Official Federal Data
Parker County, Texas
FIPS 48367 · Dallas-Fort Worth-Arlington, TX · Population 165,168
9 Sources
Updated June 22, 2026
$104,443 ▲
Median Income
$80,734 national
3.5% ▲
Unemployment
4% national
$7.6B ▲
GDP
32.3% ▲
Bachelor's+
35.7% national
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$104,443 ▲
Per Capita
$47,117 ▲
Mean Household
$131,405 ▲
Poverty Rate
8% ▼
Median Income Comparison
Parker County$104,443
Texas$78,476
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 24.7%
18-34 · 19.1%
35-54 · 27%
55-64 · 13.3%
65+ · 16%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
91.7%
High School+
National: 89.6%
▲ +2.1 pts
32.3%
Bachelor's+
National: 35.7%
▼ 3.4 pts
10.5%
Graduate+
National: 14.1%
▼ 3.6 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
165,168
Population
84,631
Labor Force
Employed
80,995
Unemployment Rate BLS LAUS 2025 annual
3.5% ▲ +0.1 pts YoY
Mean Commute 6 min above national avg
31.9 min
Work From Home vs 15.1% national
13.3%
Key Takeaways
- Income premium: Households earn well above the national median, supporting strong retail and housing markets.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Retail Trade employs 6,484 workers (20.6% of tracked sectors), at an average wage of $45,231.
- Economic scale: Regional GDP of $7.6B (2024).
- Wage stratification: Wholesale Trade averages $94,142 while Accommodation and Food Services averages $23,813, a 4.0x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Manufacturing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
1,833
Cluster Employment
2.99x
Peak LQ
Concentrated Sub-Sectors
Support Activities for Mining
6.58x 482
Machinery Manufacturing
2.99x 895
Pipeline Transportation
2.85x 44
Waste Management and Remediation Services
2.43x 346
Fabricated Metal Product Manufacturing
2.36x 926
Motor Vehicle and Parts Dealers
2.23x 1,257
Animal Production and Aquaculture
2.13x 158
Gasoline Stations and Fuel Dealers
1.96x 566
Repair and Maintenance
1.93x 774
Leather and Allied Product Manufacturing
1.84x 12
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.29x
Food Manufacturing
143 employed
0.30x
Publishing Industries and Telecommunications
75 employed
0.31x
Telecommunications
51 employed
Key Takeaways
- Top specialization: Support Activities for Mining concentrates at 6.58x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
- Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$375,900 ▲
Median Home Value vs 2019
$1,500 ▲
Rent/Mo
80.7% ▲
Owner-Occ
5.7% ▼
Vacancy
3.6x
Home Value to Income Ratio
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$1,427/mo
1 Bedroom
$1,473/mo
2 Bedroom
$1,723/mo
3 Bedroom
$2,273/mo
4 Bedroom
$2,815/mo
30% of monthly median household income (~$2,611/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- In line with national: Home value to income ratio of 3.6x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
- High home ownership: 80.7% owner-occupied; rental supply may be tight for incoming workers.
- Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,611/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
98,083 ▲
Working Age (18-64) vs 2019
Mean Commute 6 min above national avg
31.9 min
Work From Home vs 15.1% national
13.3%
Prime-Age Employed (25-54)
81.8%
of prime-age population
▲ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
32.3% ▲
HS Diploma+
91.7% ▲
Regional / Statewide Institutions
Total credentials awarded
79,681/yr
20,117/yr
17,432/yr
11,449/yr
10,913/yr
10,852/yr
8,918/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
22.4%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
42%
Service
14.2%
Sales & Office
21.3%
Construction / Maint.
9.8%
Production / Transport
12.7%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 80,995 employed workers.
Key Takeaways
- Succession risk is real: 22.4% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 48,998 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Sample AI Insight
Parker County shows strong potential for support activities for mining attraction, with a 6.58x concentration and 482 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 22.4% of the working-age population within 10 years of retirement age.
The interconnected base across support activities for mining, machinery manufacturing, and pipeline transportation creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23
Frequently Asked Questions
Key economic and demographic figures for Parker County, Texas, from federal data sources.
What is the population of Parker County, Texas?
165,168 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Parker County, Texas?
$104,443 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Parker County, Texas?
3.5% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Parker County, Texas?
$7.6B (U.S. Bureau of Economic Analysis, CAGDP1).
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