Wealth Index
Wealthier than 87% 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 | Orange County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,721 | $76,510 | $78,145 |
| Median Personal Income | $62,730 | $58,415 | $61,726 |
| Average income growth | 5.2% | 4.8% | 5.1% |
| Six-Figure Earners | 11.6% | 12.4% | 13.2% |
The median household income in Orange County is about 4% lower than in Texas. Income has been growing faster in Orange County (5.2%/yr) than in Texas (4.8%/yr).
About 12% of adults in Orange 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 Orange County, Texas grew by 62.0% from 2009 to 2023, reaching $73,721 in 2023. That's an average of about 5.2% per year.
Economic Inequality in Orange County | Gender Pay Gap | Gini Coefficient
| Metric | Orange County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.576 | 0.587 | 0.570 |
| Male Median Income | $76,135 | $64,517 | $67,746 |
| Female Median Income | $49,188 | $51,419 | $54,793 |
| Gender Pay Gap | 35.4% | 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 Orange County, it is 0.576, lower than Texas's 0.587, so income is more evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 55% more than women's income in Orange County, Texas. Over a 35-year career, a 55% wage gap accumulates to roughly $943,145 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Orange County, Texas has narrowed from about 42% to 35% in 2023. In dollar terms, the gap has widened by $4,815 since 2009.
Employment
| Metric | Orange County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.3% | 5.1% | 5.2% |
| Working from Home | 3.6% | 12.8% | 13.4% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 2,577 people are unemployed in Orange County, Texas.
The average commute time in Orange County is 22 minutes, about the same as in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Orange County, Texas has fallen from 7.2% to 6.3% in 2023.
Conclusion
Considering all these factors, Orange County, Texas has an overall wealth index grade of B, making it somewhat better than Texas, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Orange County, Texas.
How Wealthy Is Orange County, Texas?
Orange County 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 $73,721, about 4% lower than the Texas average of $76,510.
What is the current median household income in Orange County, Texas?
As of 2023, the median household income in Orange County, Texas is $73,721.
What was the median household income in Orange County in 2023?
In 2023, the median household income in Orange County, Texas was $73,721.
What was the median household income in Orange County in 2020?
In 2020, the median household income in Orange County, Texas was $64,414.
What is the Gini coefficient in Orange County, Texas?
The Gini coefficient in Orange County is 0.576. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Orange County, Texas?
Since 2009, the income gap between men and women in Orange County, Texas has narrowed from about 42% to 35% in 2023. In dollar terms, the gap has widened by $4,815 since 2009.