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Abilene: Economy & Jobs

Median household income in Abilene is $62,648 (1.1× below Taylor County median $67,139; 1.3× below Texas median $78,476), with homes at a median value of $183,700. The surrounding county supports 3,056 jobs (avg $50,611).

Income & Affordability

Median household income $62,648 — below the Texas median ($70,518). Poverty rate 16.1% (U.S. average ~12.5%).

Affordability · Price To Income Ratio2.9×
Affordability · Rent To Income Pct22.2%
Affordability · AffordableYes
Affordability · Interpretationvery affordable
Irs Income · IRS tax returns filed$6,820
Irs Income · Total Adjusted Gross Income (thousands)$415,532
Irs Income · Average AGI per return$60,928 (vs Texas $91,104)
Irs Income · Year2022
Income Estimate$71,470
Median Household Income$62,648 (vs Texas $70,518)
Poverty Rate16.1%

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 · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$62,648

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.7% — below the U.S. average of ~4%. 8% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min15.60
Commuter Profile · Work From Home Pct8.4%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)3,056
Employment · Total annual wages (county)$154,659,724
Employment · Average annual pay$50,611
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment13,557,950
Unemployment Rate1.7% (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 Farms26
Agriculture · Land In Farms Acres564,608
Agriculture · Avg Farm Size Acres21,715.70
Agriculture · Top CommoditiesAnimal Totals, Cattle, Crop Totals, Grain, Wheat
Agriculture · Year2022
Business Patterns · Establishments (employer count)263
Business Patterns · Total Employees2,022
Business Patterns · Annual Payroll Thousands100,734
Business Patterns · Year2022

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 · Gas Stations6
Local Businesses · General Merchandise5
Local Businesses · Funeral Homes3
Local Businesses · Commercial Banks4
Local Businesses · Insurance Agencies6
Local Businesses · Physician Offices5
Local Businesses · Nursing Care3
Local Businesses · Child Day Care3

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 Restaurants10
Dining Scene · Fast Food10
Dining Scene · Coffee Snacks4

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 (20)

First Financial Bank
ELY BRANCH · 1010 N Judge Ely Blvd · 79601
First Financial Bank
H E B BRANCH · 1345 Barrow St · 79605
First Financial Bank
UNITED BRANCH · 920 N Willis St · 79603
Prosperity Bank
JUDGE ELY BRANCH · 815 N Judge Ely Blvd · 79601
Prosperity Bank
BARROW STREET BRANCH · 1502 Barrow St · 79605
Western Bank
ABILENE BRANCH · 2550 Buffalo Gap Rd · 79605
Coleman County State Bank
COLEMAN COUNTY STATE BANK BRANCH · 836 E Ambler Ave · 79601
First Financial Bank
DETACHED DRIVE-IN FACILITY · 701 North Pine · 79601
Coleman County State Bank
COLEMAN COUNTY BRANCH · 4609 Southwest Dr · 79606
Prosperity Bank
CYPRESS STREET ABILENE · 402 Cypress St · 79601
First National Bank and Trust Company of Weatherford
ABILENE OFFICE BRANCH · 4201 Buffalo Gap Road · 79606
Clear Fork Bank, National Association
ABILENE OFFICE BRANCH · 5657 Buffalo Gap Rd · 79606
First National Bank and Trust Company of Weatherford
JUDGE ELY BRANCH · 966 N Judge Ely Blvd · 79601
First Financial Bank
ANTILLEY ROAD BRANCH · 1801 Antilley Rd · 79606
First Financial Bank
BUFFALO GAP ROAD MOTOR BRANCH · 4316 Buffalo Gap Rd · 79606
City Bank
ABILENE LPO BRANCH · 4601c Antilley Rd · 79606
Prosperity Bank
ANTILLEY ROAD BRANCH · 2001 Antilley Rd · 79606
First Financial Bank
First Financial Bank · 400 Pine St · 79601
JPMorgan Chase Bank, National Association
ABILENE BRANCH · 4304 S Clack St · 79606
Prosperity Bank
ABILENE SEASONAL RETIREMENT CENTER · 1600 Campus Ct · 79601

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)

ALLSUPS 187
Convenience Store · 802 Grape St
DK 43
Convenience Store · 4142 N Clack St
DK 022
Convenience Store · 1657 State Highway 351
DK 042
Convenience Store · 3151 Oldham Ln
DK 079
Convenience Store · 5150 US Highway 277 S
Nearest Snap · NameALLSUPS 187
Nearest Snap · Total In Area128

Sources: USDA SNAP API — state+city name match

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 · NameABILENE 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$115,590,662
Federal Spending · Per Capita5,878.59 (vs Texas $5,671)
Federal Spending · Population19,663 people (vs Texas 143,570)

Sources: USAspending API

Other

Job Training · Total count2
Pct Drove Alone78.2%
Pct Public Transit2.3%
Pct Walked8.4%
Retirement Score · Median age32.8 years (vs Texas 34.5y)
Retirement Score · Ss Household Pct27.2%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · AffordableYes
Retirement Score · Factorshospital access, VA nearby, affordable
Retirement Score · Ratinggood

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12