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 weak 1-year momentum forecasts (-0.6% and -0.5%) 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 63 $165.3B 2,500 4 -0.5%
02 Virginia Beach city VA 81 $120.2B 2,100 5 +1.8%
03 Platte County MO 29 $101.2B 400 6 -0.1%
04 Onondaga County NY 58 $100.3B 9,029 5 +3.8%
05 Pittsylvania County VA 75 $76.7B 5,065 6 +0.8%
06 Sullivan County NY 89 $65.3B 2,750 4 +3.0%
07 New York County NY 33 $61.1B 0 6 +0.2%
08 Jefferson County TX 79 $57.2B 1,400 5 -0.4%
09 Laramie County WY 98 $53.2B 563 6 +1.3%
10 San Francisco County CA 16 $53.0B 0 5 +8.7%
11 Solano County CA 19 $50.3B 53,200 6 -0.9%
12 Walton County GA 30 $47.8B 7,740 6 -1.0%
13 Ellis County TX 55 $45.7B 1,100 6 -1.9%
14 Pinal County AZ 44 $42.9B 5,600 6 -1.3%
15 Grayson County TX 9 $42.1B 4,500 5 -3.0%
16 Cameron County TX 71 $39.4B 0 6 +0.6%
17 Cole County MO 94 $35.5B 0 3 +3.5%
18 Pike County KY 74 $35.4B 36,240 4 -1.3%
19 Bartow County GA 47 $34.9B 5,500 6 -1.0%
20 Scioto County OH 67 $34.4B 270 5 +3.1%
21 Wayne County NY 86 $33.3B 0 3 +3.5%
22 Pike County PA 75 $33.0B 2,580 2 +1.5%
23 Cumberland County NJ 76 $32.8B 150 6 +0.8%
24 Maricopa County AZ 8 $32.0B 7,600 6 -2.6%
25 Luzerne County PA 76 $28.4B 14,150 6 +1.4%
26 Williamson County TX 0 $27.4B 2,100 6 -4.1%
27 Lafourche Parish LA 45 $25.2B 0 5 -2.2%
28 Wayne County PA 80 $25.2B 0 4 +2.2%
29 Queens County NY 63 $23.3B 15,300 6 +0.7%
30 Ascension Parish LA 35 $23.0B 2,083 6 +0.3%
31 Bucks County PA 27 $22.0B 15,250 6 +1.2%
32 Schuylkill County PA 96 $21.2B 450 6 +2.8%
33 Forsyth County GA 7 $21.1B 500 3 -1.6%
34 Denver County CO 0 $21.1B 0 4 -3.7%
35 Kenai Peninsula Borough AK 98 $20.7B 40 5 +2.5%
36 Calcasieu Parish LA 85 $20.6B 4,600 6 +0.5%
37 Columbia County PA 64 $20.2B 0 3 +0.8%
38 DeSoto County MS 59 $20.1B 500 4 -0.7%
39 St. Joseph County MI 73 $19.6B 1,300 4 +2.4%
40 Harnett County NC 79 $19.4B 1,000 5 +0.1%
41 Stafford County VA 8 $19.4B 1,650 6 -0.2%
42 Baltimore city MD 12 $19.0B 1,500 5 -1.7%
43 Orange County TX 68 $19.0B 7,500 6 -0.1%
44 Coweta County GA 27 $18.8B 600 3 -1.2%
45 Anderson County TN 92 $18.6B 3,000 4 +1.6%
46 Imperial County CA 71 $18.1B 1,600 6 +2.8%
47 Hudson County NJ 30 $17.6B 15,800 6 -0.0%
48 Cumberland County TN 76 $17.5B 2,534 6 -0.1%
49 Midland County TX 9 $17.4B 0 6 -0.5%
50 Prince George's County MD 30 $17.3B 75 6 -1.1%

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