Income & Economy in Washburn, TX

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

Income Overview

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

Median Household Income

$62,308

-15% vs national

Per Capita Income

$31,390

-16% vs national

Poverty Rate

8.2%

-40% vs national

Gini Index

0.3737

0 = perfect equality

Unemployment

6.5%

+25% vs national

SNAP Recipients

12.5%

of households

How Washburn Compares

Source: Census ACS (2023)

Washburn vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Washburn 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 Washburn. The median household income here is $62,308.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
9.6%
$25-50K
14.4%
$50-75K
31.7%
$75-100K
16.4%
$100-150K
19.2%
$200K+
8.7%

Employment Snapshot

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

Unemployment Rate

6.5%

+28% vs TX avg

Labor Force

92

Employed

86

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+

10.8%

of adults 25+

High School Diploma+

38.6%

of adults 25+

Median Age

41.2

Work from Home

24.4%

of workers

The median household income in Washburn, TX is $62,308, which is 14.9% below the national average of $73,224. Per capita income is $31,390. The poverty rate of 8.2% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.3737, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.5%, compared to the state average of 5.1%. 10.8% of adults hold a bachelor's degree or higher.