Falls County, Texas
Income Data
At a Glance
How Falls County Compares
Detailed Income Statistics
Data Story
About Household Income in Falls County, Texas
Falls County trails national income averages
Falls County's median household income of $55,372 sits 26% below the national median of $74,755, placing it in the lower-income tier nationally. Residents here earn roughly $19,400 less than the typical American household, a gap that compounds across years and generations.
Below Texas average, but not alone
At $55,372, Falls County's median household income trails the Texas state average of $64,737 by $9,365 per household. Still, the county outperforms its per capita income of $29,535 against the state's $33,197, suggesting wealth is somewhat concentrated among fewer earners.
Mixed fortunes in the F-counties cluster
Falls County earns slightly more than Floyd County ($55,461) but significantly less than Fannin County ($68,377) and Fayette County ($76,541) nearby. Within this regional group, Falls sits in the middle-lower range, suggesting economic variation across central Texas.
Housing costs remain manageable here
Falls County's rent-to-income ratio of 16.2% indicates housing is reasonably affordable, well below the 30% threshold that signals affordability stress. At a median home value of $97,300, homeownership remains accessible for many families earning the county median.
Building wealth despite income gaps
Falls County residents can leverage affordable housing to build equity—the median home value of $97,300 represents just 1.76 years of median household income, creating real opportunity for wealth accumulation. Starting an emergency fund and exploring first-time homebuyer programs can help close the income-to-opportunity gap.
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Income Comparison Calculator
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Your income is above the Falls County median
County median: $55,372 per year
vs. County Median
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vs. State Average
-14%
vs. National Median
-26%
Income Adequacy
Your monthly income ($4,614) vs. median rent ($747/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.