Income & Economy in Farmersville, TX

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

Income Overview

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

Median Household Income

$47,016

-36% vs national

Per Capita Income

$32,572

-12% vs national

Poverty Rate

12.9%

-5% vs national

Gini Index

0.4849

0 = perfect equality

Unemployment

7.9%

+52% vs national

SNAP Recipients

24.7%

of households

How Farmersville Compares

Source: Census ACS (2023)

Farmersville vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Farmersville 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 Farmersville. The median household income here is $47,016.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
24.7%
$25-50K
27.5%
$50-75K
4.5%
$75-100K
14.1%
$100-150K
5.9%
$150-200K
14.3%
$200K+
9.1%

Employment Snapshot

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

Unemployment Rate

7.9%

+55% vs TX avg

Labor Force

1,714

Employed

1,579

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+

5.5%

of adults 25+

High School Diploma+

23.1%

of adults 25+

Median Age

38.2

Work from Home

10.0%

of workers

The median household income in Farmersville, TX is $47,016, which is 35.8% below the national average of $73,224. Per capita income is $32,572. The poverty rate of 12.9% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.4849, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.9%, compared to the state average of 5.1%. 5.5% of adults hold a bachelor's degree or higher.