Baylor County, Texas Income Statistics
Baylor County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Baylor County Well below averageLess wealthy than 70% of counties in Texas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Baylor County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $45,286 | $78,939 | $80,455 |
| Median Personal Income | $47,547 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.6% | 4.8% |
| Six-Figure Earners | 5.9% | 13.0% | 13.9% |
| $200k+ Households | 6.1% | 12.5% | 13.2% |
The median household income in Baylor County is about 43% lower than in Texas. Income has been growing slower in Baylor County (3.9%/yr) than in Texas (4.6%/yr).
About 6% of adults in Baylor County 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 Baylor County, Texas grew by 36.1% from 2009 to 2024, reaching $45,286 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Baylor County
| Metric | Baylor County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.549 | 0.570 | 0.552 |
| Male Median Income | $48,138 | $66,147 | $69,667 |
| Female Median Income | $55,087 | $53,058 | $56,850 |
| Gender Pay Gap | -14.4% | 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 Baylor County, it is 0.549, 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.
Women's income is about 14% more than men's income in Baylor County, Texas. Over a 35-year career, a 14% wage gap accumulates to roughly $243,215 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Baylor County, Texas has narrowed from about 35% to -14% in 2024. In dollar terms, the gap has narrowed by $19,629 since 2009.
Employment
| Metric | Baylor County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 5.2% | 5.2% |
| Working from Home | 3.6% | 14.4% | 15.0% |
| Commute time (minutes) | 8 | 22 | 22 |
Approximately 68 people are unemployed in Baylor County, Texas.
The average commute time in Baylor County is 8 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Baylor County, Texas has fallen from 4.9% to 4.5% in 2024. Over that period the rate fell as low as 1.1% in 2022.
Baylor County, TX Wealth Compared With Nearby Counties
Baylor County, TX is the 4th largest of the 6 counties compared here, 3,485 residents against a local median of 8,867. Where Baylor County, TX breaks from the counties next to it is unemployment, sitting 33% above the local median of 3.4% at 4.5%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $45,286 against a local median of $58,874, 23% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Baylor County, TX reads weaker than its neighbours on all of them. The counties themselves spread 8.0% on unemployment, so Baylor County, TX sits at one end of an already wide local range rather than apart from it. Baylor County, TX has the 4th lowest unemployment of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Baylor County, TX | 3,485 | $45,286 #6/6 | 3.9%/yr #4/6 | 4.5% #4/6 | 0.549 #4/6 |
| Throckmorton County, TX | 1,639 | $57,499 | 5.3%/yr | 8.3% | 0.566 |
| Wilbarger County, TX | 12,616 | $56,633 | 3.4%/yr | 9.3% | 0.542 |
| Archer County, TX | 8,867 | $73,392 | 1.8%/yr | 3.0% | 0.529 |
| Knox County, TX | 3,307 | $58,874 | 4.6%/yr | 1.3% | 0.549 |
| Wichita County, TX | 129,995 | $64,006 | 4.4%/yr | 3.4% | 0.554 |
Conclusion
Considering all these factors, Baylor County, 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 Baylor County, Texas.
How Rich Is Baylor County, Texas?
Baylor County 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 $45,286, about 43% lower than the Texas average of $78,939.
Are incomes growing in Baylor County, Texas?
Between 2009 and 2024, the median household income in Baylor County, Texas rose 36%, from $33,267 to $45,286. Over the same years, income here lagged behind Texas as a whole: +36% against +64%.
What was the median household income in Baylor County in 2023?
In 2023, the median household income in Baylor County, Texas was $43,826, down 15% from $51,522 in 2022. The Texas median that year was $76,528.
What was the median household income in Baylor County in 2020?
In 2020, the median household income in Baylor County, Texas was $41,891. By 2024 it had risen 8% to $45,286.
What is the Gini coefficient in Baylor County, Texas?
The Gini coefficient in Baylor County is 0.549. 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 Baylor County, Texas?
Since 2009, the income gap between men and women in Baylor County, Texas has narrowed from about 35% to -14% in 2024. In dollar terms, the gap has narrowed by $19,629 since 2009.
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