Black Forest, Colorado Income Statistics
Black Forest 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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A+
Black Forest Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Black Forest | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $146,894 | $95,803 | $80,455 |
| Median Personal Income | $102,710 | $68,113 | $60,758 |
| Average Yearly Income Growth | 3.8% | 5.4% | 4.8% |
| Six-Figure Earners | 28.7% | 18.1% | 13.9% |
| $200k+ Households | 34.0% | 17.0% | 13.2% |
The median household income in Black Forest is about 53% higher than in Colorado. Income has been growing slower in Black Forest (3.8%/yr) than in Colorado (5.4%/yr).
About 29% of adults in Black Forest 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 Black Forest, Colorado grew by 46.4% from 2009 to 2024, reaching $146,894 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Black Forest
| Metric | Black Forest | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.529 | 0.524 | 0.552 |
| Male Median Income | $124,142 | $78,863 | $69,667 |
| Female Median Income | $82,347 | $64,818 | $56,850 |
| Gender Pay Gap | 33.7% | 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 Black Forest, it is 0.529, higher than Colorado's 0.524, so income is less 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 51% more than women's income in Black Forest, Colorado. Over a 35-year career, a 51% wage gap accumulates to roughly $1,462,825 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Black Forest, Colorado has narrowed from about 43% to 34% in 2024. Over that period the gap was widest at 50% in 2012, and was narrowest at 32% in 2021. In dollar terms, the gap has widened by $7,183 since 2009.
Employment
| Metric | Black Forest | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.1% | 4.6% | 5.2% |
| Working from Home | 24.9% | 21.0% | 15.0% |
| Commute time (minutes) | 26 | 22 | 22 |
Approximately 431 people are unemployed in Black Forest, Colorado.
The average commute time in Black Forest is 26 minutes, longer than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Black Forest, Colorado has fallen from 6.2% to 4.1% in 2024. Over that period the rate peaked at 6.8% in 2014 and fell as low as 3.5% in 2018.
Conclusion
Considering all these factors, Black Forest, Colorado has an overall wealth index grade of A+, making it notably better than Colorado, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Black Forest, Colorado.
How Rich Is Black Forest, Colorado?
Black Forest has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $146,894, about 53% higher than the Colorado average of $95,803.
How has median household income changed in Black Forest, Colorado?
Between 2009 and 2024, the median household income in Black Forest, Colorado rose 46%, from $100,337 to $146,894. Over the same years, income here lagged behind Colorado as a whole: +46% against +70%.
What was the median household income in Black Forest in 2023?
In 2023, the median household income in Black Forest, Colorado was $148,276, up 7% from $138,344 in 2022. The Colorado median that year was $93,071.
What was the median household income in Black Forest in 2020?
In 2020, the median household income in Black Forest, Colorado was $123,249. By 2024 it had risen 19% to $146,894.
Is Black Forest, Colorado a high-income area?
Yes. 29% of adults in Black Forest, Colorado earn $100,000 or more a year (about 1 in 3), against 18% (about 1 in 6) in Colorado. 34% of households have a combined income of $200,000 or more, compared with 17% in Colorado.
What is the Gini coefficient in Black Forest, Colorado?
The Gini coefficient in Black Forest is 0.529. 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 Black Forest, Colorado?
Since 2009, the income gap between men and women in Black Forest, Colorado has narrowed from about 43% to 34% in 2024. Over that period the gap was widest at 50% in 2012, and was narrowest at 32% in 2021. In dollar terms, the gap has widened by $7,183 since 2009.
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