Flower Mound, Texas Income Statistics
Flower Mound 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.
-
A+
Flower Mound Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Flower Mound | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $158,474 | $78,939 | $80,455 |
| Median Personal Income | $104,964 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.4% | 4.6% | 4.8% |
| Six-Figure Earners | 32.0% | 13.0% | 13.9% |
| $200k+ Households | 36.9% | 12.5% | 13.2% |
The median household income in Flower Mound is about 101% higher than in Texas. Income has been growing slower in Flower Mound (3.4%/yr) than in Texas (4.6%/yr).
About 32% of adults in Flower Mound earn six figures ($100,000 or more) a year, higher than the Texas average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Flower Mound, Texas grew by 52.5% from 2009 to 2024, reaching $158,474 in 2024. That's an average of about 3.4% per year.
Income Inequality and the Gender Pay Gap in Flower Mound
| Metric | Flower Mound | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.524 | 0.570 | 0.552 |
| Male Median Income | $122,747 | $66,147 | $69,667 |
| Female Median Income | $82,768 | $53,058 | $56,850 |
| Gender Pay Gap | 32.6% | 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 Flower Mound, it is 0.524, 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 48% more than women's income in Flower Mound, Texas. Over a 35-year career, a 48% wage gap accumulates to roughly $1,399,265 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Flower Mound, Texas has narrowed from about 39% to 33% in 2024. Over that period the gap was widest at 41% in 2010. In dollar terms, the gap has widened by $7,962 since 2009.
Employment
| Metric | Flower Mound | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 5.2% | 5.2% |
| Working from Home | 28.1% | 14.4% | 15.0% |
| Commute time (minutes) | 26 | 22 | 22 |
Approximately 1,590 people are unemployed in Flower Mound, Texas.
The average commute time in Flower Mound is 26 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Flower Mound, Texas has fallen from 4.9% to 3.5% in 2024. Over that period the rate fell as low as 3.4% in 2023.
Conclusion
Considering all these factors, Flower Mound, Texas has an overall wealth index grade of A+, making it far better than Texas, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Flower Mound, Texas.
How Rich Is Flower Mound, Texas?
Flower Mound has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $158,474, about 101% higher than the Texas average of $78,939.
How fast is household income rising in Flower Mound, Texas?
Between 2009 and 2024, the median household income in Flower Mound, Texas rose 52%, from $103,924 to $158,474. Over the same years, income here lagged behind Texas as a whole: +52% against +64%.
What was the median household income in Flower Mound in 2023?
In 2023, the median household income in Flower Mound, Texas was $155,804, up 1% from $153,871 in 2022. The Texas median that year was $76,528.
What was the median household income in Flower Mound in 2020?
In 2020, the median household income in Flower Mound, Texas was $140,070. By 2024 it had risen 13% to $158,474.
How many people earn six figures in Flower Mound, Texas?
Yes. 32% of adults in Flower Mound, Texas earn $100,000 or more a year (about 1 in 3), against 13% (about 1 in 8) in Texas. 37% of households have a combined income of $200,000 or more, compared with 12% in Texas.
How strong is the job market in Flower Mound, Texas?
Unemployment in Flower Mound, 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 Flower Mound, Texas?
The Gini coefficient in Flower Mound is 0.524. 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 Flower Mound, Texas?
Since 2009, the income gap between men and women in Flower Mound, Texas has narrowed from about 39% to 33% in 2024. Over that period the gap was widest at 41% in 2010. In dollar terms, the gap has widened by $7,962 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →