Floyd County, Texas

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Below the state median: Median household income runs $20,014 (25.5%) under the Texas median, so statewide income averages overstate local household buying power.
• Elevated poverty: At 17.9%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
• Talent gap: Bachelor's-or-higher attainment trails the national average by 20.8 pts, relevant for advanced-services attraction strategy.

• Largest private-sector industry: Agriculture, Forestry, Fishing and Hunting employs 251 workers (38.1% of tracked sectors), at an average wage of $43,340. Every industry figure on this page is private sector; government employs a further 512 and is counted separately.
• Economic scale: Regional GDP of $388M (2024).

• Top specialization: Crop Production concentrates at 34.83x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 12 sub-sectors register LQ ≥ 1.5, and no single source of demand accounts for more than 44.7% of the employment across them, the largest being resource and agricultural commodities. Demand reaches this base from more than one market rather than from a single one.

• Affordable market: Home value to income ratio of 1.5x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
• High home ownership: 73.3% owner-occupied; rental supply may be tight for incoming workers.
• Elevated vacancy: 24.7% of housing units are vacant, above the Texas rate of 9.4%, and up from 23.6% in 2019.
• Vacancy composition: the largest vacancy category is other vacant at 69.4% of vacant units, with seasonal and recreational use at 8.1%.
• Genuinely available supply: units listed for rent or for sale are 18.3% of the vacant stock, or 4.5% of all housing units against the 24.7% headline vacancy rate. That is the figure to plan an incoming employer's housing against, and the gap between the two is the redevelopment and conversion opportunity.
• Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $41,961 can pay without cost burden (~$1,049/mo), and 27.2% of renter households are measured as cost-burdened.

• Healthy participation: 60.6% labor force participation reflects a steady, available local workforce.
• Talent pipeline: no college, university, or technical school is located in Floyd County per the IPEDS institutional directory, so any training pipeline serving it runs through institutions outside the county.

Floyd County shows strong potential for crop production attraction, with a 34.83x concentration and 135 jobs in this sub-sector. It ranks in the top decile nationally.

The concentrated base spans crop production, support activities for agriculture and forestry, and animal production and aquaculture, and no single source of demand accounts for more than 44.7% of the employment across them, the largest being resource and agricultural commodities. Supply-chain recruitment has more than one demand base to work from.