Oldham County, Texas Income Statistics
Oldham 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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C
Oldham County Below averageWealthier than 80% of counties in Texas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Oldham County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $82,647 | $78,939 | $80,455 |
| Median Personal Income | $50,667 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.8% | 4.6% | 4.8% |
| Six-Figure Earners | 9.4% | 13.0% | 13.9% |
| $200k+ Households | 10.6% | 12.5% | 13.2% |
The median household income in Oldham County is about 5% higher than in Texas. Income has been growing faster in Oldham County (5.8%/yr) than in Texas (4.6%/yr).
About 9% of adults in Oldham 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 Oldham County, Texas grew by 74.6% from 2009 to 2024, reaching $82,647 in 2024. That's an average of about 5.8% per year.
Income Inequality and the Gender Pay Gap in Oldham County
| Metric | Oldham County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.653 | 0.570 | 0.552 |
| Male Median Income | $68,295 | $66,147 | $69,667 |
| Female Median Income | $47,291 | $53,058 | $56,850 |
| Gender Pay Gap | 30.8% | 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 Oldham County, it is 0.653, higher than Texas's 0.570, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 44% more than women's income in Oldham County, Texas. Over a 35-year career, a 44% wage gap accumulates to roughly $735,140 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Oldham County, Texas has narrowed from about 33% to 31% in 2024. Over that period the gap was widest at 42% in 2023, and was narrowest at 10% in 2013. In dollar terms, the gap has widened by $9,293 since 2009.
Employment
| Metric | Oldham County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.7% | 5.2% | 5.2% |
| Working from Home | 7.2% | 14.4% | 15.0% |
| Commute time (minutes) | 28 | 22 | 22 |
Approximately 15 people are unemployed in Oldham County, Texas.
The average commute time in Oldham County is 28 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Oldham County, Texas has fallen from 6.6% to 1.7% in 2024. Over that period the rate peaked at 9.9% in 2014 and fell as low as 1.0% in 2020.
Oldham County, TX Wealth Compared With Nearby Counties
Oldham County, TX is the smallest of the 6 counties compared here, 2,249 residents against a local median of 21,373. The measure that sets Oldham County, TX apart most is income growth: 5.8%/yr, 81% above the local median of 3.2%/yr. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 1.7% against a local median of 3.3%, 48% below it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while income inequality runs behind it, so Oldham County, TX is trading one against the other rather than simply out-performing what surrounds it. The counties themselves sit within 1.2%/yr of each other on income growth, a tighter band than the gap between any of them and Oldham County, TX, which makes it a genuine outlier here rather than one end of a wide local spread. Oldham 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. |
|---|---|---|---|---|---|
| Oldham County, TX | 2,249 | $82,647 #2/6 | 5.8%/yr #1/6 | 1.7% #2/6 | 0.653 #6/6 |
| Hartley County, TX | 5,215 | $76,743 | 2.6%/yr | 1.6% | 0.642 |
| Deaf Smith County, TX | 18,460 | $61,471 | 3.2%/yr | 3.5% | 0.557 |
| Potter County, TX | 115,952 | $54,162 | 3.8%/yr | 3.8% | 0.591 |
| Randall County, TX | 146,053 | $83,136 | 3.5%/yr | 2.9% | 0.535 |
| Moore County, TX | 21,373 | $62,549 | 2.7%/yr | 3.3% | 0.558 |
Conclusion
Considering all these factors, Oldham County, Texas has an overall wealth index grade of C, making it about on par with Texas, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Oldham County, Texas.
How Wealthy Is Oldham County, Texas?
Oldham 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 $82,647, about 5% higher than the Texas average of $78,939.
How has median household income changed in Oldham County, Texas?
Between 2009 and 2024, the median household income in Oldham County, Texas rose 75%, from $47,339 to $82,647. Over the same years, income here outpaced Texas as a whole: +75% against +64%.
What was the median household income in Oldham County in 2023?
In 2023, the median household income in Oldham County, Texas was $79,818, up 15% from $69,435 in 2022. The Texas median that year was $76,528.
What was the median household income in Oldham County in 2020?
In 2020, the median household income in Oldham County, Texas was $64,518. By 2024 it had risen 28% to $82,647.
Is it hard to find a job in Oldham County, Texas?
Unemployment in Oldham County, Texas is only 1.7%, 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 Oldham County, Texas?
The Gini coefficient in Oldham County is 0.653. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Oldham County, Texas?
Since 2009, the income gap between men and women in Oldham County, Texas has narrowed from about 33% to 31% in 2024. Over that period the gap was widest at 42% in 2023, and was narrowest at 10% in 2013. In dollar terms, the gap has widened by $9,293 since 2009.
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