Terry County, Texas Income Statistics
Terry 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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D
Terry County Well below averageLess wealthy than 81% of counties in Texas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Terry County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $43,966 | $78,939 | $80,455 |
| Median Personal Income | $43,034 | $56,913 | $60,758 |
| Average Yearly Income Growth | 1.3% | 4.6% | 4.8% |
| Six-Figure Earners | 5.1% | 13.0% | 13.9% |
| $200k+ Households | 2.1% | 12.5% | 13.2% |
The median household income in Terry County is about 44% lower than in Texas. Income has been growing slower in Terry County (1.3%/yr) than in Texas (4.6%/yr).
About 5% of adults in Terry 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 Terry County, Texas grew by 27.5% from 2009 to 2024, reaching $43,966 in 2024. That's an average of about 1.3% per year.
Income Inequality and the Gender Pay Gap in Terry County
| Metric | Terry County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.591 | 0.570 | 0.552 |
| Male Median Income | $52,071 | $66,147 | $69,667 |
| Female Median Income | $40,725 | $53,058 | $56,850 |
| Gender Pay Gap | 21.8% | 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 Terry County, it is 0.591, higher than Texas's 0.570, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 28% more than women's income in Terry County, Texas. Over a 35-year career, a 28% wage gap accumulates to roughly $397,110 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Terry County, Texas has narrowed from about 26% to 22% in 2024. Over that period the gap was widest at 27% in 2020, and was narrowest at 8% in 2012. In dollar terms, the gap has widened by $2,256 since 2009.
Employment
| Metric | Terry County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 5.2% | 5.2% |
| Working from Home | 3.6% | 14.4% | 15.0% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 221 people are unemployed in Terry County, Texas.
The average commute time in Terry County is 13 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Terry County, Texas has fallen from 7.0% to 4.5% in 2024. Over that period the rate peaked at 10.2% in 2018 and fell as low as 3.8% in 2023.
Terry County, TX Wealth Compared With Nearby Counties
Terry County, TX is typical in size for this group, 11,629 residents against a local median of 12,134, so the measures below are close to a like for like comparison. The measure that sets Terry County, TX apart most is income growth: 1.3%/yr, 66% below the local median of 3.8%/yr. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $43,966 against a local median of $73,546, 40% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Terry County, TX reads weaker than its neighbours on all of them. The counties themselves spread 4.9%/yr on income growth, so Terry County, TX sits at one end of an already wide local range rather than apart from it. Terry County, TX has the 6th 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. |
|---|---|---|---|---|---|
| Terry County, TX | 11,629 | $43,966 #6/6 | 1.3%/yr #6/6 | 4.5% #3/6 | 0.591 #4/6 |
| Hockley County, TX | 21,363 | $63,140 | 3.0%/yr | 4.7% | 0.563 |
| Yoakum County, TX | 7,571 | $86,598 | 5.4%/yr | 6.9% | 0.578 |
| Lynn County, TX | 5,752 | $73,546 | 7.9%/yr | 3.7% | 0.575 |
| Gaines County, TX | 22,232 | $73,709 | 3.0%/yr | 2.4% | 0.596 |
| Dawson County, TX | 12,134 | $56,124 | 3.8%/yr | 6.4% | 0.644 |
Conclusion
Considering all these factors, Terry 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 Terry County, Texas.
How Rich Is Terry County, Texas?
Terry 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 $43,966, about 44% lower than the Texas average of $78,939.
How fast is household income rising in Terry County, Texas?
Between 2009 and 2024, the median household income in Terry County, Texas rose 28%, from $34,479 to $43,966. Over the same years, income here lagged behind Texas as a whole: +28% against +64%.
What was the median household income in Terry County in 2023?
In 2023, the median household income in Terry County, Texas was $46,312, up 6% from $43,868 in 2022. The Texas median that year was $76,528.
What was the median household income in Terry County in 2020?
In 2020, the median household income in Terry County, Texas was $43,558. By 2024 it had risen 1% to $43,966.
What is the Gini coefficient in Terry County, Texas?
The Gini coefficient in Terry County is 0.591. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Terry County, Texas?
Since 2009, the income gap between men and women in Terry County, Texas has narrowed from about 26% to 22% in 2024. Over that period the gap was widest at 27% in 2020, and was narrowest at 8% in 2012. In dollar terms, the gap has widened by $2,256 since 2009.
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