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Economic Atlas
Places/TX/Midland
County profile

Midland

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
GDP growth
+2.8%
Jobs tracked
100,915
Employers
6,096
Avg. wage
$92.6k
Population
187,855
Labor & formation
Unemployment
3.1%
Median HH income
$92.9k±$5.2k
Business applications
4,073 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Diamondback Energy, Inc.Energy$15.0B63C2Permian Resources CorporationEnergy$5.1B63C3Kinetik Holdings Inc.Energy$1.8B56C4ProPetro Holding Corp.Energy$1.3B55C5Viper Energy, Inc.Energy$853.6M——6Natural Gas Services Group, Inc.Energy$172.3M67B7Dawson Geophysical CompanyEnergy$75.6M55C8AST SpaceMobile, Inc.Communication Services$70.9M53D9Mexco Energy CorporationEnergy$6.6M67B10New Era Energy & Digital, Inc.Energy$885.4k20D11Azure Holding Group Corp.Consumer Cyclical$8.9k——

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
Mining & energy41%
Retail trade14%
Food & accommodation13%
Health care11%
Construction10%
Wholesale trade10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
187,855
residents · 2025 · +10.0% since 2020
Income per capita $146.4k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+3,076
International migration+5,703
Natural change+8,467

GDP trend

2019–2024 · 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
1,317 (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 · 2016–2025
566
2016
596
2017
655
2018
710
2019
712
2020
730
2021
771
2022
812
2023
850
2024
882
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
Filing activity
SEC EDGAR

45 filings from 9 companies here in the last 90 days.

8-KNatural Gas Services Group, Inc.07-10
8-KNatural Gas Services Group, Inc.07-08
8-KNew Era Energy & Digital, Inc.07-06
8-KMexco Energy Corporation06-29
10-KMexco Energy Corporation06-29
8-KKinetik Holdings Inc.06-25
8-KNatural Gas Services Group, Inc.06-17
8-KNatural Gas Services Group, Inc.06-15
8-KDiamondback Energy, Inc.06-15
8-KAST SpaceMobile, Inc.06-15
Wage trend
BLS QCEW · 2019–2023
$92.6k
avg. annual pay · +18% since 2019
Similar US counties
nearest by GDP
Sedgwick$41.5BPulaski$41.4BSanta Barbara$41.4BWaukesha$42.0BBurlington$40.9BOnondaga$42.5B
The read

Midland's economy produced $41.5B in 2024, growing 2.8% year over year — slower 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.
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