Loving County, Texas Income Statistics
Loving 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.
-
C
Loving County Below averageWealthier than 75% of counties in Texas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Loving County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,000 | $78,939 | $80,455 |
| Median Personal Income | $82,748 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.0% | 4.6% | 4.8% |
| Six-Figure Earners | 9.1% | 13.0% | 13.9% |
| $200k+ Households | 3.7% | 12.5% | 13.2% |
The median household income in Loving County is about 30% lower than in Texas. Income has been growing slower in Loving County (3.0%/yr) than in Texas (4.6%/yr).
About 9% of adults in Loving 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 Loving County, Texas fell by 35.8% from 2009 to 2024, reaching $55,000 in 2024. That's an average of about 3.0% per year.
Income Inequality and the Gender Pay Gap in Loving County
| Metric | Loving County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.273 | 0.570 | 0.552 |
| Male Median Income | $43,749 | $66,147 | $69,667 |
| Female Median Income | $133,333 | $53,058 | $56,850 |
| Gender Pay Gap | -204.8% | 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 Loving County, it is 0.273, 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.
Women's income is about 205% more than men's income in Loving County, Texas. Over a 35-year career, a 205% wage gap accumulates to roughly $3,135,440 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Loving County, Texas has widened from about -57% to -205% in 2024. Over that period the gap was widest at 49% in 2018, and in 2023 women out-earned men by 252%. In dollar terms, the gap has narrowed by $70,777 since 2009.
Employment
| Metric | Loving County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.0% | 5.2% | 5.2% |
| Working from Home | 0.0% | 14.4% | 15.0% |
| Commute time (minutes) | 3 | 22 | 22 |
The average commute time in Loving County is 3 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Loving County, Texas has fallen from 6.7% to 1.0% in 2024. Over that period the rate peaked at 16.2% in 2014 and fell as low as 1.0% in 2016.
Loving County, TX Wealth Compared With Nearby Counties
Loving County, TX is the smallest of the 6 counties compared here, 33 residents against a local median of 12,664. The measure that sets Loving County, TX apart most is unemployment: 1.0%, 72% below the local median of 3.6%. That is the better end of the local range on this measure.
Income inequality tells the same story from another angle: 0.273 against a local median of 0.579, 53% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while median household income runs behind it, so Loving County, TX is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 4.5% on unemployment, so Loving County, TX sits at one end of an already wide local range rather than apart from it. Loving County, TX has the lowest unemployment 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. |
|---|---|---|---|---|---|
| Loving County, TX | 33 | $55,000 #6/6 | 3.0%/yr #4/6 | 1.0% #1/6 | 0.273 #1/6 |
| Winkler County, TX | 7,454 | $87,000 | 6.4%/yr | 3.6% | 0.579 |
| Reeves County, TX | 12,664 | $62,977 | 4.1%/yr | 2.4% | 0.617 |
| Ward County, TX | 11,144 | $66,636 | 2.0%/yr | 2.9% | 0.560 |
| Eddy County, NM | 61,104 | $77,819 | 3.6%/yr | 5.5% | 0.571 |
| Lea County, NM | 73,733 | $67,016 | 1.8%/yr | 6.9% | 0.619 |
Conclusion
Considering all these factors, Loving 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 Loving County, Texas.
How Rich Is Loving County, Texas?
Loving 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 $55,000, about 30% lower than the Texas average of $78,939.
How fast is household income rising in Loving County, Texas?
Between 2009 and 2024, the median household income in Loving County, Texas fell 36%, from $85,623 to $55,000. Over the same years, income here lagged behind Texas as a whole: -36% against +64%.
What was the median household income in Loving County in 2023?
In 2023, the median household income in Loving County, Texas was $54,347, up 12% from $48,420 in 2022. The Texas median that year was $76,528.
What was the median household income in Loving County in 2020?
In 2020, the median household income in Loving County, Texas was $43,229. By 2024 it had risen 27% to $55,000.
Is it hard to find a job in Loving County, Texas?
Unemployment in Loving County, Texas is only 1.0%, 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 Loving County, Texas?
The Gini coefficient in Loving County is 0.273. 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 Loving County, Texas?
Since 2009, the income gap between men and women in Loving County, Texas has widened from about -57% to -205% in 2024. Over that period the gap was widest at 49% in 2018, and in 2023 women out-earned men by 252%. In dollar terms, the gap has narrowed by $70,777 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →