Randall County, Texas Income Statistics

Randall 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.

  • B
    Randall County Around average
    Wealthier than 94% of counties in Texas

Source: Map AI Methodology

Randall County
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Wealth grade

Income Statistics Overview

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Metric Randall County Texas Avg US Average
Median Household Income $83,136 $78,939 $80,455
Median Personal Income $59,062 $56,913 $60,758
Average Yearly Income Growth 3.5% 4.6% 4.8%
Six-Figure Earners 13.0% 13.0% 13.9%
$200k+ Households 10.7% 12.5% 13.2%

The median household income in Randall County is about 5% higher than in Texas. Income has been growing slower in Randall County (3.5%/yr) than in Texas (4.6%/yr).

About 13% of adults in Randall County earn six figures ($100,000 or more) a year, about the same as the Texas average of 13%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Randall County
United States

Median household income in Randall County, Texas grew by 52.2% from 2009 to 2024, reaching $83,136 in 2024. That's an average of about 3.5% per year.

Year Randall County United States

Income Inequality and the Gender Pay Gap in Randall County

Metric Randall County Texas Avg US Average
Gini Coefficient 0.535 0.570 0.552
Male Median Income $71,388 $66,147 $69,667
Female Median Income $53,489 $53,058 $56,850
Gender Pay Gap 25.1% 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 Randall County, it is 0.535, 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 33% more than women's income in Randall County, Texas. Over a 35-year career, a 33% wage gap accumulates to roughly $626,465 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 Randall County, Texas has widened from about 24% to 25% in 2024. Over that period the gap was widest at 26% in 2021, and was narrowest at 22% in 2013. In dollar terms, the gap has widened by $6,721 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Randall County Texas Avg US Average
Unemployment Rate 2.9% 5.2% 5.2%
Working from Home 7.5% 14.4% 15.0%
Commute time (minutes) 17 22 22

Approximately 2,247 people are unemployed in Randall County, Texas.

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

Unemployment Rate Over Time

Randall County
United States

Since 2011, the unemployment rate in Randall County, Texas has fallen from 4.4% to 2.9% in 2024. Over that period the rate fell as low as 2.8% in 2022.

Year Randall County United States

Randall County, TX Wealth Compared With Nearby Counties

Randall County, TX is the largest of the 6 counties compared here, 146,053 residents against a local median of 6,937. Randall County, TX's median household income, at $83,136, runs 53% above the $54,162 typical of the counties around it. That is the better end of the local range on this measure.

Unemployment tells the same story from another angle: 2.9% against a local median of 3.7%, 22% below it. Every measure here with a clear better direction points the same way, so Randall County, TX is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread $46,653 on median household income, so Randall County, TX sits at one end of an already wide local range rather than apart from it. Randall County, TX has the 2nd highest median household income 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.
Randall County, TX 146,053 $83,136 #2/6 3.5%/yr #2/6 2.9% #3/6 0.535 #2/6
Potter County, TX 115,952 $54,162 3.8%/yr 3.8% 0.591
Swisher County, TX 6,937 $37,009 0.8%/yr 4.3% 0.610
Armstrong County, TX 1,822 $74,176 1.8%/yr 1.2% 0.449
Castro County, TX 7,344 $53,146 3.3%/yr 3.7% 0.607
Carson County, TX 5,801 $83,663 3.5%/yr 1.2% 0.545

Conclusion

Considering all these factors, Randall 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 Randall County, Texas.

How Rich Is Randall County, Texas?

Randall 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 $83,136, about 5% higher than the Texas average of $78,939.

Are incomes growing in Randall County, Texas?

Between 2009 and 2024, the median household income in Randall County, Texas rose 52%, from $54,625 to $83,136. Over the same years, income here lagged behind Texas as a whole: +52% against +64%.

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

In 2023, the median household income in Randall County, Texas was $80,017, up 2% from $78,115 in 2022. The Texas median that year was $76,528.

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

In 2020, the median household income in Randall County, Texas was $68,872. By 2024 it had risen 21% to $83,136.

Is it hard to find a job in Randall County, Texas?

Unemployment in Randall County, Texas is only 2.9%, 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 Randall County, Texas?

The Gini coefficient in Randall County is 0.535. 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 Randall County, Texas?

Since 2009, the income gap between men and women in Randall County, Texas has widened from about 24% to 25% in 2024. Over that period the gap was widest at 26% in 2021, and was narrowest at 22% in 2013. In dollar terms, the gap has widened by $6,721 since 2009.

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