Erath County, Texas Income Statistics
Erath 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
Erath County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Erath County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,723 | $78,939 | $80,455 |
| Median Personal Income | $50,731 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.6% | 4.6% | 4.8% |
| Six-Figure Earners | 8.7% | 13.0% | 13.9% |
| $200k+ Households | 7.3% | 12.5% | 13.2% |
The median household income in Erath County is about 17% lower than in Texas. Income has been growing faster in Erath County (5.6%/yr) than in Texas (4.6%/yr).
About 9% of adults in Erath 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 Erath County, Texas grew by 76.4% from 2009 to 2024, reaching $65,723 in 2024. That's an average of about 5.6% per year.
Income Inequality and the Gender Pay Gap in Erath County
| Metric | Erath County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.582 | 0.570 | 0.552 |
| Male Median Income | $59,918 | $66,147 | $69,667 |
| Female Median Income | $43,424 | $53,058 | $56,850 |
| Gender Pay Gap | 27.5% | 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 Erath County, it is 0.582, 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 38% more than women's income in Erath County, Texas. Over a 35-year career, a 38% wage gap accumulates to roughly $577,290 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Erath County, Texas has widened from about 19% to 28% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 18% in 2011. In dollar terms, the gap has widened by $9,399 since 2009.
Employment
| Metric | Erath County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.7% | 5.2% | 5.2% |
| Working from Home | 7.2% | 14.4% | 15.0% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 1,294 people are unemployed in Erath County, Texas.
The average commute time in Erath County is 13 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Erath County, Texas has risen from 4.9% to 5.7% in 2024. Over that period the rate peaked at 6.0% in 2013 and fell as low as 3.4% in 2018.
Erath County, TX Wealth Compared With Nearby Counties
Erath County, TX is the 2nd largest of the 6 counties compared here, 43,794 residents against a local median of 13,950. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Erath County, TX an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is income inequality, 8% above the local median at 0.582 against 0.540. Erath County, TX has the 6th lowest income inequality 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. |
|---|---|---|---|---|---|
| Erath County, TX | 43,794 | $65,723 #4/6 | 5.6%/yr #3/6 | 5.7% #4/6 | 0.582 #6/6 |
| Hood County, TX | 65,894 | $87,655 | 5.3%/yr | 5.6% | 0.540 |
| Somervell County, TX | 9,691 | $83,897 | 7.0%/yr | 3.2% | 0.532 |
| Comanche County, TX | 13,950 | $59,920 | 5.5%/yr | 6.2% | 0.531 |
| Palo Pinto County, TX | 29,295 | $67,381 | 5.9%/yr | 6.1% | 0.560 |
| Hamilton County, TX | 8,406 | $56,623 | 3.2%/yr | 5.4% | 0.547 |
Conclusion
Considering all these factors, Erath 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 Erath County, Texas.
How Wealthy Is Erath County, Texas?
Erath 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 $65,723, about 17% lower than the Texas average of $78,939.
How fast is household income rising in Erath County, Texas?
Between 2009 and 2024, the median household income in Erath County, Texas rose 76%, from $37,251 to $65,723. Over the same years, income here outpaced Texas as a whole: +76% against +64%.
What was the median household income in Erath County in 2023?
In 2023, the median household income in Erath County, Texas was $65,403, up 10% from $59,626 in 2022. The Texas median that year was $76,528.
What was the median household income in Erath County in 2020?
In 2020, the median household income in Erath County, Texas was $56,217. By 2024 it had risen 17% to $65,723.
What is the Gini coefficient in Erath County, Texas?
The Gini coefficient in Erath County is 0.582. 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 Erath County, Texas?
Since 2009, the income gap between men and women in Erath County, Texas has widened from about 19% to 28% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 18% in 2011. In dollar terms, the gap has widened by $9,399 since 2009.
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