Castro County, Texas Income Statistics
Castro 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
Castro County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Castro County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $53,146 | $78,939 | $80,455 |
| Median Personal Income | $48,823 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.3% | 4.6% | 4.8% |
| Six-Figure Earners | 7.7% | 13.0% | 13.9% |
| $200k+ Households | 4.8% | 12.5% | 13.2% |
The median household income in Castro County is about 33% lower than in Texas. Income has been growing slower in Castro County (3.3%/yr) than in Texas (4.6%/yr).
About 8% of adults in Castro 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 Castro County, Texas grew by 52.4% from 2009 to 2024, reaching $53,146 in 2024. That's an average of about 3.3% per year.
Income Inequality and the Gender Pay Gap in Castro County
| Metric | Castro County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.607 | 0.570 | 0.552 |
| Male Median Income | $49,383 | $66,147 | $69,667 |
| Female Median Income | $48,270 | $53,058 | $56,850 |
| Gender Pay Gap | 2.3% | 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 Castro County, it is 0.607, higher than Texas's 0.570, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 2% more than women's income in Castro County, Texas. Over a 35-year career, a 2% wage gap accumulates to roughly $38,955 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Castro County, Texas has narrowed from about 6% to 2% in 2024. Over that period the gap was widest at 33% in 2016. In dollar terms, the gap has narrowed by $715 since 2009.
Employment
| Metric | Castro County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 5.2% | 5.2% |
| Working from Home | 3.2% | 14.4% | 15.0% |
| Commute time (minutes) | 11 | 22 | 22 |
Approximately 130 people are unemployed in Castro County, Texas.
The average commute time in Castro County is 11 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Castro County, Texas has fallen from 4.3% to 3.7% in 2024. Over that period the rate peaked at 6.1% in 2013 and fell as low as 1.5% in 2020.
Castro County, TX Wealth Compared With Nearby Counties
Castro County, TX is the 5th largest of the 6 counties compared here, 7,344 residents against a local median of 12,828. The measure that sets Castro County, TX apart most is unemployment: 3.7%, 28% above the local median of 2.9%. That is the weaker end of the local range on this measure.
The counties themselves spread 2.2% on unemployment, so Castro County, TX sits at one end of an already wide local range rather than apart from it. Castro County, TX has the 5th 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. |
|---|---|---|---|---|---|
| Castro County, TX | 7,344 | $53,146 #5/6 | 3.3%/yr #4/6 | 3.7% #5/6 | 0.607 #5/6 |
| Lamb County, TX | 12,828 | $61,051 | 5.0%/yr | 2.1% | 0.553 |
| Parmer County, TX | 9,731 | $72,449 | 5.1%/yr | 2.6% | 0.546 |
| Swisher County, TX | 6,937 | $37,009 | 0.8%/yr | 4.3% | 0.610 |
| Deaf Smith County, TX | 18,460 | $61,471 | 3.2%/yr | 3.5% | 0.557 |
| Randall County, TX | 146,053 | $83,136 | 3.5%/yr | 2.9% | 0.535 |
Conclusion
Considering all these factors, Castro 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 Castro County, Texas.
How Rich Is Castro County, Texas?
Castro 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 $53,146, about 33% lower than the Texas average of $78,939.
How has median household income changed in Castro County, Texas?
Between 2009 and 2024, the median household income in Castro County, Texas rose 52%, from $34,877 to $53,146. Over the same years, income here lagged behind Texas as a whole: +52% against +64%.
What was the median household income in Castro County in 2023?
In 2023, the median household income in Castro County, Texas was $64,025, up 7% from $59,956 in 2022. The Texas median that year was $76,528.
What was the median household income in Castro County in 2020?
In 2020, the median household income in Castro County, Texas was $49,835. By 2024 it had risen 7% to $53,146.
Is unemployment high in Castro County, Texas?
Unemployment in Castro County, Texas is only 3.7%, well below the Texas rate of 5.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Castro County, Texas?
The Gini coefficient in Castro County is 0.607. 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 Castro County, Texas?
Since 2009, the income gap between men and women in Castro County, Texas has narrowed from about 6% to 2% in 2024. Over that period the gap was widest at 33% in 2016. In dollar terms, the gap has narrowed by $715 since 2009.
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