Lufkin, Texas Income Statistics
Lufkin 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.
-
D
Lufkin Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lufkin | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,199 | $78,939 | $80,455 |
| Median Personal Income | $42,800 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.6% | 4.8% |
| Six-Figure Earners | 5.8% | 13.0% | 13.9% |
| $200k+ Households | 5.3% | 12.5% | 13.2% |
The median household income in Lufkin is about 28% lower than in Texas. Income has been growing slower in Lufkin (3.9%/yr) than in Texas (4.6%/yr).
About 6% of adults in Lufkin 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 Lufkin, Texas grew by 50.0% from 2009 to 2024, reaching $57,199 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Lufkin
| Metric | Lufkin | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.547 | 0.570 | 0.552 |
| Male Median Income | $46,608 | $66,147 | $69,667 |
| Female Median Income | $43,758 | $53,058 | $56,850 |
| Gender Pay Gap | 6.1% | 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 Lufkin, it is 0.547, 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.
Men's income is about 7% more than women's income in Lufkin, Texas. Over a 35-year career, a 7% wage gap accumulates to roughly $99,750 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lufkin, Texas has narrowed from about 10% to 6% in 2024. Over that period the gap was widest at 25% in 2021, and was narrowest at 2% in 2014. In dollar terms, the gap has narrowed by $610 since 2009.
Employment
| Metric | Lufkin | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.0% | 5.2% | 5.2% |
| Working from Home | 6.4% | 14.4% | 15.0% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 1,012 people are unemployed in Lufkin, Texas.
The average commute time in Lufkin is 13 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lufkin, Texas has fallen from 7.8% to 7.0% in 2024. Over that period the rate peaked at 9.9% in 2014 and fell as low as 6.5% in 2019.
Conclusion
Considering all these factors, Lufkin, 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 Lufkin, Texas.
How Rich Is Lufkin, Texas?
Lufkin 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 $57,199, about 28% lower than the Texas average of $78,939.
How fast is household income rising in Lufkin, Texas?
Between 2009 and 2024, the median household income in Lufkin, Texas rose 50%, from $38,143 to $57,199. Over the same years, income here lagged behind Texas as a whole: +50% against +64%.
What was the median household income in Lufkin in 2023?
In 2023, the median household income in Lufkin, Texas was $57,037, down 1% from $57,509 in 2022. The Texas median that year was $76,528.
What was the median household income in Lufkin in 2020?
In 2020, the median household income in Lufkin, Texas was $47,599. By 2024 it had risen 20% to $57,199.
Is it hard to find a job in Lufkin, Texas?
Unemployment in Lufkin, Texas is 7.0%, well above the Texas rate of 5.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Lufkin, Texas?
The Gini coefficient in Lufkin is 0.547. 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 Lufkin, Texas?
Since 2009, the income gap between men and women in Lufkin, Texas has narrowed from about 10% to 6% in 2024. Over that period the gap was widest at 25% in 2021, and was narrowest at 2% in 2014. In dollar terms, the gap has narrowed by $610 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 →