Concho County, Texas Income Statistics
Concho 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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F
Concho County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Concho County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,450 | $78,939 | $80,455 |
| Median Personal Income | $42,237 | $56,913 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.6% | 4.8% |
| Six-Figure Earners | 3.7% | 13.0% | 13.9% |
| $200k+ Households | 1.5% | 12.5% | 13.2% |
The median household income in Concho County is about 18% lower than in Texas. Income has been growing slower in Concho County (4.4%/yr) than in Texas (4.6%/yr).
About 4% of adults in Concho 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 Concho County, Texas grew by 41.7% from 2009 to 2024, reaching $64,450 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Concho County
| Metric | Concho County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.648 | 0.570 | 0.552 |
| Male Median Income | $51,404 | $66,147 | $69,667 |
| Female Median Income | $45,446 | $53,058 | $56,850 |
| Gender Pay Gap | 11.6% | 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 Concho County, it is 0.648, 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 13% more than women's income in Concho County, Texas. Over a 35-year career, a 13% wage gap accumulates to roughly $208,530 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Concho County, Texas has narrowed from about 16% to 12% in 2024. Over that period the gap was widest at 41% in 2016, and in 2021 women out-earned men by 9%. In dollar terms, the gap has narrowed by $872 since 2009.
Employment
| Metric | Concho County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.5% | 5.2% | 5.2% |
| Working from Home | 7.0% | 14.4% | 15.0% |
| Commute time (minutes) | 8 | 22 | 22 |
Approximately 20 people are unemployed in Concho County, Texas.
The average commute time in Concho County is 8 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Concho County, Texas has fallen from 3.8% to 1.5% in 2024. Over that period the rate peaked at 6.8% in 2012 and fell as low as 1.0% in 2017.
Concho County, TX Wealth Compared With Nearby Counties
Concho County, TX is the 5th largest of the 6 counties compared here, 3,328 residents against a local median of 7,833. The measure that sets Concho County, TX apart most is unemployment: 1.5%, 80% below the local median of 7.7%. That is the better end of the local range on this measure.
Income inequality tells the same story from another angle: 0.648 against a local median of 0.533, 22% above it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income inequality runs behind it, so Concho County, TX is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 7.3% on unemployment, so Concho County, TX sits at one end of an already wide local range rather than apart from it. Concho County, TX has the 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. |
|---|---|---|---|---|---|
| Concho County, TX | 3,328 | $64,450 #2/6 | 4.4%/yr #4/6 | 1.5% #1/6 | 0.648 #6/6 |
| Menard County, TX | 1,955 | $54,153 | 5.1%/yr | 10.8% | 0.488 |
| Runnels County, TX | 9,874 | $62,751 | 5.4%/yr | 4.9% | 0.516 |
| McCulloch County, TX | 7,514 | $54,426 | 3.7%/yr | 9.0% | 0.533 |
| Tom Green County, TX | 119,577 | $68,135 | 4.5%/yr | 3.5% | 0.541 |
| Coleman County, TX | 7,833 | $48,851 | 1.9%/yr | 7.7% | 0.544 |
Conclusion
Considering all these factors, Concho County, Texas has an overall wealth index grade of F, making it worse than Texas, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Concho County, Texas.
How Rich Is Concho County, Texas?
Concho County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $64,450, about 18% lower than the Texas average of $78,939.
Are incomes growing in Concho County, Texas?
Between 2009 and 2024, the median household income in Concho County, Texas rose 42%, from $45,490 to $64,450. Over the same years, income here lagged behind Texas as a whole: +42% against +64%.
What was the median household income in Concho County in 2023?
In 2023, the median household income in Concho County, Texas was $59,560, up 4% from $57,428 in 2022. The Texas median that year was $76,528.
What was the median household income in Concho County in 2020?
In 2020, the median household income in Concho County, Texas was $52,500. By 2024 it had risen 23% to $64,450.
Is it hard to find a job in Concho County, Texas?
Unemployment in Concho County, Texas is only 1.5%, 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 Concho County, Texas?
The Gini coefficient in Concho County is 0.648. 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 Concho County, Texas?
Since 2009, the income gap between men and women in Concho County, Texas has narrowed from about 16% to 12% in 2024. Over that period the gap was widest at 41% in 2016, and in 2021 women out-earned men by 9%. In dollar terms, the gap has narrowed by $872 since 2009.
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