Economy & Jobs — Palo Pinto County, Texas

Employment

Total Establishments625
Total Employees5,915
Avg Annual Employment8,331
Avg Annual Pay$49,166
Total Annual Wages$409,583,213
Annual Payroll (thousands)$246,778
Unemployment Rate7.3%

Income

Median Household Income$65,242
Poverty Rate15.8%
IRS Returns13,260
Total AGI (thousands)$954,060
Average AGI per Return$71,950

Federal Spending

Total FY2024$173,036,405
Per Capita$6,091
Population Basis28,409

Agriculture

Total Farms27
Land in Farms (acres)608,448
Avg Farm Size (acres)22,535
Year2,022

Dining & Food Establishments

Full-service Restaurants23
Fast Food30
Bars4
Coffee & Snacks4

Data provenance: aggregated from town-level sources, county.json. Rebuilt 2026-04-13T15:43:30.783938+00:00; aggregated 2026-04-13T16:08:25.903517+00:00.