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 | Camp County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $54,532 | $76,510 | $78,145 |
| Median Personal Income | $48,605 | $58,415 | $61,726 |
| Average income growth | 4.6% | 4.8% | 5.1% |
| Six-Figure Earners | 5.8% | 12.4% | 13.2% |
The median household income in Camp County is about 29% lower than in Texas. Income has been growing slower in Camp County (4.6%/yr) than in Texas (4.8%/yr).
About 6% of adults in Camp 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 Camp County, Texas grew by 61.1% from 2009 to 2023, reaching $54,532 in 2023. That's an average of about 4.6% per year.
Economic Inequality in Camp County | Gender Pay Gap | Gini Coefficient
| Metric | Camp County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.521 | 0.587 | 0.570 |
| Male Median Income | $56,677 | $64,517 | $67,746 |
| Female Median Income | $41,058 | $51,419 | $54,793 |
| Gender Pay Gap | 27.6% | 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 Camp County, it is 0.521, 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 38% more than women's income in Camp County, Texas. Over a 35-year career, a 38% wage gap accumulates to roughly $546,665 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Camp County, Texas has widened from about 11% to 28% in 2023. In dollar terms, the gap has widened by $12,581 since 2009.
Employment
| Metric | Camp County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.8% | 5.1% | 5.2% |
| Working from Home | 6.8% | 12.8% | 13.4% |
| Commute time (minutes) | 20 | 22 | 22 |
Approximately 319 people are unemployed in Camp County, Texas.
The average commute time in Camp County is 20 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Camp County, Texas has fallen from 8.1% to 5.8% in 2023.
Conclusion
Considering all these factors, Camp 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 Camp County, Texas.
How Rich Is Camp County, Texas?
Camp 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 $54,532, about 29% lower than the Texas average of $76,510.
What is the current median household income in Camp County, Texas?
As of 2023, the median household income in Camp County, Texas is $54,532.
What was the median household income in Camp County in 2023?
In 2023, the median household income in Camp County, Texas was $54,532.
What was the median household income in Camp County in 2020?
In 2020, the median household income in Camp County, Texas was $49,366.
What is the Gini coefficient in Camp County, Texas?
The Gini coefficient in Camp County is 0.521. 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 Camp County, Texas?
Since 2009, the income gap between men and women in Camp County, Texas has widened from about 11% to 28% in 2023. In dollar terms, the gap has widened by $12,581 since 2009.