Crane County, Texas
Income Data
At a Glance
How Crane County Compares
Detailed Income Statistics
Data Story
About Household Income in Crane County, Texas
Crane County trails national income benchmark
Crane County's median household income of $59,915 falls 20% short of the U.S. median of $74,755, reflecting struggles typical of small rural oil and gas-dependent economies. Regional economic volatility affects wage stability and household earnings capacity.
Below Texas median in rural West Texas
At $59,915, Crane County earns 7% less than the Texas state median of $64,737, ranking among the state's lower-income counties. Its per capita income of $30,862 lags the state average of $33,197, indicating limited individual earning power.
Struggling with West Texas rural peers
Crane County's $59,915 median income ranks slightly above Cottle ($58,819) but well below Crockett ($81,739) and Cooke ($72,472). Dependence on volatile oil and gas markets limits income growth compared to more diversified neighboring counties.
Housing affordability offers stability
At 17.7% of income spent on rent, Crane County maintains healthy housing affordability, below the problematic 30% threshold. Median home values of $119,900 remain within reach for median-income households, providing financial breathing room.
Build resilience through diversified savings
With manageable housing costs, Crane County households can allocate savings toward financial stability during boom-bust energy cycles. Consider building robust emergency funds and exploring retirement accounts to weather regional economic volatility and build long-term wealth.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Crane County median
County median: $59,915 per year
vs. County Median
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vs. State Average
-7%
vs. National Median
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Income Adequacy
Your monthly income ($4,993) vs. median rent ($883/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.