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Gregg County, TX

RANK #596 / 996  ·  POP 124,245  ·  TX

PROJECTED GROWTH: +0.4%

Gregg County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Gregg County?

Gregg County, in northeastern Texas, is perhaps best known for its significant role in the East Texas Oil Field, a discovery in 1930 near Kilgore that dramatically boosted the county's population and economy. Longview, the county seat and largest city, lies about 125 miles east of Dallas and 60 miles west of Shreveport, Louisiana. The county is characterized by gently sloping to hilly terrain within the East Texas timberlands, with the Sabine River flowing through it. Outdoor recreation opportunities include numerous lakes within a 75-mile radius of Longview, along with local parks like Lear Park, which offers sports fields, walking trails, and a splash pad. The Longview Arboretum and Nature Center also provides a natural escape with gardens and trails. The public school system serves a large majority of students, with top-ranked schools including Hudson Elementary School and Spring Hill Intermediate School. The economy, historically tied to oil and gas, has diversified to include manufacturing, healthcare, and retail. Major employers like Eastman Chemical Company contribute to the local job market. The area continues to see economic growth, with efforts to attract more businesses and create career opportunities.

[02] Market Snapshot

Housing Ratio
2.5x

Undervalued relative to economy

GDP Growth
+0.5%

Well below national median

Home Prices
+1.4%

Above national median

Climate & Terrain
0.2

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 2.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Gregg County U.S. National

The Numbers

DEMOGRAPHICS
Population
124,245
+0.4% YoY
Median Household Income
$63,811
Median Home Value
$171,900
+1.41% 12mo
Median Rent
$1,008
Average Annual Pay
$58,579
+2.4% YoY
Employment
74,876
-0.9% YoY
Income-to-Home-Value
0.3712
More affordable than average
Migration Inflow
5.48%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$275,000
Days on Market
87
Slower market
Months of Supply
6.2
Buyer's market
Sale-to-List Ratio
100.0%
Near asking price
Listings w/ Price Drops
25.8%
Building Permits (2024)
192
Single-Family Permits
174

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

[06] Score Breakdown

GDP Growth +0.5% 11 percentile
Population Growth +0.4% 47 percentile
Income Growth +12.8% 97 percentile
Vacancy Rate 1.8% 13 percentile
Home Price Change +1.4% 51 percentile
Rent Growth +3.5% 60 percentile
Price/Rent 13x 58 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Gregg County has a Boom Town Index score of 40/100, ranking #596 among 996 U.S. counties. With job growth at -0.9% and a median household income of $63,811, it faces some economic headwinds compared to faster-growing counties.

Is Gregg County affordable?

The median home value in Gregg County is $171,900 with median rent at $1,008/month. The income-to-home-value ratio is 0.3712, which is more affordable than the national average.

Is Gregg County growing or shrinking?

Population growth: +0.4% year-over-year. Job growth: -0.9%. Home values changed +1.4% in the past 12 months.

Are people moving to Gregg County?

Yes — 5.48% of Gregg 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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