Places/TX/Midland County, TX
County profile

Midland County, TX

United States · GDP 2024
#141 of 3,127 US counties by GDP34th-percentile growthmore diversified than 75% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$41.5B
BEA · 2024
GDP growth (YoY)
+2.8%
BEA · 2024
Jobs tracked
100,915
Census CBP · 2023
Employers
6,096
Census CBP · 2023
Avg. wage
$92.6k
BLS QCEW · 2023
Population
187,855
Census PEP · 2025
Labor, income & education
Unemployment
3.6%
Median HH income
$92.9k±$5.2k
Bachelor's degree+
31.0%±1.8%
Poverty rate
11.3%±1.6%
Business applications
4,073 · 2025
Retail establishments
556
30.2/10k pop
Industry mix · employment
Mining & energy41%
Retail trade14%
Food & accommodation13%
Health care11%
Construction10%
Wholesale trade10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
187,855
residents · 2025 · +10.0% since 2020
Income per capita $146.4k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+3,076
International migration+5,703
Natural change+8,467

GDP trend

20192024 · nominal
$26.1B
2019
$19.6B
2020
$29.0B
2021
$40.3B
2022
$40.4B
2023
$41.5B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$312.7k±$9.8k
Median gross rent
$1.4k/mo±$50/mo
Vacancy rate
7.0%±1.0%
Affordability
3.4× wages
Residential permits
$297.5M
1,317 units · 7.0/1k pop
FEMA risk score
81.2
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Hail 98Winter weather 96Wildfire 93
FHFA HOUSE PRICE INDEX · 20162025
566
2016
596
2017
655
2018
710
2019
712
2020
730
2021
771
2022
812
2023
850
2024
882
2025
RESIDENTIAL PERMITS · 20212025
53% since 2021
858
2021
593
2022
805
2023
1,504
2024
1,317
2025

Transport access

BTS · FAA · USACE
Nearest interstate
12.2 km
I-20
Nearest freight rail
13.6 km
UP
Nearest port
593.6 km
Victoria, TX
Nearest commercial airport
18.1 km
MIDLAND INTL AIR AND SPACE PORT
Wage trend
BLS QCEW · 20192023
$92.6k
avg. annual pay · +18% since 2019
The read

What is the GDP of Midland?

Midland's economy produced $41.5B in 2024, growing 2.8% year over yearslower than 66% of US counties. Its largest employment sector is mining & energy.

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.