Lake Jackson, Texas Income Statistics
Lake Jackson 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.
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B
Lake Jackson Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lake Jackson | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $91,277 | $78,939 | $80,455 |
| Median Personal Income | $63,254 | $56,913 | $60,758 |
| Average Yearly Income Growth | 2.8% | 4.6% | 4.8% |
| Six-Figure Earners | 14.6% | 13.0% | 13.9% |
| $200k+ Households | 10.8% | 12.5% | 13.2% |
The median household income in Lake Jackson is about 16% higher than in Texas. Income has been growing slower in Lake Jackson (2.8%/yr) than in Texas (4.6%/yr).
About 15% of adults in Lake Jackson 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 Lake Jackson, Texas grew by 34.6% from 2009 to 2024, reaching $91,277 in 2024. That's an average of about 2.8% per year.
Income Inequality and the Gender Pay Gap in Lake Jackson
| Metric | Lake Jackson | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.579 | 0.570 | 0.552 |
| Male Median Income | $77,815 | $66,147 | $69,667 |
| Female Median Income | $50,110 | $53,058 | $56,850 |
| Gender Pay Gap | 35.6% | 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 Lake Jackson, it is 0.579, higher than Texas's 0.570, so income is less 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 55% more than women's income in Lake Jackson, Texas. Over a 35-year career, a 55% wage gap accumulates to roughly $969,675 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lake Jackson, Texas has narrowed from about 38% to 36% in 2024. Over that period the gap was widest at 51% in 2015, and was narrowest at 26% in 2021. In dollar terms, the gap has widened by $4,175 since 2009.
Employment
| Metric | Lake Jackson | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.7% | 5.2% | 5.2% |
| Working from Home | 6.0% | 14.4% | 15.0% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 1,037 people are unemployed in Lake Jackson, Texas.
The average commute time in Lake Jackson is 13 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lake Jackson, Texas has risen from 6.2% to 7.7% in 2024. Over that period the rate fell as low as 4.6% in 2020.
Conclusion
Considering all these factors, Lake Jackson, 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 Lake Jackson, Texas.
How Rich Is Lake Jackson, Texas?
Lake Jackson 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 $91,277, about 16% higher than the Texas average of $78,939.
How has median household income changed in Lake Jackson, Texas?
Between 2009 and 2024, the median household income in Lake Jackson, Texas rose 35%, from $67,791 to $91,277. Over the same years, income here lagged behind Texas as a whole: +35% against +64%.
What was the median household income in Lake Jackson in 2023?
In 2023, the median household income in Lake Jackson, Texas was $90,244, about the same as in 2022. The Texas median that year was $76,528.
What was the median household income in Lake Jackson in 2020?
In 2020, the median household income in Lake Jackson, Texas was $79,566. By 2024 it had risen 15% to $91,277.
Is it hard to find a job in Lake Jackson, Texas?
Unemployment in Lake Jackson, Texas is 7.7%, well above the Texas rate of 5.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Lake Jackson, Texas?
The Gini coefficient in Lake Jackson is 0.579. 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 Lake Jackson, Texas?
Since 2009, the income gap between men and women in Lake Jackson, Texas has narrowed from about 38% to 36% in 2024. Over that period the gap was widest at 51% in 2015, and was narrowest at 26% in 2021. In dollar terms, the gap has widened by $4,175 since 2009.
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