Fastest Growing Cities In Texas
These are the fastest growing cities in Texas, sorted by growth rate (Table 1), median home value (Table 2), and population (Table 3). We referenced the US Census Bureau's V2019 data for population estimates for 2019 and 2010. We then sorted the cities by the highest annualized growth rate. It is easier for smaller cities to have higher growth rates, so this ranking contains many smaller cities.
There are many different ways to slice the data and fastest growing is a subjective term. This list first looks at cities that are growing quickly in terms of their total population and then we take a look at cities that are growing the fastest in terms of median value of property. In this case, property values are a proxy measurement for demand for housing in those areas. Property value growth is often motivated by increased number of transactions in the area signaling a higher demand for housing. Its important to look at both, population growth as well as property value growth when considering your next move.
Fastest growing cities in Texas by Population
Frisco - The fastest growing city in Texas
Frisco outpaces all other cities in Texas as the fastest growing city by far. With 7.9% annualized growth from 2010 to 2019, the Northern Texas Dallas Forth Worth Metro Area city has seen its population increase from 117,174 to 200,490. A whopping 71.1%! See: Frisco Real Estate Market Overview
This city is a suburb that lies about 40 miles north of Dallas with population of about 200,000 people. This suburb has experienced explosive growth in the past 10 years with nearly doubling in its population. It also has won accolade such as 'best place to live in America' by Money magazine, a big contributing factor to its growth in the last few years.
This suburb has a highly competitive public school system paired with high walkability, a rarity in expansive Texas landscape. Crime rate is one of the lowest in the nation and median household income is north of $100,000 a year. This obviously has an impact on local taxation and value of a median home, which comes in at almost $500,000 with average rents being $1,500. Other notable things about Frisco, is that its the location of Dallas Cowboy's headquarters and the Professional Golfer's Association.
McKinney - The second fastest growing city in Texas
McKinney is the second city on our list, located about 35 miles away from Dallas. This is a town with lots of history dating back to inclusion of Texas into the Union. The population growth in this town has been supported by healthy 3.1% growth in job listings while the unemployment rate has hovered at just 2.9%. McKinney's population increase by an impressive 1.5x in the last ten years making it the 4th fastest growing city in all of US. Median home costs $400,000 while median rent comes in at $1,400.
As we mentioned, McKinney has rich history which they preserved by creating a district with strict building codes that shows them off in all their splendor, how they used to be over a century ago. That district includes a street that is lined with shops and restaurants and often attracts tourists and locals alike.
Round Rock - The third growing city in Texas
Round Rock is the third city on our list, coming in at 3.7% population growth rate. It is situated just north of Austin. This city in Williamson County, is considered a suburb and provides and excellent place to raise a family due to its well functioning public school system as well as well maintained public venues such as parks and shopping areas. Many young professional are choosing to migrate to the area due to these public benefits but also due to booming local economy supported by migration of corporations into the area. For example, Dell Technologies is not headquartered in the city, bringing along a tech ecosystem that is attracting more top technology talent from around the country.
Additional cities
Take a look at the table below that further summarizes the data we present above. Pearland, League City, Allen and the runner ups in terms of population to the list we presented above. Its important to understand that this analysis is a shapshot in time. We would recommend also looking at time series data where you can see the trend of growth in each one of these cities.
Why is trend an important factor? Trend of growth is important because, lets say Frisco, clocked in at ~8% growth rate, but previous year its growth rate was 20%, this would tell me that the growth rate in population is decreasing and its probably safe to assume that the growth rate will continue to decline into the next year, meaning that next year Frisco will no longer by the fastest growing city in Texas. This type of trend analysis may be helpful for you to establish which city will dominate this list next year and which one will drop off. Data we used in our analysis is presented in the table below.
