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Rockwall County, TX

South Rockwall

RANK #928 / 996 NAT  ·  #57 / 69 TX  ·  POP 110,631

1YR FORECAST: -1.7%

5YR OUTLOOK: +10%

#3 Fastest Growing #29 Highest GDP Growth
Our model projects Rockwall County's housing market at -1.7% over the next year, underperforming most U.S. counties.

[01] Why Rockwall County?

Rockwall County, Texas, distinguishes itself as the smallest county in the state, yet it is one of its fastest-growing regions. Located about 25 miles northeast of Dallas, the county seat, Rockwall, is known for a unique subterranean rock formation that gave the area its name. The community offers a blend of small-town character with access to big-city amenities. Commuting to Dallas typically takes around 30-50 minutes, depending on traffic. Lake Ray Hubbard, a prominent feature on the county's western border, provides extensive outdoor recreation opportunities, including boating, fishing, and various water sports. Numerous parks, like Harry Myers Park, offer trails, disc golf, and pickleball courts.

Life in Rockwall County often appeals to families and young professionals, with a high rate of homeownership. The public school districts, including Rockwall Independent School District and Royse City Independent School District, are recognized for their quality. The local economy benefits from its proximity to Dallas, with residents employed in sectors such as healthcare, professional services, and retail. Recent economic developments include ongoing commercial and residential construction, with new businesses and housing projects expanding in towns like Fate, Heath, and Royse City. The Rockwall Economic Development Corporation actively works to attract new investment and support existing businesses, contributing to the area's growth.

[02] Market Snapshot

Housing Ratio
6.5x

Above national median (4.7x)

GDP Growth
+8.8%

Well above national median

Home Prices
-3.0%

Prices declining

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
16x

Above national median (13x)

Housing is fairly valued at 6.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Rockwall Independent School District Education
    2,500+
  2. 2
    Texas Health Hospital Rockwall Healthcare
    500+
  3. 3
    Special Products & Manufacturing, Inc. Manufacturing
    100+
  4. 4
    L3Harris Technology
  5. 5
    Bimbo Bakeries USA Manufacturing
  6. 6
    Pratt Industries Manufacturing
  7. 7
    Karat by Lollicup Manufacturing
  8. 8
    SPR Flexible Solutions Manufacturing
  9. 9
    Whitmore Manufacturing Co./Shell & Whitmore Reliability Solutions, LLC Manufacturing
  10. 10
    Pegasus Foods Manufacturing

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

[04] Home Value Growth vs National

Rockwall County U.S. National

The Numbers

DEMOGRAPHICS
Population
110,631
+5.14% YoY
Median Household Income
$121,303
Median Home Value
$363,500
-3.01% 12mo
Median Rent
$1,779
Average Annual Pay
$56,941
+3.7% YoY
Employment
41,550
+4.0% YoY
Income-to-Home-Value
0.3337
More affordable than average
Migration Inflow
8.21%
of pop. from another state
Bachelor's Degree+
43.9%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$454,500
Days on Market
107
Slower market
Months of Supply
6.9
Buyer's market
Sale-to-List Ratio
97.2%
Negotiation room for buyers
Sold Above List
9.4%
Listings w/ Price Drops
36.3%
Building Permits (2024)
1,810
Single-Family Permits
1,810

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.4
per 100K · nat avg 6.3
Firearm Fatalities
10.6
per 100K · nat avg 14.8
Injury Deaths
47.4
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)
33.0
Good
Good Air Days
94%
1,002 of 1,062 days
Unhealthy+ Days (3yr)
0
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
31
2022
34
2023
34
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

$860M
TOTAL
PROJECT AMOUNT STATUS
Multiple Master-Planned Communities
Various Homebuilders
$500M Under Construction/Planned
Ballard Power Systems Manufacturing Facility (Rockwall Giga 1)
Ballard Power Systems
$160M Planned
TE Smith Storage Battery Project
Undisclosed
$150M Planned
Rockwall Commerce Center
Reserve Capital Partners
$50M Under Construction/Planned

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

[08] Score Breakdown

GDP Growth +8.8% 97 percentile
Population Growth +5.1% 100 percentile
Income Growth +8.7% 55 percentile
Vacancy Rate 0.6% 88 percentile
Home Price Change -3.0% 9 percentile
Rent Growth 0.0% 11 percentile
Price/Rent 16x 28 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

The data is not encouraging — Rockwall County scores just 6/100 on the Boom Town Index, ranking #928 of 996 counties. Job growth at +4.0% and median household income of $121,303 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Rockwall County affordable?

Housing in Rockwall County is roughly in line with national affordability norms. The median home costs $363,500 and the income-to-home-value ratio sits at 0.33, with rents averaging $1,779/month. Not a bargain, but not a stretch for most local earners either.

Is Rockwall County growing or shrinking?

Rockwall County is growing on multiple fronts. Population is up +5.1% year-over-year while employers added jobs at a +4.0% clip. Home values shifted -3.0% in the past year.

Are people moving to Rockwall County?

In significant numbers — 8.21% of Rockwall 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

Comal County, TX 6 Harris County, TX 7 Waller County, TX 4 Hays County, TX 4 Bell County, TX 9 Cherokee County, TX 9 Newton County, GA 6 Pender County, NC 6