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Collin County, TX

RANK #966 / 996  ·  POP 1,079,153  ·  TX

PROJECTED GROWTH: -3.9%

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

[01] Why Collin County?

McKinney, the county seat of Collin County, offers a distinctive historic downtown area with 19th-century buildings, boutiques, and art galleries. Located just northeast of Dallas, Collin County is part of the Dallas-Fort Worth-Arlington metropolitan area. Commutes to Dallas are common, and the community feel ranges from urban sophistication in cities like Plano and Frisco to a more rural atmosphere in towns such as Anna and Farmersville. The county features outdoor recreation opportunities like Oak Point Park and Nature Preserve, offering trails, kayaking, and paddle boating, and Parkhill Prairie, a 436-acre preserve with Blackland tall-grass prairie.

Life in Collin County attracts families and professionals, drawn by highly-rated public schools and a range of housing options. The economy is experiencing significant growth, driven by corporate relocations, mixed-use developments, and infrastructure investments. This expansion includes major investments in technology, entertainment, and various other sectors, contributing to a strong job market. The county's population has surged, with cities like Princeton experiencing rapid growth.

[02] Market Snapshot

Housing Ratio
4.7x

Below national median (4.7x)

GDP Growth
+5.5%

Well above national median

Home Prices
-5.8%

Prices declining

Climate & Terrain
1.0

Moderate climate & terrain

Price/Rent
20x

Prices detached from rents

Housing is fairly valued at 4.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Collin County U.S. National

The Numbers

DEMOGRAPHICS
Population
1,079,153
+3.78% YoY
Median Household Income
$113,255
Median Home Value
$411,100
-5.82% 12mo
Median Rent
$1,689
Average Annual Pay
$88,091
+5.8% YoY
Employment
546,526
+3.2% YoY
Income-to-Home-Value
0.2755
More affordable than average
Migration Inflow
4.32%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$435,000
Days on Market
93
Slower market
Months of Supply
4.8
Balanced market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
9.1%
Listings w/ Price Drops
35.9%
Building Permits (2024)
18,813
Single-Family Permits
14,425

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

[05] Capital Investment

$6,628M
TOTAL
PROJECT AMOUNT STATUS
Collin County Outer Loop (Segments 1 & 3, and overall plan)
Collin County
$2,000M Under Construction
CoreWeave Data Center
CoreWeave
$1,600M Completed
Collin County Campus Expansion Projects
Collin County
$1,438M Under Construction
Google Data Center (Red Oak, impacting North Texas)
Google
$600M Under Construction
Encore Wire Expansion
Encore Wire
$500M Under Construction
Mallard BESS Battery Storage Project
Peregrine Energy Solutions
$490M Planned

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

[06] Score Breakdown

GDP Growth +5.5% 87 percentile
Population Growth +3.8% 98 percentile
Income Growth +8.6% 52 percentile
Vacancy Rate 1.6% 19 percentile
Home Price Change -5.8% 2 percentile
Rent Growth -1.1% 5 percentile
Price/Rent 20x 8 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Collin County has a Boom Town Index score of 3/100, ranking #966 among 996 U.S. counties. With job growth at +3.2% and a median household income of $113,255, it faces some economic headwinds compared to faster-growing counties.

Is Collin County affordable?

The median home value in Collin County is $411,100 with median rent at $1,689/month. The income-to-home-value ratio is 0.2755, which is more affordable than the national average.

Is Collin County growing or shrinking?

Population growth: +3.8% year-over-year. Job growth: +3.2%. Home values changed -5.8% in the past 12 months.

Are people moving to Collin County?

Yes — 4.32% of Collin 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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