Wealth Index
Less wealthy than 91% of counties in Texas
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 | Duval County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $50,073 | $76,510 | $78,145 |
| Median Personal Income | $48,939 | $58,415 | $61,726 |
| Average income growth | 6.3% | 4.8% | 5.1% |
| Six-Figure Earners | 4.4% | 12.4% | 13.2% |
The median household income in Duval County is about 35% lower than in Texas. Income has been growing faster in Duval County (6.3%/yr) than in Texas (4.8%/yr).
About 4% of adults in Duval County earn six figures ($100,000 or more) a year, lower than the Texas average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Duval County, Texas grew by 90.3% from 2009 to 2023, reaching $50,073 in 2023. That's an average of about 6.3% per year.
Economic Inequality in Duval County | Gender Pay Gap | Gini Coefficient
| Metric | Duval County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.587 | 0.570 |
| Male Median Income | $55,306 | $64,517 | $67,746 |
| Female Median Income | $43,895 | $51,419 | $54,793 |
| Gender Pay Gap | 20.6% | 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 Duval County, it is 0.536, 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 26% more than women's income in Duval County, Texas. Over a 35-year career, a 26% wage gap accumulates to roughly $399,385 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Duval County, Texas has narrowed from about 37% to 21% in 2023. In dollar terms, the gap has narrowed by $959 since 2009.
Employment
| Metric | Duval County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.9% | 5.1% | 5.2% |
| Working from Home | 9.4% | 12.8% | 13.4% |
| Commute time (minutes) | 20 | 22 | 22 |
Approximately 299 people are unemployed in Duval County, Texas.
The average commute time in Duval County is 20 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Duval County, Texas has fallen from 8.1% to 7.9% in 2023.
Conclusion
Considering all these factors, Duval County, Texas has an overall wealth index grade of D, making it somewhat worse than Texas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Duval County, Texas.
How Rich Is Duval County, Texas?
Duval 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 $50,073, about 35% lower than the Texas average of $76,510.
What is the current median household income in Duval County, Texas?
As of 2023, the median household income in Duval County, Texas is $50,073.
What was the median household income in Duval County in 2023?
In 2023, the median household income in Duval County, Texas was $50,073.
What was the median household income in Duval County in 2020?
In 2020, the median household income in Duval County, Texas was $45,503.
What is the Gini coefficient in Duval County, Texas?
The Gini coefficient in Duval County is 0.536. 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 Duval County, Texas?
Since 2009, the income gap between men and women in Duval County, Texas has narrowed from about 37% to 21% in 2023. In dollar terms, the gap has narrowed by $959 since 2009.