Menard County, Texas Income Statistics
Menard 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.
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D
Menard County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Menard County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $54,153 | $78,939 | $80,455 |
| Median Personal Income | $48,249 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.6% | 4.8% |
| Six-Figure Earners | 6.5% | 13.0% | 13.9% |
| $200k+ Households | 5.7% | 12.5% | 13.2% |
The median household income in Menard County is about 31% lower than in Texas. Income has been growing faster in Menard County (5.1%/yr) than in Texas (4.6%/yr).
About 7% of adults in Menard 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 Menard County, Texas grew by 73.0% from 2009 to 2024, reaching $54,153 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Menard County
| Metric | Menard County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.488 | 0.570 | 0.552 |
| Male Median Income | $60,670 | $66,147 | $69,667 |
| Female Median Income | $48,105 | $53,058 | $56,850 |
| Gender Pay Gap | 20.7% | 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 Menard County, it is 0.488, 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 Menard County, Texas. Over a 35-year career, a 26% wage gap accumulates to roughly $439,775 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Menard County, Texas has narrowed from about 40% to 21% in 2024. Over that period the gap was widest at 52% in 2010, and was narrowest at 9% in 2020. In dollar terms, the gap has narrowed by $511 since 2009.
Employment
| Metric | Menard County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 10.8% | 5.2% | 5.2% |
| Working from Home | 8.3% | 14.4% | 15.0% |
| Commute time (minutes) | 8 | 22 | 22 |
Approximately 92 people are unemployed in Menard County, Texas.
The average commute time in Menard County is 8 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Menard County, Texas has risen from 9.3% to 10.8% in 2024. Over that period the rate peaked at 14.4% in 2023 and fell as low as 3.1% in 2018.
Menard County, TX Wealth Compared With Nearby Counties
Menard County, TX is the smallest of the 6 counties compared here, 1,955 residents against a local median of 3,955. The measure that sets Menard County, TX apart most is unemployment: 10.8%, 256% above the local median of 3.0%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $54,153 against a local median of $71,303, 24% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Menard County, TX reads weaker than its neighbours on all of them. The counties themselves spread 7.8% on unemployment, so Menard County, TX sits at one end of an already wide local range rather than apart from it. Menard County, TX has the 6th 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. |
|---|---|---|---|---|---|
| Menard County, TX | 1,955 | $54,153 #6/6 | 5.1%/yr #4/6 | 10.8% #6/6 | 0.488 #1/6 |
| Kimble County, TX | 4,389 | $71,303 | 7.3%/yr | 1.3% | 0.518 |
| Concho County, TX | 3,328 | $64,450 | 4.4%/yr | 1.5% | 0.648 |
| McCulloch County, TX | 7,514 | $54,426 | 3.7%/yr | 9.0% | 0.533 |
| Mason County, TX | 3,955 | $72,067 | 9.1%/yr | 3.0% | 0.529 |
| Schleicher County, TX | 2,381 | $81,801 | 6.3%/yr | 5.4% | 0.549 |
Conclusion
Considering all these factors, Menard County, Texas has an overall wealth index grade of D, making it about on par with Texas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Menard County, Texas.
How Rich Is Menard County, Texas?
Menard 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 $54,153, about 31% lower than the Texas average of $78,939.
How has median household income changed in Menard County, Texas?
Between 2009 and 2024, the median household income in Menard County, Texas rose 73%, from $31,300 to $54,153. Over the same years, income here outpaced Texas as a whole: +73% against +64%.
What was the median household income in Menard County in 2023?
In 2023, the median household income in Menard County, Texas was $47,074, up 15% from $41,061 in 2022. The Texas median that year was $76,528.
What was the median household income in Menard County in 2020?
In 2020, the median household income in Menard County, Texas was $43,238. By 2024 it had risen 25% to $54,153.
Is it hard to find a job in Menard County, Texas?
Unemployment in Menard County, Texas is 10.8%, well above the Texas rate of 5.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Menard County, Texas?
The Gini coefficient in Menard County is 0.488. 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 Menard County, Texas?
Since 2009, the income gap between men and women in Menard County, Texas has narrowed from about 40% to 21% in 2024. Over that period the gap was widest at 52% in 2010, and was narrowest at 9% in 2020. In dollar terms, the gap has narrowed by $511 since 2009.
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