Wealth Index

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.

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Income Statistics Overview

See income data visualized

Metric Hockley County Texas Avg US Average
Median Household Income $57,495 $76,510 $78,145
Median Personal Income $57,495 $76,510 $78,145
Average income growth 2.0% 2.0% 2.0%

Household Income Trend

Median Household Income Over Time

Hockley County
United States
Year Hockley County United States

Economic Inequality in Hockley County | Gender Pay Gap | Gini Index

Metric Hockley County Texas Avg US Average
Gini Index 0.566 0.587 0.570
Male Median Income $57,917 $64,517 $67,746
Female Median Income $43,210 $51,419 $54,793
Gender Pay Gap 25.4% 20.3% 19.1%

Income by Sex Over Time

Male
Female
Year Male Income Female Income Gap %

Employment

Metric Hockley County Texas Avg US Average
Unemployment Rate 4.9% 5.1% 5.2%
Working from Home 4.3% 12.8% 13.4%
Commute time (minutes) 16 22 22

Unemployment Rate Over Time

Hockley County
United States
Year Hockley County United States