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 | Comal County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $99,254 | $76,510 | $78,145 |
| Median Personal Income | $70,686 | $58,415 | $61,726 |
| Average income growth | 5.3% | 4.8% | 5.1% |
| Six-Figure Earners | 18.1% | 12.4% | 13.2% |
The median household income in Comal County is about 30% higher than in Texas. Income has been growing faster in Comal County (5.3%/yr) than in Texas (4.8%/yr).
About 18% of adults in Comal County earn six figures ($100,000 or more) a year, higher than the Texas average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Comal County, Texas grew by 54.3% from 2009 to 2023, reaching $99,254 in 2023. That's an average of about 5.3% per year.
Economic Inequality in Comal County | Gender Pay Gap | Gini Coefficient
| Metric | Comal County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.587 | 0.570 |
| Male Median Income | $80,885 | $64,517 | $67,746 |
| Female Median Income | $61,772 | $51,419 | $54,793 |
| Gender Pay Gap | 23.6% | 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 Comal County, it is 0.560, 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 31% more than women's income in Comal County, Texas. Over a 35-year career, a 31% wage gap accumulates to roughly $668,955 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Comal County, Texas has narrowed from about 25% to 24% in 2023. In dollar terms, the gap has widened by $6,147 since 2009.
Employment
| Metric | Comal County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 5.1% | 5.2% |
| Working from Home | 17.2% | 12.8% | 13.4% |
| Commute time (minutes) | 27 | 22 | 22 |
Approximately 3,043 people are unemployed in Comal County, Texas.
The average commute time in Comal County is 27 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Comal County, Texas has fallen from 6.0% to 3.5% in 2023.
Conclusion
Considering all these factors, Comal County, Texas has an overall wealth index grade of B, making it somewhat better than Texas, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Comal County, Texas.
How Rich Is Comal County, Texas?
Comal County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $99,254, about 30% higher than the Texas average of $76,510.
What is the current median household income in Comal County, Texas?
As of 2023, the median household income in Comal County, Texas is $99,254.
What was the median household income in Comal County in 2023?
In 2023, the median household income in Comal County, Texas was $99,254.
What was the median household income in Comal County in 2020?
In 2020, the median household income in Comal County, Texas was $80,733.
What is the Gini coefficient in Comal County, Texas?
The Gini coefficient in Comal County is 0.560. 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 Comal County, Texas?
Since 2009, the income gap between men and women in Comal County, Texas has narrowed from about 25% to 24% in 2023. In dollar terms, the gap has widened by $6,147 since 2009.