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Parker County, TX

Springtown-Reno

RANK #761 / 996 NAT  ·  #39 / 69 TX  ·  POP 151,188

1YR FORECAST: -0.1%

5YR OUTLOOK: +17%

#7 Fastest Growing
Our model projects Parker County's housing market at -0.1% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    Parker County Government Government
    250+
  2. 2
    Weatherford ISD Education
  3. 3
    Texas Health Resources Healthcare
  4. 4
    Weatherford College Education
  5. 5
    City of Weatherford Government
  6. 6
    Bell Textron Manufacturing
  7. 7
    Nextlink Internet Technology
  8. 8
    Wagners Manufacturing

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

[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
Bachelor's Degree+
30.9%
of residents (national avg: 33%)

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] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.3
per 100K · nat avg 6.3
Firearm Fatalities
14.1
per 100K · nat avg 14.8
Injury Deaths
72.3
per 100K · nat avg 76.3
vs National Average
Well below 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)
38.3
Good
Good Air Days
84%
903 of 1,070 days
Unhealthy+ Days (3yr)
22
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
36
2022
40
2023
39
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

$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.

[08] 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.

[09] Frequently Asked Questions

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

At 23/100, Parker County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $95,721 combined with job growth of +2.8% suggests the local economy is struggling to keep pace with national trends.

Is Parker County affordable?

Housing in Parker County is roughly in line with national affordability norms. The median home costs $311,000 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,291/month. Not a bargain, but not a stretch for most local earners either.

Is Parker County growing or shrinking?

Parker County is growing on multiple fronts. Population is up +4.4% year-over-year while employers added jobs at a +2.8% clip. Home values shifted -0.8% in the past year.

Are people moving to Parker County?

In significant numbers — 5.49% of Parker 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.

[10] Similar Counties by Size & Score

Brazos County, TX 25 Guadalupe County, TX 26 Montgomery County, TX 20 Brazoria County, TX 20 Wilson County, TX 27 Maverick County, TX 19 Monroe County, IN 23 Berkshire County, MA 24