Somervell County, Texas Income Statistics
Somervell 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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B
Somervell County Around averageWealthier than 85% of counties in Texas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Somervell County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $83,897 | $78,939 | $80,455 |
| Median Personal Income | $56,549 | $56,913 | $60,758 |
| Average Yearly Income Growth | 7.0% | 4.6% | 4.8% |
| Six-Figure Earners | 12.0% | 13.0% | 13.9% |
| $200k+ Households | 11.0% | 12.5% | 13.2% |
The median household income in Somervell County is about 6% higher than in Texas. Income has been growing faster in Somervell County (7.0%/yr) than in Texas (4.6%/yr).
About 12% of adults in Somervell 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 Somervell County, Texas grew by 72.4% from 2009 to 2024, reaching $83,897 in 2024. That's an average of about 7.0% per year.
Income Inequality and the Gender Pay Gap in Somervell County
| Metric | Somervell County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.570 | 0.552 |
| Male Median Income | $67,121 | $66,147 | $69,667 |
| Female Median Income | $45,678 | $53,058 | $56,850 |
| Gender Pay Gap | 31.9% | 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 Somervell County, 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 47% more than women's income in Somervell County, Texas. Over a 35-year career, a 47% wage gap accumulates to roughly $750,505 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Somervell County, Texas has widened from about 13% to 32% in 2024. Over that period the gap was widest at 50% in 2019, and was narrowest at 13% in 2010. In dollar terms, the gap has widened by $15,937 since 2009.
Employment
| Metric | Somervell County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 5.2% | 5.2% |
| Working from Home | 11.3% | 14.4% | 15.0% |
| Commute time (minutes) | 17 | 22 | 22 |
Approximately 158 people are unemployed in Somervell County, Texas.
The average commute time in Somervell County is 17 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Somervell County, Texas has risen from 2.9% to 3.2% in 2024. Over that period the rate peaked at 5.4% in 2021 and fell as low as 1.9% in 2018.
Somervell County, TX Wealth Compared With Nearby Counties
Somervell County, TX is the smallest of the 6 counties compared here, 9,691 residents against a local median of 65,894. Where Somervell County, TX breaks from the counties next to it is income growth, sitting 32% above the local median of 5.3%/yr at 7.0%/yr. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 3.2% against a local median of 4.0%, 20% below it. Every measure here with a clear better direction points the same way, so Somervell County, TX is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves sit within 1.0%/yr of each other on income growth, a tighter band than the gap between any of them and Somervell County, TX, which makes it a genuine outlier here rather than one end of a wide local spread. Somervell County, TX has the highest income growth 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. |
|---|---|---|---|---|---|
| Somervell County, TX | 9,691 | $83,897 #4/6 | 7.0%/yr #1/6 | 3.2% #1/6 | 0.532 #1/6 |
| Hood County, TX | 65,894 | $87,655 | 5.3%/yr | 5.6% | 0.540 |
| Bosque County, TX | 18,691 | $68,320 | 5.3%/yr | 3.6% | 0.538 |
| Johnson County, TX | 195,591 | $84,731 | 4.6%/yr | 3.6% | 0.555 |
| Erath County, TX | 43,794 | $65,723 | 5.6%/yr | 5.7% | 0.582 |
| Parker County, TX | 165,168 | $105,306 | 5.5%/yr | 4.0% | 0.552 |
Conclusion
Considering all these factors, Somervell County, Texas has an overall wealth index grade of B, making it somewhat better than Texas, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Somervell County, Texas.
How Rich Is Somervell County, Texas?
Somervell County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $83,897, about 6% higher than the Texas average of $78,939.
How fast is household income rising in Somervell County, Texas?
Between 2009 and 2024, the median household income in Somervell County, Texas rose 72%, from $48,666 to $83,897. Over the same years, income here outpaced Texas as a whole: +72% against +64%.
What was the median household income in Somervell County in 2023?
In 2023, the median household income in Somervell County, Texas was $87,205, up 5% from $82,760 in 2022. The Texas median that year was $76,528.
What was the median household income in Somervell County in 2020?
In 2020, the median household income in Somervell County, Texas was $68,526. By 2024 it had risen 22% to $83,897.
Is it hard to find a job in Somervell County, Texas?
Unemployment in Somervell County, Texas is only 3.2%, 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 Somervell County, Texas?
The Gini coefficient in Somervell County 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 Somervell County, Texas?
Since 2009, the income gap between men and women in Somervell County, Texas has widened from about 13% to 32% in 2024. Over that period the gap was widest at 50% in 2019, and was narrowest at 13% in 2010. In dollar terms, the gap has widened by $15,937 since 2009.
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