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Smith County, TX

RANK #743 / 996  ·  POP 234,667  ·  TX

PROJECTED GROWTH: -0.2%

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

[01] Why Smith County?

Known as the "Rose Capital of America," Smith County, Texas, is home to Tyler, a city celebrated for its extensive rose gardens and the annual Texas Rose Festival. Located in East Texas, approximately 90 miles east of Dallas/Fort Worth, the county offers a blend of natural beauty and community living. Residents have access to outdoor recreation at places like Tyler State Park, which features a spring-fed lake for boating and fishing, along with miles of hiking and biking trails through pine forests. The county's feel is often described as welcoming, with a strong sense of community. Commute times average around 23 minutes.

Life in Smith County is characterized by a mix of families and young professionals, with a notable emphasis on community engagement. The economy is largely driven by the healthcare sector, which is the largest employer in Tyler, with major systems like UT Health East Texas and CHRISTUS Trinity Mother Frances Health System providing numerous jobs and contributing significantly to the local economy. The county also has a history rooted in the oil and gas industry and rose production, which continues to be a distinctive local industry. Public schools in Smith County are highly rated, with several districts serving the area, including Lindale, UT Tyler University Academy, and Whitehouse.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
+3.6%

Above national median

Home Prices
-1.3%

Prices declining

Climate & Terrain
0.7

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 3.6x — 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

Smith County U.S. National

The Numbers

DEMOGRAPHICS
Population
234,667
+1.4% YoY
Median Household Income
$69,053
Median Home Value
$201,400
-1.28% 12mo
Median Rent
$1,129
Average Annual Pay
$57,439
+3.4% YoY
Employment
113,523
+1.1% YoY
Income-to-Home-Value
0.3429
More affordable than average
Migration Inflow
3.85%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$327,500
Days on Market
76
Slower market
Months of Supply
7.9
Buyer's market
Sale-to-List Ratio
91.4%
Negotiation room for buyers
Sold Above List
0.6%
Listings w/ Price Drops
23.7%
Building Permits (2024)
608
Single-Family Permits
464

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

[06] Score Breakdown

GDP Growth +3.6% 66 percentile
Population Growth +1.4% 80 percentile
Income Growth +10.4% 85 percentile
Vacancy Rate 2.6% 3 percentile
Home Price Change -1.3% 19 percentile
Rent Growth +0.9% 18 percentile
Price/Rent 13x 59 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Smith County has a Boom Town Index score of 25/100, ranking #743 among 996 U.S. counties. With job growth at +1.1% and a median household income of $69,053, it faces some economic headwinds compared to faster-growing counties.

Is Smith County affordable?

The median home value in Smith County is $201,400 with median rent at $1,129/month. The income-to-home-value ratio is 0.3429, which is more affordable than the national average.

Is Smith County growing or shrinking?

Population growth: +1.4% year-over-year. Job growth: +1.1%. Home values changed -1.3% in the past 12 months.

Are people moving to Smith County?

Yes — 3.85% of Smith County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Haywood County, NC 35 La Plata County, CO 35 Kent County, DE 35 St. Martin Parish, LA 35 Oklahoma County, OK 35 Alamance County, NC 35 Gaston County, NC 35 Moore County, NC 35