Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Brighton | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $100,640 | $93,055 | $78,145 |
| Median Personal Income | $100,640 | $93,055 | $78,145 |
| Average income growth | 6.8% | 6.8% | 6.8% |
The median household income in Brighton is about 8% higher than in Colorado. Income has been growing faster in Brighton (6.8%/yr) than in Colorado (5.8%/yr).
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Brighton, Colorado grew by 55.4% from 2009 to 2023, reaching $100,640 in 2023. That's an average of about 4.0% per year.
Economic Inequality in Brighton | Gender Pay Gap | Gini Coefficient
| Metric | Brighton | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.524 | 0.547 | 0.570 |
| Male Median Income | $70,466 | $75,396 | $67,746 |
| Female Median Income | $59,510 | $61,821 | $54,793 |
| Gender Pay Gap | 15.5% | 18.0% | 19.1% |
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 Brighton, it is 0.524, lower than Colorado's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 18% more than women's income in Brighton, Colorado.
Income by Sex Over Time
Since 2009, the income gap between men and women in Brighton, Colorado has narrowed from about 25% to 16% in 2023.
Employment
| Metric | Brighton | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 4.4% | 5.2% |
| Working from Home | 10.4% | 18.8% | 13.4% |
| Commute time (minutes) | 30 | 22 | 22 |
The average commute time in Brighton is 30 minutes, longer than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Brighton, Colorado has fallen from 7.5% to 4.4% in 2023.
Conclusion
Considering all these factors, Brighton, Colorado has an overall wealth index grade of B, making it about on par with Colorado, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Brighton, Colorado.
How Rich Is Brighton, Colorado?
Brighton 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 $100,640, about 8% higher than the Colorado average of $93,055.
What is the current median household income in Brighton, Colorado?
As of 2023, the median household income in Brighton, Colorado is $100,640.
What was the median household income in Brighton in 2023?
In 2023, the median household income in Brighton, Colorado was $100,640.
What was the median household income in Brighton in 2020?
In 2020, the median household income in Brighton, Colorado was $75,786.
What is the Gini coefficient in Brighton, Colorado?
The Gini coefficient in Brighton is 0.524. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Brighton, Colorado?
Since 2009, the income gap between men and women in Brighton, Colorado has narrowed from about 25% to 16% in 2023.