Hopkins County, Texas Income Statistics
Hopkins County Wealth Score
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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C
Hopkins County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hopkins County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $69,823 | $78,939 | $80,455 |
| Median Personal Income | $48,519 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.5% | 4.6% | 4.8% |
| Six-Figure Earners | 7.3% | 13.0% | 13.9% |
| $200k+ Households | 6.8% | 12.5% | 13.2% |
The median household income in Hopkins County is about 12% lower than in Texas. Income has been growing faster in Hopkins County (5.5%/yr) than in Texas (4.6%/yr).
About 7% of adults in Hopkins County 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 Hopkins County, Texas grew by 74.7% from 2009 to 2024, reaching $69,823 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Hopkins County
| Metric | Hopkins County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.541 | 0.570 | 0.552 |
| Male Median Income | $56,505 | $66,147 | $69,667 |
| Female Median Income | $43,965 | $53,058 | $56,850 |
| Gender Pay Gap | 22.2% | 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 Hopkins County, it is 0.541, 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 29% more than women's income in Hopkins County, Texas. Over a 35-year career, a 29% wage gap accumulates to roughly $438,900 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hopkins County, Texas has narrowed from about 29% to 22% in 2024. Over that period the gap was widest at 34% in 2019. In dollar terms, the gap has widened by $1,545 since 2009.
Employment
| Metric | Hopkins County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 5.2% | 5.2% |
| Working from Home | 7.2% | 14.4% | 15.0% |
| Commute time (minutes) | 16 | 22 | 22 |
Approximately 729 people are unemployed in Hopkins County, Texas.
The average commute time in Hopkins County is 16 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hopkins County, Texas has fallen from 7.9% to 4.0% in 2024. Over that period the rate peaked at 8.4% in 2013.
Hopkins County, TX Wealth Compared With Nearby Counties
Hopkins County, TX is the 3rd largest of the 6 counties compared here, 37,784 residents against a local median of 12,775. Hopkins County, TX sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median household income, 7% above the local median at $69,823 against $65,168. Hopkins County, TX has the 2nd highest median household income of the 6 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. |
|---|---|---|---|---|---|
| Hopkins County, TX | 37,784 | $69,823 #2/6 | 5.5%/yr #4/6 | 4.0% #2/6 | 0.541 #3/6 |
| Delta County, TX | 5,438 | $68,040 | 7.1%/yr | 4.3% | 0.498 |
| Franklin County, TX | 10,632 | $71,473 | 7.1%/yr | 4.4% | 0.541 |
| Rains County, TX | 12,775 | $65,168 | 3.4%/yr | 3.3% | 0.565 |
| Wood County, TX | 46,961 | $60,416 | 3.0%/yr | 6.3% | 0.557 |
| Lamar County, TX | 50,669 | $62,344 | 5.6%/yr | 4.0% | 0.546 |
Conclusion
Considering all these factors, Hopkins County, Texas has an overall wealth index grade of C, making it about on par with Texas, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Hopkins County, Texas.
How Rich Is Hopkins County, Texas?
Hopkins County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $69,823, about 12% lower than the Texas average of $78,939.
Are incomes growing in Hopkins County, Texas?
Between 2009 and 2024, the median household income in Hopkins County, Texas rose 75%, from $39,970 to $69,823. Over the same years, income here outpaced Texas as a whole: +75% against +64%.
What was the median household income in Hopkins County in 2023?
In 2023, the median household income in Hopkins County, Texas was $63,433, up 1% from $62,928 in 2022. The Texas median that year was $76,528.
What was the median household income in Hopkins County in 2020?
In 2020, the median household income in Hopkins County, Texas was $55,601. By 2024 it had risen 26% to $69,823.
How strong is the job market in Hopkins County, Texas?
Unemployment in Hopkins County, Texas is only 4.0%, 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 Hopkins County, Texas?
The Gini coefficient in Hopkins County is 0.541. 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 Hopkins County, Texas?
Since 2009, the income gap between men and women in Hopkins County, Texas has narrowed from about 29% to 22% in 2024. Over that period the gap was widest at 34% in 2019. In dollar terms, the gap has widened by $1,545 since 2009.
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