The Woodlands, Texas Income Statistics
The Woodlands 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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A
The Woodlands Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | The Woodlands | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $129,854 | $78,939 | $80,455 |
| Median Personal Income | $104,253 | $56,913 | $60,758 |
| Average Yearly Income Growth | 3.1% | 4.6% | 4.8% |
| Six-Figure Earners | 28.9% | 13.0% | 13.9% |
| $200k+ Households | 32.8% | 12.5% | 13.2% |
The median household income in The Woodlands is about 65% higher than in Texas. Income has been growing slower in The Woodlands (3.1%/yr) than in Texas (4.6%/yr).
About 29% of adults in The Woodlands earn six figures ($100,000 or more) a year, higher than the Texas average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in The Woodlands, Texas grew by 35.5% from 2009 to 2024, reaching $129,854 in 2024. That's an average of about 3.1% per year.
Income Inequality and the Gender Pay Gap in The Woodlands
| Metric | The Woodlands | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.556 | 0.570 | 0.552 |
| Male Median Income | $122,880 | $66,147 | $69,667 |
| Female Median Income | $76,879 | $53,058 | $56,850 |
| Gender Pay Gap | 37.4% | 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 The Woodlands, it is 0.556, 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 60% more than women's income in The Woodlands, Texas. Over a 35-year career, a 60% wage gap accumulates to roughly $1,610,035 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in The Woodlands, Texas has narrowed from about 49% to 37% in 2024. Over that period the gap was widest at 52% in 2011. In dollar terms, the gap has widened by $869 since 2009.
Employment
| Metric | The Woodlands | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 5.2% | 5.2% |
| Working from Home | 20.8% | 14.4% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 2,501 people are unemployed in The Woodlands, Texas.
The average commute time in The Woodlands is 22 minutes, about the same as in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in The Woodlands, Texas has fallen from 4.8% to 4.6% in 2024. Over that period the rate peaked at 5.0% in 2014 and fell as low as 3.6% in 2017.
The Woodlands, TX Wealth Compared With Nearby Cities
How The Woodlands, 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. |
|---|---|---|---|---|---|
| The Woodlands, TX | 113,740 | $129,854 #1/2 | 3.1%/yr #2/2 | 4.6% #2/2 | 0.556 #2/2 |
| Conroe, TX | 98,599 | $74,628 | 4.4%/yr | 4.2% | 0.555 |
Conclusion
Considering all these factors, The Woodlands, Texas has an overall wealth index grade of A, making it notably better than Texas, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in The Woodlands, Texas.
How Rich Is The Woodlands, Texas?
The Woodlands has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $129,854, about 65% higher than the Texas average of $78,939.
How has median household income changed in The Woodlands, Texas?
Between 2009 and 2024, the median household income in The Woodlands, Texas rose 35%, from $95,853 to $129,854. Over the same years, income here lagged behind Texas as a whole: +35% against +64%.
What was the median household income in The Woodlands in 2023?
In 2023, the median household income in The Woodlands, Texas was $132,057, down 1% from $132,870 in 2022. The Texas median that year was $76,528.
What was the median household income in The Woodlands in 2020?
In 2020, the median household income in The Woodlands, Texas was $117,938. By 2024 it had risen 10% to $129,854.
Do many residents of The Woodlands, Texas earn over $100,000?
Yes. 29% of adults in The Woodlands, Texas earn $100,000 or more a year (about 1 in 3), against 13% (about 1 in 8) in Texas. 33% of households have a combined income of $200,000 or more, compared with 12% in Texas.
What is the Gini coefficient in The Woodlands, Texas?
The Gini coefficient in The Woodlands is 0.556. 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 The Woodlands, Texas?
Since 2009, the income gap between men and women in The Woodlands, Texas has narrowed from about 49% to 37% in 2024. Over that period the gap was widest at 52% in 2011. In dollar terms, the gap has widened by $869 since 2009.
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