Yoakum County, Texas Income Statistics
Yoakum 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
Yoakum County Below averageWealthier than 82% of counties in Texas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Yoakum County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $86,598 | $78,939 | $80,455 |
| Median Personal Income | $68,090 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.4% | 4.6% | 4.8% |
| Six-Figure Earners | 13.7% | 13.0% | 13.9% |
| $200k+ Households | 8.3% | 12.5% | 13.2% |
The median household income in Yoakum County is about 10% higher than in Texas. Income has been growing faster in Yoakum County (5.4%/yr) than in Texas (4.6%/yr).
About 14% of adults in Yoakum County 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 Yoakum County, Texas grew by 80.7% from 2009 to 2024, reaching $86,598 in 2024. That's an average of about 5.4% per year.
Income Inequality and the Gender Pay Gap in Yoakum County
| Metric | Yoakum County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.578 | 0.570 | 0.552 |
| Male Median Income | $85,117 | $66,147 | $69,667 |
| Female Median Income | $55,000 | $53,058 | $56,850 |
| Gender Pay Gap | 35.4% | 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 Yoakum County, it is 0.578, 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 55% more than women's income in Yoakum County, Texas. Over a 35-year career, a 55% wage gap accumulates to roughly $1,054,095 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Yoakum County, Texas has narrowed from about 43% to 35% in 2024. Over that period the gap was widest at 58% in 2017, and was narrowest at 33% in 2010. In dollar terms, the gap has widened by $12,247 since 2009.
Employment
| Metric | Yoakum County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.9% | 5.2% | 5.2% |
| Working from Home | 2.9% | 14.4% | 15.0% |
| Commute time (minutes) | 17 | 22 | 22 |
Approximately 217 people are unemployed in Yoakum County, Texas.
The average commute time in Yoakum County is 17 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Yoakum County, Texas has risen from 6.2% to 6.9% in 2024. Over that period the rate peaked at 9.5% in 2012 and fell as low as 3.4% in 2023.
Yoakum County, TX Wealth Compared With Nearby Counties
Yoakum County, TX is the 5th largest of the 6 counties compared here, 7,571 residents against a local median of 21,363. Yoakum County, TX's income growth, at 5.4%/yr, runs 169% above the 2.0%/yr typical of the counties around it. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 6.9% against a local median of 4.7%, 47% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Yoakum County, TX is trading one against the other rather than simply out-performing what surrounds it. The counties themselves sit within 1.7%/yr of each other on income growth, a tighter band than the gap between any of them and Yoakum County, TX, which makes it a genuine outlier here rather than one end of a wide local spread. Yoakum County, TX has the 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. |
|---|---|---|---|---|---|
| Yoakum County, TX | 7,571 | $86,598 #1/6 | 5.4%/yr #1/6 | 6.9% #6/6 | 0.578 #3/6 |
| Cochran County, TX | 2,550 | $45,222 | 2.0%/yr | 4.8% | 0.575 |
| Gaines County, TX | 22,232 | $73,709 | 3.0%/yr | 2.4% | 0.596 |
| Terry County, TX | 11,629 | $43,966 | 1.3%/yr | 4.5% | 0.591 |
| Hockley County, TX | 21,363 | $63,140 | 3.0%/yr | 4.7% | 0.563 |
| Lea County, NM | 73,733 | $67,016 | 1.8%/yr | 6.9% | 0.619 |
Conclusion
Considering all these factors, Yoakum County, Texas has an overall wealth index grade of C, making it somewhat better than Texas, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Yoakum County, Texas.
How Rich Is Yoakum County, Texas?
Yoakum 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 $86,598, about 10% higher than the Texas average of $78,939.
Are incomes growing in Yoakum County, Texas?
Between 2009 and 2024, the median household income in Yoakum County, Texas rose 81%, from $47,930 to $86,598. Over the same years, income here outpaced Texas as a whole: +81% against +64%.
What was the median household income in Yoakum County in 2023?
In 2023, the median household income in Yoakum County, Texas was $82,033, up 3% from $79,407 in 2022. The Texas median that year was $76,528.
What was the median household income in Yoakum County in 2020?
In 2020, the median household income in Yoakum County, Texas was $66,590. By 2024 it had risen 30% to $86,598.
How strong is the job market in Yoakum County, Texas?
Unemployment in Yoakum County, Texas is 6.9%, well above the Texas rate of 5.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Yoakum County, Texas?
The Gini coefficient in Yoakum County is 0.578. 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 Yoakum County, Texas?
Since 2009, the income gap between men and women in Yoakum County, Texas has narrowed from about 43% to 35% in 2024. Over that period the gap was widest at 58% in 2017, and was narrowest at 33% in 2010. In dollar terms, the gap has widened by $12,247 since 2009.
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