Hemphill County, Texas
Income Data
At a Glance
How Hemphill County Compares
Detailed Income Statistics
Data Story
About Household Income in Hemphill County, Texas
Hemphill County slightly below U.S. average
Hemphill County's median household income of $72,052 falls just 3.6% below the national median of $74,755. The county's per capita income of $45,325 is notably robust, suggesting productive earning power across diverse demographics.
Well above Texas state average
At $72,052, Hemphill County's median household income exceeds Texas's state average of $64,737 by $7,315 per household. The per capita income of $45,325 ranks 36.5% higher than the state average of $33,197, indicating strong individual earning capacity.
Competitive with regional peers
Hemphill County's $72,052 median income positions it between regional neighbors, competing favorably with Henderson County ($63,955) but trailing Hood County ($86,802). The county's income profile reflects a stable, diversified local economy.
Housing highly affordable relative to income
With a rent-to-income ratio of just 15.8%, Hemphill County residents enjoy one of the lowest housing cost burdens, meaning housing consumes less than 1 in 6 dollars of gross income. At $214,900, median home values remain accessible to households earning the county median.
Leverage low housing costs for savings
Hemphill County's exceptional rent-to-income ratio of 15.8% frees up significant monthly cash flow compared to national averages. Consider directing these savings into emergency funds, retirement accounts, and investment portfolios to compound wealth over time.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Hemphill County median
County median: $72,052 per year
vs. County Median
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vs. State Average
+11%
vs. National Median
-4%
Income Adequacy
Your monthly income ($6,004) vs. median rent ($946/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.