Throckmorton County, Texas Income Statistics
Throckmorton 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
Throckmorton County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Throckmorton County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,499 | $78,939 | $80,455 |
| Median Personal Income | $44,293 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.3% | 4.6% | 4.8% |
| Six-Figure Earners | 10.4% | 13.0% | 13.9% |
| $200k+ Households | 6.1% | 12.5% | 13.2% |
The median household income in Throckmorton County is about 27% lower than in Texas. Income has been growing faster in Throckmorton County (5.3%/yr) than in Texas (4.6%/yr).
About 10% of adults in Throckmorton 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 Throckmorton County, Texas grew by 69.0% from 2009 to 2024, reaching $57,499 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Throckmorton County
| Metric | Throckmorton County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.566 | 0.570 | 0.552 |
| Male Median Income | $55,476 | $66,147 | $69,667 |
| Female Median Income | $43,124 | $53,058 | $56,850 |
| Gender Pay Gap | 22.3% | 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 Throckmorton County, it is 0.566, 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 29% more than women's income in Throckmorton County, Texas. Over a 35-year career, a 29% wage gap accumulates to roughly $432,320 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Throckmorton County, Texas has widened from about 20% to 22% in 2024. Over that period the gap was widest at 42% in 2022, and was narrowest at 4% in 2014. In dollar terms, the gap has widened by $5,078 since 2009.
Employment
| Metric | Throckmorton County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.3% | 5.2% | 5.2% |
| Working from Home | 7.4% | 14.4% | 15.0% |
| Commute time (minutes) | 8 | 22 | 22 |
Approximately 67 people are unemployed in Throckmorton County, Texas.
The average commute time in Throckmorton County is 8 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Throckmorton County, Texas has risen from 1.3% to 8.3% in 2024. Over that period the rate fell as low as 1.0% in 2012.
Throckmorton County, TX Wealth Compared With Nearby Counties
Throckmorton County, TX is the smallest of the 6 counties compared here, 1,639 residents against a local median of 5,421. Where Throckmorton County, TX breaks from the counties next to it is unemployment, sitting 69% above the local median of 4.9% at 8.3%. That is the weaker end of the local range on this measure.
The counties themselves spread 3.9% on unemployment, so Throckmorton County, TX sits at one end of an already wide local range rather than apart from it. Throckmorton County, TX has the 6th 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. |
|---|---|---|---|---|---|
| Throckmorton County, TX | 1,639 | $57,499 #5/6 | 5.3%/yr #2/6 | 8.3% #6/6 | 0.566 #6/6 |
| Baylor County, TX | 3,485 | $45,286 | 3.9%/yr | 4.5% | 0.549 |
| Shackelford County, TX | 3,175 | $73,534 | 5.1%/yr | 7.5% | 0.515 |
| Haskell County, TX | 5,421 | $60,770 | 5.5%/yr | 4.9% | 0.549 |
| Young County, TX | 18,029 | $68,260 | 5.1%/yr | 3.5% | 0.532 |
| Stephens County, TX | 9,351 | $59,055 | 3.7%/yr | 5.4% | 0.535 |
Conclusion
Considering all these factors, Throckmorton 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 Throckmorton County, Texas.
How Rich Is Throckmorton County, Texas?
Throckmorton 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 $57,499, about 27% lower than the Texas average of $78,939.
How fast is household income rising in Throckmorton County, Texas?
Between 2009 and 2024, the median household income in Throckmorton County, Texas rose 69%, from $34,027 to $57,499. Over the same years, income here outpaced Texas as a whole: +69% against +64%.
What was the median household income in Throckmorton County in 2023?
In 2023, the median household income in Throckmorton County, Texas was $58,484, up 5% from $55,816 in 2022. The Texas median that year was $76,528.
What was the median household income in Throckmorton County in 2020?
In 2020, the median household income in Throckmorton County, Texas was $41,323. By 2024 it had risen 39% to $57,499.
Is unemployment high in Throckmorton County, Texas?
Unemployment in Throckmorton County, Texas is 8.3%, well above the Texas rate of 5.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Throckmorton County, Texas?
The Gini coefficient in Throckmorton County is 0.566. 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 Throckmorton County, Texas?
Since 2009, the income gap between men and women in Throckmorton County, Texas has widened from about 20% to 22% in 2024. Over that period the gap was widest at 42% in 2022, and was narrowest at 4% in 2014. In dollar terms, the gap has widened by $5,078 since 2009.
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