Table 1: Fastest Growing Cities In Texas Sorted By Annual Growth Rate
| Rank | City | Population (2019) | Annualized Growth Rate |
|---|---|---|---|
| 1 | Frisco | 200,490 | 7.90% |
| 2 | McKinney | 199,177 | 5.76% |
| 3 | Round Rock | 133,372 | 3.70% |
| 4 | Pearland | 122,460 | 3.50% |
| 5 | League City | 107,536 | 3.18% |
| 6 | Allen | 105,623 | 2.81% |
| 7 | College Station | 117,911 | 2.79% |
| 8 | Odessa | 123,334 | 2.61% |
| 9 | Edinburg | 101,170 | 2.59% |
| 10 | Flower Mound | 79,135 | 2.48% |
| 11 | Forth Worth | 909,585 | 2.46% |
| 12 | Austin | 978,908 | 2.45% |
| 13 | Denton | 141,541 | 2.41% |
| 14 | Killeen | 151,666 | 2.08% |
| 15 | Carrollton | 139,248 | 1.87% |
| 16 | San Antonio | 1,547,253 | 1.85% |
| 17 | Lewisville | 109,212 | 1.60% |
| 18 | Missouri City | 75,457 | 1.49% |
| 19 | Bryan | 86,276 | 1.46% |
| 20 | Lubbock | 258,862 | 1.40% |
| 21 | Pharr | 79,112 | 1.36% |
| 22 | Dallas | 1,343,573 | 1.35% |
| 23 | North Richland Hills | 70,670 | 1.29% |
| 24 | Waco | 139,236 | 1.29% |
| 25 | Laredo | 262,491 | 1.26% |
| 26 | Irving | 239,798 | 1.21% |
| 27 | Grand Prairie | 194,543 | 1.21% |
| 28 | Houston | 2,320,268 | 1.19% |
| 29 | Plano | 287,677 | 1.19% |
| 30 | Tyler | 106,985 | 1.16% |
| 31 | Sugar Land | 118,488 | 1.10% |
| 32 | Arlington | 398,854 | 1.03% |
| 33 | McAllen | 143,268 | 0.99% |
| 34 | Mission | 84,331 | 0.95% |
| 35 | San Angelo | 101,004 | 0.93% |
| 36 | Baytown | 77,192 | 0.87% |
| 37 | Corpus Christi | 326,586 | 0.78% |
| 38 | Garland | 239,928 | 0.64% |
| 39 | El Paso | 681,728 | 0.57% |
| 40 | Abilene | 123,420 | 0.56% |
| 41 | Brownsville | 182,781 | 0.51% |
| 42 | Amarillo | 199,371 | 0.51% |
| 43 | Longview | 81,631 | 0.17% |
| 44 | Pasadena | 151,227 | 0.14% |
| 45 | Mesquite | 140,937 | 0.10% |
Table 2: Fastest Growing Cities In Texas Sorted By Median Home Value
| Rank | City | Median Home Value | Annualized Growth Rate |
|---|---|---|---|
| 1 | Frisco | $424,625 | 7.90% |
| 2 | Flower Mound | $389,043 | 2.48% |
| 3 | Austin | $362,705 | 2.45% |
| 4 | Sugar Land | $347,548 | 1.10% |
| 5 | Plano | $344,108 | 1.19% |
| 6 | McKinney | $332,390 | 5.76% |
| 7 | Allen | $326,048 | 2.81% |
| 8 | League City | $263,483 | 3.18% |
| 9 | Pearland | $263,160 | 3.50% |
| 10 | Round Rock | $262,623 | 3.70% |
| 11 | College Station | $259,720 | 2.79% |
| 12 | Carrollton | $256,173 | 1.87% |
| 13 | Denton | $235,210 | 2.41% |
| 14 | Lewisville | $224,675 | 1.60% |
| 15 | North Richland Hills | $219,085 | 1.29% |
| 16 | Missouri City | $211,990 | 1.49% |
| 17 | Dallas | $202,208 | 1.35% |
| 18 | Irving | $190,813 | 1.21% |
| 19 | Houston | $184,685 | 1.19% |
| 20 | Arlington | $183,503 | 1.03% |
| 21 | Forth Worth | $182,428 | 2.46% |
| 22 | Grand Prairie | $174,580 | 1.21% |
| 23 | Garland | $172,860 | 0.64% |
| 24 | Tyler | $172,000 | 1.16% |
| 25 | Odessa | $162,863 | 2.61% |
| 26 | Bryan | $158,670 | 1.46% |
| 27 | San Antonio | $157,380 | 1.85% |
| 28 | Mesquite | $153,725 | 0.10% |
| 29 | Corpus Christi | $151,683 | 0.78% |
| 30 | Lubbock | $151,360 | 1.40% |
| 31 | Longview | $150,070 | 0.17% |
| 32 | San Angelo | $148,350 | 0.93% |
| 33 | Amarillo | $142,438 | 0.51% |
| 34 | Laredo | $139,643 | 1.26% |
| 35 | El Paso | $136,955 | 0.57% |
| 36 | Killeen | $135,665 | 2.08% |
