Abilene, Texas Income Statistics
Abilene Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Abilene Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Abilene | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,729 | $78,939 | $80,455 |
| Median Personal Income | $45,192 | $56,913 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.6% | 4.8% |
| Six-Figure Earners | 6.4% | 13.0% | 13.9% |
| $200k+ Households | 4.8% | 12.5% | 13.2% |
The median household income in Abilene is about 23% lower than in Texas. Income has been growing slower in Abilene (4.5%/yr) than in Texas (4.6%/yr).
About 6% of adults in Abilene earn six figures ($100,000 or more) a year, lower than the Texas average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Abilene, Texas grew by 60.0% from 2009 to 2024, reaching $60,729 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Abilene
| Metric | Abilene | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.570 | 0.552 |
| Male Median Income | $51,712 | $66,147 | $69,667 |
| Female Median Income | $43,944 | $53,058 | $56,850 |
| Gender Pay Gap | 15.0% | 19.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Abilene, it is 0.554, lower than Texas's 0.570, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 18% more than women's income in Abilene, Texas. Over a 35-year career, a 18% wage gap accumulates to roughly $271,880 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Abilene, Texas has narrowed from about 16% to 15% in 2024. Over that period the gap was widest at 24% in 2014, and was narrowest at 15% in 2021. In dollar terms, the gap has widened by $2,384 since 2009.
Employment
| Metric | Abilene | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 5.2% | 5.2% |
| Working from Home | 7.9% | 14.4% | 15.0% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 1,528 people are unemployed in Abilene, Texas.
The average commute time in Abilene is 13 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Abilene, Texas has fallen from 5.4% to 2.7% in 2024. Over that period the rate peaked at 6.8% in 2013 and fell as low as 2.4% in 2023.
Conclusion
Considering all these factors, Abilene, Texas has an overall wealth index grade of D, making it somewhat worse than Texas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Abilene, Texas.
How Wealthy Is Abilene, Texas?
Abilene has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $60,729, about 23% lower than the Texas average of $78,939.
How has median household income changed in Abilene, Texas?
Between 2009 and 2024, the median household income in Abilene, Texas rose 60%, from $37,955 to $60,729. Over the same years, income here lagged behind Texas as a whole: +60% against +64%.
What was the median household income in Abilene in 2023?
In 2023, the median household income in Abilene, Texas was $60,419, up 5% from $57,638 in 2022. The Texas median that year was $76,528.
What was the median household income in Abilene in 2020?
In 2020, the median household income in Abilene, Texas was $50,870. By 2024 it had risen 19% to $60,729.
Is it hard to find a job in Abilene, Texas?
Unemployment in Abilene, Texas is only 2.7%, well below the Texas rate of 5.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Abilene, Texas?
The Gini coefficient in Abilene is 0.554. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Abilene, Texas?
Since 2009, the income gap between men and women in Abilene, Texas has narrowed from about 16% to 15% in 2024. Over that period the gap was widest at 24% in 2014, and was narrowest at 15% in 2021. In dollar terms, the gap has widened by $2,384 since 2009.
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