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Hood County, TX

RANK #860 / 996  ·  POP 62,459  ·  TX

PROJECTED GROWTH: -1.1%

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

[01] Why Hood County?

Lake Granbury, an 8,700-acre reservoir on the Brazos River, defines much of Hood County, Texas, offering residents and visitors opportunities for boating, fishing, and swimming. Granbury, the county seat, is located about 41 miles southwest of Fort Worth, with a typical commute to downtown Fort Worth taking around 45 minutes via US-377. The community maintains a small-town feel, particularly around the historic Granbury Square, which features preserved 19th-century buildings, shops, and restaurants. Beyond the lake, outdoor recreation includes hiking and biking trails at the Acton Nature Center.

Hood County attracts a mix of families seeking smaller school communities and retirees drawn to the lakeside lifestyle and community events. The local economy, while historically rooted in agriculture, is experiencing a shift. Recent developments include significant investment in data centers and energy infrastructure, with several such projects proposed or underway. These industrial projects are influencing the county's economic landscape and prompting discussions about growth and resource management. The county is served by school districts including Granbury ISD, Lipan ISD, and Tolar ISD.

[02] Market Snapshot

Housing Ratio
5.6x

Above national median (4.7x)

GDP Growth
+2.5%

Below national median

Home Prices
+0.4%

Well below national median

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing is fairly valued at 5.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Hood County U.S. National

The Numbers

DEMOGRAPHICS
Population
62,459
+3.2% YoY
Median Household Income
$80,013
Median Home Value
$249,400
+0.38% 12mo
Median Rent
$1,255
Average Annual Pay
$51,551
+3.8% YoY
Employment
18,544
+2.8% YoY
Income-to-Home-Value
0.3208
More affordable than average
Migration Inflow
5.83%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$337,250
Days on Market
113
Slower market
Months of Supply
8.5
Buyer's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
16.4%
Listings w/ Price Drops
26.6%
Building Permits (2024)
141
Single-Family Permits
141

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

[05] Capital Investment

$4,546M
TOTAL
PROJECT AMOUNT STATUS
NRG Tolar Power Center (Natural Gas Plant)
NRG
$2,000M Proposed
MARA Granbury Digital Asset Data Center
MARA
$1,200M Operating
Comanche Circle Project (Data Center Campus)
Sailfish
$500M Proposed
Fort Spunky Data Center and Power Plant
Pacifico Energy
$500M Proposed
Rain Lily Solar and Storage Project
EE North America
$191M Planned
Apache Hill Energy Centre (Battery Energy Storage System)
Vitis Energy
$155M Under Construction

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

[06] Score Breakdown

GDP Growth +2.5% 47 percentile
Population Growth +3.2% 96 percentile
Income Growth +5.5% 5 percentile
Vacancy Rate 1.7% 17 percentile
Home Price Change +0.4% 36 percentile
Rent Growth +1.6% 28 percentile
Price/Rent 12x 61 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Hood County has a Boom Town Index score of 14/100, ranking #860 among 996 U.S. counties. With job growth at +2.8% and a median household income of $80,013, it faces some economic headwinds compared to faster-growing counties.

Is Hood County affordable?

The median home value in Hood County is $249,400 with median rent at $1,255/month. The income-to-home-value ratio is 0.3208, which is more affordable than the national average.

Is Hood County growing or shrinking?

Population growth: +3.2% year-over-year. Job growth: +2.8%. Home values changed +0.4% in the past 12 months.

Are people moving to Hood County?

Yes — 5.83% of Hood 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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