Hansford County, Texas

Income Data

+6% vs. Texas average
$68,299
Median Household Income
$34,184
Per Capita Income

At a Glance

Median Household Income
$68,299
+6% vs. state avg
Per Capita Income
$34,184
-13% vs. national
Income-to-Housing Ratio
51.7%
income as % of home value
Rank in Texas
#83 / 253
by median household income

How Hansford County Compares

Hansford County$68,299
Texas Average$64,737
National Median$74,755

Detailed Income Statistics

$68,299
Median Household Income
$34,184
Per Capita Income
$132,100
Median Home Value
51.7%
Income-to-Housing Ratio

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

What is the median household income in Hansford County, Texas?
The median household income in Hansford County, Texas is $68,299, 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 Hansford County?
The per capita income in Hansford County is $34,184, 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 $68,299.
How does Hansford County compare to the Texas average?
Hansford County's median household income of $68,299 is higher than the Texas state average of $64,737. The per capita income is $34,184, compared to the state average of $33,197.
What is the per capita income in Hansford County, Texas?
The per capita income in Hansford County, Texas is $34,184, 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 Hansford County income higher than the Texas average?
Hansford County's median household income of $68,299 is higher than the Texas average of $64,737. This difference of $3,562 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 Hansford County rank for income in Texas?
Hansford County ranks #83 out of 253 counties in Texas by median household income (1 = highest). With a median household income of $68,299 and per capita income of $34,184, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Hansford County

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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%

vs. Hansford County MedianAbout equal
vs. Texas Average6% above
vs. National Median9% below

Income Adequacy

Monthly income covers median rent7.4x

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