Parmer County, Texas Income Statistics
Parmer 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
Parmer County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Parmer County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $72,449 | $78,939 | $80,455 |
| Median Personal Income | $43,741 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.6% | 4.8% |
| Six-Figure Earners | 8.3% | 13.0% | 13.9% |
| $200k+ Households | 6.8% | 12.5% | 13.2% |
The median household income in Parmer County is about 8% lower than in Texas. Income has been growing faster in Parmer County (5.1%/yr) than in Texas (4.6%/yr).
About 8% of adults in Parmer 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 Parmer County, Texas grew by 96.9% from 2009 to 2024, reaching $72,449 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Parmer County
| Metric | Parmer County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.546 | 0.570 | 0.552 |
| Male Median Income | $50,499 | $66,147 | $69,667 |
| Female Median Income | $45,887 | $53,058 | $56,850 |
| Gender Pay Gap | 9.1% | 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 Parmer County, it is 0.546, 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 10% more than women's income in Parmer County, Texas. Over a 35-year career, a 10% wage gap accumulates to roughly $161,420 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Parmer County, Texas has narrowed from about 12% to 9% in 2024. Over that period the gap was widest at 29% in 2020, and was narrowest at 8% in 2022. In dollar terms, the gap has widened by $971 since 2009.
Employment
| Metric | Parmer County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 5.2% | 5.2% |
| Working from Home | 2.6% | 14.4% | 15.0% |
| Commute time (minutes) | 15 | 22 | 22 |
Approximately 124 people are unemployed in Parmer County, Texas.
The average commute time in Parmer County is 15 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Parmer County, Texas has fallen from 3.3% to 2.6% in 2024. Over that period the rate peaked at 5.3% in 2013 and fell as low as 1.3% in 2018.
Parmer County, TX Wealth Compared With Nearby Counties
Parmer County, TX is the 4th largest of the 6 counties compared here, 9,731 residents against a local median of 12,828. Where Parmer County, TX breaks from the counties next to it is income growth, sitting 28% above the local median of 4.0%/yr at 5.1%/yr. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 2.6% against a local median of 3.5%, 23% below it. Every measure here with a clear better direction points the same way, so Parmer County, TX is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 2.6%/yr on income growth, so Parmer County, TX sits at one end of an already wide local range rather than apart from it. Parmer County, TX has the 2nd 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. |
|---|---|---|---|---|---|
| Parmer County, TX | 9,731 | $72,449 #1/6 | 5.1%/yr #2/6 | 2.6% #3/6 | 0.546 #1/6 |
| Bailey County, TX | 6,913 | $62,241 | 5.8%/yr | 1.0% | 0.589 |
| Deaf Smith County, TX | 18,460 | $61,471 | 3.2%/yr | 3.5% | 0.557 |
| Castro County, TX | 7,344 | $53,146 | 3.3%/yr | 3.7% | 0.607 |
| Curry County, NM | 47,638 | $58,178 | 4.0%/yr | 6.9% | 0.558 |
| Lamb County, TX | 12,828 | $61,051 | 5.0%/yr | 2.1% | 0.553 |
Conclusion
Considering all these factors, Parmer 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 Parmer County, Texas.
How Rich Is Parmer County, Texas?
Parmer 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 $72,449, about 8% lower than the Texas average of $78,939.
How fast is household income rising in Parmer County, Texas?
Between 2009 and 2024, the median household income in Parmer County, Texas rose 97%, from $36,800 to $72,449. Over the same years, income here outpaced Texas as a whole: +97% against +64%.
What was the median household income in Parmer County in 2023?
In 2023, the median household income in Parmer County, Texas was $70,934, up 4% from $68,319 in 2022. The Texas median that year was $76,528.
What was the median household income in Parmer County in 2020?
In 2020, the median household income in Parmer County, Texas was $59,317. By 2024 it had risen 22% to $72,449.
Is unemployment high in Parmer County, Texas?
Unemployment in Parmer County, Texas is only 2.6%, 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 Parmer County, Texas?
The Gini coefficient in Parmer County is 0.546. 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 Parmer County, Texas?
Since 2009, the income gap between men and women in Parmer County, Texas has narrowed from about 12% to 9% in 2024. Over that period the gap was widest at 29% in 2020, and was narrowest at 8% in 2022. In dollar terms, the gap has widened by $971 since 2009.
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