Wealth Index
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.
Income Statistics Overview
| Metric | Bexar County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,621 | $76,510 | $78,145 |
| Median Personal Income | $54,011 | $58,415 | $61,726 |
| Average income growth | 4.3% | 4.8% | 5.1% |
| Six-Figure Earners | 9.9% | 12.4% | 13.2% |
The median household income in Bexar County is about 8% lower than in Texas. Income has been growing slower in Bexar County (4.3%/yr) than in Texas (4.8%/yr).
About 10% of adults in Bexar County earn six figures ($100,000 or more) a year, lower than the Texas average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Bexar County, Texas grew by 54.5% from 2009 to 2023, reaching $70,621 in 2023. That's an average of about 4.3% per year.
Economic Inequality in Bexar County | Gender Pay Gap | Gini Coefficient
| Metric | Bexar County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.575 | 0.587 | 0.570 |
| Male Median Income | $58,987 | $64,517 | $67,746 |
| Female Median Income | $48,909 | $51,419 | $54,793 |
| Gender Pay Gap | 17.1% | 20.3% | 19.1% |
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 Bexar County, it is 0.575, lower than Texas's 0.587, so income is more evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 21% more than women's income in Bexar County, Texas. Over a 35-year career, a 21% wage gap accumulates to roughly $352,730 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bexar County, Texas has widened from about 15% to 17% in 2023. In dollar terms, the gap has widened by $4,288 since 2009.
Employment
| Metric | Bexar County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.3% | 5.1% | 5.2% |
| Working from Home | 12.8% | 12.8% | 13.4% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 56,076 people are unemployed in Bexar County, Texas.
The average commute time in Bexar County is 22 minutes, about the same as in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bexar County, Texas has fallen from 7.1% to 5.3% in 2023.
Conclusion
Considering all these factors, Bexar County, 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 Bexar County, Texas.
How Rich Is Bexar County, Texas?
Bexar County 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 $70,621, about 8% lower than the Texas average of $76,510.
What is the current median household income in Bexar County, Texas?
As of 2023, the median household income in Bexar County, Texas is $70,621.
What was the median household income in Bexar County in 2023?
In 2023, the median household income in Bexar County, Texas was $70,621.
What was the median household income in Bexar County in 2020?
In 2020, the median household income in Bexar County, Texas was $58,384.
What is the Gini coefficient in Bexar County, Texas?
The Gini coefficient in Bexar County is 0.575. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Bexar County, Texas?
Since 2009, the income gap between men and women in Bexar County, Texas has widened from about 15% to 17% in 2023. In dollar terms, the gap has widened by $4,288 since 2009.