Wealth Index
Wealthier than 83% of counties in Texas
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.
Income Statistics Overview
| Metric | Johnson County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $82,593 | $76,510 | $78,145 |
| Median Personal Income | $56,953 | $58,415 | $61,726 |
| Average income growth | 4.9% | 4.8% | 5.1% |
| Six-Figure Earners | 9.5% | 12.4% | 13.2% |
The median household income in Johnson County is about 8% higher than in Texas. Income has been growing faster in Johnson County (4.9%/yr) than in Texas (4.8%/yr).
About 9% of adults in Johnson County earn six figures ($100,000 or more) a year, lower than the Texas average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Johnson County, Texas grew by 53.5% from 2009 to 2023, reaching $82,593 in 2023. That's an average of about 4.9% per year.
Economic Inequality in Johnson County | Gender Pay Gap | Gini Coefficient
| Metric | Johnson County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.546 | 0.587 | 0.570 |
| Male Median Income | $62,323 | $64,517 | $67,746 |
| Female Median Income | $48,415 | $51,419 | $54,793 |
| Gender Pay Gap | 22.3% | 20.3% | 19.1% |
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 Johnson County, it is 0.546, lower than Texas's 0.587, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 29% more than women's income in Johnson County, Texas. Over a 35-year career, a 29% wage gap accumulates to roughly $486,780 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Johnson County, Texas has narrowed from about 26% to 22% in 2023. In dollar terms, the gap has widened by $2,437 since 2009.
Employment
| Metric | Johnson County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 5.1% | 5.2% |
| Working from Home | 6.2% | 12.8% | 13.4% |
| Commute time (minutes) | 31 | 22 | 22 |
Approximately 3,322 people are unemployed in Johnson County, Texas.
The average commute time in Johnson County is 31 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Johnson County, Texas has fallen from 7.1% to 3.5% in 2023.
Conclusion
Considering all these factors, Johnson County, Texas has an overall wealth index grade of B, making it somewhat better than Texas, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Johnson County, Texas.
How Rich Is Johnson County, Texas?
Johnson County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $82,593, about 8% higher than the Texas average of $76,510.
What is the current median household income in Johnson County, Texas?
As of 2023, the median household income in Johnson County, Texas is $82,593.
What was the median household income in Johnson County in 2023?
In 2023, the median household income in Johnson County, Texas was $82,593.
What was the median household income in Johnson County in 2020?
In 2020, the median household income in Johnson County, Texas was $65,703.
What is the Gini coefficient in Johnson County, Texas?
The Gini coefficient in Johnson County is 0.546. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Johnson County, Texas?
Since 2009, the income gap between men and women in Johnson County, Texas has narrowed from about 26% to 22% in 2023. In dollar terms, the gap has widened by $2,437 since 2009.