Income & Economy in Providence Village, TX

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

Income Overview

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

Median Household Income

$105,469

+44% vs national

Per Capita Income

$38,922

+5% vs national

Poverty Rate

9.5%

-30% vs national

Gini Index

0.3009

0 = perfect equality

Unemployment

1.2%

-77% vs national

SNAP Recipients

8.4%

of households

How Providence Village Compares

Source: Census ACS (2023)

Providence Village vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Providence Village 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 Providence Village. The median household income here is $105,469.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
5.5%
$25-50K
6.6%
$50-75K
12.8%
$75-100K
24.0%
$100-150K
27.7%
$150-200K
13.8%
$200K+
9.6%

Employment Snapshot

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

Unemployment Rate

1.2%

-76% vs TX avg

Labor Force

3,927

Employed

3,880

Mean Commute

36 min

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+

28.4%

of adults 25+

High School Diploma+

36.5%

of adults 25+

Median Age

33.6

Work from Home

16.8%

of workers

The median household income in Providence Village, TX is $105,469, which is 44.0% above the national average of $73,224. Per capita income is $38,922. The poverty rate of 9.5% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.3009, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.2%, compared to the state average of 5.1%. 28.4% of adults hold a bachelor's degree or higher. The average commute time is 36 minutes, with 16.8% working from home.