Ranked by Total Investment ($M) · Data updated April 2026

Biggest Capital Investments by County

Counties attracting the largest capital investments — data centers, manufacturing plants, energy projects, and infrastructure. Where billions are flowing signals where growth is heading next.

Biggest Capital Investments by County

Texas and the Industrial Renaissance

Texas is a clear winner in attracting major capital, with seven counties making this list. This isn't just about oil and gas; it reflects a broader push into manufacturing, data centers, and logistics hubs. Counties like Jefferson, Ellis, and Grayson are benefiting from massive infrastructure projects and corporate relocations, transforming their economies beyond traditional sectors.

New Mexico's Unexpected Industrial Hub

Doña Ana County, New Mexico, at #1, is a surprising leader in capital investment. Often overlooked, this county is quietly becoming a nexus for aerospace, defense, and advanced manufacturing, leveraging its strategic location and available land for large-scale projects. This ranking highlights a significant, under-the-radar economic transformation.

The Divergence of GDP and Momentum

While counties like Jefferson, TX, and Solano, CA, show robust GDP growth of +12.4% and +6.0% respectively, their flat-to-negative 1-year home value forecasts (+0.1% and -0.4%) reveal a critical nuance. Significant capital investments can drive immediate economic expansion, but local housing markets don't always follow suit, indicating a potential lag or disconnect between large-scale projects and residential market sentiment.

# County BTI Score Investment Jobs Projects 1yr Forecast
01 Doña Ana County NM 26 $165.3B 2,500 4 -0.8%
02 Virginia Beach city VA 70 $120.2B 2,100 5 +2.4%
03 Platte County MO 34 $101.2B 400 6 +2.0%
04 Onondaga County NY 87 $100.3B 9,029 5 +4.2%
05 Pittsylvania County VA 29 $76.7B 5,065 6 +1.0%
06 Sullivan County NY 39 $65.3B 2,750 4 +2.2%
07 New York County NY 65 $61.1B 0 6 +1.3%
08 Jefferson County TX 58 $57.2B 1,400 5 +0.1%
09 Laramie County WY 89 $53.2B 563 6 +1.9%
10 San Francisco County CA 11 $53.0B 0 5 +11.4%
11 Solano County CA 62 $50.3B 53,200 6 -0.4%
12 Walton County GA 38 $47.8B 7,740 6 -0.3%
13 Ellis County TX 44 $45.7B 1,100 6 -1.2%
14 Pinal County AZ 90 $42.9B 5,600 6 -1.7%
15 Grayson County TX 1 $42.1B 4,500 5 -3.8%
16 Cameron County TX 8 $39.4B 0 6 -1.0%
17 Cole County MO 86 $35.5B 0 3 +3.0%
18 Pike County KY 6 $35.4B 36,240 4 -0.6%
19 Bartow County GA 80 $34.9B 5,500 6 +0.1%
20 Scioto County OH 51 $34.4B 270 5 +3.6%
21 Wayne County NY 93 $33.3B 0 3 +3.9%
22 Pike County PA 65 $33.0B 2,580 2 +3.1%
23 Cumberland County NJ 88 $32.8B 150 6 +2.2%
24 Maricopa County AZ 27 $32.0B 7,600 6 -1.1%
25 Luzerne County PA 90 $28.4B 14,150 6 +3.2%
26 Williamson County TX 4 $27.4B 2,100 6 -2.2%
27 Lafourche Parish LA 12 $25.2B 0 5 -1.1%
28 Wayne County PA 64 $25.2B 0 4 +1.3%
29 Queens County NY 25 $23.3B 15,300 6 +1.1%
30 Ascension Parish LA 38 $23.0B 2,083 6 +0.4%
31 Bucks County PA 48 $22.0B 15,250 6 +2.2%
32 Schuylkill County PA 65 $21.2B 450 6 +2.8%
33 Forsyth County GA 12 $21.1B 500 3 -0.9%
34 Denver County CO 12 $21.1B 0 4 -2.4%
35 Kenai Peninsula Borough AK 82 $20.7B 40 5 +2.0%
36 Calcasieu Parish LA 88 $20.6B 4,600 6 +2.6%
37 Columbia County PA 48 $20.2B 0 3 +1.7%
38 DeSoto County MS 15 $20.1B 500 4 -0.9%
39 St. Joseph County MI 75 $19.6B 1,300 4 +2.7%
40 Harnett County NC 60 $19.4B 1,000 5 -0.5%
41 Stafford County VA 8 $19.4B 1,650 6 +1.5%
42 Baltimore city MD 7 $19.0B 1,500 5 -1.8%
43 Orange County TX 10 $19.0B 7,500 6 +0.2%
44 Coweta County GA 64 $18.8B 600 3 +0.1%
45 Anderson County TN 14 $18.6B 3,000 4 +0.7%
46 Imperial County CA 83 $18.1B 1,600 6 +2.6%
47 Hudson County NJ 23 $17.6B 15,800 6 +1.6%
48 Cumberland County TN 62 $17.5B 2,534 6 +0.8%
49 Midland County TX 9 $17.4B 0 6 +0.1%
50 Prince George's County MD 7 $17.3B 75 6 -0.5%
50
Counties ranked
Cite this ranking

BoomTownIndex, “Biggest Capital Investments by County.” Data: April 2026. https://boomtownindex.com/rankings/biggest-capital-investments/

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