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Employment question

Is the job market stable in Bonham, TX?

A direct, data-backed answer using unemployment, workforce participation, earnings, and industry concentration signals where the public dataset supports it.

Employment and income stability

82

/ 100

V2 relative score

Higher scores indicate weaker job and income stability relative to the selected geography scope.

Direct answer

No. Job-market stability looks weaker here.

Bonham, TX has an employment and income stability risk score of 82, which is high relative to other city-level locations. Higher risk can reflect unemployment, volatility, softer participation, earnings pressure, or industry concentration. This answer uses city-level employment data for Bonham where the public dataset supports it.

Top drivers in this score

  • Employment rate (16+)

    38.3%

    Risk pressure percentile: 89

  • Labor force participation

    42.2%

    Risk pressure percentile: 88

  • Unemployment rate

    9.4%

    Risk pressure percentile: 86

How this compares

Relative risk score82.4
Median (city-level locations)49.1
Delta vs median+33.3

Approximate percentile: 82 of 100

Coverage and confidence

Scope usedCity-level (place)
Metric coverage5/7
ConfidenceModerate confidence

This score uses partial city-level metric coverage.

Key signals

  • Unemployment rate9.4%
  • Unemployment volatility (12-mo)Not available
  • Labor force participation42.2%
  • Employment rate (16+)38.3%
  • Median earnings (full-time, year-round)$33,142
  • Earnings trend (YoY)-4.2%
  • Industry concentration (HHI)Not available

Coverage: City-level (place) | Source: ACS 2023-2024 5-year | 2024

Why this matters

Employment stability affects financial risk because income shocks can make regular expenses harder to absorb. A higher score means the local labor and earnings signals show more instability relative to comparable places.

View full employment risk detail ->

Common follow-up questions

Is the job market stable in Bonham, TX?

Bonham, TX has an employment and income stability risk score of 82, which is high relative to other city-level locations. Higher risk can reflect unemployment, volatility, softer participation, earnings pressure, or industry concentration. This answer uses city-level employment data for Bonham where the public dataset supports it.

What employment data is used for Bonham?

FinancialRiskIQ uses public indicators such as unemployment rate, unemployment volatility, labor force participation, employment rate, median earnings, earnings trend, and industry concentration when available. The current answer uses city-level (place) data from ACS 2023-2024 5-year (2024).

Why does employment stability affect financial risk?

Less stable job and income conditions can make bills, savings, and debt payments harder to plan around. The score compares local labor and earnings signals against similar geography levels.