Dallas-Fort Worth MSA

The Dallas-Fort Worth MSA’s migration momentum is reversing — and the data reveals who's driving the shift. According to ALEX Intelligence’s latest analysis, the region experienced a net decline of 9,723 households in migration between 2021-22 and 2022-23, signaling a structural shift in population dynamics. This data, drawn from U.S. Internal Revenue Service migration flows, shows that Cooke County, TX, leads the reversal, followed by Grayson and Palo Pinto counties — suggesting that the DFW MSA’s internal migration engine is weakening. The decline in inflows from Florida and Virginia also indicates that external migration is plateauing. This is not a temporary dip, but a sign of long-term recalibration. How will developers and investors adapt? Photos via Wikimedia Commons: Slide 1: DerekAyala27 (CC BY 4.0) https://commons.wikimedia.org/?curid=145418881; Slide 2: Michael Barera (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=79706094; Slide 3: Michael Barera (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=41394199; Slide 4: Michael Barera (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=44214708 Year-Over-Year Change in Net Migration, top 10 (ALEX Intelligence — U.S. Internal Revenue Service 2023) #1 Cooke County, TX — 146 #2 Grayson County, TX — 141 #3 Volusia County, FL — 138 #4 Palo Pinto County, TX — 128 #5 Van Zandt County, TX — 108 #6 El Paso County, TX — 107 #7 Lee County, FL — 106 #8 Montague County, TX — 106 #9 Hopkins County, TX — 104 #10 Virginia Beach city, VA — 98 Source: https://alex-companies.com/data/2026-10-17-dfw-msa-mig-trend-net View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator. Diane Hart Alexander, MBA, MHA Chair & CEO, ALEX Companies Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574877-B · Broker License #565194-BB [email protected] · +1 713.591.9902
Source data: Source: U.S. Internal Revenue Service, Statistics of Income Migration Data, county-to-county inflows, 2021-22 and 2022-23 · ALEX Intelligence computation
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
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