Income & Economy in Knollwood, TX

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

Income Overview

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

Median Household Income

$61,250

-16% vs national

Per Capita Income

$37,586

+1% vs national

Poverty Rate

8.7%

-36% vs national

Gini Index

0.3252

0 = perfect equality

Unemployment

8.7%

+67% vs national

SNAP Recipients

4.3%

of households

How Knollwood Compares

Source: Census ACS (2023)

Knollwood vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Knollwood 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 Knollwood. The median household income here is $61,250.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.9%
$25-50K
23.3%
$50-75K
25.8%
$75-100K
22.6%
$100-150K
13.3%
$150-200K
1.4%
$200K+
0.7%

Employment Snapshot

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

Unemployment Rate

8.7%

+71% vs TX avg

Labor Force

322

Employed

294

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+

17.4%

of adults 25+

High School Diploma+

44.1%

of adults 25+

Median Age

33.5

Work from Home

11.1%

of workers

The median household income in Knollwood, TX is $61,250, which is 16.4% below the national average of $73,224. Per capita income is $37,586. The poverty rate of 8.7% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.3252, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 8.7%, compared to the state average of 5.1%. 17.4% of adults hold a bachelor's degree or higher.