Collingsworth County, Texas Income Statistics
Collingsworth 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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C
Collingsworth County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Collingsworth County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,756 | $78,939 | $80,455 |
| Median Personal Income | $42,051 | $56,913 | $60,758 |
| Average Yearly Income Growth | 6.2% | 4.6% | 4.8% |
| Six-Figure Earners | 7.9% | 13.0% | 13.9% |
| $200k+ Households | 4.4% | 12.5% | 13.2% |
The median household income in Collingsworth County is about 20% lower than in Texas. Income has been growing faster in Collingsworth County (6.2%/yr) than in Texas (4.6%/yr).
About 8% of adults in Collingsworth 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 Collingsworth County, Texas grew by 58.5% from 2009 to 2024, reaching $62,756 in 2024. That's an average of about 6.2% per year.
Income Inequality and the Gender Pay Gap in Collingsworth County
| Metric | Collingsworth County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.513 | 0.570 | 0.552 |
| Male Median Income | $58,332 | $66,147 | $69,667 |
| Female Median Income | $38,035 | $53,058 | $56,850 |
| Gender Pay Gap | 34.8% | 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 Collingsworth County, it is 0.513, 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 53% more than women's income in Collingsworth County, Texas. Over a 35-year career, a 53% wage gap accumulates to roughly $710,395 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Collingsworth County, Texas has narrowed from about 60% to 35% in 2024. Over that period the gap was narrowest at 2% in 2020. In dollar terms, the gap has narrowed by $9,082 since 2009.
Employment
| Metric | Collingsworth County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.1% | 5.2% | 5.2% |
| Working from Home | 8.4% | 14.4% | 15.0% |
| Commute time (minutes) | 7 | 22 | 22 |
Approximately 14 people are unemployed in Collingsworth County, Texas.
The average commute time in Collingsworth County is 7 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Collingsworth County, Texas has fallen from 3.4% to 1.1% in 2024. Over that period the rate peaked at 8.9% in 2019.
Collingsworth County, TX Wealth Compared With Nearby Counties
Collingsworth County, TX is the 5th largest of the 6 counties compared here, 2,588 residents against a local median of 3,257. Collingsworth County, TX's unemployment, at 1.1%, runs 77% below the 4.8% typical of the counties around it. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 6.2%/yr against a local median of 4.7%/yr, 33% above it. Every measure here with a clear better direction points the same way, so Collingsworth County, TX is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 8.0% on unemployment, so Collingsworth County, TX sits at one end of an already wide local range rather than apart from it. Collingsworth County, TX has the 2nd 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. |
|---|---|---|---|---|---|
| Collingsworth County, TX | 2,588 | $62,756 #1/6 | 6.2%/yr #2/6 | 1.1% #2/6 | 0.513 #1/6 |
| Wheeler County, TX | 4,862 | $60,087 | 2.1%/yr | 4.8% | 0.541 |
| Childress County, TX | 6,743 | $57,083 | 6.1%/yr | 1.0% | 0.632 |
| Harmon County, OK | 2,407 | $43,305 | 2.9%/yr | 7.2% | 0.593 |
| Donley County, TX | 3,257 | $57,754 | 4.7%/yr | 1.7% | 0.574 |
| Hall County, TX | 2,820 | $47,827 | 7.2%/yr | 9.0% | 0.530 |
Conclusion
Considering all these factors, Collingsworth 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 Collingsworth County, Texas.
How Rich Is Collingsworth County, Texas?
Collingsworth 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 $62,756, about 20% lower than the Texas average of $78,939.
Are incomes growing in Collingsworth County, Texas?
Between 2009 and 2024, the median household income in Collingsworth County, Texas rose 59%, from $39,582 to $62,756. Over the same years, income here lagged behind Texas as a whole: +59% against +64%.
What was the median household income in Collingsworth County in 2023?
In 2023, the median household income in Collingsworth County, Texas was $60,318, up 12% from $53,673 in 2022. The Texas median that year was $76,528.
What was the median household income in Collingsworth County in 2020?
In 2020, the median household income in Collingsworth County, Texas was $41,202. By 2024 it had risen 52% to $62,756.
Is it hard to find a job in Collingsworth County, Texas?
Unemployment in Collingsworth County, Texas is only 1.1%, 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 Collingsworth County, Texas?
The Gini coefficient in Collingsworth County is 0.513. 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 Collingsworth County, Texas?
Since 2009, the income gap between men and women in Collingsworth County, Texas has narrowed from about 60% to 35% in 2024. Over that period the gap was narrowest at 2% in 2020. In dollar terms, the gap has narrowed by $9,082 since 2009.
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