Income & Economy in Gainesville city, TX (76240)
Median Income
$67,056
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,381
Wealth inflow
Population
29,271
Unemployment
5.3%
1.6pp above US avg
IRS migration statistics show a net inflow of about 1,381 for ZIP 76240 (Gainesville city, TX) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 76240 (2020–Present)
Since 2020, population grew 2.5%, median income rose 1.8% (inflation-adjusted), home values increased 15.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,056 |
| Unemployment | 5.3% |
| Establishments | 698 |
| Employees | 10,253 |