What is the gross domestic product (GDP) in Castro County, TX?
Refreshed annually
About $844.7 million in 2024. Gross domestic product (GDP) measures the value of goods and services a country, state, or county produces — it's the sum of consumer spending, business investment, government spending, and net exports. It is often used to quantify the size of an economy. The $844.7 million is the "real GDP," which is adjusted to account for inflation to make it easier to compare the size of an economy over time.
$845M
Real GDP (2024)
+7.8%
Change in real GDP (2023 to 2024)
Changes in spending and investment cause the GDP to fluctuate.
As of 2024, real GDP was $844.7M in Castro County. This was 7.8% higher than in 2023.
Real GDP increased from 2023 to reach $844.7 million in 2024.
Real GDP in Castro County, TX, adjusted for inflation (chained 2017 dollars)
Which industry contributes the most to Castro County's GDP?
The GDP can also be broken down and compared across industries — useful, as different industries experience different economic pressures.
The agriculture, forestry, fishing and hunting industry contributed the most to the GDP of Castro County in 2024, generating a value of $566.3 million. It was followed by utilities ($88.7 million) and government and government enterprises ($39.9 million).
The utilities industry grew the most, with a 2024 GDP that was 544.2 times the 2014 GDP.
In 2024, the agriculture, forestry, fishing and hunting industry contributed the most to GDP in Castro County, TX.
Real gross domestic product by industry in Castro County, TX, chained 2017 dollars
What is Castro County's GDP per person?
Another way to understand a population's standard of living is by taking the GDP and dividing it by the total number of people in the population. This figure offers insight into the average economic output per individual. When the GDP per person goes up, it suggests that individuals are becoming wealthier and/or resources are being used more efficiently. This helps economists understand whether economic growth is outpacing population growth.
In 2024, GDP per person was $115,037, up 7% from 2023.
In 2024, real GDP was equivalent to $115,000 per person.
Real gross domestic product per person in Castro County, TX, chained 2017 dollars
GDP and the economic experience vary by location due to factors like cost of living, population density, workforce education, and the leading industries in the area.
In 2024, Castro County's real (that is, inflation-adjusted) GDP per person was 45th highest out of Texas's 254 counties. Counties with a similar standard of living include Dallas County (44th) and Scurry County (46th).
In 2024, Castro County, TX was ranked 45 in Texas for GDP per person.
Real gross domestic product per person in Texas by county
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
