Somervell County, Texas
Income Data
At a Glance
How Somervell County Compares
Detailed Income Statistics
Data Story
About Household Income in Somervell County, Texas
Above-National Household Income
Somervell County's median household income of $83,382 exceeds the U.S. median of $74,755 by $8,627, or 11.5%. This positions Somervell above the typical American household and reflects strong, sustained earning across the county.
Among Texas's Wealthiest Counties
At $83,382, Somervell ranks solidly above the Texas county average of $64,737—outpacing 75% of Texas counties. The county's per capita income of $40,711 substantially exceeds the state average of $33,197, signaling elevated individual earning power throughout the population.
Regional Income Leader
Somervell's $83,382 median income ranks highest among its peer counties, topping Sterling ($78,750), Sherman ($74,167), and Smith ($71,923). This economic strength reflects access to quality employment and suggests robust household financial stability across the region.
Strong Affordability with Room to Spare
Somervell's rent-to-income ratio of 13.3% sits well below the 28% threshold, leaving households substantial discretionary income. Despite a higher median home value of $253,600, the strong income base makes homeownership and maintenance highly affordable.
Maximize Long-Term Wealth Strategies
Somervell's strong income and low housing burden create exceptional capacity for diversified investing, education funding, and retirement planning. Consider working with a financial advisor to structure a comprehensive wealth-building plan including real estate, equities, and alternative investments.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Somervell County median
County median: $83,382 per year
vs. County Median
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vs. State Average
+29%
vs. National Median
+12%
Income Adequacy
Your monthly income ($6,949) vs. median rent ($927/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.