Wealth Index
Less wealthy than 85% of counties in Texas
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.
Income Statistics Overview
| Metric | Webb County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,979 | $76,510 | $78,145 |
| Median Personal Income | $43,497 | $58,415 | $61,726 |
| Average income growth | 7.2% | 4.8% | 5.1% |
| Six-Figure Earners | 6.1% | 12.4% | 13.2% |
The median household income in Webb County is about 18% lower than in Texas. Income has been growing faster in Webb County (7.2%/yr) than in Texas (4.8%/yr).
About 6% of adults in Webb County earn six figures ($100,000 or more) a year, lower than the Texas average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Webb County, Texas grew by 74.7% from 2009 to 2023, reaching $62,979 in 2023. That's an average of about 7.2% per year.
Economic Inequality in Webb County | Gender Pay Gap | Gini Coefficient
| Metric | Webb County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.631 | 0.587 | 0.570 |
| Male Median Income | $48,081 | $64,517 | $67,746 |
| Female Median Income | $36,006 | $51,419 | $54,793 |
| Gender Pay Gap | 25.1% | 20.3% | 19.1% |
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 Webb County, it is 0.631, higher than Texas's 0.587, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 34% more than women's income in Webb County, Texas. Over a 35-year career, a 34% wage gap accumulates to roughly $422,625 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Webb County, Texas has widened from about 16% to 25% in 2023. In dollar terms, the gap has widened by $7,471 since 2009.
Employment
| Metric | Webb County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 5.1% | 5.2% |
| Working from Home | 5.4% | 12.8% | 13.4% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 6,638 people are unemployed in Webb County, Texas.
The average commute time in Webb County is 18 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Webb County, Texas has fallen from 7.1% to 5.5% in 2023.
Conclusion
Considering all these factors, Webb 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 Webb County, Texas.
How Rich Is Webb County, Texas?
Webb 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 $62,979, about 18% lower than the Texas average of $76,510.
What is the current median household income in Webb County, Texas?
As of 2023, the median household income in Webb County, Texas is $62,979.
What was the median household income in Webb County in 2023?
In 2023, the median household income in Webb County, Texas was $62,979.
What was the median household income in Webb County in 2020?
In 2020, the median household income in Webb County, Texas was $50,351.
What is the Gini coefficient in Webb County, Texas?
The Gini coefficient in Webb County is 0.631. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Webb County, Texas?
Since 2009, the income gap between men and women in Webb County, Texas has widened from about 16% to 25% in 2023. In dollar terms, the gap has widened by $7,471 since 2009.