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Tom Green County, TX

San Angelo

RANK #141 / 996 NAT  ·  #9 / 69 TX  ·  POP 119,276

1YR FORECAST: +3.6%

5YR OUTLOOK: +34%

Our model projects Tom Green County's housing market to grow +3.6% over the next year, significantly outpacing the national average.

[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.

[02] Market Snapshot

Housing Ratio
3.1x

Undervalued relative to economy

GDP Growth
+3.0%

Above national median

Home Prices
+4.1%

Outpacing national median

Climate & Terrain
2.6

Moderate climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 3.1x — home prices are low 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

The Numbers

DEMOGRAPHICS
Population
119,276
+0.19% YoY
Median Household Income
$67,215
Median Home Value
$177,800
+4.12% 12mo
Median Rent
$1,024
Average Annual Pay
$56,023
+6.0% YoY
Employment
50,181
+1.2% YoY
Income-to-Home-Value
0.378
More affordable than average
Migration Inflow
4.52%
of pop. from another state
Bachelor's Degree+
24.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$254,950
Days on Market
74
Slower market
Months of Supply
7.8
Buyer's market
Sale-to-List Ratio
96.2%
Negotiation room for buyers
Listings w/ Price Drops
19.5%
Building Permits (2024)
233
Single-Family Permits
231

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

GDP Growth +3.0% 56 percentile
Population Growth +0.2% 38 percentile
Income Growth +8.3% 44 percentile
Vacancy Rate 2.0% 8 percentile
Home Price Change +4.1% 84 percentile
Rent Growth +5.9% 86 percentile
Price/Rent 11x 80 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

Tom Green County ranks #141 out of 996 U.S. counties on the Boom Town Index with a score of 86/100, putting it in the top tier nationally. Job growth of +1.2% and a median household income of $67,215 point to a county with active economic momentum.

Is Tom Green County affordable?

By national standards, Tom Green County is quite affordable. Homes here have a median value of $177,800, and the income-to-home-value ratio of 0.38 is well above the U.S. average — especially with median rent at just $1,024/month. Residents can generally buy a home without being cost-burdened.

Is Tom Green County growing or shrinking?

Employers in Tom Green County are hiring — job growth of +1.2% — but the population is close to flat (+0.2% YoY). Home values moved +4.1% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Tom Green County?

There's a moderate stream of newcomers. About 4.52% 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

Ector County, TX 88 Rusk County, TX 84 Anderson County, TX 89 Taylor County, TX 90 Harrison County, TX 82 Potter County, TX 82 Winnebago County, WI 86 Aroostook County, ME 86