County profile
Hemphill County, TX
United States · GDP 2024
#2479 of 3,127 US counties by GDPbottom-decile growthmore diversified than 43% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$439.8M
BEA · 2024
GDP growth (YoY)
-14.3%
BEA · 2024
Jobs tracked
1,032
Census CBP · 2023
Employers
126
Census CBP · 2023
Avg. wage
$63.6k
BLS QCEW · 2023
Population
3,083
Census PEP · 2025
Labor, income & education
Unemployment
5.4%
Median HH income
$61.6k±$22.1k
Bachelor's degree+
21.9%±6.3%
Poverty rate
6.2%±3.2% · low reliability
Business applications
35 · 2025
Retail establishments
17
54.2/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Wholesale trade27%
Health care26%
Retail trade17%
Mining & energy15%
Food & accommodation9%
Other services5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
3,083
residents · 2025 · -8.4% since 2020
Income per capita $92.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−249
International migration+4
Natural change−39
GDP trend
2019–2024 · nominal
$558.0M2019
$364.0M2020
$544.7M2021
$655.1M2022
$513.5M2023
$439.8M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$205.7k±$20.0k
Median gross rent
$836/mo±$397/mo
Vacancy rate
16.3%±5.7%
Affordability
3.2× wages
Residential permits
$0
0 units · 0.0/1k pop
FEMA risk score
16.5
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Drought 90Wildfire 90Ice storm 59
FHFA HOUSE PRICE INDEX · 2013–2022
2132013
2042014
2212015
2102016
2322017
2172018
2312019
2232020
2682021
2412022
RESIDENTIAL PERMITS · 2021–2025
02021
02022
02023
02024
02025
Transport access
BTS · FAA · USACE
Nearest interstate
67.5 km
I-40
Nearest freight rail
12.3 km
BNSF
Nearest port
410.0 km
CATOOSA FERTILIZER CO DOCKS
Nearest commercial airport
146.9 km
RICK HUSBAND AMARILLO INTL
Wage trend
BLS QCEW · 2019–2023$63.6k
avg. annual pay · +2% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Hemphill?
Hemphill's economy produced $439.8M in 2024, contracting 14.3% year over year — among the slowest-growing US counties. Its largest employment sector is wholesale trade.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.