About two in five people with a credit file in Floyd County, Texas, have unpaid debt sent to a collector
In Floyd County, 39.3% of people with a credit file had unpaid debt sent to a collector. That is higher than in 93% of U.S. counties.
More distressed than 77% of U.S. counties.
What drives Floyd County's score
In Floyd County, late payments on loans weigh most: the score for late payments on loans is 91.3. People with a car or retail loan behind: 12.8%, August 2025, higher than in 95% of U.S. counties. Income and the safety net comes next, at 82.7.
The County Distress Index looks at five parts of household money trouble in Floyd County: jobs, late payments on loans, income and the safety net, collections and bankruptcy, and housing costs. Each part is scored from 0 to 100, and a higher score means worse off than other counties.
Floyd County does better than most counties on two measures: bankruptcy filings per 100,000 people (39.3, 2025) and renters paying half their income or more in rent (11.9%, 2020 to 2024).
A longer bar means more trouble. See how the county score works.
- 91.3 of 100
Late payments
Biggest factorCredit records, August 2025; credit scores, second quarter of 2026
- People with a credit card behind8.1% · August 202585th percentile
- People with a car or retail loan behind12.8% · August 2025top 5%
- People with a subprime credit score58.0% · second quarter of 202693rd percentile
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- 82.7 of 100
Income and safety net
Poverty and income, 2024; disability and insurance, 2020–24 Census survey
- People below the poverty line17.3% · 202477th percentile
- Children below the poverty line30.1% · 202491st percentile
- People with a disability17.7% · 2020 to 202465th percentile
- People without health insurance23.3% · 2020 to 2024top 5%
- Median household income (lower income, longer bar)$54,212 · 202484th percentile
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- 66.2 of 100
Jobs
Unemployment through Sep 2026; adults not working, 2020–24 Census survey
- Unemployment rate, average over the latest year4.0% · Oct 2025 to Sep 202653rd percentile
- Adults 25 to 54 not working26.4% · 2020 to 202479th percentile
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- 49.4 of 100
Collections and bankruptcy
Credit records, August 2025; bankruptcy filings, 2025
- People with unpaid debt sent to a collector39.3% · August 202593rd percentile
- Bankruptcy filings per 100,000 people39.3 · 20255th percentile
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- 42.7 of 100
Housing costs
Renters, 2020–24 Census survey; HUD's fair market rents, fiscal year 2027
- Renters paying half their income or more in rent11.9% · 2020 to 202418th percentile
- Rent on a two-bedroom as a share of the median income22.5% · fiscal year 202766th percentile
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Sources: Urban Institute, Debt in America; Equifax via the St. Louis Fed; Administrative Office of the U.S. Courts, Table F-5A; U.S. Census Bureau, American Community Survey; U.S. Department of Housing and Urban Development Fair Market Rents and Census income; U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics; Census Bureau, Small Area Income and Poverty Estimates. County Distress Index by American Default Research, from data through Sep 2026.
Where the money in Floyd County comes from
Benefit checks are Social Security, Medicare and Medicaid paid on people's behalf, veterans' benefits, and food and income support, so a high share usually means an older population, low pay, or both. In Floyd County, 19.1% of residents are 65 or older (Census Bureau, 2024), against 17.2% nationally that year.
Cents of every dollar of income, 2024
Floyd County
Texas
United States
- Pay from work
- Investments and rent
- Benefit checks
In Floyd County, benefit checks' share of income has grown to about five times its 1969 level, but pay from work still brings in 37% more than benefit checks in 2024
In Floyd County, Texas, benefit checks' share of income grew to about five times its 1969 level by 2024, reaching 35.8%; pay from work is plotted alongside. Every fifth year and 2024 are shown.
- Benefit checks
- Pay from work
SNAP food aid is one of the benefit checks counted in the income totals above.
The share of households in Floyd County getting SNAP food aid fell to 12.9%, the lowest on the chart, with most of the change between 2016 and 2017
High on the chart: 22.1% in 2015. Households getting SNAP, every year; each bar is a five-year survey estimate ending that year, so neighboring bars share most of their data, Floyd County, Texas.
How Floyd County has changed
Floyd County's population had its largest drop, from 11,796 in 1969 to 10,137 in 1974.
Floyd County's population fell by more than half from 1969 to 2024, reaching 5,042, with no rise in any year shown
Smallest drop: 1994 to 1999, reaching 7,864. Residents, yearly estimate, every fifth year and 2024, Floyd County, Texas.
