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State economy

Texas economy

Texas's unemployment rate was 4.4% in September 2026, unchanged from the month before and 4.3% a year earlier. That ranks 38 of 51 (1 = lowest); the national rate was 4.1%. Employers had 14.46 million jobs on their payrolls in September 2026, a gain of 154,300 (+1.1%) from a year earlier. Home prices (FHFA index) were +1.6% from a year earlier in Q2 2026. Median household income was $85,060 in 2025.

4.4%
unemployment rate
September 2026
Unemployment rate4.4%Rank 38 of 51 (1 = lowest)
10-year range3.4–12.8%Low May 2019 · high Apr 2020
Nonfarm jobs14.46M+1.1% in a year · rank 9
Home prices (FHFA)+1.6%1-year change · Q2 2026 · 5-yr +34%
Median household income$85,0602025 · rank 32 of 51

Texas: unemployment rate

Texas unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 4.4%; high 12.8% on Apr 1, 2020; low 3.4% on May 1, 2019.2%4%6%8%10%12%14%20082010201220142016201820202022202420264.4%High 12.8%Low 3.4%

Texas: jobs, change from a year earlier

Texas nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +1.1%; high +8.9% on Apr 1, 2021; low -9.7% on Apr 1, 2020.-10%-5%0%5%10%20052010201520202025+1.1%High +8.9%Low -9.7%

Texas: home prices, change from a year earlier

Texas FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +1.6%; high +23.7% on Apr 1, 2022; low -2.5% on Jan 1, 2010.-10%0%10%20%30%20052010201520202025+1.6%High +23.7%Low -2.5%

Texas: median household income

Texas median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $85,060; high $85,060 on Jul 1, 2025; low $23,020 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,0001990199520002005201020152020$85,060Low $23,020

Other states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).