Income & Economy in Salado, TX

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

Income Overview

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

Median Household Income

$103,500

+41% vs national

Per Capita Income

$66,827

+80% vs national

Poverty Rate

6.2%

-54% vs national

Gini Index

0.5241

0 = perfect equality

Unemployment

1.4%

-73% vs national

SNAP Recipients

3.2%

of households

How Salado Compares

Source: Census ACS (2023)

Salado vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Salado 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 Salado. The median household income here is $103,500.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
8.5%
$25-50K
9.3%
$50-75K
15.2%
$75-100K
15.7%
$100-150K
16.7%
$150-200K
10.0%
$200K+
24.6%

Employment Snapshot

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

Unemployment Rate

1.4%

-73% vs TX avg

Labor Force

1,036

Employed

989

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+

44.5%

of adults 25+

High School Diploma+

49.9%

of adults 25+

Median Age

48.3

Work from Home

14.3%

of workers

The median household income in Salado, TX is $103,500, which is 41.3% above the national average of $73,224. Per capita income is $66,827. The poverty rate of 6.2% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.5241, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.4%, compared to the state average of 5.1%. 44.5% of adults hold a bachelor's degree or higher.