The number of jobs located in Floyd County had its largest drop, from 2,004 in 2005 to 1,783 in 2010.
The number of jobs located in Floyd County fell by about a third from 1990 to 2025, reaching 1,524
High on the chart: 2,297 in 1995. Yearly average of jobs covered by unemployment insurance, every fifth year and 2025, Floyd County, Texas.
| Measure | Then | Now |
|---|---|---|
| Unemployment rateBLS LAUS | 1990 3.9% | 2025 4.1% |
| People below the poverty lineCensus SAIPE | 1989 31.4% | 2024 17.3% |
| Median household incomeCensus SAIPE | 1989 $21,572 | 2024 $54,212 |
The table uses 4.1% for 2025; the score uses 4.0% for the latest year (Oct 2025 to Sep 2026), both from the U.S. Bureau of Labor Statistics.
Figures are as each agency published them, not adjusted for prices.
Dated events in Floyd County's history
1876
Floyd County was created in 1876 and organized in 1890. Wikipedia
1930
The county's largest recorded population was the 1930 Census count of 12,409. The 2020 Census counted 5,402, 44% of the peak. Census Bureau
1957
A tornado in May 1957 killed one person. NOAA Storm Events Database
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Since 1992
16 federal disaster and emergency declarations have covered Floyd County, 1 of them for flooding. FEMA
Floyd County beside its neighbors
Of the five counties that border Floyd County, three score higher. For the share of income from benefit checks, Floyd County ranks 3rd of the six; Crosby County is highest, at 42.1%.
| County | Score | Poverty | Benefit checks |
|---|---|---|---|
| Crosby County, TX | 87 | 21.2% | 42.1% |
| Hale County, TX | 87 | 18.6% | 29.0% |
| Swisher County, TX | 83 | 23.2% | 17.2% |
| Floyd County, TX | 77 | 17.3% | 35.8% |
| Motley County, TX | 76 | 19.4% | 36.3% |
| Briscoe County, TX | 55 | 14.7% | 27.6% |
Distress score: American Default Research, County Distress Index, data through Sep 2026; each county scored against all 3,144. Poverty rate: Census Bureau, Small Area Income and Poverty Estimates, 2024. Benefit checks: Bureau of Economic Analysis, 2024. Neighbors share a border, from Census county maps.
Is Floyd County the poorest county in Texas?
No, Floyd County's poverty rate was 17.3% in 2024, 68th highest of 254 in Texas (U.S. Census Bureau, Small Area Income and Poverty Estimates). By that measure the poorest county in the state is Starr County, at 35.4%. On our distress index, which counts more than poverty, Floyd County ranks 80th of 254 in the state.
If you're behind on your mortgage in Floyd County
Housing counselors approved by the U.S. Department of Housing and Urban Development work at nonprofit agencies. The Consumer Financial Protection Bureau describes free foreclosure-avoidance counseling, including help with mortgage-company conversations and available options Source CFPB.
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Legal Aid of NorthWest Texas
Legal aid
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HUD-approved housing counselors
Our help directory lists 1,010 agencies approved for foreclosure counseling, by state.
The score, its 14 measures and their sources, in one file. Free to use with credit to American Default Research.
Sources and method
- American Default Research · County Distress Index Data through Sep 2026, built from Urban Institute, Debt in America; Equifax via the St. Louis Fed; U.S. Courts, Table F-5A; Census Bureau, American Community Survey; HUD Fair Market Rents and Census income; Bureau of Labor Statistics, Local Area Unemployment Statistics; Census Bureau, Small Area Income and Poverty Estimates. The County Distress Index is American Default Research's own calculation; the Urban Institute does not produce or endorse it. Our methodology
- Urban Institute · Debt in America Breno Braga, Signe-Mary McKernan, Samantha Atherton, and Kassandra Martinchek, "Debt in America," last updated November 20, 2025, https://datacatalog.urban.org/dataset/debt-america-2025. Licensed under ODC-By 1.0.
- Rent on a two-bedroom and household income The rent share compares HUD fair market rent for fiscal year 2027 with Census Bureau median household income for 2024. The page calls this the typical household's income.
- U.S. Bureau of Economic Analysis, Regional Economic Accounts (CAINC4) · income shares Where the money in Floyd County comes from, 2024.
- History The agencies named in each row and the linked records above.