San Angelo, Texas Income Statistics
San Angelo 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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C
San Angelo Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | San Angelo | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,765 | $78,939 | $80,455 |
| Median Personal Income | $44,351 | $56,913 | $60,758 |
| Average Yearly Income Growth | 4.9% | 4.6% | 4.8% |
| Six-Figure Earners | 6.9% | 13.0% | 13.9% |
| $200k+ Households | 4.9% | 12.5% | 13.2% |
The median household income in San Angelo is about 19% lower than in Texas. Income has been growing faster in San Angelo (4.9%/yr) than in Texas (4.6%/yr).
About 7% of adults in San Angelo 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 San Angelo, Texas grew by 68.8% from 2009 to 2024, reaching $63,765 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in San Angelo
| Metric | San Angelo | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.570 | 0.552 |
| Male Median Income | $54,544 | $66,147 | $69,667 |
| Female Median Income | $40,652 | $53,058 | $56,850 |
| Gender Pay Gap | 25.5% | 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 San Angelo, it is 0.532, 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 34% more than women's income in San Angelo, Texas. Over a 35-year career, a 34% wage gap accumulates to roughly $486,220 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in San Angelo, Texas has widened from about 19% to 25% in 2024. Over that period the gap was widest at 30% in 2023, and was narrowest at 17% in 2013. In dollar terms, the gap has widened by $7,480 since 2009.
Employment
| Metric | San Angelo | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 5.2% | 5.2% |
| Working from Home | 9.2% | 14.4% | 15.0% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 1,536 people are unemployed in San Angelo, Texas.
The average commute time in San Angelo is 13 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in San Angelo, Texas has fallen from 6.8% to 3.5% in 2024. Over that period the rate peaked at 7.2% in 2012 and fell as low as 2.9% in 2022.
Conclusion
Considering all these factors, San Angelo, 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 San Angelo, Texas.
How Rich Is San Angelo, Texas?
San Angelo 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 $63,765, about 19% lower than the Texas average of $78,939.
How has median household income changed in San Angelo, Texas?
Between 2009 and 2024, the median household income in San Angelo, Texas rose 69%, from $37,778 to $63,765. Over the same years, income here outpaced Texas as a whole: +69% against +64%.
What was the median household income in San Angelo in 2023?
In 2023, the median household income in San Angelo, Texas was $62,550, up 1% from $61,839 in 2022. The Texas median that year was $76,528.
What was the median household income in San Angelo in 2020?
In 2020, the median household income in San Angelo, Texas was $54,600. By 2024 it had risen 17% to $63,765.
Is unemployment high in San Angelo, Texas?
Unemployment in San Angelo, Texas is only 3.5%, 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 San Angelo, Texas?
The Gini coefficient in San Angelo is 0.532. 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 San Angelo, Texas?
Since 2009, the income gap between men and women in San Angelo, Texas has widened from about 19% to 25% in 2024. Over that period the gap was widest at 30% in 2023, and was narrowest at 17% in 2013. In dollar terms, the gap has widened by $7,480 since 2009.
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