Rockwall, Texas Income Statistics
Rockwall 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.
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B
Rockwall Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Rockwall | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $111,618 | $78,939 | $80,455 |
| Median Personal Income | $77,699 | $56,913 | $60,758 |
| Average Yearly Income Growth | 4.3% | 4.6% | 4.8% |
| Six-Figure Earners | 18.6% | 13.0% | 13.9% |
| $200k+ Households | 19.0% | 12.5% | 13.2% |
The median household income in Rockwall is about 41% higher than in Texas. Income has been growing slower in Rockwall (4.3%/yr) than in Texas (4.6%/yr).
About 19% of adults in Rockwall 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 Rockwall, Texas grew by 41.3% from 2009 to 2024, reaching $111,618 in 2024. That's an average of about 4.3% per year.
Income Inequality and the Gender Pay Gap in Rockwall
| Metric | Rockwall | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.525 | 0.570 | 0.552 |
| Male Median Income | $87,798 | $66,147 | $69,667 |
| Female Median Income | $69,617 | $53,058 | $56,850 |
| Gender Pay Gap | 20.7% | 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 Rockwall, it is 0.525, 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 26% more than women's income in Rockwall, Texas. Over a 35-year career, a 26% wage gap accumulates to roughly $636,335 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Rockwall, Texas has narrowed from about 32% to 21% in 2024. Over that period the gap was narrowest at 17% in 2021. In dollar terms, the gap has narrowed by $2,423 since 2009.
Employment
| Metric | Rockwall | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 5.2% | 5.2% |
| Working from Home | 18.6% | 14.4% | 15.0% |
| Commute time (minutes) | 31 | 22 | 22 |
Approximately 1,128 people are unemployed in Rockwall, Texas.
The average commute time in Rockwall is 31 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Rockwall, Texas has risen from 4.7% to 5.2% in 2024. Over that period the rate peaked at 5.7% in 2013 and fell as low as 2.8% in 2021.
Conclusion
Considering all these factors, Rockwall, Texas has an overall wealth index grade of B, making it notably better than Texas, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Rockwall, Texas.
How Rich Is Rockwall, Texas?
Rockwall 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 $111,618, about 41% higher than the Texas average of $78,939.
How has median household income changed in Rockwall, Texas?
Between 2009 and 2024, the median household income in Rockwall, Texas rose 41%, from $78,976 to $111,618. Over the same years, income here lagged behind Texas as a whole: +41% against +64%.
What was the median household income in Rockwall in 2023?
In 2023, the median household income in Rockwall, Texas was $111,405, down 1% from $112,187 in 2022. The Texas median that year was $76,528.
What was the median household income in Rockwall in 2020?
In 2020, the median household income in Rockwall, Texas was $99,713. By 2024 it had risen 12% to $111,618.
How many people earn six figures in Rockwall, Texas?
Yes. 19% of adults in Rockwall, Texas earn $100,000 or more a year (about 1 in 5), against 13% (about 1 in 8) in Texas. 19% of households have a combined income of $200,000 or more, compared with 12% in Texas.
What is the Gini coefficient in Rockwall, Texas?
The Gini coefficient in Rockwall is 0.525. 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 Rockwall, Texas?
Since 2009, the income gap between men and women in Rockwall, Texas has narrowed from about 32% to 21% in 2024. Over that period the gap was narrowest at 17% in 2021. In dollar terms, the gap has narrowed by $2,423 since 2009.
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