Income & Economy in El Rancho Vela, TX

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$49,200

-33% vs national

Per Capita Income

$24,179

-35% vs national

Poverty Rate

19.8%

+45% vs national

Gini Index

0.2936

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

35.4%

of households

How El Rancho Vela Compares

Source: Census ACS (2023)

El Rancho Vela vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. El Rancho Vela is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in El Rancho Vela. The median household income here is $49,200.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
14.2%
$25-50K
47.2%
$75-100K
21.7%
$100-150K
14.2%
$150-200K
2.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs TX avg

Labor Force

340

Employed

340

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

0.0%

of adults 25+

High School Diploma+

8.9%

of adults 25+

Median Age

29.7

Work from Home

0.0%

of workers

The median household income in El Rancho Vela, TX is $49,200, which is 32.8% below the national average of $73,224. Per capita income is $24,179. The poverty rate of 19.8% is higher than the TX state average of 14.9%. The Gini index of income inequality is 0.2936, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 5.1%. 0.0% of adults hold a bachelor's degree or higher.