Texas Economic Overview
Key economic indicators for Texas (TX). Population: 29,145,505.
Unemployment Rate
3.9%
Below national avg (~4.2%)
Median Annual Wage
$55,000
Source: Census ACS / BLS
Wage Growth (YoY)
+3.5%
Year-over-year change
Population
29.1M
Source: 2020 Census
About the Texas Economy
Texas has an unemployment rate of 3.9%, which is below the national average. The median annual wage is $55,000, with wages growing at 3.5% year-over-year. With a population of 29,145,505, Texas is the one of the largest state economy in the U.S.