Balch Springs, Texas Income Statistics

Balch Springs 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
    Balch Springs Well below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Balch Springs Texas Avg US Average
Median Household Income $66,753 $78,939 $80,455
Median Personal Income $45,608 $56,913 $60,758
Average Yearly Income Growth 6.7% 4.6% 4.8%
Six-Figure Earners 3.0% 13.0% 13.9%
$200k+ Households 2.7% 12.5% 13.2%

The median household income in Balch Springs is about 15% lower than in Texas. Income has been growing faster in Balch Springs (6.7%/yr) than in Texas (4.6%/yr).

About 3% of adults in Balch Springs 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

Balch Springs
United States

Median household income in Balch Springs, Texas grew by 70.8% from 2009 to 2024, reaching $66,753 in 2024. That's an average of about 6.7% per year.

Balch Springs has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2023, at 16% lower. The gap has narrowed from 24% in 2009 to 17% in 2024.

Year Balch Springs United States

Income Distribution in Balch Springs

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Balch Springs
United States

Income range calculator

About 2,659 households (27.8% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 16.1% of households in Balch Springs had an income under $35,000 and 10.3% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Balch Springs has a larger share of households earning $35,000 to $49,999 (18.2% vs 10.1%) and a smaller share earning $200,000 or more (2.7% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 246 2.6% 5.1%
$10,000 to $14,999 318 3.3% 3.5%
$15,000 to $24,999 500 5.2% 6.4%
$25,000 to $34,999 476 5.0% 6.7%
$35,000 to $49,999 1,737 18.2% 10.1%
$50,000 to $74,999 2,143 22.5% 15.5%
$75,000 to $99,999 1,468 15.4% 12.6%
$100,000 to $149,999 1,675 17.5% 17.4%
$150,000 to $199,999 724 7.6% 9.5%
$200,000 or more 260 2.7% 13.2%

Shares are of all 9,548 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Balch Springs

Metric Balch Springs Texas Avg US Average
Gini Coefficient 0.541 0.570 0.552
Male Median Income $48,325 $66,147 $69,667
Female Median Income $48,927 $53,058 $56,850
Gender Pay Gap -1.2% 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 Balch Springs, it is 0.541, lower than Texas's 0.570, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Women's income is about 1% more than men's income in Balch Springs, Texas. Over a 35-year career, a 1% wage gap accumulates to roughly $21,070 in unearned income for male workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Balch Springs, Texas has narrowed from about 4% to -1% in 2024. Over that period the gap was widest at 12% in 2013, and in 2023 women out-earned men by 14%. In dollar terms, the gap has narrowed by $1,907 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Balch Springs Texas Avg US Average
Unemployment Rate 7.2% 5.2% 5.2%
Working from Home 9.6% 14.4% 15.0%
Commute time (minutes) 31 22 22

Approximately 1,104 people are unemployed in Balch Springs, Texas.

The average commute time in Balch Springs is 31 minutes, longer than the 22 minutes in Texas.

Unemployment Rate Over Time

Balch Springs
United States

Since 2011, the unemployment rate in Balch Springs, Texas has fallen from 7.7% to 7.2% in 2024. Over that period the rate peaked at 10.0% in 2014 and fell as low as 4.6% in 2019.

Balch Springs has crossed the U.S. unemployment rate 5 times since 2011, most recently moving above it by 2020. In 2024 its rate was 2.0 points higher.

Year Balch Springs United States

Balch Springs, TX Wealth Compared With Nearby Cities

How Balch Springs, TX compares with the 1 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Balch Springs, TX 32,011 $66,753 #2/2 6.7%/yr #1/2 7.2% #2/2 0.541 #2/2
Mesquite, TX 150,839 $72,469 4.6%/yr 5.4% 0.532

Conclusion

Considering all these factors, Balch Springs, 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 Balch Springs, Texas.

How Rich Is Balch Springs, Texas?

Balch Springs 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 $66,753, about 15% lower than the Texas average of $78,939.

How has median household income changed in Balch Springs, Texas?

Between 2009 and 2024, the median household income in Balch Springs, Texas rose 71%, from $39,071 to $66,753. Over the same years, income here outpaced Texas as a whole: +71% against +64%.

What was the median household income in Balch Springs in 2023?

In 2023, the median household income in Balch Springs, Texas was $65,549, up 15% from $56,961 in 2022. The Texas median that year was $76,528.

What was the median household income in Balch Springs in 2020?

In 2020, the median household income in Balch Springs, Texas was $51,630. By 2024 it had risen 29% to $66,753.

Is it hard to find a job in Balch Springs, Texas?

Unemployment in Balch Springs, Texas is 7.2%, well above the Texas rate of 5.2%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Balch Springs, Texas?

The Gini coefficient in Balch Springs is 0.541. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Balch Springs, Texas?

Since 2009, the income gap between men and women in Balch Springs, Texas has narrowed from about 4% to -1% in 2024. Over that period the gap was widest at 12% in 2013, and in 2023 women out-earned men by 14%. In dollar terms, the gap has narrowed by $1,907 since 2009.

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