Tarrant County, Texas Income Statistics
Tarrant 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
Tarrant County Around averageWealthier than 90% of counties in Texas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Tarrant County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,034 | $78,939 | $80,455 |
| Median Personal Income | $58,613 | $56,913 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.6% | 4.8% |
| Six-Figure Earners | 13.4% | 13.0% | 13.9% |
| $200k+ Households | 13.1% | 12.5% | 13.2% |
The median household income in Tarrant County is about 8% higher than in Texas. Income has been growing slower in Tarrant County (4.4%/yr) than in Texas (4.6%/yr).
About 13% of adults in Tarrant County earn six figures ($100,000 or more) a year, about the same as the Texas average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Tarrant County, Texas grew by 54.2% from 2009 to 2024, reaching $85,034 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Tarrant County
| Metric | Tarrant County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.550 | 0.570 | 0.552 |
| Male Median Income | $66,189 | $66,147 | $69,667 |
| Female Median Income | $55,687 | $53,058 | $56,850 |
| Gender Pay Gap | 15.9% | 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 Tarrant County, it is 0.550, lower than Texas's 0.570, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 19% more than women's income in Tarrant County, Texas. Over a 35-year career, a 19% wage gap accumulates to roughly $367,570 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Tarrant County, Texas has narrowed from about 20% to 16% in 2024. Over that period the gap was widest at 21% in 2010, and was narrowest at 15% in 2020. In dollar terms, the gap has widened by $1,399 since 2009.
Employment
| Metric | Tarrant County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 5.2% | 5.2% |
| Working from Home | 14.8% | 14.4% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 54,326 people are unemployed in Tarrant County, Texas.
The average commute time in Tarrant County is 23 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Tarrant County, Texas has fallen from 7.8% to 4.7% in 2024. Over that period the rate peaked at 8.3% in 2013 and fell as low as 4.7% in 2023.
Tarrant County, TX Wealth Compared With Nearby Counties
Tarrant County, TX is the 2nd largest of the 6 counties compared here, 2,166,122 residents against a local median of 195,591. The measure that sets Tarrant County, TX apart most is unemployment: 4.7%, 17% above the local median of 4.0%. That is the weaker end of the local range on this measure.
The counties themselves spread 1.7% on unemployment, so Tarrant County, TX sits at one end of an already wide local range rather than apart from it. Tarrant County, TX has the 4th 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. |
|---|---|---|---|---|---|
| Tarrant County, TX | 2,166,122 | $85,034 #4/6 | 4.4%/yr #6/6 | 4.7% #4/6 | 0.550 #2/6 |
| Johnson County, TX | 195,591 | $84,731 | 4.6%/yr | 3.6% | 0.555 |
| Denton County, TX | 979,063 | $112,041 | 4.8%/yr | 4.0% | 0.535 |
| Dallas County, TX | 2,620,115 | $76,775 | 5.0%/yr | 5.0% | 0.557 |
| Parker County, TX | 165,168 | $105,306 | 5.5%/yr | 4.0% | 0.552 |
| Wise County, TX | 75,004 | $92,724 | 6.2%/yr | 5.3% | 0.556 |
Conclusion
Considering all these factors, Tarrant 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 Tarrant County, Texas.
How Rich Is Tarrant County, Texas?
Tarrant 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 $85,034, about 8% higher than the Texas average of $78,939.
How fast is household income rising in Tarrant County, Texas?
Between 2009 and 2024, the median household income in Tarrant County, Texas rose 54%, from $55,135 to $85,034. Over the same years, income here lagged behind Texas as a whole: +54% against +64%.
What was the median household income in Tarrant County in 2023?
In 2023, the median household income in Tarrant County, Texas was $82,638, up 4% from $79,422 in 2022. The Texas median that year was $76,528.
What was the median household income in Tarrant County in 2020?
In 2020, the median household income in Tarrant County, Texas was $70,802. By 2024 it had risen 20% to $85,034.
What is the Gini coefficient in Tarrant County, Texas?
The Gini coefficient in Tarrant County is 0.550. 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 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Tarrant County, Texas?
Since 2009, the income gap between men and women in Tarrant County, Texas has narrowed from about 20% to 16% in 2024. Over that period the gap was widest at 21% in 2010, and was narrowest at 15% in 2020. In dollar terms, the gap has widened by $1,399 since 2009.
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