| 37 | McAllen | $135,450 | 0.99% |
| 38 | Waco | $134,698 | 1.29% |
| 39 | Pasadena | $133,515 | 0.14% |
| 40 | Edinburg | $131,043 | 2.59% |
| 41 | Abilene | $129,430 | 0.56% |
| 42 | Baytown | $128,893 | 0.87% |
| 43 | Mission | $120,830 | 0.95% |
| 44 | Brownsville | $96,750 | 0.51% |
| 45 | Pharr | $86,968 | 1.36% |
Table 3: Fastest Growing Cities In Texas Sorted By Population
| Rank | City | Population (2019) | Annualized Growth Rate |
|---|---|---|---|
| 1 | Houston | 2,320,268 | 1.90% |
| 2 | San Antonio | 1,547,253 | 2.48% |
| 3 | Dallas | 1,343,573 | 2.45% |
| 4 | Austin | 978,908 | 1.10% |
| 5 | Forth Worth | 909,585 | 1.19% |
| 6 | El Paso | 681,728 | 5.76% |
| 7 | Arlington | 398,854 | 2.81% |
| 8 | Corpus Christi | 326,586 | 3.18% |
| 9 | Plano | 287,677 | 3.50% |
| 10 | Laredo | 262,491 | 3.70% |
| 11 | Lubbock | 258,862 | 2.79% |
| 12 | Garland | 239,928 | 1.87% |
| 13 | Irving | 239,798 | 2.41% |
| 14 | Frisco | 200,490 | 1.60% |
| 15 | Amarillo | 199,371 | 1.29% |
| 16 | McKinney | 199,177 | 1.49% |
| 17 | Grand Prairie | 194,543 | 1.35% |
| 18 | Brownsville | 182,781 | 1.21% |
| 19 | Killeen | 151,666 | 1.19% |
| 20 | Pasadena | 151,227 | 1.03% |
| 21 | McAllen | 143,268 | 2.46% |
| 22 | Denton | 141,541 | 1.21% |
| 23 | Mesquite | 140,937 | 0.64% |
| 24 | Carrollton | 139,248 | 1.16% |
| 25 | Waco | 139,236 | 2.61% |
| 26 | Round Rock | 133,372 | 1.46% |
| 27 | Abilene | 123,420 | 1.85% |
| 28 | Odessa | 123,334 | 0.10% |
| 29 | Pearland | 122,460 | 0.78% |
| 30 | Sugar Land | 118,488 | 1.40% |
| 31 | College Station | 117,911 | 0.17% |
| 32 | Lewisville | 109,212 | 0.93% |
| 33 | League City | 107,536 | 0.51% |
| 34 | Tyler | 106,985 | 1.26% |
| 35 | Allen | 105,623 | 0.57% |
| 36 | Edinburg | 101,170 | 2.08% |
| 37 | San Angelo | 101,004 | 0.99% |
| 38 | Bryan | 86,276 | 1.29% |
| 39 | Mission | 84,331 | 0.14% |
| 40 | Longview | 81,631 | 2.59% |
| 41 | Flower Mound | 79,135 | 0.56% |
| 42 | Pharr | 79,112 | 0.87% |
| 43 | Baytown | 77,192 | 0.95% |
| 44 | Missouri City | 75,457 | 0.51% |
| 45 | North Richland Hills | 70,670 | 1.36% |
Sources
- US Census Bureau
- OfferMarket proprietary market insights
Related Content
If you want to become a great real estate investor, these foundational investing books will pay divi...
One of the most important concepts that real estate investors and savvy homebuyers use is to buy on ...
Licensed HVAC contractors Baltimore directory....
OfferMarket brings you a comprehensive list of premier property management companies in Montgomery c...
Every seller has a Sell My House Fast story to tell. Meet Dan, who sold his house in Parkville, MD i...
Would you buy a rental property for $100,000 ($30,000 + $70,000 renovation) that generates $2,067/mo...
Facebook Groups are an excellent place to houses for sale. If you're looking for off-market listings...
List of reputable Calvert County property management companies. This list will help any busy landlor...
The market for DSCR Loans is experiencing significant turbulence. Interest rates for DSCR loans have...
If you're investing non-judicial states, our bridge loan ("fix and flip") just got even more competi...
Every seller has a Sell My House Fast story to tell. Meet Darren, who has sold 5 rental properties w...
