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As of 2023, Texas grossed more than $440 billion a year in exports, more than double the next highest state California ($178 billion). [9] Texas would be ranked as the 8th largest economy among nations of the world by nominal GDP, ahead of Canada, South Korea, Russia, and Australia. [10] In 2019, Texas had a median household income of $61,874. [11]
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas. [note 1]
Territory [1] HDI Data Year Status Guam 0.901: 2008: Very High human development US Virgin Islands 0.894: 2008: Very High human development Puerto Rico 0.880: 2024: Very High human development
This article lists the Human Development Index rating of each U.S. state, territory, and federal district according to the UN. All U.S. states and territories have a very high (greater than 0.800) HDI.
Texas is ranked twenty-fifth among US states by median household income, with a per capita income of $19,617 (2000). ... Highest-income counties in the United States;
Texas also has a lower median household income compared to the national median. In Texas, the median household income between 2017 and 2021 was $67,321, and $74,580 nationwide in 2022.
A score of 1 would represent the case in which one person would have all the income and others would have none. Therefore, a lower Gini score is roughly associated with a more equal distribution of income and vice versa. In 2018 U.S. income inequality as measured by the Gini index was close to the highest recorded values ever. [15] [16]
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