Irving, Texas Income Statistics
Irving 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.
-
C
Irving Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Irving | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $82,403 | $78,939 | $80,455 |
| Median Personal Income | $55,654 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.2% | 4.6% | 4.8% |
| Six-Figure Earners | 14.6% | 13.0% | 13.9% |
| $200k+ Households | 11.7% | 12.5% | 13.2% |
The median household income in Irving is about 4% higher than in Texas. Income has been growing faster in Irving (5.2%/yr) than in Texas (4.6%/yr).
About 15% of adults in Irving 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 Irving, Texas grew by 75.4% from 2009 to 2024, reaching $82,403 in 2024. That's an average of about 5.2% per year.
Income Inequality and the Gender Pay Gap in Irving
| Metric | Irving | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.558 | 0.570 | 0.552 |
| Male Median Income | $64,708 | $66,147 | $69,667 |
| Female Median Income | $52,025 | $53,058 | $56,850 |
| Gender Pay Gap | 19.6% | 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 Irving, it is 0.558, lower than Texas's 0.570, so income is more evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 24% more than women's income in Irving, Texas. Over a 35-year career, a 24% wage gap accumulates to roughly $443,905 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Irving, Texas has widened from about -0% to 20% in 2024. Over that period the gap was widest at 20% in 2023. In dollar terms, the gap has widened by $12,767 since 2009.
Employment
| Metric | Irving | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 5.2% | 5.2% |
| Working from Home | 20.0% | 14.4% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 6,317 people are unemployed in Irving, Texas.
The average commute time in Irving is 22 minutes, about the same as in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Irving, Texas has fallen from 8.3% to 4.4% in 2024. Over that period the rate peaked at 8.6% in 2013 and fell as low as 4.1% in 2022.
Irving, TX Wealth Compared With Nearby Cities
Irving, TX is the largest of the 5 cities compared here, 255,814 residents against a local median of 44,291. The measure that sets Irving, TX apart most is unemployment: 4.4%, 20% above the local median of 3.7%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 5.2%/yr against a local median of 4.4%/yr, 19% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Irving, TX is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 3.7% on unemployment, so Irving, TX sits at one end of an already wide local range rather than apart from it. Irving, TX has the 3rd lowest unemployment of the 5 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. |
|---|---|---|---|---|---|
| Irving, TX | 255,814 | $82,403 #5/5 | 5.2%/yr #1/5 | 4.4% #3/5 | 0.558 #5/5 |
| Coppell, TX | 39,219 | $139,522 | 3.3%/yr | 2.6% | 0.512 |
| Euless, TX | 61,030 | $82,908 | 4.9%/yr | 5.5% | 0.513 |
| Farmers Branch, TX | 29,458 | $88,799 | 4.8%/yr | 1.9% | 0.514 |
| Grapevine, TX | 49,363 | $115,051 | 3.9%/yr | 4.8% | 0.510 |
Conclusion
Considering all these factors, Irving, 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 Irving, Texas.
How Wealthy Is Irving, Texas?
Irving 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 $82,403, about 4% higher than the Texas average of $78,939.
How has median household income changed in Irving, Texas?
Between 2009 and 2024, the median household income in Irving, Texas rose 75%, from $46,975 to $82,403. Over the same years, income here outpaced Texas as a whole: +75% against +64%.
What was the median household income in Irving in 2023?
In 2023, the median household income in Irving, Texas was $80,337, up 5% from $76,817 in 2022. The Texas median that year was $76,528.
What was the median household income in Irving in 2020?
In 2020, the median household income in Irving, Texas was $67,069. By 2024 it had risen 23% to $82,403.
What is the Gini coefficient in Irving, Texas?
The Gini coefficient in Irving is 0.558. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Irving, Texas?
Since 2009, the income gap between men and women in Irving, Texas has widened from about -0% to 20% in 2024. Over that period the gap was widest at 20% in 2023. In dollar terms, the gap has widened by $12,767 since 2009.
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