By the numbers: Fort Bend County is richest Texas county

Pexels photo
Pexels photo

FORT BEND COUNTY, Texas – Fort Bend County was ranked the richest county in Texas in a Wall St. 24/7 analysis of the most affluent regions in all 50 states.

Median household income

Fort Bend recorded a median household income of $93,645 annually, based on 2017 U.S. Census Bureau data. That compares to a statewide median household income of $57,051 per year, according to the analysis.

Poverty rate

Fort Bend’s poverty rate was pegged at 8.1 percent, and its October 2018 jobless rate stood at 3.6 percent.

Where are the counties?

Each state’s richest jurisdiction has a median annual household income that outpaces the national average of $57,652, according to Wall St. 24/7. And in 43 states, the richest counties were located in metropolitan areas with high concentrations of well-paying jobs, the analysis concluded.

Do college degrees matter?

The percentage of those with bachelor’s degrees in the richest counties was higher than that of the state as a whole in 46 states, according to the study. The four exceptions involved the wealthiest counties in North Dakota, Wyoming, Nevada and Montana – all resource-rich regions.