Income & Economy in Westlake, TX

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

Income Overview

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

Median Household Income

$250,001

+241% vs national

Per Capita Income

$187,283

+404% vs national

Poverty Rate

8.2%

-40% vs national

Gini Index

0.5319

0 = perfect equality

Unemployment

2.2%

-57% vs national

SNAP Recipients

1.2%

of households

How Westlake Compares

Source: Census ACS (2023)

Westlake vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Westlake 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 Westlake. The median household income here is $250,001.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
10.2%
$25-50K
2.5%
$50-75K
2.9%
$75-100K
2.8%
$100-150K
12.0%
$150-200K
2.2%
$200K+
67.5%

Employment Snapshot

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

Unemployment Rate

2.2%

-56% vs TX avg

Labor Force

586

Employed

573

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+

51.2%

of adults 25+

High School Diploma+

55.1%

of adults 25+

Median Age

46.8

Work from Home

42.8%

of workers

The median household income in Westlake, TX is $250,001, which is 241.4% above the national average of $73,224. Per capita income is $187,283. The poverty rate of 8.2% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.5319, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.2%, compared to the state average of 5.1%. 51.2% of adults hold a bachelor's degree or higher.