Pecan Grove, Texas Income Statistics
Pecan Grove Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
A+
Pecan Grove Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pecan Grove | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $128,691 | $78,939 | $80,455 |
| Median Personal Income | $73,243 | $56,913 | $60,758 |
| Average Yearly Income Growth | 2.3% | 4.6% | 4.8% |
| Six-Figure Earners | 21.0% | 13.0% | 13.9% |
| $200k+ Households | 23.3% | 12.5% | 13.2% |
The median household income in Pecan Grove is about 63% higher than in Texas. Income has been growing slower in Pecan Grove (2.3%/yr) than in Texas (4.6%/yr).
About 21% of adults in Pecan Grove earn six figures ($100,000 or more) a year, higher than the Texas average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Pecan Grove, Texas grew by 19.9% from 2009 to 2024, reaching $128,691 in 2024. That's an average of about 2.3% per year.
Income Inequality and the Gender Pay Gap in Pecan Grove
| Metric | Pecan Grove | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.528 | 0.570 | 0.552 |
| Male Median Income | $90,918 | $66,147 | $69,667 |
| Female Median Income | $65,534 | $53,058 | $56,850 |
| Gender Pay Gap | 27.9% | 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 Pecan Grove, it is 0.528, 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 39% more than women's income in Pecan Grove, Texas. Over a 35-year career, a 39% wage gap accumulates to roughly $888,440 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pecan Grove, Texas has narrowed from about 49% to 28% in 2024. Over that period the gap was widest at 49% in 2020. In dollar terms, the gap has narrowed by $16,579 since 2009.
Employment
| Metric | Pecan Grove | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.2% | 5.2% | 5.2% |
| Working from Home | 18.1% | 14.4% | 15.0% |
| Commute time (minutes) | 32 | 22 | 22 |
Approximately 504 people are unemployed in Pecan Grove, Texas.
The average commute time in Pecan Grove is 32 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pecan Grove, Texas has risen from 2.3% to 4.2% in 2024. Over that period the rate peaked at 5.3% in 2021.
Pecan Grove, TX Wealth Compared With Nearby Cities
How Pecan Grove, TX compares with the 2 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Pecan Grove, TX | 21,316 | $128,691 #2/3 | 2.3%/yr #1/3 | 4.2% #1/3 | 0.528 #1/3 |
| Mission Bend, TX | 32,820 | $69,721 | 1.5%/yr | 9.3% | 0.598 |
| Sugar Land, TX | 108,793 | $131,319 | 2.2%/yr | 4.5% | 0.561 |
Conclusion
Considering all these factors, Pecan Grove, Texas has an overall wealth index grade of A+, making it far better than Texas, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pecan Grove, Texas.
How Rich Is Pecan Grove, Texas?
Pecan Grove has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $128,691, about 63% higher than the Texas average of $78,939.
Are incomes growing in Pecan Grove, Texas?
Between 2009 and 2024, the median household income in Pecan Grove, Texas rose 20%, from $107,327 to $128,691. Over the same years, income here lagged behind Texas as a whole: +20% against +64%.
What was the median household income in Pecan Grove in 2023?
In 2023, the median household income in Pecan Grove, Texas was $131,282, up 3% from $127,502 in 2022. The Texas median that year was $76,528.
What was the median household income in Pecan Grove in 2020?
In 2020, the median household income in Pecan Grove, Texas was $98,472. By 2024 it had risen 31% to $128,691.
Do many residents of Pecan Grove, Texas earn over $100,000?
Yes. 21% of adults in Pecan Grove, Texas earn $100,000 or more a year (about 1 in 5), against 13% (about 1 in 8) in Texas. 23% of households have a combined income of $200,000 or more, compared with 12% in Texas.
What is the Gini coefficient in Pecan Grove, Texas?
The Gini coefficient in Pecan Grove is 0.528. 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 Pecan Grove, Texas?
Since 2009, the income gap between men and women in Pecan Grove, Texas has narrowed from about 49% to 28% in 2024. Over that period the gap was widest at 49% in 2020. In dollar terms, the gap has narrowed by $16,579 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →