Texarkana, Texas Income Statistics
Texarkana Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
Texarkana Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Texarkana | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $50,471 | $78,939 | $80,455 |
| Median Personal Income | $45,189 | $56,913 | $60,758 |
| Average Yearly Income Growth | 4.1% | 4.6% | 4.8% |
| Six-Figure Earners | 6.7% | 13.0% | 13.9% |
| $200k+ Households | 4.6% | 12.5% | 13.2% |
The median household income in Texarkana is about 36% lower than in Texas. Income has been growing slower in Texarkana (4.1%/yr) than in Texas (4.6%/yr).
About 7% of adults in Texarkana 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 Texarkana, Texas grew by 37.2% from 2009 to 2024, reaching $50,471 in 2024. That's an average of about 4.1% per year.
Texarkana has been far below the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2010, its income was 27% lower. The gap has widened from 28% in 2009 to 37% in 2024.
Income Distribution in Texarkana
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 3,227 households (21.9% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 35.5% of households in Texarkana had an income under $35,000 and 11.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Texarkana has a larger share of households earning $15,000 to $24,999 (12.7% vs 6.4%) and a smaller share earning $200,000 or more (4.6% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,111 | 7.5% | 5.1% |
| $10,000 to $14,999 | 1,138 | 7.7% | 3.5% |
| $15,000 to $24,999 | 1,868 | 12.7% | 6.4% |
| $25,000 to $34,999 | 1,110 | 7.5% | 6.7% |
| $35,000 to $49,999 | 2,085 | 14.2% | 10.1% |
| $50,000 to $74,999 | 2,274 | 15.4% | 15.5% |
| $75,000 to $99,999 | 1,910 | 13.0% | 12.6% |
| $100,000 to $149,999 | 1,615 | 11.0% | 17.4% |
| $150,000 to $199,999 | 938 | 6.4% | 9.5% |
| $200,000 or more | 674 | 4.6% | 13.2% |
Shares are of all 14,723 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 1,924 residents (6.7% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 8.0% of residents who have any income.
In 2024, 16.4% of Texarkana residents aged 15 and over reported no personal income, 34.4% had some income but less than $25,000, and 12.5% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Texarkana has a larger share of residents with no personal income (16.4% vs 12.8%) and a smaller share earning $100,000 or more (6.7% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 4,685 | 16.4% | 12.8% |
| $1 to $9,999 | 3,667 | 12.8% | 11.2% |
| $10,000 to $14,999 | 2,531 | 8.9% | 7.0% |
| $15,000 to $24,999 | 3,645 | 12.8% | 10.5% |
| $25,000 to $34,999 | 2,779 | 9.7% | 9.5% |
| $35,000 to $49,999 | 4,278 | 15.0% | 12.6% |
| $50,000 to $74,999 | 3,434 | 12.0% | 14.3% |
| $75,000 to $99,999 | 1,647 | 5.8% | 8.2% |
| $100,000 or more | 1,924 | 6.7% | 13.9% |
Shares are of the 28,589 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 16.4% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Texarkana
| Metric | Texarkana | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.567 | 0.570 | 0.552 |
| Male Median Income | $54,128 | $66,147 | $69,667 |
| Female Median Income | $42,162 | $53,058 | $56,850 |
| Gender Pay Gap | 22.1% | 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 Texarkana, it is 0.567, about the same as Texas's 0.570, so income here is about as evenly distributed as 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 Texarkana, Texas. Over a 35-year career, a 28% wage gap accumulates to roughly $418,810 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Texarkana, Texas has widened from about 16% to 22% in 2024. Over that period the gap was widest at 34% in 2019. In dollar terms, the gap has widened by $5,828 since 2009.
Employment
| Metric | Texarkana | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 5.2% | 5.2% |
| Working from Home | 7.2% | 14.4% | 15.0% |
| Commute time (minutes) | 12 | 22 | 22 |
Approximately 839 people are unemployed in Texarkana, Texas.
The average commute time in Texarkana is 12 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Texarkana, Texas has fallen from 12.0% to 5.2% in 2024. Over that period the rate peaked at 12.6% in 2012 and fell as low as 4.5% in 2023.
Texarkana started 3.3 points above the U.S. unemployment rate in 2011 but had dropped below it by 2023, and has not been above it since. In 2024 the two were level.
Texarkana, TX Wealth Compared With Nearby Cities
How Texarkana, TX compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Texarkana, TX | 36,070 | $50,471 #1/2 | 4.1%/yr #1/2 | 5.2% #1/2 | 0.567 #2/2 |
| Texarkana, AR | 27,296 | $42,306 | 2.2%/yr | 8.2% | 0.562 |
Conclusion
Considering all these factors, Texarkana, 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 Texarkana, Texas.
How Rich Is Texarkana, Texas?
Texarkana 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 $50,471, about 36% lower than the Texas average of $78,939.
How has median household income changed in Texarkana, Texas?
Between 2009 and 2024, the median household income in Texarkana, Texas rose 37%, from $36,798 to $50,471. Over the same years, income here lagged behind Texas as a whole: +37% against +64%.
What was the median household income in Texarkana in 2023?
In 2023, the median household income in Texarkana, Texas was $49,295, up 2% from $48,105 in 2022. The Texas median that year was $76,528.
What was the median household income in Texarkana in 2020?
In 2020, the median household income in Texarkana, Texas was $45,506. By 2024 it had risen 11% to $50,471.
What is the Gini coefficient in Texarkana, Texas?
The Gini coefficient in Texarkana is 0.567. 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 Texarkana, Texas?
Since 2009, the income gap between men and women in Texarkana, Texas has widened from about 16% to 22% in 2024. Over that period the gap was widest at 34% in 2019. In dollar terms, the gap has widened by $5,828 since 2009.
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