Frisco, Texas Income Statistics
Frisco 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.
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A+
Frisco Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Frisco | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $148,738 | $78,939 | $80,455 |
| Median Personal Income | $102,212 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.3% | 4.6% | 4.8% |
| Six-Figure Earners | 31.9% | 13.0% | 13.9% |
| $200k+ Households | 35.7% | 12.5% | 13.2% |
The median household income in Frisco is about 88% higher than in Texas. Income has been growing slower in Frisco (3.3%/yr) than in Texas (4.6%/yr).
About 32% of adults in Frisco 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 Frisco, Texas grew by 61.9% from 2009 to 2024, reaching $148,738 in 2024. That's an average of about 3.3% per year.
Income Inequality and the Gender Pay Gap in Frisco
| Metric | Frisco | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.570 | 0.552 |
| Male Median Income | $122,313 | $66,147 | $69,667 |
| Female Median Income | $81,058 | $53,058 | $56,850 |
| Gender Pay Gap | 33.7% | 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 Frisco, it is 0.532, 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 51% more than women's income in Frisco, Texas. Over a 35-year career, a 51% wage gap accumulates to roughly $1,443,925 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Frisco, Texas has widened from about 30% to 34% in 2024. Over that period the gap was widest at 40% in 2020. In dollar terms, the gap has widened by $21,514 since 2009.
Employment
| Metric | Frisco | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 5.2% | 5.2% |
| Working from Home | 37.5% | 14.4% | 15.0% |
| Commute time (minutes) | 26 | 22 | 22 |
Approximately 5,757 people are unemployed in Frisco, Texas.
The average commute time in Frisco is 26 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Frisco, Texas has fallen from 5.4% to 4.7% in 2024. Over that period the rate fell as low as 3.5% in 2019.
Frisco, TX Wealth Compared With Nearby Cities
Frisco, TX is the largest of the 4 cities compared here, 221,418 residents against a local median of 43,293. Where Frisco, TX breaks from the cities next to it is income growth, sitting 34% below the local median of 5.0%/yr at 3.3%/yr. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $148,738 against a local median of $122,846, 21% above it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while income growth runs behind it, so Frisco, TX is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 1.2%/yr on income growth, so Frisco, TX sits at one end of an already wide local range rather than apart from it. Frisco, TX has the 4th highest income growth of the 4 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. |
|---|---|---|---|---|---|
| Frisco, TX | 221,418 | $148,738 #2/4 | 3.3%/yr #4/4 | 4.7% #2/4 | 0.532 #2/4 |
| Prosper, TX | 42,836 | $189,740 | 5.5%/yr | 5.3% | 0.541 |
| The Colony, TX | 43,293 | $116,353 | 5.0%/yr | 3.9% | 0.481 |
| Little Elm, TX | 64,127 | $122,846 | 4.3%/yr | 5.5% | 0.541 |
Conclusion
Considering all these factors, Frisco, 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 Frisco, Texas.
How Rich Is Frisco, Texas?
Frisco 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 $148,738, about 88% higher than the Texas average of $78,939.
How has median household income changed in Frisco, Texas?
Between 2009 and 2024, the median household income in Frisco, Texas rose 62%, from $91,884 to $148,738. Over the same years, income here lagged behind Texas as a whole: +62% against +64%.
What was the median household income in Frisco in 2023?
In 2023, the median household income in Frisco, Texas was $144,941, up 1% from $142,965 in 2022. The Texas median that year was $76,528.
What was the median household income in Frisco in 2020?
In 2020, the median household income in Frisco, Texas was $125,240. By 2024 it had risen 19% to $148,738.
Is Frisco, Texas a high-income area?
Yes. 32% of adults in Frisco, Texas earn $100,000 or more a year (about 1 in 3), against 13% (about 1 in 8) in Texas. 36% of households have a combined income of $200,000 or more, compared with 12% in Texas.
What is the Gini coefficient in Frisco, Texas?
The Gini coefficient in Frisco is 0.532. 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 Frisco, Texas?
Since 2009, the income gap between men and women in Frisco, Texas has widened from about 30% to 34% in 2024. Over that period the gap was widest at 40% in 2020. In dollar terms, the gap has widened by $21,514 since 2009.
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