Author: Krystal Woolley
January 15, 2025
Hood County, Texas, offers a unique blend of small-town charm, top-rated schools, a thriving tourism atmosphere, and a strong retirement community with 12+ 55+ neighborhoods. But what is it like to work and live here? Let’s dive into the key facts about Hood County’s population, income, and employment statistics to understand the financial dynamics of this growing area.
The Hood County Court house is located in Granbury, Texas, the county seat. Photograph by Michael Barera.
Income and Employment Statistics in Hood County, TX
- Median Household Income: The median household income in Hood County in 2022 was $80,013.
- Income Ranges: Most households earned between $75,000 and $100,000.
- Average Hourly Wage in Texas: As of January 2025, the average hourly pay in Texas was $24.99, while in Granbury, it was $23.00 ($47,840 annual salary).
Cost of Living in Hood County
- Housing Costs: Renting a small apartment in Hood County costs around $1,387/month, while renting a house averages $1,800/month.
- Child Care Costs: Families spend an average of $2,114/month on child care in Hood County.
- Health Insurance Costs: The average cost of employer-sponsored health insurance for employees and their families is $21,281 annually, or $1,773.42 per month. Texas employers with 50+ full-time employees are required to cover at least 50% of the lowest-priced health insurance premium for employees, but they are not required to contribute to family coverage.
Improving Employment Opportunities in Hood County
Hood County is a great place to live, but rising costs in housing, child care, and health insurance make it challenging for many residents. With wages stagnating, many may need to commute to the DFW metroplex for higher-paying jobs. To support local growth, it’s essential to bring in more employers that offer competitive wages and better benefits, such as dependent care support for employees.
Why Hood County is Still a Desirable Place to Live
Despite the financial challenges, Hood County remains an attractive place to call home. Its excellent schools, vibrant tourism opportunities, and close-knit community make it a great choice for families and retirees alike. However, boosting local employment opportunities is key to keeping residents working closer to home and maintaining the area’s appeal.
Whether you’re considering moving to Hood County or already live in the area, understanding these costs and employment trends is vital for making informed decisions. Stay tuned for more insights on what makes Hood County, TX, a unique place to live and work!
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