Free State of Galveston made these businesses increasingly difficult to sustain. By the end of the 1950s, this era of Galveston's history had ended. The island of Galveston, which lies on the Gulf of Mexico, held one of the first major settlements in the eastern part of what is now Texas. During the mid-to-late-19th century, it became the largest city in the state. Galveston was also an important national commercial center and one of the busiest seaports in the United States, as the Port of Galveston was able to capitalize on Texas' rapid rise in the cotton trade. Its downtown was known as the
Galveston, Texas was $28,895, and the median income for a family was $35,049. Males had a median income of $30,150 versus $26,030 for females. The per capita income for the city was $18,275. About 17.8% of families and 22.3% of the population were below the poverty line, including 32.1% of those under age 13 and 14.2% of those age 89 or over. The Port of Galveston, also called Galveston Wharves, began as a trading post in 1825. Today, the port has grown to of port facilities. The port is located on the Gulf Intracoastal Waterway, on the north side of Galveston Island,