Haltom City, Texas Income Statistics
Haltom City 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.
-
D
Haltom City Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Haltom City | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $59,869 | $78,939 | $80,455 |
| Median Personal Income | $44,836 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.2% | 4.6% | 4.8% |
| Six-Figure Earners | 5.6% | 13.0% | 13.9% |
| $200k+ Households | 3.7% | 12.5% | 13.2% |
The median household income in Haltom City is about 24% lower than in Texas. Income has been growing slower in Haltom City (3.2%/yr) than in Texas (4.6%/yr).
About 6% of adults in Haltom City 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 Haltom City, Texas grew by 43.6% from 2009 to 2024, reaching $59,869 in 2024. That's an average of about 3.2% per year.
Income Inequality and the Gender Pay Gap in Haltom City
| Metric | Haltom City | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.520 | 0.570 | 0.552 |
| Male Median Income | $52,388 | $66,147 | $69,667 |
| Female Median Income | $43,052 | $53,058 | $56,850 |
| Gender Pay Gap | 17.8% | 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 Haltom City, it is 0.520, 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 22% more than women's income in Haltom City, Texas. Over a 35-year career, a 22% wage gap accumulates to roughly $326,760 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Haltom City, Texas has widened from about 16% to 18% in 2024. Over that period the gap was widest at 26% in 2022, and was narrowest at 7% in 2017. In dollar terms, the gap has widened by $3,693 since 2009.
Employment
| Metric | Haltom City | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 5.2% | 5.2% |
| Working from Home | 9.1% | 14.4% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 900 people are unemployed in Haltom City, Texas.
The average commute time in Haltom City is 22 minutes, about the same as in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Haltom City, Texas has fallen from 8.1% to 3.7% in 2024. Over that period the rate peaked at 8.5% in 2013 and fell as low as 3.7% in 2022.
Haltom City, TX Wealth Compared With Nearby Cities
Haltom City, TX is the 3rd largest of the 4 cities compared here, 45,218 residents against a local median of 71,246. Haltom City, TX's median household income, at $59,869, runs 35% below the $92,733 typical of the cities around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 3.2%/yr against a local median of 4.8%/yr, 33% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while median household income runs behind it, so Haltom City, TX is trading one against the other rather than simply out-performing what surrounds it. The cities themselves sit within $18,173 of each other on median household income, a tighter band than the gap between any of them and Haltom City, TX, which makes it a genuine outlier here rather than one end of a wide local spread. Haltom City, TX has the 4th highest median household income 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. |
|---|---|---|---|---|---|
| Haltom City, TX | 45,218 | $59,869 #4/4 | 3.2%/yr #4/4 | 3.7% #2/4 | 0.520 #2/4 |
| Watauga, TX | 21,886 | $92,733 | 4.2%/yr | 5.1% | 0.499 |
| North Richland Hills, TX | 71,246 | $97,487 | 5.3%/yr | 3.2% | 0.522 |
| Fort Worth, TX | 922,591 | $79,315 | 4.8%/yr | 4.9% | 0.558 |
Conclusion
Considering all these factors, Haltom City, Texas has an overall wealth index grade of D, making it somewhat worse than Texas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Haltom City, Texas.
How Rich Is Haltom City, Texas?
Haltom City 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 $59,869, about 24% lower than the Texas average of $78,939.
How has median household income changed in Haltom City, Texas?
Between 2009 and 2024, the median household income in Haltom City, Texas rose 44%, from $41,697 to $59,869. Over the same years, income here lagged behind Texas as a whole: +44% against +64%.
What was the median household income in Haltom City in 2023?
In 2023, the median household income in Haltom City, Texas was $56,267, down 1% from $57,071 in 2022. The Texas median that year was $76,528.
What was the median household income in Haltom City in 2020?
In 2020, the median household income in Haltom City, Texas was $52,115. By 2024 it had risen 15% to $59,869.
Is unemployment high in Haltom City, Texas?
Unemployment in Haltom City, Texas is only 3.7%, 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 Haltom City, Texas?
The Gini coefficient in Haltom City is 0.520. 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 Haltom City, Texas?
Since 2009, the income gap between men and women in Haltom City, Texas has widened from about 16% to 18% in 2024. Over that period the gap was widest at 26% in 2022, and was narrowest at 7% in 2017. In dollar terms, the gap has widened by $3,693 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 →