As a busy landlord, sometimes its hard to manage your real estate rental portfolio, OfferMarket brin...
Tired of being a landlord? It has never been easier to sell your rental property for a competitive p...
If you a tired landlord who just needs you business to be handled with no issues, look no further. O...
Directory of licensed architects and professional engineers (PE) in Baltimore....
These are the best podcasts for aspiring and proven real estate investors....
In this report, we'll look at market data to understand how various real estate investing strategies...
Comprehensive guide on preserving the value of your home. Detailing how to avoid common pitfalls of ...
Multifamily term loans are asset-based for purchasing and refinancing 5+ unit residential properties...
Searching for a reliable property management company in Prince George's County? This comprehensive l...
Selling a rental property can be tricky depending on the property's condition, occupancy and your ti...
Luxury Redefined Episode 1 features 5505 Stuart Ave, Baltimore, MD 21215. A distressed listing with ...
Every seller has a Sell My House Fast story to tell. Meet Jason, who received 14 offers and closed i...
Dependable property management company is what every busy landlord needs. This list present the most...
We don't have a housing shortage. We have a shortage of desirable housing and that is an important d...
As a busy landlord, sometimes its hard to manage your real estate rental portfolio, OfferMarket brin...
Introducing OfferMarket Portfolio deals. Passively invest in single family rental properties, sell w...
Opendoor competitors include OfferMarket, Offerpad, Zillow Offers and RedfinNow. Learn more about ho...
In this episode of the OfferMarket Podcast, Daniel and Martin share their origin story, the story of...
Is it ethical to wholesale real estate? We'll look at both sides of this divisive topic....
We believe there is a bubble in the short term rental asset class, investors need to understand what...
OfferMarket brings you a list of leading property management companies Harford county Maryland. Thes...
OfferMarket presents list of reputable Baltimore City property management companies. This lists give...
With housing inventory at record lows, savvy real estate buyers are looking off-market. Learn more a...
Zillow abruptly stops iBuying citing operational challenges. Let's read between the lines and see wh...
Learn about Zillow Offers competitors and how the iBuying service compares to Opendoor, RedfinNow, O...
If you're looking for articles about iBuyers, Power Buyers -- there's a good change Mike DelPrete's ...
Looking to sell your house For Sale By Owner? See how top For Sale By Owner websites compare....
OfferMarket launched on Product Hunt! This is a post on how not to launch on Product Hunt....
Every seller has a Sell My House Fast story to tell. Meet Jessica, who saved $11,500 by selling with...
What is RedfinNow? Where is RedfinNow available? Who are RedfinNow competitors? Your questions answe...
Landlords in Allegany county, pay attention. This list of Allegany county property management compan...
If I want to sell my house fast, I also should want to sell my house for as much as possible. This a...
OfferMarket is now the fastest growing investment property marketplace. Learn more about OfferMarket...
Real estate private lenders help fix and flip and rental property investors scale. There's a lot to ...
Professional contractors are hired to improve your home, but the liability that they bring along is ...
These are the best credit cards for real estate investors. A ranking of credit cards for fix and fli...
See OfferMarket in action: the most powerful dispositions tool for real estate wholesalers, landlord...
We are all used to paying our rent using cash or check, but this its 2022 and technology has moved f...
Why are you JVing? Stop JVing and start using OfferMarket to grow your wholesale real estate busines...
Every day is 'We Buy Houses' day at OfferMarket. How does we buy houses work? Learn more....
Deal or no deal? We asked 180 rental property investors if they would do this deal. Rental investmen...
Stewart Beal joins us to talk about his "super size house hacking", BRRR, property management and hi...
In this episode of the OfferMarket Podcast, Daniel shares everything you need to know about turnkey ...
These are the Reddit real estate communities you should know about....
A private lender data feed helps real estate investors access capital to fund new projects and refin...
Real Estate Wholesalers Near Me is a director of wholesale real estate providers. Find real estate w...
Every day at OfferMarket is 'Sell My House Fast' day. It's not about how fast you can sell your hous...
A real estate marketplace is an online platform that allows homeowners to list their house for sale ...
In this episode of the OfferMarket Podcast, Brandon Diaz shares his principles for successful real e...
Flow, Adam Neuman's new real estate startup, is already valued at $1 billion. The company raised rep...
A practical guide on how to sell a condo online using the latest tools in Real Estate in todays econ...
