Collin County

Texas ยท Pop. 1,205,163

Ranked #91 of 200 counties

42Moderate

Median Home Price

๐Ÿ 

$450K

3.5% YoY

Median Rent

๐Ÿ”‘

$1,800

Median Income

๐Ÿ’ฐ

$95K

Rent Burden

๐Ÿ“Š

25.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

35,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

14,000

Price-to-Income Ratio

โš–๏ธ

4.7x

Homeownership Rate

๐Ÿก

68.0%

How Collin County Compares

MetricCollin CountyTexasNational
Home Price$450K$297K$410K
Rent$1,800$1,413$1,500
Income$95K$76K$75K
Rent Burden25.5%32.0%30.0%
Homeownership68.0%63.0%65.0%

Key Takeaways

  • โ€ข Home prices are 10% above the national average.
  • โ€ข Rent is 20% above the national average.
  • โ€ข The county has an estimated housing shortage of 35,000 units.
  • โ€ข 14,000 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.5%.