Beaumont, Texas Income Statistics
Beaumont 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.
-
C
Beaumont Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Beaumont | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,433 | $78,939 | $80,455 |
| Median Personal Income | $48,652 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.8% | 4.6% | 4.8% |
| Six-Figure Earners | 8.3% | 13.0% | 13.9% |
| $200k+ Households | 5.5% | 12.5% | 13.2% |
The median household income in Beaumont is about 27% lower than in Texas. Income has been growing slower in Beaumont (3.8%/yr) than in Texas (4.6%/yr).
About 8% of adults in Beaumont 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 Beaumont, Texas grew by 44.7% from 2009 to 2024, reaching $57,433 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Beaumont
| Metric | Beaumont | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.565 | 0.570 | 0.552 |
| Male Median Income | $54,420 | $66,147 | $69,667 |
| Female Median Income | $46,122 | $53,058 | $56,850 |
| Gender Pay Gap | 15.2% | 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 Beaumont, it is 0.565, about the same as Texas's 0.570, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 18% more than women's income in Beaumont, Texas. Over a 35-year career, a 18% wage gap accumulates to roughly $290,430 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Beaumont, Texas has narrowed from about 31% to 15% in 2024. Over that period the gap was widest at 32% in 2010. In dollar terms, the gap has narrowed by $4,936 since 2009.
Employment
| Metric | Beaumont | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.4% | 5.2% | 5.2% |
| Working from Home | 4.5% | 14.4% | 15.0% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 3,331 people are unemployed in Beaumont, Texas.
The average commute time in Beaumont is 18 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Beaumont, Texas has fallen from 10.1% to 6.4% in 2024. Over that period the rate peaked at 10.9% in 2013 and fell as low as 4.0% in 2019.
Conclusion
Considering all these factors, Beaumont, Texas has an overall wealth index grade of C, making it about on par with Texas, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Beaumont, Texas.
How Rich Is Beaumont, Texas?
Beaumont has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $57,433, about 27% lower than the Texas average of $78,939.
Are incomes growing in Beaumont, Texas?
Between 2009 and 2024, the median household income in Beaumont, Texas rose 45%, from $39,680 to $57,433. Over the same years, income here lagged behind Texas as a whole: +45% against +64%.
What was the median household income in Beaumont in 2023?
In 2023, the median household income in Beaumont, Texas was $57,846, up 8% from $53,464 in 2022. The Texas median that year was $76,528.
What was the median household income in Beaumont in 2020?
In 2020, the median household income in Beaumont, Texas was $48,336. By 2024 it had risen 19% to $57,433.
What is the Gini coefficient in Beaumont, Texas?
The Gini coefficient in Beaumont is 0.565. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Beaumont, Texas?
Since 2009, the income gap between men and women in Beaumont, Texas has narrowed from about 31% to 15% in 2024. Over that period the gap was widest at 32% in 2010. In dollar terms, the gap has narrowed by $4,936 since 2009.
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