Mansfield, Texas Income Statistics

Mansfield 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.

  • B
    Mansfield Around average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Mansfield Texas Avg US Average
Median Household Income $121,220 $78,939 $80,455
Median Personal Income $73,572 $56,913 $60,758
Average Yearly Income Growth 3.7% 4.6% 4.8%
Six-Figure Earners 19.8% 13.0% 13.9%
$200k+ Households 23.8% 12.5% 13.2%

The median household income in Mansfield is about 54% higher than in Texas. Income has been growing slower in Mansfield (3.7%/yr) than in Texas (4.6%/yr).

About 20% of adults in Mansfield 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

Mansfield
United States

Median household income in Mansfield, Texas grew by 55.1% from 2009 to 2024, reaching $121,220 in 2024. That's an average of about 3.7% per year.

Year Mansfield United States

Income Inequality and the Gender Pay Gap in Mansfield

Metric Mansfield Texas Avg US Average
Gini Coefficient 0.534 0.570 0.552
Male Median Income $84,517 $66,147 $69,667
Female Median Income $67,129 $53,058 $56,850
Gender Pay Gap 20.6% 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 Mansfield, it is 0.534, 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 26% more than women's income in Mansfield, Texas. Over a 35-year career, a 26% wage gap accumulates to roughly $608,580 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Mansfield, Texas has widened from about 20% to 21% in 2024. Over that period the gap was widest at 33% in 2015, and was narrowest at 14% in 2022. In dollar terms, the gap has widened by $6,608 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Mansfield Texas Avg US Average
Unemployment Rate 3.6% 5.2% 5.2%
Working from Home 16.0% 14.4% 15.0%
Commute time (minutes) 30 22 22

Approximately 1,410 people are unemployed in Mansfield, Texas.

The average commute time in Mansfield is 30 minutes, longer than the 22 minutes in Texas.

Unemployment Rate Over Time

Mansfield
United States

Since 2011, the unemployment rate in Mansfield, Texas has fallen from 5.7% to 3.6% in 2024. Over that period the rate peaked at 6.3% in 2012 and fell as low as 3.3% in 2023.

Year Mansfield United States

Mansfield, TX Wealth Compared With Nearby Cities

How Mansfield, TX compares with the 1 cities closest to it.

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.
Mansfield, TX 72,407 $121,220 #1/2 3.7%/yr #2/2 3.6% #1/2 0.534 #1/2
Arlington, TX 395,028 $75,140 4.1%/yr 5.7% 0.547

Conclusion

Considering all these factors, Mansfield, Texas has an overall wealth index grade of B, making it notably better than Texas, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Mansfield, Texas.

How Rich Is Mansfield, Texas?

Mansfield 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 $121,220, about 54% higher than the Texas average of $78,939.

How fast is household income rising in Mansfield, Texas?

Between 2009 and 2024, the median household income in Mansfield, Texas rose 55%, from $78,163 to $121,220. Over the same years, income here lagged behind Texas as a whole: +55% against +64%.

What was the median household income in Mansfield in 2023?

In 2023, the median household income in Mansfield, Texas was $118,353, up 3% from $115,241 in 2022. The Texas median that year was $76,528.

What was the median household income in Mansfield in 2020?

In 2020, the median household income in Mansfield, Texas was $101,033. By 2024 it had risen 20% to $121,220.

How many people earn six figures in Mansfield, Texas?

Yes. 20% of adults in Mansfield, Texas earn $100,000 or more a year (about 1 in 5), against 13% (about 1 in 8) in Texas. 24% of households have a combined income of $200,000 or more, compared with 12% in Texas.

Is it hard to find a job in Mansfield, Texas?

Unemployment in Mansfield, Texas is only 3.6%, 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 Mansfield, Texas?

The Gini coefficient in Mansfield is 0.534. 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 Mansfield, Texas?

Since 2009, the income gap between men and women in Mansfield, Texas has widened from about 20% to 21% in 2024. Over that period the gap was widest at 33% in 2015, and was narrowest at 14% in 2022. In dollar terms, the gap has widened by $6,608 since 2009.

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