Collin County
Texas ยท Pop. 1,205,163
Ranked #91 of 200 counties
42Moderate
Median Home Price
๐$450K
3.5% YoY
Median Rent
๐$1,800
Median Income
๐ฐ$95K
Rent Burden
๐25.5%
% of income to rent
Housing Shortage
๐๏ธ35,000
estimated unit deficit
Building Permits (2024)
๐14,000
Price-to-Income Ratio
โ๏ธ4.7x
Homeownership Rate
๐ก68.0%
How Collin County Compares
| Metric | Collin County | Texas | National |
|---|---|---|---|
| Home Price | $450K | $297K | $410K |
| Rent | $1,800 | $1,413 | $1,500 |
| Income | $95K | $76K | $75K |
| Rent Burden | 25.5% | 32.0% | 30.0% |
| Homeownership | 68.0% | 63.0% | 65.0% |
Key Takeaways
- โข Home prices are 10% above the national average.
- โข Rent is 20% above the national average.
- โข The county has an estimated housing shortage of 35,000 units.
- โข 14,000 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.5%.