Arvada, Colorado Income Statistics
Arvada Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Arvada Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Arvada | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $112,422 | $95,803 | $80,455 |
| Median Personal Income | $75,431 | $68,113 | $60,758 |
| Average Yearly Income Growth | 6.2% | 5.4% | 4.8% |
| Six-Figure Earners | 21.5% | 18.1% | 13.9% |
| $200k+ Households | 19.8% | 17.0% | 13.2% |
The median household income in Arvada is about 17% higher than in Colorado. Income has been growing faster in Arvada (6.2%/yr) than in Colorado (5.4%/yr).
About 22% of adults in Arvada earn six figures ($100,000 or more) a year, higher than the Colorado average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Arvada, Colorado grew by 76.3% from 2009 to 2024, reaching $112,422 in 2024. That's an average of about 6.2% per year.
Arvada has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2010, at 23% higher. The gap has widened from 25% in 2009 to 40% in 2024.
Income Distribution in Arvada
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 24,688 households (55.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 11.3% of households in Arvada had an income under $35,000 and 35.4% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Arvada has a larger share of households earning $200,000 or more (19.8% vs 13.2%) and a smaller share earning $25,000 to $34,999 (3.3% vs 6.7%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,145 | 2.6% | 5.1% |
| $10,000 to $14,999 | 598 | 1.3% | 3.5% |
| $15,000 to $24,999 | 1,831 | 4.1% | 6.4% |
| $25,000 to $34,999 | 1,454 | 3.3% | 6.7% |
| $35,000 to $49,999 | 3,053 | 6.9% | 10.1% |
| $50,000 to $74,999 | 5,990 | 13.5% | 15.5% |
| $75,000 to $99,999 | 5,716 | 12.9% | 12.6% |
| $100,000 to $149,999 | 8,945 | 20.1% | 17.4% |
| $150,000 to $199,999 | 6,929 | 15.6% | 9.5% |
| $200,000 or more | 8,814 | 19.8% | 13.2% |
Shares are of all 44,475 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 19,677 residents (21.5% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 23.5% of residents who have any income.
In 2024, 8.3% of Arvada residents aged 15 and over reported no personal income, 21.0% had some income but less than $25,000, and 33.7% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Arvada has a larger share of residents earning $100,000 or more (21.5% vs 13.9%) and a smaller share with no personal income (8.3% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 7,595 | 8.3% | 12.8% |
| $1 to $9,999 | 7,652 | 8.4% | 11.2% |
| $10,000 to $14,999 | 4,520 | 4.9% | 7.0% |
| $15,000 to $24,999 | 7,034 | 7.7% | 10.5% |
| $25,000 to $34,999 | 6,831 | 7.5% | 9.5% |
| $35,000 to $49,999 | 10,990 | 12.0% | 12.6% |
| $50,000 to $74,999 | 15,999 | 17.5% | 14.3% |
| $75,000 to $99,999 | 11,077 | 12.1% | 8.2% |
| $100,000 or more | 19,677 | 21.5% | 13.9% |
Shares are of the 91,375 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 8.3% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Arvada
| Metric | Arvada | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.488 | 0.524 | 0.552 |
| Male Median Income | $88,454 | $78,863 | $69,667 |
| Female Median Income | $72,643 | $64,818 | $56,850 |
| Gender Pay Gap | 17.9% | 17.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Arvada, it is 0.488, lower than Colorado's 0.524, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 22% more than women's income in Arvada, Colorado. Over a 35-year career, a 22% wage gap accumulates to roughly $553,385 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Arvada, Colorado has narrowed from about 21% to 18% in 2024. Over that period the gap was widest at 22% in 2017. In dollar terms, the gap has widened by $4,511 since 2009.
Employment
| Metric | Arvada | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 4.6% | 5.2% |
| Working from Home | 23.7% | 21.0% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 2,373 people are unemployed in Arvada, Colorado.
The average commute time in Arvada is 23 minutes, longer than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Arvada, Colorado has fallen from 7.9% to 3.7% in 2024. Over that period the rate peaked at 8.1% in 2012.
Arvada has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. The gap has widened from 0.8 points in 2011, the closest it has been, to 1.5 points in 2024.
Arvada, CO Wealth Compared With Nearby Cities
How Arvada, CO compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Arvada, CO | 108,495 | $112,422 #1/3 | 6.2%/yr #2/3 | 3.7% #1/3 | 0.488 #1/3 |
| Wheat Ridge, CO | 34,150 | $89,776 | 7.6%/yr | 5.4% | 0.501 |
| Westminster, CO | 115,024 | $104,622 | 4.8%/yr | 3.7% | 0.490 |
Conclusion
Considering all these factors, Arvada, Colorado has an overall wealth index grade of B, making it somewhat better than Colorado, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Arvada, Colorado.
How Wealthy Is Arvada, Colorado?
Arvada has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $112,422, about 17% higher than the Colorado average of $95,803.
How fast is household income rising in Arvada, Colorado?
Between 2009 and 2024, the median household income in Arvada, Colorado rose 76%, from $63,779 to $112,422. Over the same years, income here outpaced Colorado as a whole: +76% against +70%.
What was the median household income in Arvada in 2023?
In 2023, the median household income in Arvada, Colorado was $107,882, up 6% from $101,469 in 2022. The Colorado median that year was $93,071.
What was the median household income in Arvada in 2020?
In 2020, the median household income in Arvada, Colorado was $88,985. By 2024 it had risen 26% to $112,422.
What is the Gini coefficient in Arvada, Colorado?
The Gini coefficient in Arvada is 0.488. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Arvada, Colorado?
Since 2009, the income gap between men and women in Arvada, Colorado has narrowed from about 21% to 18% in 2024. Over that period the gap was widest at 22% in 2017. In dollar terms, the gap has widened by $4,511 since 2009.
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