RANK #904 / 1001 NAT · #55 / 72 TX · POP 143,337
1YR FORECAST: -3.0%
5YR OUTLOOK: +18%
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.
Grayson County is one of 76 U.S. counties in this market profile — near the profile average on the BoomTown Index. Within this cohort, its recent home-price change of -4.9% runs below the profile's typical -3.7%.
See all 76 Sun Belt Post-Surge Correction counties →Overvalued relative to economy
Prices declining
Moderate climate & terrain
Below national median (15x)
Housing looks overvalued at 11.1x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.
Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.
Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).
Source: Redfin · Census BPS — Browse sales on Redfin →
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 →
| 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.
Bars show percentile rank among all 1001 counties.
The data is not encouraging — Grayson County scores just 9/100 on the Boom Town Index, ranking #904 of 1001 counties. Job growth at +1.9% and median household income of $72,182 reflect an economy that has been contracting or stagnating relative to the rest of the country.
Housing in Grayson County is roughly in line with national affordability norms. The median home costs $248,400 and the income-to-home-value ratio sits at 0.29, with rents averaging $1,310/month. Not a bargain, but not a stretch for most local earners either.
Grayson County is growing on multiple fronts. Population is up +2.4% year-over-year while employers added jobs at a +1.9% clip. Home values shifted -4.9% in the past year.
In significant numbers — 6.59% of Grayson 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.