Collin County, Texas

+82% vs. Texas average
$117,588
Median Household Income
$55,057
Per Capita Income

At a Glance

Median Household Income
$117,588
+82% vs. state avg
Per Capita Income
$55,057
+40% vs. national
Income-to-Housing Ratio
26.3%
income as % of home value
Rank in Texas
#2 / 253
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Collin County Compares

Collin County$117,588
Texas Average$64,737
National Median$74,755

Detailed Income Statistics

$117,588
Median Household Income
$55,057
Per Capita Income
$447,600
Median Home Value
26.3%
Income-to-Housing Ratio

Income Advisory: Collin County

Income Verdict

Collin County has a median household income of $117,588 and per capita income of $55,057 — a gap of $62,531, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $1,792/month and a median household income of $117,588, rent consumes approximately 18.3% of monthly income — well within affordable thresholds.

Economic Context

The median household income of $117,588 places Collin County in a high-earning tier, supporting strong purchasing power and above-average consumer spending. Per capita income of $55,057 reflects a relatively affluent population with substantial individual earning capacity.

Neighbor Context

Collin County earns approximately 81.6% above the Texas state median household income of $64,737, positioning it favorably within the state.

Data Story

About Household Income in Collin County, Texas

Collin County vastly outearns the nation

Collin County's median household income of $117,588 soars 57% above the U.S. median of $74,755, ranking it among the wealthiest counties in the country. This Dallas-area powerhouse benefits from corporate headquarters, tech jobs, and affluent suburban growth.

Texas's top-tier income county

At $117,588, Collin County ranks among the highest in Texas—81% above the state average of $64,737. Per capita income of $55,057 nearly doubles the state average of $33,197, reflecting concentrated wealth and high-earning professionals.

Far ahead of rural West Texas peers

Collin County's $117,588 median vastly exceeds all seven other counties surveyed, with only Comal County ($99,015) approaching its income level. The gap reflects urban-suburban versus rural economic divides.

High income meets high home costs

Collin County's rent-to-income ratio of 18.3% remains manageable, but median home values of $447,600 demand substantial household income and down payment capital. Strong wages support homeownership, though affordability requires careful financial planning.

High earners must prioritize diversification

Above-average incomes unlock opportunities—maximize tax-advantaged retirement accounts, diversify into real estate or stock portfolios, and consider wealth-building strategies like tax-loss harvesting. Work with a financial advisor to align growth with life goals.

Frequently Asked Questions

What is the median household income in Collin County, Texas?
The median household income in Collin County, Texas is $117,588, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Collin County?
The per capita income in Collin County is $55,057, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $117,588.
How does Collin County compare to the Texas average?
Collin County's median household income of $117,588 is higher than the Texas state average of $64,737. The per capita income is $55,057, compared to the state average of $33,197.
What is the per capita income in Collin County, Texas?
The per capita income in Collin County, Texas is $55,057, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Collin County income higher than the Texas average?
Collin County's median household income of $117,588 is higher than the Texas average of $64,737. This difference of $52,851 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Collin County rank for income in Texas?
Collin County ranks #2 out of 253 counties in Texas by median household income (1 = highest). With a median household income of $117,588 and per capita income of $55,057, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Collin County

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Your income is above the Collin County median

County median: $117,588 per year

vs. County Median

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vs. State Average

+82%

vs. National Median

+57%

vs. Collin County MedianAbout equal
vs. Texas Average82% above
vs. National Median57% above

Income Adequacy

Monthly income covers median rent5.5x

Your monthly income ($9,799) vs. median rent ($1,792/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.