Wealth Index
Less wealthy than 79% 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 | Limestone County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,243 | $76,510 | $78,145 |
| Median Personal Income | $48,598 | $58,415 | $61,726 |
| Average income growth | 6.1% | 4.8% | 5.1% |
| Six-Figure Earners | 6.0% | 12.4% | 13.2% |
The median household income in Limestone County is about 25% lower than in Texas. Income has been growing faster in Limestone County (6.1%/yr) than in Texas (4.8%/yr).
About 6% of adults in Limestone 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 Limestone County, Texas grew by 45.9% from 2009 to 2023, reaching $57,243 in 2023. That's an average of about 6.1% per year.
Economic Inequality in Limestone County | Gender Pay Gap | Gini Coefficient
| Metric | Limestone County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.553 | 0.587 | 0.570 |
| Male Median Income | $54,507 | $64,517 | $67,746 |
| Female Median Income | $42,512 | $51,419 | $54,793 |
| Gender Pay Gap | 22.0% | 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 Limestone County, it is 0.553, 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 28% more than women's income in Limestone County, Texas. Over a 35-year career, a 28% wage gap accumulates to roughly $419,825 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Limestone County, Texas has narrowed from about 23% to 22% in 2023. In dollar terms, the gap has widened by $2,814 since 2009.
Employment
| Metric | Limestone County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 5.1% | 5.2% |
| Working from Home | 7.5% | 12.8% | 13.4% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 274 people are unemployed in Limestone County, Texas.
The average commute time in Limestone County is 18 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Limestone County, Texas has fallen from 5.1% to 3.2% in 2023.
Conclusion
Considering all these factors, Limestone County, Texas has an overall wealth index grade of D, making it somewhat worse than Texas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Limestone County, Texas.
How Rich Is Limestone County, Texas?
Limestone County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $57,243, about 25% lower than the Texas average of $76,510.
What is the current median household income in Limestone County, Texas?
As of 2023, the median household income in Limestone County, Texas is $57,243.
What was the median household income in Limestone County in 2023?
In 2023, the median household income in Limestone County, Texas was $57,243.
What was the median household income in Limestone County in 2020?
In 2020, the median household income in Limestone County, Texas was $45,932.
What is the Gini coefficient in Limestone County, Texas?
The Gini coefficient in Limestone County is 0.553. 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 Limestone County, Texas?
Since 2009, the income gap between men and women in Limestone County, Texas has narrowed from about 23% to 22% in 2023. In dollar terms, the gap has widened by $2,814 since 2009.