Milam County, Texas Income Statistics
Milam 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
Milam County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Milam County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,080 | $78,939 | $80,455 |
| Median Personal Income | $47,113 | $56,913 | $60,758 |
| Average Yearly Income Growth | 6.7% | 4.6% | 4.8% |
| Six-Figure Earners | 8.8% | 13.0% | 13.9% |
| $200k+ Households | 5.9% | 12.5% | 13.2% |
The median household income in Milam County is about 16% lower than in Texas. Income has been growing faster in Milam County (6.7%/yr) than in Texas (4.6%/yr).
About 9% of adults in Milam 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 Milam County, Texas grew by 76.4% from 2009 to 2024, reaching $66,080 in 2024. That's an average of about 6.7% per year.
Income Inequality and the Gender Pay Gap in Milam County
| Metric | Milam County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.545 | 0.570 | 0.552 |
| Male Median Income | $53,688 | $66,147 | $69,667 |
| Female Median Income | $49,433 | $53,058 | $56,850 |
| Gender Pay Gap | 7.9% | 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 Milam County, it is 0.545, 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 9% more than women's income in Milam County, Texas. Over a 35-year career, a 9% wage gap accumulates to roughly $148,925 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Milam County, Texas has narrowed from about 39% to 8% in 2024. In dollar terms, the gap has narrowed by $11,585 since 2009.
Employment
| Metric | Milam County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 5.2% | 5.2% |
| Working from Home | 9.8% | 14.4% | 15.0% |
| Commute time (minutes) | 25 | 22 | 22 |
Approximately 593 people are unemployed in Milam County, Texas.
The average commute time in Milam County is 25 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Milam County, Texas has fallen from 5.9% to 5.0% in 2024. Over that period the rate peaked at 11.2% in 2013 and fell as low as 4.2% in 2018.
Milam County, TX Wealth Compared With Nearby Counties
Milam County, TX is the 2nd largest of the 6 counties compared here, 25,558 residents against a local median of 17,971. Milam County, TX's income growth, at 6.7%/yr, runs 49% above the 4.5%/yr typical of the counties around it. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 5.0% against a local median of 6.0%, 18% below it. Every measure here with a clear better direction points the same way, so Milam County, TX is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 2.0%/yr on income growth, so Milam County, TX sits at one end of an already wide local range rather than apart from it. Milam County, TX has the highest income growth 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. |
|---|---|---|---|---|---|
| Milam County, TX | 25,558 | $66,080 #5/6 | 6.7%/yr #1/6 | 5.0% #1/6 | 0.545 #3/6 |
| Burleson County, TX | 18,857 | $70,372 | 3.5%/yr | 5.0% | 0.508 |
| Falls County, TX | 17,291 | $56,600 | 5.5%/yr | 6.0% | 0.598 |
| Lee County, TX | 17,971 | $77,009 | 4.8%/yr | 6.5% | 0.556 |
| Robertson County, TX | 17,166 | $69,610 | 4.5%/yr | 7.9% | 0.551 |
| Bell County, TX | 386,831 | $68,554 | 3.5%/yr | 6.0% | 0.539 |
Conclusion
Considering all these factors, Milam 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 Milam County, Texas.
How Rich Is Milam County, Texas?
Milam 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 $66,080, about 16% lower than the Texas average of $78,939.
Are incomes growing in Milam County, Texas?
Between 2009 and 2024, the median household income in Milam County, Texas rose 76%, from $37,470 to $66,080. Over the same years, income here outpaced Texas as a whole: +76% against +64%.
What was the median household income in Milam County in 2023?
In 2023, the median household income in Milam County, Texas was $59,172, up 5% from $56,575 in 2022. The Texas median that year was $76,528.
What was the median household income in Milam County in 2020?
In 2020, the median household income in Milam County, Texas was $48,266. By 2024 it had risen 37% to $66,080.
What is the Gini coefficient in Milam County, Texas?
The Gini coefficient in Milam County is 0.545. 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 Milam County, Texas?
Since 2009, the income gap between men and women in Milam County, Texas has narrowed from about 39% to 8% in 2024. In dollar terms, the gap has narrowed by $11,585 since 2009.
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