Texas' 15 Fastest-Growing Suburbs and the Salaries Needed To Afford Them
Everything’s bigger in Texas, including its many growing suburbs. Data from a recent MoneyLion study reveals the population in 15 Texas suburbs has increased by more than 30% from 2019-2024. Four suburbs in particular stand out for experiencing triple digit growth. Fulshear, Celina, Princeton and Melissa have each seen their respective populations increase by more than 112% within a five-year span.
MoneyLion found these suburbs from an existing study on America’s fastest-growing suburbs. This study defined suburbs as locations with a minimum of 5,000 total households which are not named cities in the metropolitan area. We analyzed each suburb’s total population and median household income. For this piece, we kept all Texas suburbs where the total population increase was 30% or greater within five years. Keep reading to find out which Texas suburbs are growing the fastest in The Lone Star State.
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1. Fulshear
Total population (2019): 9,906
Total population (2024): 34,868
5-year population change (%): 252%
Median household income: $187,035
Average home value: $505,439
Total cost of living annually: $61,196
2. Celina
Total population (2019): 11,116
Total population (2024): 34,268
5-year population change (%): 208.3%
Median household income: $170,894
Average home value: $548,113
Total cost of living annually: $61,415
3. Princeton
Total population (2019): 10,846
Total population (2024): 25,229
5-year population change (%): 132.6%
Median household income: $105,200
Average home value: $295,687
Total cost of living annually: $44,463
4. Melissa
Total population (2019): 9,487
Total population (2024): 20,136
5-year population change (%): 112.3%
Median household income: $138,763
Average home value: $435,108
Total cost of living annually: $53,763
5. Manor
Total population (2019): 9,974
Total population (2024): 18,603
5-year population change (%): 86.5%
Median household income: $84,529
Average home value: $321,741
Total cost of living annually: $47,328
6. Anna
Total population (2019): 13,052
Total population (2024): 24,330
5-year population change (%): 86.4%
Median household income: $105,593
Average home value: $348,409
Total cost of living annually: $47,978
7. Fate
Total population (2019): 12,787
Total population (2024): 22,884
5-year population change (%): 79%
Median household income: $132,752
Average home value: $359,914
Total cost of living annually: $50,776
8. Royse City
Total population (2019): 12,982
Total population (2024): 20,037
5-year population change (%): 54.3%
Median household income: $116,660
Average home value: $314,159
Total cost of living annually: $47,759
9. Forney
Total population (2019): 21,459
Total population (2024): 31,532
5-year population change (%): 46.9%
Median household income: $104,112
Average home value: $309,235
Total cost of living annually: $48,219
10. Glenn Heights
Total population (2019): 12,802
Total population (2024): 18,096
5-year population change (%): 41.4%
Median household income: $81,718
Average home value: $328,266
Total cost of living annually: $48,706
11. Hutto
Total population (2019): 25,320
Total population (2024): 35,483
5-year population change (%): 40.1%
Median household income: $118,834
Average home value: $341,450
Total cost of living annually: $48,713
12. Leander
Total population (2019): 53,716
Total population (2024): 74,067
5-year population change (%): 37.9%
Median household income: $139,048
Average home value: $433,251
Total cost of living annually: $54,697
13. Red Oak
Total population (2019): 12,724
Total population (2024): 17,077
5-year population change (%): 34.2%
Median household income: $104,561
Average home value: $342,272
Total cost of living annually: $49,447
14. Kyle
Total population (2019): 42,706
Total population (2024): 56,823
5-year population change (%): 33.1%
Median household income: $90,323
Average home value: $301,838
Total cost of living annually: $46,714
15. Midlothian
Total population (2019): 29,743
Total population (2024): 39,356
5-year population change (%): 32.3%
Median household income: $126,641
Average home value: $447,289
Total cost of living annually: $56,741
Methodology: MoneyLion defined suburbs as locations with at least 5,000 total households and not being a named city in the metropolitan area. Using the U.S. Census 2019 and 2024 ACS, the total population, total households and median household income were all sourced. Only the locations with at least a 20% increase in total population from 2019 to 2024 were kept for this study. Cost-of-living indexes were sourced from Sperling's BestPlaces and national average expenditure costs for all households from the Bureau of Labor Statistics Consumer Expenditure Survey. The average home value was sourced from Zillow Home Value Index. Assuming a 10% down payment and using the national average 30-year fixed mortgage rate of 6.38%, as sourced from the Federal Reserve Economic Data on March 27, the average mortgage was calculated for each suburb. Using the average expenditure and mortgage costs, the total cost of living was calculated for each location. The suburbs were sorted to show the largest 5-year increase in total population. All data is up to date as of March 27, 2026.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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