Fayette County, Texas Income Statistics

Fayette 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.

  • C
    Fayette County Below average
    Wealthier than 81% of counties in Texas

Source: Map AI Methodology

Fayette County
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Wealth grade

Income Statistics Overview

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Metric Fayette County Texas Avg US Average
Median Household Income $76,163 $78,939 $80,455
Median Personal Income $49,185 $56,913 $60,758
Average Yearly Income Growth 5.2% 4.6% 4.8%
Six-Figure Earners 10.0% 13.0% 13.9%
$200k+ Households 9.2% 12.5% 13.2%

The median household income in Fayette County is about 4% lower than in Texas. Income has been growing faster in Fayette County (5.2%/yr) than in Texas (4.6%/yr).

About 10% of adults in Fayette 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

Fayette County
United States

Median household income in Fayette County, Texas grew by 73.4% from 2009 to 2024, reaching $76,163 in 2024. That's an average of about 5.2% per year.

Year Fayette County United States

Income Inequality and the Gender Pay Gap in Fayette County

Metric Fayette County Texas Avg US Average
Gini Coefficient 0.510 0.570 0.552
Male Median Income $58,129 $66,147 $69,667
Female Median Income $46,440 $53,058 $56,850
Gender Pay Gap 20.1% 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 Fayette County, it is 0.510, lower than Texas's 0.570, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 25% more than women's income in Fayette County, Texas. Over a 35-year career, a 25% wage gap accumulates to roughly $409,115 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Fayette County, Texas has narrowed from about 27% to 20% in 2024. Over that period the gap was widest at 33% in 2017, and was narrowest at 20% in 2022. In dollar terms, the gap has widened by $1,168 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Fayette County Texas Avg US Average
Unemployment Rate 2.3% 5.2% 5.2%
Working from Home 9.2% 14.4% 15.0%
Commute time (minutes) 17 22 22

Approximately 264 people are unemployed in Fayette County, Texas.

The average commute time in Fayette County is 17 minutes, shorter than the 22 minutes in Texas.

Unemployment Rate Over Time

Fayette County
United States

Since 2011, the unemployment rate in Fayette County, Texas has fallen from 2.6% to 2.3% in 2024. Over that period the rate peaked at 4.1% in 2020 and fell as low as 1.5% in 2017.

Year Fayette County United States

Fayette County, TX Wealth Compared With Nearby Counties

Fayette County, TX is the 3rd largest of the 6 counties compared here, 25,042 residents against a local median of 21,006. Where Fayette County, TX breaks from the counties next to it is unemployment, sitting 26% below the local median of 3.1% at 2.3%. That is the better end of the local range on this measure.

The counties themselves spread 3.6% on unemployment, so Fayette County, TX sits at one end of an already wide local range rather than apart from it. Fayette 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.
Fayette County, TX 25,042 $76,163 #4/6 5.2%/yr #3/6 2.3% #1/6 0.510 #1/6
Lee County, TX 17,971 $77,009 4.8%/yr 6.5% 0.556
Bastrop County, TX 106,582 $86,230 5.5%/yr 4.2% 0.550
Colorado County, TX 21,006 $68,537 5.4%/yr 2.9% 0.532
Lavaca County, TX 20,552 $63,715 3.6%/yr 3.1% 0.532
Washington County, TX 36,647 $76,366 4.6%/yr 3.0% 0.540

Conclusion

Considering all these factors, Fayette County, Texas has an overall wealth index grade of C, making it somewhat better than Texas, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Fayette County, Texas.

How Rich Is Fayette County, Texas?

Fayette County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $76,163, about 4% lower than the Texas average of $78,939.

Are incomes growing in Fayette County, Texas?

Between 2009 and 2024, the median household income in Fayette County, Texas rose 73%, from $43,921 to $76,163. Over the same years, income here outpaced Texas as a whole: +73% against +64%.

What was the median household income in Fayette County in 2023?

In 2023, the median household income in Fayette County, Texas was $77,383, up 7% from $72,643 in 2022. The Texas median that year was $76,528.

What was the median household income in Fayette County in 2020?

In 2020, the median household income in Fayette County, Texas was $62,306. By 2024 it had risen 22% to $76,163.

Is it hard to find a job in Fayette County, Texas?

Unemployment in Fayette County, Texas is only 2.3%, 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 Fayette County, Texas?

The Gini coefficient in Fayette County is 0.510. 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 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Fayette County, Texas?

Since 2009, the income gap between men and women in Fayette County, Texas has narrowed from about 27% to 20% in 2024. Over that period the gap was widest at 33% in 2017, and was narrowest at 20% in 2022. In dollar terms, the gap has widened by $1,168 since 2009.

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