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Galveston County, TX

RANK #886 / 996  ·  POP 350,801  ·  TX

PROJECTED GROWTH: -1.4%

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

[01] Why Galveston County?

Galveston County, Texas, is a coastal area known for its distinctive island city, Galveston, which boasts Victorian architecture and a rich history as a major port. Located on the Gulf Coast, about an hour southeast of Houston, the county offers a unique blend of beach town atmosphere and historical significance. Residents and visitors enjoy 32 miles of Gulf Coast beaches, along with opportunities for fishing, kayaking, birdwatching, and exploring nature preserves like Galveston Island State Park and East End Lagoon Nature Park & Preserve. The climate is humid and subtropical, with mild winters, allowing for year-round outdoor activities. Commutes within the county vary, with options including personal vehicles, public bus services, and park-and-ride shuttles, particularly for those traveling to and from the mainland for work or school.

Life in Galveston County offers a relaxed coastal lifestyle, attracting a mix of families, retirees, and those working in the region. The economy is largely driven by tourism, healthcare, education, and maritime industries. Major institutions like the University of Texas Medical Branch (UTMB) contribute to the healthcare and education sectors, drawing students and professionals to the area. The Port of Galveston also plays a significant role, handling cruise and cargo operations. While the county experiences economic growth, particularly in tourism, it also faces challenges related to managing housing costs and preparing for tropical storms. Several school districts serve the county, including Galveston ISD, Clear Creek ISD, and Friendswood ISD.

[02] Market Snapshot

Housing Ratio
4.5x

Below national median (4.7x)

GDP Growth
+7.5%

Well above national median

Home Prices
-3.4%

Prices declining

Climate & Terrain
1.9

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing is fairly valued at 4.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Galveston County U.S. National

The Numbers

DEMOGRAPHICS
Population
350,801
+1.07% YoY
Median Household Income
$83,913
Median Home Value
$260,600
-3.44% 12mo
Median Rent
$1,301
Average Annual Pay
$62,650
+3.5% YoY
Employment
122,734
+0.1% YoY
Income-to-Home-Value
0.322
More affordable than average
Migration Inflow
5.51%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$339,900
Days on Market
94
Slower market
Months of Supply
6.9
Buyer's market
Sale-to-List Ratio
95.9%
Negotiation room for buyers
Sold Above List
10.9%
Listings w/ Price Drops
27.2%
Building Permits (2024)
3,148
Single-Family Permits
3,148

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

[05] Capital Investment

$7,026M
TOTAL
PROJECT AMOUNT STATUS
Offshore Wind Farm (Galveston Area Lease)
Various (Shell, TotalEnergies, etc.)
$3,700M Proposed
Port of Galveston 20-Year Strategic Master Plan (Cruise, Cargo, Commercial)
Port of Galveston
$2,400M Planned
Hidden Lakes Reliability Project (Battery Energy Storage System)
GridStor
$440M Under Construction
Shepard Energy Storage (Battery Energy Storage System)
Undisclosed
$250M Proposed
Galveston County Bond Initiative (Roads, Facilities, Flood Control, San Luis Pass Bridge)
Galveston County
$186M Planned
Legacy Master-Planned Community (League City)
Undisclosed
$50M Under Construction

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

[06] Score Breakdown

GDP Growth +7.5% 95 percentile
Population Growth +1.1% 74 percentile
Income Growth +5.8% 7 percentile
Vacancy Rate 1.8% 13 percentile
Home Price Change -3.4% 8 percentile
Rent Growth +0.0% 11 percentile
Price/Rent 14x 48 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Galveston County has a Boom Town Index score of 11/100, ranking #886 among 996 U.S. counties. With job growth at +0.1% and a median household income of $83,913, it faces some economic headwinds compared to faster-growing counties.

Is Galveston County affordable?

The median home value in Galveston County is $260,600 with median rent at $1,301/month. The income-to-home-value ratio is 0.322, which is more affordable than the national average.

Is Galveston County growing or shrinking?

Population growth: +1.1% year-over-year. Job growth: +0.1%. Home values changed -3.4% in the past 12 months.

Are people moving to Galveston County?

Yes — 5.51% of Galveston 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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