x)

GDP Growth
+5.7%

Well above national median

Home Prices
-4.7%

Prices declining

Climate & Terrain
0.8

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing is fairly valued at 4.3x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Grayson County U.S. National

The Numbers

DEMOGRAPHICS
Population
137,008
+2.09% YoY
Median Household Income
$66,608
Median Home Value
$206,900
-4.67% 12mo
Median Rent
$1,096
Average Annual Pay
$58,282
+4.5% YoY
Employment
52,026
+1.3% YoY
Income-to-Home-Value
0.3219
More affordable than average
Migration Inflow
6.32%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$305,000
Days on Market
106
Slower market
Months of Supply
7.9
Buyer's market
Sale-to-List Ratio
96.2%
Negotiation room for buyers
Sold Above List
8.9%
Listings w/ Price Drops
27.8%
Building Permits (2024)
2,142
Single-Family Permits
1,368

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

[05] Capital Investment

$42,150M
TOTAL
PROJECT AMOUNT STATUS
Texas Instruments Semiconductor Manufacturing Plant
Texas Instruments
$30,000M Under Construction
Lake Texoma Mixed-Use Development & Margaritaville Resort
Undisclosed
$6,100M Planned
GlobiTech Semiconductor Manufacturing Plant
GlobiTech
$5,000M Under Construction
Platinum Ranch Master-Planned Community
Centurion American Development Group
$1,000M Planned
Dallas North Tollway Extension (Grayson County Tollway)
Texas Department of Transportation (TxDOT)
$50M Proposed

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

[06] Score Breakdown

GDP Growth +5.7% 88 percentile
Population Growth +2.1% 90 percentile
Income Growth +7.3% 22 percentile
Vacancy Rate 1.0% 55 percentile
Home Price Change -4.7% 3 percentile
Rent Growth -1.8% 2 percentile
Price/Rent 12x 66 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Grayson County has a Boom Town Index score of 3/100, ranking #968 among 996 U.S. counties. With job growth at +1.3% and a median household income of $66,608, it faces some economic headwinds compared to faster-growing counties.

Is Grayson County affordable?

The median home value in Grayson County is $206,900 with median rent at $1,096/month. The income-to-home-value ratio is 0.3219, which is more affordable than the national average.

Is Grayson County growing or shrinking?

Population growth: +2.1% year-over-year. Job growth: +1.3%. Home values changed -4.7% in the past 12 months.

Are people moving to Grayson County?

Yes — 6.32% of Grayson County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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