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Waller County, TX

RANK #971 / 996  ·  POP 57,463  ·  TX

PROJECTED GROWTH: -4.0%

Waller County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Waller County?

Waller County, Texas, is often recognized for Prairie View A&M University, a historically Black university that significantly shapes the area's cultural and educational landscape. Located about 40 miles northwest of downtown Houston, the county offers a blend of rural charm and accessibility to urban amenities. Major highways like U.S. Highway 290 and Interstate 10 provide routes for commuting, with travel times to Houston ranging from 30 minutes to an hour, though rush hour can double this. The landscape features open spaces, agricultural areas, and natural features like lakes and ponds, providing opportunities for outdoor recreation such as hiking. Notable towns include Hempstead, the county seat, and Brookshire.

Life in Waller County combines a small-town atmosphere with increasing development. The area attracts families seeking affordability, open spaces, and a community-focused environment. Waller County's economy is experiencing growth, driven by investments in residential, commercial, and industrial sectors. This includes expansion in manufacturing, logistics, and energy services. Waller Independent School District is also expanding to accommodate a growing student population.

[02] Market Snapshot

Housing Ratio
3.5x

Undervalued relative to economy

GDP Growth
-2.1%

Contracting economy

Home Prices
-1.8%

Prices declining

Climate & Terrain
1.3

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

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

[03] Signal Profile

[04] Home Value Growth vs National

Waller County U.S. National

The Numbers

DEMOGRAPHICS
Population
57,463
+3.53% YoY
Median Household Income
$71,643
Median Home Value
$268,200
-1.84% 12mo
Median Rent
$1,109
Average Annual Pay
$61,149
+4.7% YoY
Employment
26,681
+3.3% YoY
Income-to-Home-Value
0.2671
More affordable than average
Migration Inflow
7.47%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$308,000
Days on Market
84
Slower market
Months of Supply
5.5
Buyer's market
Sale-to-List Ratio
92.4%
Negotiation room for buyers
Sold Above List
8.4%
Listings w/ Price Drops
41.4%
Building Permits (2024)
480
Single-Family Permits
368

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

[05] Capital Investment

$1,865M
TOTAL
PROJECT AMOUNT STATUS
Parliament Solar Project
Parliament Solar LLC (EnCap Investments and Mercuria Energy)
$640M Under Construction
H-E-B Distribution Campus
H-E-B
$500M Under Construction
Ochoa Energy Storage
$260M Planned
Beacon Hill Master-Planned Community
Long Lake Ltd. / Wolff Companies
$250M Under Construction
Attwater Master-Planned Community
Bold Fox Development
$150M Under Construction
TMEIC Manufacturing Facility
TMEIC Corporation Americas
$65M Planned

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

[06] Score Breakdown

GDP Growth -2.1% 3 percentile
Population Growth +3.5% 98 percentile
Income Growth +9.6% 74 percentile
Vacancy Rate 1.3% 33 percentile
Home Price Change -1.8% 16 percentile
Rent Growth -1.5% 3 percentile
Price/Rent 10x 89 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Waller County has a Boom Town Index score of 2/100, ranking #971 among 996 U.S. counties. With job growth at +3.3% and a median household income of $71,643, it faces some economic headwinds compared to faster-growing counties.

Is Waller County affordable?

The median home value in Waller County is $268,200 with median rent at $1,109/month. The income-to-home-value ratio is 0.2671, which is more affordable than the national average.

Is Waller County growing or shrinking?

Population growth: +3.5% year-over-year. Job growth: +3.3%. Home values changed -1.8% in the past 12 months.

Are people moving to Waller County?

Yes — 7.47% of Waller County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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