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 Patricio County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,340 | $76,510 | $78,145 |
| Median Personal Income | $52,093 | $58,415 | $61,726 |
| Average income growth | 3.3% | 4.8% | 5.1% |
| Six-Figure Earners | 8.9% | 12.4% | 13.2% |
The median household income in San Patricio County is about 13% lower than in Texas. Income has been growing slower in San Patricio County (3.3%/yr) than in Texas (4.8%/yr).
About 9% of adults in San Patricio County earn six figures ($100,000 or more) a year, lower than the Texas average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in San Patricio County, Texas grew by 51.1% from 2009 to 2023, reaching $66,340 in 2023. That's an average of about 3.3% per year.
Economic Inequality in San Patricio County | Gender Pay Gap | Gini Coefficient
| Metric | San Patricio County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.585 | 0.587 | 0.570 |
| Male Median Income | $63,732 | $64,517 | $67,746 |
| Female Median Income | $41,839 | $51,419 | $54,793 |
| Gender Pay Gap | 34.4% | 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 Patricio County, it is 0.585, about the same as Texas's 0.587, so income here is about as evenly distributed as there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 52% more than women's income in San Patricio County, Texas. Over a 35-year career, a 52% wage gap accumulates to roughly $766,255 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in San Patricio County, Texas has stayed about the same since 2009, at around 34%. In dollar terms, the gap has widened by $7,737 since 2009.
Employment
| Metric | San Patricio County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.2% | 5.1% | 5.2% |
| Working from Home | 6.1% | 12.8% | 13.4% |
| Commute time (minutes) | 21 | 22 | 22 |
Approximately 1,321 people are unemployed in San Patricio County, Texas.
The average commute time in San Patricio County is 21 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in San Patricio County, Texas has fallen from 7.4% to 4.2% in 2023.
Conclusion
Considering all these factors, San Patricio County, 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 Patricio County, Texas.
How Rich Is San Patricio County, Texas?
San Patricio County 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 $66,340, about 13% lower than the Texas average of $76,510.
What is the current median household income in San Patricio County, Texas?
As of 2023, the median household income in San Patricio County, Texas is $66,340.
What was the median household income in San Patricio County in 2023?
In 2023, the median household income in San Patricio County, Texas was $66,340.
What was the median household income in San Patricio County in 2020?
In 2020, the median household income in San Patricio County, Texas was $55,968.
What is the Gini coefficient in San Patricio County, Texas?
The Gini coefficient in San Patricio County is 0.585. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in San Patricio County, Texas?
The income gap between men and women in San Patricio County, Texas has stayed about the same since 2009, at around 34%. In dollar terms, the gap has widened by $7,737 since 2009.