The economy of Irving, TX employs 118,243 people. The economy of Irving, TX is specialized in Transportation & Warehousing; Admin., Support, Waste Management Services; and Management of Companies & Enterprises, which employ respectively 1.73; 1.56; and 1.56 times more people than what would be expected in a location of this size. The largest industries in Irving, TX are Retail trade (12,781), Professional, Scientific, Tech Services (11,369), and Accommodation & Food Service (11,024), and the highest paying industries are Management of Companies & Enterprises ($73,319), Professional, Scientific, Tech Services ($65,545), and Mining, Quarrying, Oil, Gas Extraction ($63,987).
Median household income in Irving, TX is $52,154. Males in Irving, TX have an average income that is 1.44 times higher than the average income of females, which is $44,197. The income inequality of Irving, TX (measured using the Gini index) is 0.49 which is higher than the national average.
The median property value in Irving, TX is $143,000, which is 0.74 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value increased from $138,900to $143,000, a 2.95% increase. The homeownership rate of Irving, TX is 37.9%, which is lower than the national average of 63.9%. People in Irving, TX have an average commute time of 22.6minutes, and they commute by Drove Alone. Car ownership in Irving, TX is approximately the same as the national average, with an average of 2 cars per household.