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Parker County, TX

RANK #742 / 996  ·  POP 151,188  ·  TX

PROJECTED GROWTH: -0.2%

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

[01] Why Parker County?

Parker County, Texas, is often recognized for Weatherford, its county seat, known as the "Peach Capital of Texas" and the "Cutting Horse Capital of the World." Located about 30 miles west of Fort Worth, the county offers a blend of small-town atmosphere and access to urban amenities. The landscape features rolling hills, open spaces, and trees like mesquite, oak, walnut, and pecan, particularly along streams and valleys. Outdoor recreation is available at Lake Weatherford for boating and fishing, and Lake Mineral Wells State Park for hiking and camping. The county also has parks like Holland Lake Park and Soldier Spring Park, offering trails and green spaces.

Life in Parker County appeals to families seeking a quieter lifestyle with highly-rated public schools, including districts like Aledo, Weatherford, and Brock ISDs. The community maintains a strong sense of local pride, with events such as the Parker County Peach Festival and various rodeos. The economy is experiencing growth, driven by residential and commercial development, with new communities emerging. Infrastructure investments, including transportation improvements, support this expansion. Agriculture, particularly livestock, dairy, and peaches, remains a component of the local economy.

[02] Market Snapshot

Housing Ratio
8.1x

Overvalued relative to economy

GDP Growth
+5.2%

Well above national median

Home Prices
-0.8%

Prices declining

Climate & Terrain
0.1

Moderate climate & terrain

Price/Rent
16x

Above national median (13x)

Housing looks overvalued at 8.1x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Parker County U.S. National

The Numbers

DEMOGRAPHICS
Population
151,188
+4.41% YoY
Median Household Income
$95,721
Median Home Value
$311,000
-0.77% 12mo
Median Rent
$1,291
Average Annual Pay
$56,835
+2.6% YoY
Employment
41,507
+2.8% YoY
Income-to-Home-Value
0.3078
More affordable than average
Migration Inflow
5.49%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$467,450
Days on Market
116
Slower market
Months of Supply
5.5
Buyer's market
Sale-to-List Ratio
98.2%
Near asking price
Sold Above List
13.6%
Listings w/ Price Drops
25.5%
Building Permits (2024)
439
Single-Family Permits
439

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

[05] Capital Investment

$5,002M
TOTAL
PROJECT AMOUNT STATUS
Parker County Transportation Bond Projects
Parker County
$2,000M Under Construction
Nabla Energy Storage I
$750M Planned
Nabla Energy Storage II
$750M Planned
Gigawatt Solar
$502M Planned
Walsh Ranch Master-Planned Community
Walsh Companies
$500M Under Construction
Veale Ranch Master-Planned Community
$500M Under Construction

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

[06] Score Breakdown

GDP Growth +5.2% 85 percentile
Population Growth +4.4% 99 percentile
Income Growth +8.1% 39 percentile
Vacancy Rate 1.1% 45 percentile
Home Price Change -0.8% 23 percentile
Rent Growth +1.1% 21 percentile
Price/Rent 16x 29 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Parker County has a Boom Town Index score of 26/100, ranking #742 among 996 U.S. counties. With job growth at +2.8% and a median household income of $95,721, it faces some economic headwinds compared to faster-growing counties.

Is Parker County affordable?

The median home value in Parker County is $311,000 with median rent at $1,291/month. The income-to-home-value ratio is 0.3078, which is more affordable than the national average.

Is Parker County growing or shrinking?

Population growth: +4.4% year-over-year. Job growth: +2.8%. Home values changed -0.8% in the past 12 months.

Are people moving to Parker County?

Yes — 5.49% of Parker County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Crawford County, PA 36 Mobile County, AL 36 St. Mary's County, MD 36 Hanover County, VA 36 Bernalillo County, NM 36 Fayette County, PA 36 San Luis Obispo County, CA 36 Franklin County, MA 36