Nolan County, Texas
Income Data
At a Glance
How Nolan County Compares
Detailed Income Statistics
Data Story
About Household Income in Nolan County, Texas
Nolan County lags national income levels
Nolan County's median household income of $50,160 falls 33% below the U.S. median of $74,755, placing it in the bottom third nationally. This gap reflects the county's reliance on smaller-scale agriculture and regional industries compared to more diversified national markets.
Below average for Texas households
Nolan County ranks in the lower half of Texas counties, with median income trailing the state average of $64,737 by $14,577. The gap suggests local economic challenges that many other Texas regions have managed to overcome.
Neighbors earn noticeably more
Surrounding counties like Ochiltree ($64,988) and Palo Pinto ($64,972) earn 29% more than Nolan County. This income gap indicates economic disparities within the region that may reflect differences in job diversity and industry strength.
Rent remains affordable here
With a rent-to-income ratio of 20.7%, Nolan County stays well within the sustainable 30% threshold, meaning housing costs are manageable relative to earnings. However, the lower overall income leaves less room for savings and emergencies compared to higher-earning regions.
Build financial security early
Nolan County residents should prioritize emergency funds and low-cost index funds to grow wealth over time, starting with even modest monthly contributions. Consider seeking employer retirement plans or opening an IRA—compound growth over decades can significantly bridge income gaps.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Nolan County median
County median: $50,160 per year
vs. County Median
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vs. State Average
-23%
vs. National Median
-33%
Income Adequacy
Your monthly income ($4,180) vs. median rent ($866/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.