Wealth Index
Wealthier than 77% of counties in Texas
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 | Burleson County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $72,193 | $76,510 | $78,145 |
| Median Personal Income | $55,714 | $58,415 | $61,726 |
| Average income growth | 4.3% | 4.8% | 5.1% |
| Six-Figure Earners | 9.1% | 12.4% | 13.2% |
The median household income in Burleson County is about 6% lower than in Texas. Income has been growing slower in Burleson County (4.3%/yr) than in Texas (4.8%/yr).
About 9% of adults in Burleson 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 Burleson County, Texas grew by 82.8% from 2009 to 2023, reaching $72,193 in 2023. That's an average of about 4.3% per year.
Economic Inequality in Burleson County | Gender Pay Gap | Gini Coefficient
| Metric | Burleson County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.561 | 0.587 | 0.570 |
| Male Median Income | $59,999 | $64,517 | $67,746 |
| Female Median Income | $49,971 | $51,419 | $54,793 |
| Gender Pay Gap | 16.7% | 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 Burleson County, it is 0.561, lower than Texas's 0.587, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 20% more than women's income in Burleson County, Texas. Over a 35-year career, a 20% wage gap accumulates to roughly $350,980 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Burleson County, Texas has narrowed from about 27% to 17% in 2023. In dollar terms, the gap has narrowed by $896 since 2009.
Employment
| Metric | Burleson County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.9% | 5.1% | 5.2% |
| Working from Home | 14.3% | 12.8% | 13.4% |
| Commute time (minutes) | 28 | 22 | 22 |
Approximately 242 people are unemployed in Burleson County, Texas.
The average commute time in Burleson County is 28 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Burleson County, Texas has fallen from 6.0% to 2.9% in 2023.
Conclusion
Considering all these factors, Burleson 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 Burleson County, Texas.
How Rich Is Burleson County, Texas?
Burleson 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 $72,193, about 6% lower than the Texas average of $76,510.
What is the current median household income in Burleson County, Texas?
As of 2023, the median household income in Burleson County, Texas is $72,193.
What was the median household income in Burleson County in 2023?
In 2023, the median household income in Burleson County, Texas was $72,193.
What was the median household income in Burleson County in 2020?
In 2020, the median household income in Burleson County, Texas was $60,029.
What is the Gini coefficient in Burleson County, Texas?
The Gini coefficient in Burleson County is 0.561. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Burleson County, Texas?
Since 2009, the income gap between men and women in Burleson County, Texas has narrowed from about 27% to 17% in 2023. In dollar terms, the gap has narrowed by $896 since 2009.