This section shows the ZIP code 76238 Texas economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, 76238 shows it has a Median earnings of $63,750 which is the second most median earnings of all the zip codes in the greater ZIP code 76238 region. The zip code with the highest median earnings per worker in the area is 76250 which depicts a median earnings of $66,875 (only about 4.9% larger). Comparing median earnings per worker to the United States average of $53,269, ZIP code 76238 is 19.7% larger. Also, versus the state of Texas, median earnings per worker of $50,806, ZIP code 76238 is 25.5% larger.
In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $81,250 which is in the center range of other zip codes in the local area. The zip code with the highest median household income in the area is 76250 which shows a median income of $91,458 (12.6% larger). Comparing median household income to the United States average of $69,021, ZIP code 76238 is 17.7% larger. Also, in comparison with the state of Texas, median household income of $67,321, ZIP code 76238 is 20.7% larger.
The next section examines a variety of different income statistics for the ZIP code 76238 metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $10,000 and $14,999 at 7.4% of the total and is ranked #1. Second, it has the largest proportion of earnings between $20,000 and $49,999 at 35.6% of the total and is ranked #1. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 4 shows that it has a Avg Hrly Earnings of $31.35 which is the largest of all zip codes in the greater ZIP code 76238 region. Comparing average hourly earnings to the United States average of $26.40, ZIP code 76238 is 18.8% larger. Also, versus the state of Texas, average hourly earnings of $24.43, ZIP code 76238 is 28.4% larger.
Figure 5 examines the number of self employed people in the ZIP code 76238 metro area based on the number of people who reported any self employment income. 76238 indicates it has a Self Employed of 20.2% which is the second most people self employed of all the zip codes in the greater ZIP code 76238 region. The zip code with the highest percentage of people self employed in the area is 76239 which shows a percentage self employed of 30.4% (51.0% larger).
Figure 6 breaks down the source of income and 76238 has the largest proportion of investment and retirement income at 13.1% of the total and is ranked #1.
The next chart (Figure 7) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 32.3% which is the third most households with retirement income of all other zip codes in the greater ZIP code 76238 region. The zip code with the highest households with retirement income in the area is 76250 which depicts a households with retirement income of 34.0% (only about 5.3% larger).
The percentage of full-time workers are compared to the number of part-time workers in Figure 8. 76238 depicts full time employees approximately 3.2 times bigger as the part time employees.
Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. 76238 depicts it has the hightest cost of 103.9 for the cost of utilities category.
ZIP code 76238 Poverty Charts
In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. 76238 depicts it has a Percent of Population In Poverty of 0.9% which is the smallest in terms of percent of people earning less than the poverty level of all the other zip codes in the local area. The zip code with the highest percent of people earning less than the poverty level in the area is 76266 which depicts a percent of people in poverty of 7.5% ( substantially bigger).
ZIP code 76238 Labor Force Charts
The table in Figure 13, shows ZIP code 76238 employment data in terms of job categories and salary data.
The next two charts look at monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the disasterous Coronavirus Pandemic it went from 3.7% to 2.6% in December 2019. This represents a decrease in the monthly unemployment rate of 29.7%. Since that time, the monthly unemployment rate has gone to 2.6%. This represents an increase in the monthly unemployment rate of very little.
ZIP code 76238 Jobs Charts
In the jobs section of economic activity charts in Figure 15 shows the average annual earnings for very high level job industry categories for full time and year round employed.
Figure 16 shows the average median earnings for different categories of jobs.
ZIP code 76238 Work Commute Charts
Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown ZIP code 76238 or elsewhere.) ZIP code 76238 has the largest proportion of people who drove alone at 90% of the total and is ranked #1.
Figure 19 is provided for comparison purposes to the previous chart. It shows how people get to work overall on average in the United States.
The average commute time is shown in Figure 21. ZIP code 76238 depicts it has a Avg Commute Time of 34 which is the highest of all zip codes in the greater ZIP code 76238 region.
Cities marked with an asterisk ("*") should resemble a city or town but do not have their own government (i.e. Mayor, City Council, etc.) These places should be recognizable by the local community but their boundaries have no legal status. Technically these include both Census Designated Places (CDP) and Census County Divisions (CCD) which are defined by the Census Bureau along with local authorities. (For more information, see:
Census Designated Place or "CDP")
and Census County Division "CCD".)
For comparison purposes, the US national average and the state average value are provided. Additionally, the "Combined Statistical Area" or CSA is shown that is closest to the city, county, or zip code shown. A CSA is a large grouping of adjacent metropolitan areas that identified by the Census Bureau based on social and economic ties. (See: Combined Statistical Area)
Data sources - Mouse over icon in upper right corner of each chart for information.