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Tom Green County, TX

RANK #935 / 1001 NAT  ·  #59 / 72 TX  ·  POP 119,577

1YR FORECAST: -0.9%

5YR OUTLOOK: +16%

Our model projects Tom Green County's housing market at -0.9% over the next year, underperforming most U.S. counties.

[01] Why Tom Green County?

Tom Green County, located in west-central Texas, is perhaps best known for San Angelo, its county seat, which sits about 258 miles west of Dallas. The county's unique shape, with a narrow strip extending westward, is a result of historical land divisions. This area boasts significant natural amenities, including the Concho River and its tributaries, along with three major impoundments: O.C. Fisher Lake, Twin Buttes Reservoir, and Lake Nasworthy. These water features and San Angelo State Park offer opportunities for fishing, boating, hiking, and biking. The community maintains a conservative feel, and public schools in the county are highly rated.

Life in Tom Green County offers a blend of community and access to outdoor activities. The average commute time for residents is around 20 minutes. Public transportation, including rural routes, is available through the Concho Valley Transit District, offering shared rides and curb-to-curb service. The local economy sees activity in sectors such as energy, with new solar projects underway, and ongoing infrastructure improvements. Agriculture, particularly the wool and mohair industry, also plays a role in the county's economic landscape.

MARKET PROFILE

Affordable Slow Markets

Tom Green County is one of 75 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +1.9% runs above the profile's typical +0.8%.

See all 75 Affordable Slow Markets counties →

[02] Market Snapshot

Housing Ratio
8.2x

Overvalued relative to economy

Home Prices
+1.9%

Above national median

Climate & Terrain
2.6

Moderate climate & terrain

Price/Rent
13x

Below national median (15x)

Housing looks overvalued at 8.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Shannon Medical Center Healthcare
    5,000+
  2. 2
    Angelo State University Education
    500+
  3. 3
    Tom Green County Government
  4. 4
    Ethicon Inc. (Johnson & Johnson MedTech Company) Manufacturing
  5. 5
    Hirschfeld Industries Manufacturing
  6. 6
    Lone Star Beef Processing Manufacturing
  7. 7
    Goodfellow Air Force Base Military
  8. 8
    San Angelo Independent School District Education
  9. 9
    Howard College Education
  10. 10
    Republic Services Other

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

[04] Home Value Growth vs National

Tom Green 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
119,577
+0.15% YoY
Median Household Income
$68,370
Median Home Value
$197,000
+1.93% 12mo
Median Rent
$1,154
Average Annual Pay
$57,848
+3.3% YoY
Employment
49,922
-0.5% YoY
Income-to-Home-Value
0.3471
More affordable than average
Migration Inflow
3.82%
of pop. from another state
Bachelor's Degree+
25.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$274,900
Days on Market
42
Moderate pace
Months of Supply
3.7
Balanced market
Listings w/ Price Drops
24.1%
Building Permits (2025)
335
Single-Family Permits
333

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.6
per 100K · nat avg 6.3
Firearm Fatalities
17.0
per 100K · nat avg 14.8
Injury Deaths
68.8
per 100K · nat avg 76.3
vs National Average
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] Capital Investment

$2,446M
TOTAL
PROJECT AMOUNT STATUS
Cold Creek Solar + Storage
Doral Renewables (developed by Bechtel)
$900M Under Construction
Matterhorn Express Pipeline
WhiteWater, EnLink Midstream, LLC, Devon Energy, MPLX LP
$500M Proposed
Skybox San Angelo Data Center Campus
Skybox Datacenters
$500M Proposed
Fort Concho Energy Storage
Undisclosed
$251M Planned
Angelo Solar
Apex Clean Energy
$195M Operating
Project Concho (Wind-powered Direct Air Capture Hub)
Return Carbon, Verified Carbon, Greenalia (wind farm), Skytree (DAC technology)
$100M Planned

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

[07] Score Breakdown

Population Growth +0.1% 29 percentile
Income Growth +3.2% 61 percentile
Vacancy Rate 1.8% 9 percentile
Home Price Change +1.9% 54 percentile
Rent Growth +5.8% 84 percentile
Price/Rent 13x 78 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Tom Green County, TX a good place to move to?

The data is not encouraging — Tom Green County scores just 6/100 on the Boom Town Index, ranking #935 of 1001 counties. Job growth at -0.5% and median household income of $68,370 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Tom Green County affordable?

Housing in Tom Green County is roughly in line with national affordability norms. The median home costs $197,000 and the income-to-home-value ratio sits at 0.35, with rents averaging $1,154/month. Not a bargain, but not a stretch for most local earners either.

Is Tom Green County growing or shrinking?

Population and employment in Tom Green County are both close to flat — population +0.1% YoY and jobs -0.5%. Home values shifted +1.9% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Tom Green County?

There's a moderate stream of newcomers. About 3.82% of residents moved from another state, which is above average and suggests Tom Green County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Harris County, TX 7 Wise County, TX 5 Bastrop County, TX 8 San Patricio County, TX 4 Rockwall County, TX 4 Webb County, TX 4 Maury County, TN 6 Nevada County, CA 6