Colleyville, Texas Income Statistics
Colleyville 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.
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A+
Colleyville Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Colleyville | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $196,093 | $78,939 | $80,455 |
| Median Personal Income | $120,662 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.5% | 4.6% | 4.8% |
| Six-Figure Earners | 36.1% | 13.0% | 13.9% |
| $200k+ Households | 49.1% | 12.5% | 13.2% |
The median household income in Colleyville is about 148% higher than in Texas. Income has been growing slower in Colleyville (3.5%/yr) than in Texas (4.6%/yr).
About 36% of adults in Colleyville earn six figures ($100,000 or more) a year, higher than the Texas average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Colleyville, Texas grew by 42.7% from 2009 to 2024, reaching $196,093 in 2024. That's an average of about 3.5% per year.
Income Inequality and the Gender Pay Gap in Colleyville
| Metric | Colleyville | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.509 | 0.570 | 0.552 |
| Male Median Income | $131,519 | $66,147 | $69,667 |
| Female Median Income | $105,551 | $53,058 | $56,850 |
| Gender Pay Gap | 19.7% | 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 Colleyville, it is 0.509, lower than Texas's 0.570, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 25% more than women's income in Colleyville, Texas. Over a 35-year career, a 25% wage gap accumulates to roughly $908,880 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Colleyville, Texas has narrowed from about 45% to 20% in 2024. Over that period the gap was widest at 48% in 2013. In dollar terms, the gap has narrowed by $24,404 since 2009.
Employment
| Metric | Colleyville | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 5.2% | 5.2% |
| Working from Home | 29.6% | 14.4% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 383 people are unemployed in Colleyville, Texas.
The average commute time in Colleyville is 23 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Colleyville, Texas has fallen from 4.5% to 2.7% in 2024. Over that period the rate peaked at 5.0% in 2013.
Colleyville, TX Wealth Compared With Nearby Cities
Colleyville, TX is the smallest of the 6 cities compared here, 28,670 residents against a local median of 48,555. Where Colleyville, TX breaks from the cities next to it is median household income, sitting 135% above the local median of $83,405 at $196,093. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 2.7% against a local median of 3.2%, 15% below it. Every measure here with a clear better direction points the same way, so Colleyville, TX is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread $136,983 on median household income, so Colleyville, TX sits at one end of an already wide local range rather than apart from it. Colleyville, TX has the 2nd highest median household income 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. |
|---|---|---|---|---|---|
| Colleyville, TX | 28,670 | $196,093 #2/6 | 3.5%/yr #3/6 | 2.7% #2/6 | 0.509 #2/6 |
| Bedford, TX | 48,555 | $83,405 | 3.5%/yr | 4.6% | 0.504 |
| Southlake, TX | 33,103 | $209,565 | 2.8%/yr | 2.5% | 0.550 |
| Hurst, TX | 39,545 | $72,582 | 2.9%/yr | 3.1% | 0.524 |
| North Richland Hills, TX | 71,246 | $97,487 | 5.3%/yr | 3.2% | 0.522 |
| Euless, TX | 61,030 | $82,908 | 4.9%/yr | 5.5% | 0.513 |
Conclusion
Considering all these factors, Colleyville, Texas has an overall wealth index grade of A+, making it far better than Texas, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Colleyville, Texas.
How Rich Is Colleyville, Texas?
Colleyville has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $196,093, about 148% higher than the Texas average of $78,939.
How has median household income changed in Colleyville, Texas?
Between 2009 and 2024, the median household income in Colleyville, Texas rose 43%, from $137,421 to $196,093. Over the same years, income here lagged behind Texas as a whole: +43% against +64%.
What was the median household income in Colleyville in 2023?
In 2023, the median household income in Colleyville, Texas was $186,855, up 5% from $178,531 in 2022. The Texas median that year was $76,528.
What was the median household income in Colleyville in 2020?
In 2020, the median household income in Colleyville, Texas was $160,858. By 2024 it had risen 22% to $196,093.
How many people earn six figures in Colleyville, Texas?
Yes. 36% of adults in Colleyville, Texas earn $100,000 or more a year (about 1 in 3), against 13% (about 1 in 8) in Texas. 49% of households have a combined income of $200,000 or more, compared with 12% in Texas.
How strong is the job market in Colleyville, Texas?
Unemployment in Colleyville, Texas is only 2.7%, 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 Colleyville, Texas?
The Gini coefficient in Colleyville is 0.509. 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 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Colleyville, Texas?
Since 2009, the income gap between men and women in Colleyville, Texas has narrowed from about 45% to 20% in 2024. Over that period the gap was widest at 48% in 2013. In dollar terms, the gap has narrowed by $24,404 since 2009.
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