Palo Pinto County, Texas
Income Data
At a Glance
How Palo Pinto County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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Your income is above the Palo Pinto County median
County median: $64,972 per year
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($5,414) vs. median rent ($1,024/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.