Potter County, Texas Income Statistics

Potter 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.

  • D
    Potter County Well below average
    Less wealthy than 78% of counties in Texas

Source: Map AI Methodology

Potter County
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Wealth grade

Income Statistics Overview

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Metric Potter County Texas Avg US Average
Median Household Income $54,162 $78,939 $80,455
Median Personal Income $43,022 $56,913 $60,758
Average Yearly Income Growth 3.8% 4.6% 4.8%
Six-Figure Earners 7.0% 13.0% 13.9%
$200k+ Households 5.1% 12.5% 13.2%

The median household income in Potter County is about 31% lower than in Texas. Income has been growing slower in Potter County (3.8%/yr) than in Texas (4.6%/yr).

About 7% of adults in Potter 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

Potter County
United States

Median household income in Potter County, Texas grew by 55.4% from 2009 to 2024, reaching $54,162 in 2024. That's an average of about 3.8% per year.

Year Potter County United States

Income Inequality and the Gender Pay Gap in Potter County

Metric Potter County Texas Avg US Average
Gini Coefficient 0.591 0.570 0.552
Male Median Income $52,477 $66,147 $69,667
Female Median Income $42,206 $53,058 $56,850
Gender Pay Gap 19.6% 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 Potter County, it is 0.591, 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 24% more than women's income in Potter County, Texas. Over a 35-year career, a 24% wage gap accumulates to roughly $359,485 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Potter County, Texas has widened from about 18% to 20% in 2024. Over that period the gap was widest at 23% in 2022, and was narrowest at 13% in 2014. In dollar terms, the gap has widened by $4,361 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Potter County Texas Avg US Average
Unemployment Rate 3.8% 5.2% 5.2%
Working from Home 6.0% 14.4% 15.0%
Commute time (minutes) 17 22 22

Approximately 1,988 people are unemployed in Potter County, Texas.

The average commute time in Potter County is 17 minutes, shorter than the 22 minutes in Texas.

Unemployment Rate Over Time

Potter County
United States

Since 2011, the unemployment rate in Potter County, Texas has fallen from 6.3% to 3.8% in 2024. Over that period the rate fell as low as 3.4% in 2020.

Year Potter County United States

Potter County, TX Wealth Compared With Nearby Counties

Potter County, TX is the 2nd largest of the 6 counties compared here, 115,952 residents against a local median of 20,184. Where Potter County, TX breaks from the counties next to it is unemployment, sitting 31% above the local median of 2.9% at 3.8%. That is the weaker end of the local range on this measure.

Median household income tells the same story from another angle: $54,162 against a local median of $74,176, 27% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Potter County, TX reads weaker than its neighbours on all of them. The counties themselves spread 2.4% on unemployment, so Potter County, TX sits at one end of an already wide local range rather than apart from it. Potter County, TX has the 6th lowest unemployment 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.
Potter County, TX 115,952 $54,162 #6/6 3.8%/yr #2/6 3.8% #6/6 0.591 #6/6
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
Carson County, TX 5,801 $83,663 3.5%/yr 1.2% 0.545
Armstrong County, TX 1,822 $74,176 1.8%/yr 1.2% 0.449
Hutchinson County, TX 20,184 $68,358 4.1%/yr 3.6% 0.572

Conclusion

Considering all these factors, Potter County, Texas has an overall wealth index grade of D, making it somewhat worse than Texas, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Potter County, Texas.

How Rich Is Potter County, Texas?

Potter County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $54,162, about 31% lower than the Texas average of $78,939.

How has median household income changed in Potter County, Texas?

Between 2009 and 2024, the median household income in Potter County, Texas rose 55%, from $34,849 to $54,162. Over the same years, income here lagged behind Texas as a whole: +55% against +64%.

What was the median household income in Potter County in 2023?

In 2023, the median household income in Potter County, Texas was $50,635, up 5% from $48,184 in 2022. The Texas median that year was $76,528.

What was the median household income in Potter County in 2020?

In 2020, the median household income in Potter County, Texas was $43,674. By 2024 it had risen 24% to $54,162.

Is unemployment high in Potter County, Texas?

Unemployment in Potter County, Texas is only 3.8%, 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 Potter County, Texas?

The Gini coefficient in Potter County is 0.591. 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 Potter County, Texas?

Since 2009, the income gap between men and women in Potter County, Texas has widened from about 18% to 20% in 2024. Over that period the gap was widest at 23% in 2022, and was narrowest at 13% in 2014. In dollar terms, the gap has widened by $4,361 since 2009.

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