Hansford County, Texas
Income Data
At a Glance
How Hansford County Compares
Detailed Income Statistics
Data Story
About Household Income in Hansford County, Texas
Hansford earns near national average
Hansford County's median household income of $68,299 sits just $6,456 below the national median of $74,755, placing it in the middle-to-upper range nationally. The county's per capita income of $34,184 also outperforms Texas's state average of $33,197.
Above-average for Texas
Hansford County exceeds Texas's median household income of $64,737 by $3,562, ranking solidly in the upper-middle tier of Texas counties. This positions Hansford as a stronger-than-average earner within the state.
Competitive with regional peers
Hansford County's $68,299 median income matches or exceeds most neighbors, surpassing Hamilton County ($55,339) and Hardeman County ($61,179). Only Hartley County ($82,122) significantly outearns Hansford in this regional cluster.
Strong affordability and financial cushion
At just 13.5% of income spent on rent, Hansford County residents enjoy excellent housing affordability compared to the national average of 20-25%. This low ratio frees up roughly 54% of household income for savings, debt repayment, and living expenses.
Leverage affordability for growth
Hansford County's combination of above-average income and low housing costs creates ideal conditions for wealth building. Residents should maximize 401(k) contributions, open IRAs, and explore real estate or diversified portfolio investments to capitalize on this financial advantage.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Hansford County
Your income is above the Hansford County median
County median: $68,299 per year
vs. County Median
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vs. State Average
+6%
vs. National Median
-9%
Income Adequacy
Your monthly income ($5,692) vs. median rent ($770/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.