Taylor County, Texas Income Statistics
Taylor 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
Taylor County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Taylor County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,829 | $78,939 | $80,455 |
| Median Personal Income | $48,607 | $56,913 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.6% | 4.8% |
| Six-Figure Earners | 8.3% | 13.0% | 13.9% |
| $200k+ Households | 6.4% | 12.5% | 13.2% |
The median household income in Taylor County is about 14% lower than in Texas. Income has been growing faster in Taylor County (4.7%/yr) than in Texas (4.6%/yr).
About 8% of adults in Taylor 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 Taylor County, Texas grew by 68.2% from 2009 to 2024, reaching $67,829 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Taylor County
| Metric | Taylor County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.548 | 0.570 | 0.552 |
| Male Median Income | $56,731 | $66,147 | $69,667 |
| Female Median Income | $46,379 | $53,058 | $56,850 |
| Gender Pay Gap | 18.2% | 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 Taylor County, it is 0.548, 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 22% more than women's income in Taylor County, Texas. Over a 35-year career, a 22% wage gap accumulates to roughly $362,320 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Taylor County, Texas has narrowed from about 20% to 18% in 2024. Over that period the gap was widest at 27% in 2014, and was narrowest at 16% in 2022. In dollar terms, the gap has widened by $3,060 since 2009.
Employment
| Metric | Taylor County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 5.2% | 5.2% |
| Working from Home | 8.1% | 14.4% | 15.0% |
| Commute time (minutes) | 15 | 22 | 22 |
Approximately 1,785 people are unemployed in Taylor County, Texas.
The average commute time in Taylor County is 15 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Taylor County, Texas has fallen from 5.0% to 2.4% in 2024. Over that period the rate peaked at 6.3% in 2013 and fell as low as 2.1% in 2023.
Taylor County, TX Wealth Compared With Nearby Counties
Taylor County, TX is the largest of the 6 counties compared here, 145,863 residents against a local median of 14,241. The measure that sets Taylor County, TX apart most is unemployment: 2.4%, 51% below the local median of 4.9%. That is the better end of the local range on this measure.
The counties themselves sit within 1.3% of each other on unemployment, a tighter band than the gap between any of them and Taylor County, TX, which makes it a genuine outlier here rather than one end of a wide local spread. Taylor County, TX has the 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. |
|---|---|---|---|---|---|
| Taylor County, TX | 145,863 | $67,829 #2/6 | 4.7%/yr #4/6 | 2.4% #1/6 | 0.548 #4/6 |
| Jones County, TX | 20,304 | $59,702 | 3.2%/yr | 5.5% | 0.680 |
| Runnels County, TX | 9,874 | $62,751 | 5.4%/yr | 4.9% | 0.516 |
| Nolan County, TX | 14,454 | $50,939 | 3.7%/yr | 6.0% | 0.561 |
| Callahan County, TX | 14,241 | $73,208 | 7.7%/yr | 4.7% | 0.524 |
| Fisher County, TX | 3,655 | $65,350 | 5.8%/yr | 4.7% | 0.535 |
Conclusion
Considering all these factors, Taylor 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 Taylor County, Texas.
How Rich Is Taylor County, Texas?
Taylor 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 $67,829, about 14% lower than the Texas average of $78,939.
How has median household income changed in Taylor County, Texas?
Between 2009 and 2024, the median household income in Taylor County, Texas rose 68%, from $40,322 to $67,829. Over the same years, income here outpaced Texas as a whole: +68% against +64%.
What was the median household income in Taylor County in 2023?
In 2023, the median household income in Taylor County, Texas was $66,916, up 8% from $62,224 in 2022. The Texas median that year was $76,528.
What was the median household income in Taylor County in 2020?
In 2020, the median household income in Taylor County, Texas was $56,022. By 2024 it had risen 21% to $67,829.
Is unemployment high in Taylor County, Texas?
Unemployment in Taylor County, Texas is only 2.4%, 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 Taylor County, Texas?
The Gini coefficient in Taylor County is 0.548. 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 Taylor County, Texas?
Since 2009, the income gap between men and women in Taylor County, Texas has narrowed from about 20% to 18% in 2024. Over that period the gap was widest at 27% in 2014, and was narrowest at 16% in 2022. In dollar terms, the gap has widened by $3,060 since 2009.
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