Every seller has a Sell My House Fast story to tell. Meet Neil, who saved $23,500 by selling with Of...
We surveyed 50 real estate investors to find out where they sourced their last deal (MLS or off-mark...
Checkout the top Anne Arundel county property management companies that will help any busy landlord ...
Plumbers near me in Baltimore. Access our growing directory of active licensed plumbers....
Investing in real estate is an incredibly powerful way to build wealth and achieve financial indepen...
Looking for Sundae competitors? If you need to sell your house fast, this article compares Sundae vs...
Analyze the data on how COVID-19 is affecting multifamily real estate valuations....
Learn how housing supply shortages and increased demand are affecting home buyers and sellers. 99% o...
Learn more about investing in Baltimore rental properties....
Licensed electricians near me Baltimore directory. There are 263 active licensed electricians in Bal...
11% of houses sold in 2018 were For Sale by Owner (FSBO) listings. That is 605,000 homes and roughly...
In a world of low interest rates and inflated asset values, high cap rate rental properties make for...
Offerpad competitors include OfferMarket, Opendoor, Zillow Offers and RedfinNow. Learn how these ser...
We call them bridge loans but you may know them as hard money or fix and flip loans. Same thing, dif...
Two houses with identical floor plans and similar quality finishes were listed in a desirable Baltim...
The best real estate wholesalers use this simple strategy. They buy the best deals for themselves an...
When a house isn't selling, it's important to take a step back and use a data-driven approach to und...
Take your real estate knowledge to the next level. These are the best real estate blogs that we beli...
Licensed home appraisers and home inspectors Baltimore directory. There are 225 active licensed home...
In the future, real estate transactions will not involve agents....
You have options when you sell your house. Compare the options to see which is best for you: On-Mark...
A data driven perspective of mortgage forbearance and foreclosure trends and the health of the U.S. ...
Fix and flip loans are short term hard money private loans for real estate investors (aka "flippers"...
Looking for licensed home improvement contractors in Baltimore? There are 1424 actively licensed hom...
These are the best real estate twitter accounts to follow. If you're on Twitter and you're intereste...
Don't let elevated DSCR loan interest rates stop you from growing your portfolio. The best rental pr...
Looking for hard money lenders in Maryland? This guide is for real estate investors who are looking ...
Every seller has a Sell My House Fast story to tell. Meet John, who received 3 offers in 24 hours an...
The fastest growing cities in Texas include Frisco, McKinney, Round Rock and Pearland. See the full,...
OfferMarket Capital now offers fixed rate and floating rate investment property HELOCs with credit l...
A DSCR Loan Program is a mortgage used by rental property investors. DSCR, debt service coverage rat...
Is now a good time to buy real estate? This is an important question that deserves careful considera...
Location, location, location is the most famous mantra of real estate. This article dives deeper to ...
Learn how to use bridge loans and DSCR rental loans to grow your portfolio with the BRRR method....
Interest rates are rising, here's what it means for real estate investors and consumers who are buyi...
The spread between DSCR Loan and Bridge Loan interest rates is narrowing. How does this affect your ...
Current and historical interest rates and fees for Bridge Loans. Based on best available nationwide ...
When using a bridge loan from a private lender to purchase, rehab, rent and refinance (BRRR), rememb...
Current and historical interest rates and origination fees for DSCR Loans. Based on best available n...
This week's market data and insights for real estate investors. Have we reached a breaking point?...
Wondering how to check if a property is considered rural? This article will provide you with the res...
Your dashboard for the most important housing market and economic data. Get the facts, form your own...
In this video we share our DSCR Loan interest rate insights and review prepayment penalty options th...
In real estate investing, when borrowing money, one of the most important and overlooked components ...
If you are a landlord, having the necessary insurance to safeguard your rental property is critical....
Multifamily bridge loans are short term, interest only loans for the purchase and renovation of 5+ u...
What are the best tools and methods of scrubbing your rental after a hoarder moves out...
Essential questions that you must ask your private lender or hard money lender...
Appraisers use a standardized property condition rating matrix on their appraisal report. Learn more...
There are several reasons why contractors should use their skills to create another income stream. U...
High interest rate environment is quickly become the new normal for the lending industry, adaptation...
If you're a real estate investor, you're no stranger to the sticker shock of lender fees on your set...
Before doing business with a private lender, use this checklist to avoid bad experiences and outrigh...