IncomeBy County

Knox County, Texas

Income Data

U.S. Census Bureau ACS
-13% vs. Texas average
$56,304
Median Household Income
$26,698
Per Capita Income

At a Glance

Median Household Income
$56,304
-13% vs. state avg
Per Capita Income
$26,698
-32% vs. national
Income-to-Housing Ratio
84.3%
income as % of home value
Rank in Texas
#180 / 253
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Knox County Compares

Knox County$56,304
Texas Average$64,737
National Median$74,755

Detailed Income Statistics

$56,304
Median Household Income
$26,698
Per Capita Income
$66,800
Median Home Value
84.3%
Income-to-Housing Ratio

Income Advisory: Knox County

Income Verdict

Knox County has a median household income of $56,304 and per capita income of $26,698 — a gap of $29,606, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $661/month and a median household income of $56,304, rent consumes approximately 14.1% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $56,304, residents of Knox County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $26,698 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.

Neighbor Context

Knox County earns approximately 13% below the Texas state median household income of $64,737.

Data Story

About Household Income in Knox County, Texas

Knox County earns well below U.S. median

Knox County's median household income of $56,304 is 25% lower than the national median of $74,755, placing it among lower-income counties nationwide. This significant gap underscores the rural economic challenges facing North Texas.

Among Texas's lower-income counties

Knox County ranks in the bottom tier of Texas counties with income 13% below the state median of $64,737. The county's dependence on agriculture and small-scale manufacturing limits wage growth compared to urban centers.

Slightly below regional peers

Knox County's $56,304 income trails Lamb County ($56,997) but closely mirrors La Salle County ($55,469), reflecting shared rural Texas economics. Nearby Lamar County ($61,122) performs better, suggesting geographic variation within the region.

Excellent housing affordability advantage

Knox County's 14.1% rent-to-income ratio is exceptionally low, placing it well below the 15% benchmark and among the most affordable in Texas. With median home values at just $66,800, homeownership here remains highly accessible even for modest earners.

Leverage low housing costs for wealth building

Knox County's remarkable housing affordability frees up substantial cash flow for investing and savings compared to national standards. Residents here can aggressively fund retirement accounts, education savings, or down payments for investment properties with minimal strain on household budgets.

Frequently Asked Questions

What is the median household income in Knox County, Texas?
The median household income in Knox County, Texas is $56,304, 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 Knox County?
The per capita income in Knox County is $26,698, 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 $56,304.
How does Knox County compare to the Texas average?
Knox County's median household income of $56,304 is lower than the Texas state average of $64,737. The per capita income is $26,698, compared to the state average of $33,197.
What is the per capita income in Knox County, Texas?
The per capita income in Knox County, Texas is $26,698, 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.
Is Knox County a low-income area in Texas?
Knox County's median household income of $56,304 is below the Texas average of $64,737. The per capita income of $26,698 is also lower than the state average of $33,197. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Knox County rank for income in Texas?
Knox County ranks #180 out of 253 counties in Texas by median household income (1 = highest). With a median household income of $56,304 and per capita income of $26,698, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Knox County

$
1.00x

Your income is above the Knox County median

County median: $56,304 per year

vs. County Median

+0%

vs. State Average

-13%

vs. National Median

-25%

vs. Knox County MedianAbout equal
vs. Texas Average▼ 13% below
vs. National Median▼ 25% below

Income Adequacy

Monthly income covers median rent7.1x

Your monthly income ($4,692) vs. median rent ($661/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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