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Potter County, TX

Amarillo

RANK #183 / 996 NAT  ·  #12 / 69 TX  ·  POP 117,905

1YR FORECAST: +2.4%

5YR OUTLOOK: +32%

#5 Most Undervalued
Our model projects Potter County's housing market to grow +2.4% over the next year, significantly outpacing the national average.

[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.

[02] Market Snapshot

Housing Ratio
1.6x

Undervalued relative to economy

GDP Growth
+2.0%

Below national median

Home Prices
+1.8%

Above national median

Climate & Terrain
2.6

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 1.6x — 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

The Numbers

DEMOGRAPHICS
Population
117,905
-0.96% YoY
Median Household Income
$47,974
Median Home Value
$119,900
+1.8% 12mo
Median Rent
$943
Average Annual Pay
$59,781
+4.6% YoY
Employment
77,805
+0.6% YoY
Income-to-Home-Value
0.4001
More affordable than average
Migration Inflow
5.2%
of pop. from another state
Bachelor's Degree+
17.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$199,900
Days on Market
84
Slower market
Months of Supply
5.0
Buyer's market
Listings w/ Price Drops
16.4%
Building Permits (2024)
1,214
Single-Family Permits
562

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

GDP Growth +2.0% 34 percentile
Population Growth -1.0% 4 percentile
Income Growth +6.4% 11 percentile
Vacancy Rate 2.9% 2 percentile
Home Price Change +1.8% 57 percentile
Rent Growth +4.7% 76 percentile
Price/Rent 10x 89 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Potter County ranks #183 out of 996 U.S. counties on the Boom Town Index with a score of 82/100, putting it in the top tier nationally. Job growth of +0.6% and a median household income of $47,974 point to a county with active economic momentum.

Is Potter County affordable?

By national standards, Potter County is quite affordable. Homes here have a median value of $119,900, and the income-to-home-value ratio of 0.40 is well above the U.S. average — especially with median rent at just $943/month. Residents can generally buy a home without being cost-burdened.

Is Potter County growing or shrinking?

Potter County is losing population (-1.0% YoY) while the job market is essentially flat (+0.6% employment change). Home values are +1.8% over the past 12 months. A slow-bleed pattern — not a collapse, but residents are leaving faster than employers are hiring.

Are people moving to Potter County?

In significant numbers — 5.2% 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

Harrison County, TX 82 Rusk County, TX 84 Tom Green County, TX 86 Ector County, TX 88 Anderson County, TX 89 Taylor County, TX 90 Jefferson County, NY 82 LaPorte County, IN 82