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 53 $165.3B 2,500 4 +2.4%
02 Virginia Beach city VA 78 $120.2B 2,100 5 +5.1%
03 Platte County MO 53 $101.2B 400 6 +5.1%
04 Onondaga County NY 85 $100.3B 9,029 5 +6.1%
05 Pittsylvania County VA 62 $76.7B 5,065 6 +5.7%
06 Sullivan County NY 94 $65.3B 2,750 4 +6.6%
07 New York County NY 22 $61.1B 0 6 +2.2%
08 Jefferson County TX 71 $57.2B 1,400 5 +4.5%
09 Laramie County WY 92 $53.2B 563 6 +3.8%
10 San Francisco County CA 0 $53.0B 0 5 +12.5%
11 Solano County CA 24 $50.3B 53,200 6 +1.1%
12 Walton County GA 68 $47.8B 7,740 6 +3.8%
13 Ellis County TX 36 $45.7B 1,100 6 +1.4%
14 Pinal County AZ 76 $42.9B 5,600 6 +1.1%
15 Grayson County TX 3 $42.1B 4,500 5 -2.9%
16 Cameron County TX 7 $39.4B 0 6 +2.4%
17 Cole County MO 83 $35.5B 0 3 +7.0%
18 Pike County KY 7 $35.4B 36,240 4 +1.2%
19 Bartow County GA 48 $34.9B 5,500 6 +3.2%
20 Scioto County OH 50 $34.4B 270 5 +6.3%
21 Wayne County NY 88 $33.3B 0 3 +6.4%
22 Pike County PA 78 $33.0B 2,580 2 +6.9%
23 Cumberland County NJ 96 $32.8B 150 6 +5.7%
24 Maricopa County AZ 34 $32.0B 7,600 6 -0.4%
25 Luzerne County PA 75 $28.4B 14,150 6 +6.1%
26 Williamson County TX 2 $27.4B 2,100 6 -2.5%
27 Lafourche Parish LA 9 $25.2B 0 5 +1.4%
28 Wayne County PA 63 $25.2B 0 4 +5.7%
29 Queens County NY 38 $23.3B 15,300 6 +4.7%
30 Ascension Parish LA 15 $23.0B 2,083 6 +2.7%
31 Bucks County PA 37 $22.0B 15,250 6 +5.2%
32 Schuylkill County PA 95 $21.2B 450 6 +6.3%
33 Forsyth County GA 62 $21.1B 500 3 +1.0%
34 Denver County CO 3 $21.1B 0 4 -1.5%
35 Kenai Peninsula Borough AK 90 $20.7B 40 5 +5.8%
36 Calcasieu Parish LA 88 $20.6B 4,600 6 +5.5%
37 Columbia County PA 81 $20.2B 0 3 +5.3%
38 DeSoto County MS 30 $20.1B 500 4 +3.1%
39 St. Joseph County MI 59 $19.6B 1,300 4 +6.2%
40 Harnett County NC 72 $19.4B 1,000 5 +2.4%
41 Stafford County VA 5 $19.4B 1,650 6 +5.0%
42 Baltimore city MD 8 $19.0B 1,500 5 -0.2%
43 Orange County TX 13 $19.0B 7,500 6 +3.3%
44 Coweta County GA 20 $18.8B 600 3 +4.0%
45 Anderson County TN 4 $18.6B 3,000 4 +2.7%
46 Imperial County CA 49 $18.1B 1,600 6 +4.9%
47 Hudson County NJ 41 $17.6B 15,800 6 +4.5%
48 Cumberland County TN 47 $17.5B 2,534 6 +4.8%
49 Midland County TX 3 $17.4B 0 6 +3.3%
50 Prince George's County MD 12 $17.3B 75 6 +1.9%

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