Gaines County, Texas
Income Data
At a Glance
How Gaines County Compares
Detailed Income Statistics
Data Story
About Household Income in Gaines County, Texas
Gaines surpasses the national average
Gaines County's median household income of $76,605 exceeds the national median of $74,755 by $1,850. This West Texas county outperforms the average American household, driven largely by energy sector employment.
Above-average income in Texas
Gaines ranks above the Texas state average of $64,737, with a median income 18% higher. The county's per capita income of $30,786 also trails only slightly behind the state average of $33,197.
Outearning comparable West Texas areas
Gaines's $76,605 significantly outpaces rural neighbors like Freestone ($58,460) and Frio ($60,098). The county benefits from oil and gas activity that boosts wages compared to purely agricultural regions.
Strong purchasing power for housing
Gaines's 12.3% rent-to-income ratio is among the healthiest in the state, well below the comfort threshold. The median home value of $185,300 becomes achievable for the typical household here, supporting homeownership and wealth building.
Lock in gains from energy economy
Above-average income creates an opportunity to build lasting wealth through diversified investments and retirement savings. Consider consulting a financial advisor to protect gains from commodity price volatility and plan for economic shifts.
Frequently Asked Questions
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How does Gaines County rank for income in Texas?
Income Comparison Calculator
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Your income is above the Gaines County median
County median: $76,605 per year
vs. County Median
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vs. State Average
+18%
vs. National Median
+2%
Income Adequacy
Your monthly income ($6,384) vs. median rent ($788/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.