Economy & Jobs — Hereford, Texas
Income & Employment
| Median Household Income (Census) | $56,868 |
|---|
| Estimated 2026 | ~$59,000 |
|---|
| Per Capita Income | $22,911 |
|---|
| Poverty Rate | 15.7% |
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| Unemployment Rate | 4.1% |
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| In Labor Force | 6,927 |
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Top Industries
| Industry | Share |
|---|
| Manufacturing | 20.7% |
| Education Healthcare | 16.6% |
| Arts Food | 9.8% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 12 |
| Insurance Agencies | 10 |
| Fast Food | 10 |
| Gas Stations | 9 |
| Coffee Shops | 7 |
| Commercial Banks | 6 |
| General Merchandise | 5 |
| Law Offices | 5 |
| Hotels Motels | 5 |
| Auto Repair | 4 |
| Accounting Firms | 4 |
| Dental Offices | 4 |
| Liquor Stores | 3 |
| Real Estate Offices | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
