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Potter County, TX

RANK #212 / 1001 NAT  ·  #8 / 72 TX  ·  POP 115,975

1YR FORECAST: +0.6%

5YR OUTLOOK: +33%

#2 Most Undervalued
Our model projects above-average housing market growth for Potter County at +0.6% over the next year.

[01] Why Potter County?

Potter County, Texas, is defined by its High Plains landscape and the city of Amarillo, its county seat and largest population center. Located in the Texas Panhandle, about 110 miles north of Lubbock, the county offers a blend of urban amenities and natural scenery. Lake Meredith, formed by a dam on the Canadian River, extends into the northwestern part of the county, providing water recreation. The Alibates Flint Quarries National Monument, with evidence of human activity dating back 13,000 years, offers a glimpse into prehistoric life. Outdoor enthusiasts can also explore Wildcat Bluff Nature Center for hiking and wildlife viewing. The average commute time in Amarillo is 17.7 minutes, shorter than the national average.

Life in Potter County is characterized by a strong sense of community and a generally conservative outlook. Public schools in the county are highly rated, including Woodlands Elementary School and Belmar Elementary School. The economy is diverse, with manufacturing, gas production, petrochemicals, and agriculture playing significant roles. Amarillo serves as a transportation and distribution hub for West Texas. Recent economic developments include investments in commercial and residential construction, as well as the emergence of data centers, though these have raised questions about water usage and electricity rates.

MARKET PROFILE

Affordable Slow Markets

Potter County is one of 75 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of +2.5% runs above the profile's typical +0.8%.

See all 75 Affordable Slow Markets counties →

[02] Market Snapshot

Housing Ratio
3.5x

Undervalued relative to economy

Home Prices
+2.5%

Outpacing national median

Climate & Terrain
2.6

Moderate climate & terrain

Price/Rent
12x

Below national median (15x)

Housing looks undervalued at 3.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Amarillo Independent School District Education
    2,500+
  2. 2
    Tyson Foods Manufacturing
  3. 3
    BSA Health System Healthcare
  4. 4
    BWXT Pantex (Pantex Plant) Government
  5. 5
    City of Amarillo Government
    1,000+
  6. 6
    Amarillo College Education
  7. 7
    Bell Helicopter Manufacturing
  8. 8
    Northwest Texas Healthcare System Healthcare
  9. 9
    Affiliated Foods Logistics
  10. 10
    Xcel Energy Energy

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

[04] Home Value Growth vs National

Potter County U.S. National

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).

The Numbers

DEMOGRAPHICS
Population
115,975
-0.57% YoY
Median Household Income
$53,249
Median Home Value
$147,300
+2.52% 12mo
Median Rent
$1,022
Average Annual Pay
$61,479
+2.8% YoY
Employment
78,744
+1.2% YoY
Income-to-Home-Value
0.3615
More affordable than average
Migration Inflow
5.87%
of pop. from another state
Bachelor's Degree+
18.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$220,000
Days on Market
74
Slower market
Months of Supply
3.4
Balanced market
Sale-to-List Ratio
100.0%
Near asking price
Sold Above List
1.0%
Listings w/ Price Drops
25.5%
Building Permits (2025)
865
Single-Family Permits
529

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
12.2
per 100K · nat avg 6.3
Firearm Fatalities
24.1
per 100K · nat avg 14.8
Injury Deaths
105.3
per 100K · nat avg 76.3
vs National Average
Well above 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)
29.3
Good
Good Air Days
86%
923 of 1,073 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
31
2022
31
2023
26
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

$12,650M
TOTAL
PROJECT AMOUNT STATUS
Fermi America Advanced Energy and Intelligence Campus
Fermi America and Texas Tech University System
$10,000M Proposed
Yellow Rose Solar Farm
Orion Renewal Energy Group
$1,500M Planned
Onida 2 Solar Project
Xcel Energy (Southwestern Public Service Company)
$600M Proposed
Rock Ridge Residential Development
Llano Real Estate
$500M Planned
Duos Edge AI Data Centers (2 facilities)
Duos Edge AI
$50M Under Construction

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

[08] Score Breakdown

Population Growth -0.6% 5 percentile
Income Growth +5.5% 94 percentile
Home Price Change +2.5% 62 percentile
Rent Growth +2.6% 44 percentile
Price/Rent 12x 85 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 79/100, Potter County sits in the upper half of all 1001 ranked counties. Employment is expanding at +1.2%, and median household income stands at $53,249 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in TX.

Is Potter County affordable?

By national standards, Potter County is quite affordable. Homes here have a median value of $147,300, and the income-to-home-value ratio of 0.36 is well above the U.S. average — especially with median rent at just $1,022/month. Residents can generally buy a home without being cost-burdened.

Is Potter County growing or shrinking?

It's a mixed picture in Potter County. The population is declining (-0.6% YoY), but employers are actually hiring — job growth is at +1.2%. Home values moved +2.5% in the last year. That tension between shrinking population and expanding employment often signals a county in transition.

Are people moving to Potter County?

In significant numbers — 5.87% of Potter 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

Jefferson County, TX 79 Van Zandt County, TX 77 Lamar County, TX 83 Cameron County, TX 71 Navarro County, TX 70 Victoria County, TX 70 Calhoun County, AL 79 Jasper County, MO 79