Westlake: Economy & Jobs
Median household income in Westlake is $250,001 (3.0× higher than Tarrant County median $84,207; 3.2× higher than Texas median $78,476), with homes at a median value of $2,000,001. The surrounding county supports 313,782 jobs (avg $65,626).
- $116,976 avg taxable income per return — lower than the median household income (vs Texas $91,104).
Income & Affordability
Median household income $250,001 — above the Texas median ($70,518). Poverty rate 6.6% (U.S. average ~12.5%).
| Affordability · Price To Income Ratio | 8.0× |
|---|---|
| Affordability · Rent To Income Pct | 16.8% |
| Affordability · Interpretation | very expensive |
| Irs Income · IRS tax returns filed | $462,230 |
| Irs Income · Total Adjusted Gross Income (thousands) | $54,069,592 |
| Irs Income · Average AGI per return | $116,976 (vs Texas $91,104) |
| Irs Income · Year | 2022 |
| Income Estimate | $284,880 |
| Median Household Income | $250,001 (vs Texas $70,518) |
| Poverty Rate | 6.6% |
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 | white_collar |
|---|---|
| Economic Character · Top Industry | Professional |
| Economic Character · Income Level | affluent |
| Economic Character · Median Income | $250,001 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.0% — below the U.S. average of ~4%. 41% work from home (U.S. average ~15%).
| Commuter Profile · Work From Home Pct | 41.2% |
|---|---|
| Commuter Profile · Primary Mode | drove alone |
| Employment · Avg annual employment (county) | 313,782 |
| Employment · Total annual wages (county) | $20,592,326,937 |
| Employment · Average annual pay | $65,626 |
| 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 | 1.0% (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 | 242 |
|---|---|
| Agriculture · Land In Farms Acres | 239,137 |
| Agriculture · Avg Farm Size Acres | 988.20 |
| Agriculture · Top Commodities | Animal Totals, Equine, Crop Totals, Grain, Wheat |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 19,177 |
| Business Patterns · Total Employees | 267,471 |
| Business Patterns · Annual Payroll Thousands | 14,854,415 |
| 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 · Grocery Stores | 85 |
|---|---|
| Local Businesses · Convenience Stores | 73 |
| Local Businesses · Liquor Stores | 64 |
| Local Businesses · Gas Stations | 216 |
| Local Businesses · Department Stores | 10 |
| Local Businesses · General Merchandise | 52 |
| Local Businesses · Clothing Stores | 42 |
| Local Businesses · Pet Stores | 31 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 630 |
|---|---|
| Dining Scene · Fast Food | 809 |
| Dining Scene · Bars | 56 |
| Dining Scene · Coffee Snacks | 288 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (4)
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 (2)
| Nearest Snap · Name | QuikTrip 966 |
|---|---|
| Nearest Snap · Total In Area | 2 |
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 | DENTON CHAMBER OF COMMERCE FOUNDATION |
|---|
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 | $4,148,395,974 |
|---|---|
| Federal Spending · Per Capita | 4,576.67 (vs Texas $5,671) |
| Federal Spending · Population | 906,422 people (vs Texas 143,570) |
Sources: USAspending API
Other
| Pct Drove Alone | 55.5% |
|---|---|
| Pct Walked | 41.2% |
| Retirement Score · Median age | 46.4 years (vs Texas 34.5y) |
| Retirement Score · Ss Household Pct | 17.1% |
| Retirement Score · Hospitals Nearby | 10 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | older population, hospital access, VA nearby |
| Retirement Score · Rating | good |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12