Randall County, Texas

• Income near the national median: Median household income tracks the national median, indicating a broad-based consumer market.
• Cost of living stretches income further: Local prices run 8.2% below the national average, so the nominal median of $83,864 is worth $91,355 at national average prices. BEA publishes price parity at metro level, not county level.

• Largest private-sector industry: Retail Trade employs 6,682 workers (25.4% of tracked sectors), at an average wage of $39,230. Every industry figure on this page is private sector; government employs a further 5,426 and is counted separately.
• Economic scale: Regional GDP of $6.1B (2024).
• Wage stratification: Finance and Insurance averages $82,983 while Arts, Entertainment, and Recreation averages $18,793, a 4.4x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Animal Production and Aquaculture concentrates at 4.55x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
• Cluster depth: 14 sub-sectors register LQ ≥ 1.5, and no single source of demand accounts for more than 37.2% of the employment across them, the largest being resident household spending. Demand reaches this base from more than one market rather than from a single one.
• Attraction whitespace: 5 sub-sectors register LQ < 0.5 with at least 50 employed, candidates for diversification or recruitment depending on labor-market fit.

• Affordable market: Home value to income ratio of 2.8x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
• Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $53,410 can pay without cost burden (~$1,335/mo), and 41.4% of renter households are measured as cost-burdened.

• Healthy participation: 67% labor force participation reflects a steady, available local workforce.
• Short commutes: 19.9-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
• Talent pipeline: 1 institution in Randall County awards 2,402 credentials a year. Employers drawing from a wider labor shed should read this alongside institutions outside the county, which this page does not aggregate.

Randall County shows meaningful potential for animal production and aquaculture attraction, with a 4.55x concentration and 294 jobs in this sub-sector.

The concentrated base spans animal production and aquaculture, gasoline stations and fuel dealers, and merchant wholesalers, nondurable goods, and no single source of demand accounts for more than 37.2% of the employment across them, the largest being resident household spending. Supply-chain recruitment has more than one demand base to work from.