Wealth Index
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.
Income Statistics Overview
| Metric | San Antonio | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,546 | $76,510 | $78,145 |
| Median Personal Income | $63,546 | $76,510 | $78,145 |
| Average income growth | 4.0% | 4.0% | 4.0% |
The median household income in San Antonio is about 17% lower than in Texas. Income has been growing slower in San Antonio (4.0%/yr) than in Texas (4.8%/yr).
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in San Antonio, Texas grew by 48.8% from 2009 to 2023, reaching $63,546 in 2023. That's an average of about 3.5% per year.
Economic Inequality in San Antonio | Gender Pay Gap | Gini Coefficient
| Metric | San Antonio | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.572 | 0.587 | 0.570 |
| Male Median Income | $55,012 | $64,517 | $67,746 |
| Female Median Income | $46,614 | $51,419 | $54,793 |
| Gender Pay Gap | 15.3% | 20.3% | 19.1% |
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 Antonio, it is 0.572, lower than Texas's 0.587, so income is more evenly distributed here than there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 18% more than women's income in San Antonio, Texas.
Income by Sex Over Time
Since 2009, the income gap between men and women in San Antonio, Texas has widened from about 13% to 15% in 2023.
Employment
| Metric | San Antonio | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.7% | 5.1% | 5.2% |
| Working from Home | 11.9% | 12.8% | 13.4% |
| Commute time (minutes) | 22 | 22 | 22 |
The average commute time in San Antonio is 22 minutes, about the same as in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in San Antonio, Texas has fallen from 7.4% to 5.7% in 2023.
Conclusion
Considering all these factors, San Antonio, Texas has an overall wealth index grade of D, making it about on par with Texas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in San Antonio, Texas.
How Rich Is San Antonio, Texas?
San Antonio 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 $63,546, about 17% lower than the Texas average of $76,510.
What is the current median household income in San Antonio, Texas?
As of 2023, the median household income in San Antonio, Texas is $63,546.
What was the median household income in San Antonio in 2023?
In 2023, the median household income in San Antonio, Texas was $63,546.
What was the median household income in San Antonio in 2020?
In 2020, the median household income in San Antonio, Texas was $53,587.
What is the Gini coefficient in San Antonio, Texas?
The Gini coefficient in San Antonio is 0.572. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in San Antonio, Texas?
Since 2009, the income gap between men and women in San Antonio, Texas has widened from about 13% to 15% in 2023.