Friendswood, Texas Income Statistics
Friendswood 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
Friendswood Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Friendswood | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $120,430 | $78,939 | $80,455 |
| Median Personal Income | $86,551 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.5% | 4.6% | 4.8% |
| Six-Figure Earners | 22.9% | 13.0% | 13.9% |
| $200k+ Households | 25.7% | 12.5% | 13.2% |
The median household income in Friendswood is about 53% higher than in Texas. Income has been growing slower in Friendswood (3.5%/yr) than in Texas (4.6%/yr).
About 23% of adults in Friendswood 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 Friendswood, Texas grew by 28.5% from 2009 to 2024, reaching $120,430 in 2024. That's an average of about 3.5% per year.
Income Inequality and the Gender Pay Gap in Friendswood
| Metric | Friendswood | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.549 | 0.570 | 0.552 |
| Male Median Income | $104,307 | $66,147 | $69,667 |
| Female Median Income | $72,177 | $53,058 | $56,850 |
| Gender Pay Gap | 30.8% | 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 Friendswood, it is 0.549, lower than Texas's 0.570, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 45% more than women's income in Friendswood, Texas. Over a 35-year career, a 45% wage gap accumulates to roughly $1,124,550 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Friendswood, Texas has narrowed from about 39% to 31% in 2024. Over that period the gap was widest at 42% in 2013, and was narrowest at 29% in 2022. In dollar terms, the gap has widened by $1,834 since 2009.
Employment
| Metric | Friendswood | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 5.2% | 5.2% |
| Working from Home | 17.2% | 14.4% | 15.0% |
| Commute time (minutes) | 27 | 22 | 22 |
Approximately 847 people are unemployed in Friendswood, Texas.
The average commute time in Friendswood is 27 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Friendswood, Texas has fallen from 4.4% to 4.3% in 2024. Over that period the rate peaked at 6.2% in 2020.
Friendswood, TX Wealth Compared With Nearby Cities
How Friendswood, TX compares with the 2 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. |
|---|---|---|---|---|---|
| Friendswood, TX | 40,186 | $120,430 #2/3 | 3.5%/yr #1/3 | 4.3% #3/3 | 0.549 #3/3 |
| League City, TX | 120,827 | $121,587 | 3.0%/yr | 3.9% | 0.529 |
| Pearland, TX | 126,572 | $117,586 | 3.2%/yr | 3.9% | 0.536 |
Conclusion
Considering all these factors, Friendswood, Texas has an overall wealth index grade of A, making it notably better than Texas, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Friendswood, Texas.
How Rich Is Friendswood, Texas?
Friendswood 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 residents are much better off than the U.S. average. The median household income is $120,430, about 53% higher than the Texas average of $78,939.
Are incomes growing in Friendswood, Texas?
Between 2009 and 2024, the median household income in Friendswood, Texas rose 28%, from $93,731 to $120,430. Over the same years, income here lagged behind Texas as a whole: +28% against +64%.
What was the median household income in Friendswood in 2023?
In 2023, the median household income in Friendswood, Texas was $120,741, up 4% from $116,159 in 2022. The Texas median that year was $76,528.
What was the median household income in Friendswood in 2020?
In 2020, the median household income in Friendswood, Texas was $101,922. By 2024 it had risen 18% to $120,430.
How many people earn six figures in Friendswood, Texas?
Yes. 23% of adults in Friendswood, Texas earn $100,000 or more a year (about 1 in 4), against 13% (about 1 in 8) in Texas. 26% of households have a combined income of $200,000 or more, compared with 12% in Texas.
What is the Gini coefficient in Friendswood, Texas?
The Gini coefficient in Friendswood is 0.549. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Friendswood, Texas?
Since 2009, the income gap between men and women in Friendswood, Texas has narrowed from about 39% to 31% in 2024. Over that period the gap was widest at 42% in 2013, and was narrowest at 29% in 2022. In dollar terms, the gap has widened by $1,834 since 2009.
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