Smith County, Texas

Income Data

+11% vs. Texas average
$71,923
Median Household Income
$34,785
Per Capita Income

At a Glance

Median Household Income
$71,923
+11% vs. state avg
Per Capita Income
$34,785
-12% vs. national
Income-to-Housing Ratio
32.6%
income as % of home value
Rank in Texas
#59 / 253
by median household income

How Smith County Compares

Smith County$71,923
Texas Average$64,737
National Median$74,755

Detailed Income Statistics

$71,923
Median Household Income
$34,785
Per Capita Income
$220,800
Median Home Value
32.6%
Income-to-Housing Ratio

Data Story

About Household Income in Smith County, Texas

Slightly Below National Household Income

Smith County's median household income of $71,923 trails the U.S. median of $74,755 by about $2,800, or 4%. While below the national average, the gap is modest, indicating Smith households earn near-typical American levels.

Above Texas County Average

At $71,923, Smith ranks solidly above the Texas county average of $64,737, placing it in the upper-middle income tier statewide. The county's per capita income of $34,785 also exceeds Texas's $33,197 average, reflecting healthy earning across the population.

Mid-Range Performer Regionally

Smith's $71,923 income positions it above Shackelford ($64,659), Shelby ($50,436), and Stephens ($54,695), but below Somervell ($83,382) and Sterling ($78,750). The county offers competitive wages alongside proximity to larger regional employment centers.

Housing Costs Squeeze Some Households

Smith's rent-to-income ratio of 20.0% sits elevated compared to national affordability standards, indicating housing claims one-fifth of median household income. The median home value of $220,800 reflects a competitive real estate market that strains less-affluent residents.

Balance Housing with Savings Goals

While housing costs are notable, Smith households can still allocate meaningful funds toward retirement and investment vehicles. Review your mortgage terms and consider refinancing opportunities or home equity strategies to free up capital for wealth-building.

Frequently Asked Questions

What is the median household income in Smith County, Texas?
The median household income in Smith County, Texas is $71,923, 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 Smith County?
The per capita income in Smith County is $34,785, 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 $71,923.
How does Smith County compare to the Texas average?
Smith County's median household income of $71,923 is higher than the Texas state average of $64,737. The per capita income is $34,785, compared to the state average of $33,197.
What is the per capita income in Smith County, Texas?
The per capita income in Smith County, Texas is $34,785, 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 Smith County income higher than the Texas average?
Smith County's median household income of $71,923 is higher than the Texas average of $64,737. This difference of $7,186 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 Smith County rank for income in Texas?
Smith County ranks #59 out of 253 counties in Texas by median household income (1 = highest). With a median household income of $71,923 and per capita income of $34,785, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Smith County

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Your income is above the Smith County median

County median: $71,923 per year

vs. County Median

+0%

vs. State Average

+11%

vs. National Median

-4%

vs. Smith County MedianAbout equal
vs. Texas Average11% above
vs. National Median4% below

Income Adequacy

Monthly income covers median rent5.0x

Your monthly income ($5,994) vs. median rent ($1,197/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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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.