Young County, Texas Income Statistics
Young 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
Young County Below averageWealthier than 72% of counties in Texas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Young County | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,260 | $78,939 | $80,455 |
| Median Personal Income | $53,089 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.6% | 4.8% |
| Six-Figure Earners | 11.4% | 13.0% | 13.9% |
| $200k+ Households | 5.5% | 12.5% | 13.2% |
The median household income in Young County is about 14% lower than in Texas. Income has been growing faster in Young County (5.1%/yr) than in Texas (4.6%/yr).
About 11% of adults in Young 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 Young County, Texas grew by 75.4% from 2009 to 2024, reaching $68,260 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Young County
| Metric | Young County | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.570 | 0.552 |
| Male Median Income | $65,985 | $66,147 | $69,667 |
| Female Median Income | $48,445 | $53,058 | $56,850 |
| Gender Pay Gap | 26.6% | 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 Young County, it is 0.532, lower than Texas's 0.570, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 36% more than women's income in Young County, Texas. Over a 35-year career, a 36% wage gap accumulates to roughly $613,900 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Young County, Texas has narrowed from about 35% to 27% in 2024. Over that period the gap was widest at 41% in 2016, and was narrowest at 21% in 2021. In dollar terms, the gap has widened by $3,511 since 2009.
Employment
| Metric | Young County | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 5.2% | 5.2% |
| Working from Home | 3.8% | 14.4% | 15.0% |
| Commute time (minutes) | 10 | 22 | 22 |
Approximately 323 people are unemployed in Young County, Texas.
The average commute time in Young County is 10 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Young County, Texas has fallen from 5.6% to 3.5% in 2024. Over that period the rate peaked at 6.0% in 2014 and fell as low as 2.6% in 2022.
Young County, TX Wealth Compared With Nearby Counties
Young County, TX is the 2nd largest of the 6 counties compared here, 18,029 residents against a local median of 8,882. Young County, TX's unemployment, at 3.5%, runs 42% below the 6.1% typical of the counties around it. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 5.1%/yr against a local median of 3.7%/yr, 37% above it. Every measure here with a clear better direction points the same way, so Young County, TX is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 6.6% on unemployment, so Young County, TX sits at one end of an already wide local range rather than apart from it. Young County, TX has the 2nd 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. |
|---|---|---|---|---|---|
| Young County, TX | 18,029 | $68,260 #2/6 | 5.1%/yr #3/6 | 3.5% #2/6 | 0.532 #2/6 |
| Archer County, TX | 8,867 | $73,392 | 1.8%/yr | 3.0% | 0.529 |
| Stephens County, TX | 9,351 | $59,055 | 3.7%/yr | 5.4% | 0.535 |
| Jack County, TX | 8,882 | $64,926 | 3.3%/yr | 9.6% | 0.636 |
| Throckmorton County, TX | 1,639 | $57,499 | 5.3%/yr | 8.3% | 0.566 |
| Palo Pinto County, TX | 29,295 | $67,381 | 5.9%/yr | 6.1% | 0.560 |
Conclusion
Considering all these factors, Young 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 Young County, Texas.
How Rich Is Young County, Texas?
Young 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 $68,260, about 14% lower than the Texas average of $78,939.
How has median household income changed in Young County, Texas?
Between 2009 and 2024, the median household income in Young County, Texas rose 75%, from $38,927 to $68,260. Over the same years, income here outpaced Texas as a whole: +75% against +64%.
What was the median household income in Young County in 2023?
In 2023, the median household income in Young County, Texas was $62,930, down 5% from $65,966 in 2022. The Texas median that year was $76,528.
What was the median household income in Young County in 2020?
In 2020, the median household income in Young County, Texas was $53,294. By 2024 it had risen 28% to $68,260.
Is unemployment high in Young County, Texas?
Unemployment in Young County, Texas is only 3.5%, well below the Texas rate of 5.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Young County, Texas?
The Gini coefficient in Young County is 0.532. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Young County, Texas?
Since 2009, the income gap between men and women in Young County, Texas has narrowed from about 35% to 27% in 2024. Over that period the gap was widest at 41% in 2016, and was narrowest at 21% in 2021. In dollar terms, the gap has widened by $3,511 since 2009.
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