Wealth Index
Less wealthy than 73% of counties in Texas
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 Saba County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,189 | $76,510 | $78,145 |
| Median Personal Income | $42,828 | $58,415 | $61,726 |
| Average income growth | 4.6% | 4.8% | 5.1% |
| Six-Figure Earners | 6.1% | 12.4% | 13.2% |
The median household income in San Saba County is about 28% lower than in Texas. Income has been growing slower in San Saba County (4.6%/yr) than in Texas (4.8%/yr).
About 6% of adults in San Saba 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 Saba County, Texas grew by 54.3% from 2009 to 2023, reaching $55,189 in 2023. That's an average of about 4.6% per year.
Economic Inequality in San Saba County | Gender Pay Gap | Gini Coefficient
| Metric | San Saba County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.568 | 0.587 | 0.570 |
| Male Median Income | $45,986 | $64,517 | $67,746 |
| Female Median Income | $37,878 | $51,419 | $54,793 |
| Gender Pay Gap | 17.6% | 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 Saba County, it is 0.568, 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 21% more than women's income in San Saba County, Texas. Over a 35-year career, a 21% wage gap accumulates to roughly $283,780 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 Saba County, Texas has widened from about 15% to 18% in 2023. In dollar terms, the gap has widened by $3,191 since 2009.
Employment
| Metric | San Saba County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.9% | 5.1% | 5.2% |
| Working from Home | 6.7% | 12.8% | 13.4% |
| Commute time (minutes) | 15 | 22 | 22 |
Approximately 72 people are unemployed in San Saba County, Texas.
The average commute time in San Saba County is 15 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in San Saba County, Texas has fallen from 6.5% to 2.9% in 2023.
Conclusion
Considering all these factors, San Saba County, Texas has an overall wealth index grade of D, making it somewhat worse than Texas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in San Saba County, Texas.
How Rich Is San Saba County, Texas?
San Saba County 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 $55,189, about 28% lower than the Texas average of $76,510.
What is the current median household income in San Saba County, Texas?
As of 2023, the median household income in San Saba County, Texas is $55,189.
What was the median household income in San Saba County in 2023?
In 2023, the median household income in San Saba County, Texas was $55,189.
What was the median household income in San Saba County in 2020?
In 2020, the median household income in San Saba County, Texas was $45,180.
What is the Gini coefficient in San Saba County, Texas?
The Gini coefficient in San Saba County is 0.568. 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 Saba County, Texas?
Since 2009, the income gap between men and women in San Saba County, Texas has widened from about 15% to 18% in 2023. In dollar terms, the gap has widened by $3,191 since 2009.