Denton, Texas Income Statistics
Denton 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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D
Denton Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Denton | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $74,329 | $78,939 | $80,455 |
| Median Personal Income | $54,013 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.5% | 4.6% | 4.8% |
| Six-Figure Earners | 10.3% | 13.0% | 13.9% |
| $200k+ Households | 10.2% | 12.5% | 13.2% |
The median household income in Denton is about 6% lower than in Texas. Income has been growing faster in Denton (5.5%/yr) than in Texas (4.6%/yr).
About 10% of adults in Denton 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 Denton, Texas grew by 57.7% from 2009 to 2024, reaching $74,329 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Denton
| Metric | Denton | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.573 | 0.570 | 0.552 |
| Male Median Income | $63,352 | $66,147 | $69,667 |
| Female Median Income | $51,954 | $53,058 | $56,850 |
| Gender Pay Gap | 18.0% | 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 Denton, it is 0.573, about the same as Texas's 0.570, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 22% more than women's income in Denton, Texas. Over a 35-year career, a 22% wage gap accumulates to roughly $398,930 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Denton, Texas has widened from about 11% to 18% in 2024. Over that period the gap was widest at 21% in 2020. In dollar terms, the gap has widened by $6,888 since 2009.
Employment
| Metric | Denton | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.3% | 5.2% | 5.2% |
| Working from Home | 14.0% | 14.4% | 15.0% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 4,262 people are unemployed in Denton, Texas.
The average commute time in Denton is 18 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Denton, Texas has fallen from 8.8% to 5.3% in 2024. Over that period the rate peaked at 10.1% in 2013 and fell as low as 5.0% in 2022.
Denton, TX Wealth Compared With Nearby Cities
How Denton, TX compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Denton, TX | 141,814 | $74,329 #2/2 | 5.5%/yr #1/2 | 5.3% #2/2 | 0.573 #2/2 |
| Corinth, TX | 22,623 | $118,377 | 4.6%/yr | 2.3% | 0.516 |
Conclusion
Considering all these factors, Denton, 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 Denton, Texas.
How Rich Is Denton, Texas?
Denton 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 $74,329, about 6% lower than the Texas average of $78,939.
How has median household income changed in Denton, Texas?
Between 2009 and 2024, the median household income in Denton, Texas rose 58%, from $47,130 to $74,329. Over the same years, income here lagged behind Texas as a whole: +58% against +64%.
What was the median household income in Denton in 2023?
In 2023, the median household income in Denton, Texas was $72,094, up 2% from $70,626 in 2022. The Texas median that year was $76,528.
What was the median household income in Denton in 2020?
In 2020, the median household income in Denton, Texas was $61,584. By 2024 it had risen 21% to $74,329.
What is the Gini coefficient in Denton, Texas?
The Gini coefficient in Denton is 0.573. 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 Denton, Texas?
Since 2009, the income gap between men and women in Denton, Texas has widened from about 11% to 18% in 2024. Over that period the gap was widest at 21% in 2020. In dollar terms, the gap has widened by $6,888 since 2009.
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