Deaf Smith County, Texas Income Statistics
Deaf Smith 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
Deaf Smith County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Deaf Smith County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,471 | $78,939 | $80,455 |
| Median Personal Income | $46,285 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.2% | 4.6% | 4.8% |
| Six-Figure Earners | 5.7% | 13.0% | 13.9% |
| $200k+ Households | 5.0% | 12.5% | 13.2% |
The median household income in Deaf Smith County is about 22% lower than in Texas. Income has been growing slower in Deaf Smith County (3.2%/yr) than in Texas (4.6%/yr).
About 6% of adults in Deaf Smith 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 Deaf Smith County, Texas grew by 58.8% from 2009 to 2024, reaching $61,471 in 2024. That's an average of about 3.2% per year.
Income Inequality and the Gender Pay Gap in Deaf Smith County
| Metric | Deaf Smith County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.557 | 0.570 | 0.552 |
| Male Median Income | $56,630 | $66,147 | $69,667 |
| Female Median Income | $39,412 | $53,058 | $56,850 |
| Gender Pay Gap | 30.4% | 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 Deaf Smith County, it is 0.557, lower than Texas's 0.570, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 44% more than women's income in Deaf Smith County, Texas. Over a 35-year career, a 44% wage gap accumulates to roughly $602,630 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Deaf Smith County, Texas has narrowed from about 32% to 30% in 2024. Over that period the gap was widest at 34% in 2017, and was narrowest at 16% in 2012. In dollar terms, the gap has widened by $6,749 since 2009.
Employment
| Metric | Deaf Smith County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 5.2% | 5.2% |
| Working from Home | 2.5% | 14.4% | 15.0% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 300 people are unemployed in Deaf Smith County, Texas.
The average commute time in Deaf Smith County is 13 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Deaf Smith County, Texas has fallen from 6.7% to 3.5% in 2024. Over that period the rate fell as low as 2.1% in 2022.
Deaf Smith County, TX Wealth Compared With Nearby Counties
Deaf Smith County, TX is the 3rd largest of the 6 counties compared here, 18,460 residents against a local median of 9,731. The measure that sets Deaf Smith County, TX apart most is unemployment: 3.5%, 19% above the local median of 2.9%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 3.2%/yr against a local median of 3.8%/yr, 15% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Deaf Smith County, TX reads weaker than its neighbours on all of them. The counties themselves spread 2.1% on unemployment, so Deaf Smith County, TX sits at one end of an already wide local range rather than apart from it. Deaf Smith County, TX has the 4th 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. |
|---|---|---|---|---|---|
| Deaf Smith County, TX | 18,460 | $61,471 #4/6 | 3.2%/yr #6/6 | 3.5% #4/6 | 0.557 #3/6 |
| Oldham County, TX | 2,249 | $82,647 | 5.8%/yr | 1.7% | 0.653 |
| Parmer County, TX | 9,731 | $72,449 | 5.1%/yr | 2.6% | 0.546 |
| Castro County, TX | 7,344 | $53,146 | 3.3%/yr | 3.7% | 0.607 |
| Randall County, TX | 146,053 | $83,136 | 3.5%/yr | 2.9% | 0.535 |
| Potter County, TX | 115,952 | $54,162 | 3.8%/yr | 3.8% | 0.591 |
Conclusion
Considering all these factors, Deaf Smith County, Texas has an overall wealth index grade of D, making it about on par with Texas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Deaf Smith County, Texas.
How Rich Is Deaf Smith County, Texas?
Deaf Smith 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 $61,471, about 22% lower than the Texas average of $78,939.
How has median household income changed in Deaf Smith County, Texas?
Between 2009 and 2024, the median household income in Deaf Smith County, Texas rose 59%, from $38,713 to $61,471. Over the same years, income here lagged behind Texas as a whole: +59% against +64%.
What was the median household income in Deaf Smith County in 2023?
In 2023, the median household income in Deaf Smith County, Texas was $54,916, up 4% from $52,675 in 2022. The Texas median that year was $76,528.
What was the median household income in Deaf Smith County in 2020?
In 2020, the median household income in Deaf Smith County, Texas was $49,842. By 2024 it had risen 23% to $61,471.
Is unemployment high in Deaf Smith County, Texas?
Unemployment in Deaf Smith County, Texas is only 3.5%, 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 Deaf Smith County, Texas?
The Gini coefficient in Deaf Smith County is 0.557. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Deaf Smith County, Texas?
Since 2009, the income gap between men and women in Deaf Smith County, Texas has narrowed from about 32% to 30% in 2024. Over that period the gap was widest at 34% in 2017, and was narrowest at 16% in 2012. In dollar terms, the gap has widened by $6,749 since 2009.
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