Wealth Index
Wealthier than 82% of counties in Texas
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.
Income Statistics Overview
| Metric | Motley County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,304 | $76,510 | $78,145 |
| Median Personal Income | $57,685 | $58,415 | $61,726 |
| Average income growth | 8.5% | 4.8% | 5.1% |
| Six-Figure Earners | 5.6% | 12.4% | 13.2% |
The median household income in Motley County is about 20% lower than in Texas. Income has been growing faster in Motley County (8.5%/yr) than in Texas (4.8%/yr).
About 6% of adults in Motley County earn six figures ($100,000 or more) a year, lower than the Texas average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Motley County, Texas grew by 85.8% from 2009 to 2023, reaching $61,304 in 2023. That's an average of about 8.5% per year.
Economic Inequality in Motley County | Gender Pay Gap | Gini Coefficient
| Metric | Motley County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.539 | 0.587 | 0.570 |
| Male Median Income | $61,521 | $64,517 | $67,746 |
| Female Median Income | $49,165 | $51,419 | $54,793 |
| Gender Pay Gap | 20.1% | 20.3% | 19.1% |
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 Motley County, it is 0.539, lower than Texas's 0.587, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 25% more than women's income in Motley County, Texas. Over a 35-year career, a 25% wage gap accumulates to roughly $432,460 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Motley County, Texas has narrowed from about 32% to 20% in 2023. In dollar terms, the gap has widened by $1,028 since 2009.
Employment
| Metric | Motley County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.0% | 5.1% | 5.2% |
| Working from Home | 11.7% | 12.8% | 13.4% |
| Commute time (minutes) | 12 | 22 | 22 |
Approximately 6 people are unemployed in Motley County, Texas.
The average commute time in Motley County is 12 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Motley County, Texas has fallen from 7.5% to 1.0% in 2023.
Conclusion
Considering all these factors, Motley County, Texas has an overall wealth index grade of C, making it somewhat better than Texas, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Motley County, Texas.
How Rich Is Motley County, Texas?
Motley 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 $61,304, about 20% lower than the Texas average of $76,510.
What is the current median household income in Motley County, Texas?
As of 2023, the median household income in Motley County, Texas is $61,304.
What was the median household income in Motley County in 2023?
In 2023, the median household income in Motley County, Texas was $61,304.
What was the median household income in Motley County in 2020?
In 2020, the median household income in Motley County, Texas was $45,357.
What is the Gini coefficient in Motley County, Texas?
The Gini coefficient in Motley County is 0.539. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Motley County, Texas?
Since 2009, the income gap between men and women in Motley County, Texas has narrowed from about 32% to 20% in 2023. In dollar terms, the gap has widened by $1,028 since 2009.