Palo Pinto County, Texas

Income Data

+0% vs. Texas average
$64,972
Median Household Income
$32,196
Per Capita Income

At a Glance

Median Household Income
$64,972
+0% vs. state avg
Per Capita Income
$32,196
-18% vs. national
Income-to-Housing Ratio
38.8%
income as % of home value
Rank in Texas
#111 / 253
by median household income

How Palo Pinto County Compares

Palo Pinto County$64,972
Texas Average$64,737
National Median$74,755

Detailed Income Statistics

$64,972
Median Household Income
$32,196
Per Capita Income
$167,300
Median Home Value
38.8%
Income-to-Housing Ratio

Data Story

About Household Income in Palo Pinto County, Texas

Palo Pinto County trails U.S. median income

Palo Pinto County's median household income of $64,972 falls 13% short of the U.S. median of $74,755, reflecting a smaller regional economy. The county's energy and ranching sectors provide solid middle-class jobs despite limited population scale.

Matches Texas state average

Palo Pinto County's $64,972 income effectively ties the Texas state median of $64,737, placing it squarely in the middle tier of state counties. This alignment reflects the county's representative economic structure within the larger state context.

Peer earnings with nearby counties

Palo Pinto County's $64,972 mirrors Ochiltree County ($64,988) closely and outearns Panola County ($62,593), but trails Orange County ($73,372). These patterns reflect shared rural and small-regional economic characteristics.

Housing costs are reasonable

Palo Pinto County's rent-to-income ratio of 18.9% keeps housing costs well below the 30% sustainability threshold, freeing up income for other priorities. The median home value of $167,300 remains accessible for households earning the county median.

Start with employer retirement plans

Palo Pinto County residents should enroll in workplace 401(k) or 403(b) plans early to build long-term retirement security. The county's stable energy sector employment supports consistent contributions over decades.

Frequently Asked Questions

What is the median household income in Palo Pinto County, Texas?
The median household income in Palo Pinto County, Texas is $64,972, 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 Palo Pinto County?
The per capita income in Palo Pinto County is $32,196, 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 $64,972.
How does Palo Pinto County compare to the Texas average?
Palo Pinto County's median household income of $64,972 is higher than the Texas state average of $64,737. The per capita income is $32,196, compared to the state average of $33,197.
What is the per capita income in Palo Pinto County, Texas?
The per capita income in Palo Pinto County, Texas is $32,196, 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 Palo Pinto County income higher than the Texas average?
Palo Pinto County's median household income of $64,972 is higher than the Texas average of $64,737. This difference of $235 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 Palo Pinto County rank for income in Texas?
Palo Pinto County ranks #111 out of 253 counties in Texas by median household income (1 = highest). With a median household income of $64,972 and per capita income of $32,196, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $64,972 per year

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vs. National Median

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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.