Shackelford County, Texas Income Statistics
Shackelford County Wealth Score
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.
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C
Shackelford County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Shackelford County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,534 | $78,939 | $80,455 |
| Median Personal Income | $51,601 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.6% | 4.8% |
| Six-Figure Earners | 7.4% | 13.0% | 13.9% |
| $200k+ Households | 5.6% | 12.5% | 13.2% |
The median household income in Shackelford County is about 7% lower than in Texas. Income has been growing faster in Shackelford County (5.1%/yr) than in Texas (4.6%/yr).
About 7% of adults in Shackelford County 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 Shackelford County, Texas grew by 65.6% from 2009 to 2024, reaching $73,534 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Shackelford County
| Metric | Shackelford County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.515 | 0.570 | 0.552 |
| Male Median Income | $73,607 | $66,147 | $69,667 |
| Female Median Income | $44,783 | $53,058 | $56,850 |
| Gender Pay Gap | 39.2% | 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 Shackelford County, it is 0.515, 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 64% more than women's income in Shackelford County, Texas. Over a 35-year career, a 64% wage gap accumulates to roughly $1,008,840 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Shackelford County, Texas has widened from about 16% to 39% in 2024. Over that period the gap was narrowest at 11% in 2010. In dollar terms, the gap has widened by $23,060 since 2009.
Employment
| Metric | Shackelford County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.5% | 5.2% | 5.2% |
| Working from Home | 9.7% | 14.4% | 15.0% |
| Commute time (minutes) | 17 | 22 | 22 |
Approximately 130 people are unemployed in Shackelford County, Texas.
The average commute time in Shackelford County is 17 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Shackelford County, Texas has risen from 4.4% to 7.5% in 2024. Over that period the rate peaked at 8.5% in 2020 and fell as low as 3.8% in 2015.
Shackelford County, TX Wealth Compared With Nearby Counties
Shackelford County, TX is the 5th largest of the 6 counties compared here, 3,175 residents against a local median of 9,351. Where Shackelford County, TX breaks from the counties next to it is unemployment, sitting 37% above the local median of 5.4% at 7.5%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $73,534 against a local median of $59,702, 23% above it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while unemployment runs behind it, so Shackelford County, TX is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 3.5% on unemployment, so Shackelford County, TX sits at one end of an already wide local range rather than apart from it. Shackelford County, TX has the 5th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Shackelford County, TX | 3,175 | $73,534 #1/6 | 5.1%/yr #4/6 | 7.5% #5/6 | 0.515 #1/6 |
| Callahan County, TX | 14,241 | $73,208 | 7.7%/yr | 4.7% | 0.524 |
| Throckmorton County, TX | 1,639 | $57,499 | 5.3%/yr | 8.3% | 0.566 |
| Stephens County, TX | 9,351 | $59,055 | 3.7%/yr | 5.4% | 0.535 |
| Jones County, TX | 20,304 | $59,702 | 3.2%/yr | 5.5% | 0.680 |
| Haskell County, TX | 5,421 | $60,770 | 5.5%/yr | 4.9% | 0.549 |
Conclusion
Considering all these factors, Shackelford 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 Shackelford County, Texas.
How Rich Is Shackelford County, Texas?
Shackelford 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 $73,534, about 7% lower than the Texas average of $78,939.
How has median household income changed in Shackelford County, Texas?
Between 2009 and 2024, the median household income in Shackelford County, Texas rose 66%, from $44,396 to $73,534. Over the same years, income here outpaced Texas as a whole: +66% against +64%.
What was the median household income in Shackelford County in 2023?
In 2023, the median household income in Shackelford County, Texas was $64,944, up 5% from $61,574 in 2022. The Texas median that year was $76,528.
What was the median household income in Shackelford County in 2020?
In 2020, the median household income in Shackelford County, Texas was $47,764. By 2024 it had risen 54% to $73,534.
How strong is the job market in Shackelford County, Texas?
Unemployment in Shackelford County, Texas is 7.5%, well above the Texas rate of 5.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Shackelford County, Texas?
The Gini coefficient in Shackelford County is 0.515. 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 Shackelford County, Texas?
Since 2009, the income gap between men and women in Shackelford County, Texas has widened from about 16% to 39% in 2024. Over that period the gap was narrowest at 11% in 2010. In dollar terms, the gap has widened by $23,060 since 2009.
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