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Denton County, TX

RANK #965 / 996  ·  POP 914,870  ·  TX

PROJECTED GROWTH: -3.8%

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

[01] Why Denton County?

The city of Denton, home to the historic Courthouse-on-the-Square and two major universities, anchors Denton County, located less than forty miles north of Dallas and Fort Worth. The county offers a blend of urban amenities and natural scenery, with three major lakes—Ray Roberts Lake, Lake Lewisville, and Lake Grapevine—providing opportunities for fishing, swimming, and paddling. Extensive trail systems, including the Denton Greenbelt Corridor, cater to hikers and bikers. Commute options include the A-train commuter rail, connecting to Dallas, and local bus services.

Denton County attracts a diverse population, including families and young professionals, drawn by its schools and quality of life. The economy is experiencing growth, with significant investment in advanced manufacturing and technology sectors. The presence of two state universities, the University of North Texas and Texas Woman's University, contributes to the area's cultural and intellectual life, and also influences the local economy.

[02] Market Snapshot

Housing Ratio
6.9x

Above national median (4.7x)

GDP Growth
+1.9%

Below national median

Home Prices
-5.0%

Prices declining

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
19x

Above national median (13x)

Housing is fairly valued at 6.9x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Denton County U.S. National

The Numbers

DEMOGRAPHICS
Population
914,870
+3.37% YoY
Median Household Income
$104,180
Median Home Value
$377,000
-5.0% 12mo
Median Rent
$1,496
Average Annual Pay
$65,626
+3.7% YoY
Employment
313,782
+2.0% YoY
Income-to-Home-Value
0.2763
More affordable than average
Migration Inflow
5.87%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$429,000
Days on Market
88
Slower market
Months of Supply
4.8
Balanced market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
10.3%
Listings w/ Price Drops
32.0%
Building Permits (2024)
10,507
Single-Family Permits
7,376

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

[05] Capital Investment

$11,672M
TOTAL
PROJECT AMOUNT STATUS
Craver Ranch Master-Planned Community
Old Prosper Partners LLC
$5,100M Planned
Core Scientific Data Center Conversion and Expansion
Core Scientific
$4,000M Planned
MP Materials Northlake Campus
MP Materials
$1,250M Planned
Wistron InfoComm (USA) Corporation Facilities
Wistron InfoComm (USA) Corporation
$687M Planned
Denton County Solar PV Park
Belltown Power
$360M Dormant
Noble Solar & Storage Project
National Grid Renewables (Geronimo Power)
$275M Operating

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

[06] Score Breakdown

GDP Growth +1.9% 32 percentile
Population Growth +3.4% 97 percentile
Income Growth +8.2% 41 percentile
Vacancy Rate 1.2% 44 percentile
Home Price Change -5.0% 2 percentile
Rent Growth -0.6% 8 percentile
Price/Rent 19x 11 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Denton County has a Boom Town Index score of 3/100, ranking #965 among 996 U.S. counties. With job growth at +2.0% and a median household income of $104,180, it faces some economic headwinds compared to faster-growing counties.

Is Denton County affordable?

The median home value in Denton County is $377,000 with median rent at $1,496/month. The income-to-home-value ratio is 0.2763, which is more affordable than the national average.

Is Denton County growing or shrinking?

Population growth: +3.4% year-over-year. Job growth: +2.0%. Home values changed -5.0% in the past 12 months.

Are people moving to Denton County?

Yes — 5.87% of Denton 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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