Midland: Economy & Jobs
Midland reports a median household income of $89,585 (about the same as Midland County median $92,874; 1.1× higher than Texas median $78,476), with homes at a median value of $319,200. The surrounding county supports 2,341 jobs (avg $74,343).
- $201,499 avg taxable income per return — higher than the median household income (vs Texas $91,104).
Income & Affordability
Median household income $89,585 — above the Texas median ($70,518). Poverty rate 12.4% (U.S. average ~12.5%).
| Affordability · Price To Income Ratio | 3.6× |
|---|---|
| Affordability · Rent To Income Pct | 19.2% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | affordable |
| Irs Income · IRS tax returns filed | $2,210 |
| Irs Income · Total Adjusted Gross Income (thousands) | $445,312 |
| Irs Income · Average AGI per return | $201,499 (vs Texas $91,104) |
| Irs Income · Year | 2022 |
| Income Estimate | $103,888 |
| Median Household Income | $89,585 (vs Texas $70,518) |
| Poverty Rate | 12.4% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | mixed |
|---|---|
| Economic Character · Top Industry | Agriculture |
| Economic Character · Income Level | upper-middle |
| Economic Character · Median Income | $89,585 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.5% — below the U.S. average of ~4%. 6% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 20.10 |
|---|---|
| Commuter Profile · Work From Home Pct | 6.2% |
| Commuter Profile · Profile | short commute |
| Employment · Avg annual employment (county) | 2,341 |
| Employment · Total annual wages (county) | $174,011,856 |
| Employment · Average annual pay | $74,343 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 13,557,950 |
| Unemployment Rate | 2.5% (vs Texas 3.4%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 50 |
|---|---|
| Agriculture · Land In Farms Acres | 576,851 |
| Agriculture · Avg Farm Size Acres | 11,537.00 |
| Agriculture · Top Commodities | Crop Totals, Field Crops, Other, Cotton, Animal Totals, Cattle |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 128 |
| Business Patterns · Total Employees | 1,298 |
| Business Patterns · Annual Payroll Thousands | 99,013 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · New Car Dealers | 3 |
|---|---|
| Local Businesses · Hotels Motels | 3 |
Sources: Census CBP — NAICS detail codes
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (20)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | Dollar General 31004 |
|---|---|
| Nearest Snap · Total In Area | 149 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | MIDLAND CHAMBER OF COMMERCE |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $20,224,351 |
|---|---|
| Federal Spending · Per Capita | 3,861.82 (vs Texas $5,671) |
| Federal Spending · Population | 5,237 people (vs Texas 143,570) |
Sources: USAspending API
Other
| Job Training · Total count | 3 |
|---|---|
| Pct Drove Alone | 79.3% |
| Pct Public Transit | 1.0% |
| Pct Walked | 6.2% |
| Retirement Score · Median age | 31.5 years (vs Texas 34.5y) |
| Retirement Score · Ss Household Pct | 18.6% |
| Retirement Score · Hospitals Nearby | 1 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Affordable | Yes |
| Retirement Score · Factors | hospital access, VA nearby, affordable |
| Retirement Score · Rating | good |
Sources: IRS BMF keyword search · Census ACS 5-Year 2023 · Refreshed 2026-04-12