Broomfield, Colorado Income Statistics

Updated

Broomfield 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.

  • A
    Broomfield Above average

Source: Map AI Methodology

Income Statistics Overview

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Metric Broomfield Colorado Avg US Average
Median Household Income $123,900 $95,803 $80,455
Median Personal Income $86,811 $68,113 $60,758
Average Yearly Income Growth 5.0% 5.4% 4.8%
Six-Figure Earners 26.2% 18.1% 13.9%
$200k+ Households 25.8% 17.0% 13.2%

The median household income in Broomfield is about 29% higher than in Colorado. Income has been growing slower in Broomfield (5.0%/yr) than in Colorado (5.4%/yr).

About 26% of adults in Broomfield 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

Broomfield
United States

Median household income in Broomfield, Colorado grew by 49.2% from 2009 to 2024, reaching $123,900 in 2024. That's an average of about 5.0% per year.

Broomfield has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2011, its income was 46% higher. The gap has narrowed from 62% in 2009 to 54% in 2024.

Year Broomfield United States

Income Distribution in Broomfield

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Broomfield
United States

Income range calculator

About 19,190 households (60.4% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 9.7% of households in Broomfield had an income under $35,000 and 40.3% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Broomfield has a larger share of households earning $200,000 or more (25.8% vs 13.2%) and a smaller share earning $50,000 to $74,999 (10.6% vs 15.5%).

Household income Households Share U.S. share
Under $10,000 835 2.6% 5.1%
$10,000 to $14,999 445 1.4% 3.5%
$15,000 to $24,999 637 2.0% 6.4%
$25,000 to $34,999 1,168 3.7% 6.7%
$35,000 to $49,999 1,789 5.6% 10.1%
$50,000 to $74,999 3,374 10.6% 15.5%
$75,000 to $99,999 4,314 13.6% 12.6%
$100,000 to $149,999 6,389 20.1% 17.4%
$150,000 to $199,999 4,594 14.5% 9.5%
$200,000 or more 8,207 25.8% 13.2%

Shares are of all 31,751 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).

Income Inequality and the Gender Pay Gap in Broomfield

Metric Broomfield Colorado Avg US Average
Gini Coefficient 0.494 0.524 0.552
Male Median Income $102,264 $78,863 $69,667
Female Median Income $78,454 $64,818 $56,850
Gender Pay Gap 23.3% 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 Broomfield, it is 0.494, 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 30% more than women's income in Broomfield, Colorado. Over a 35-year career, a 30% wage gap accumulates to roughly $833,350 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Broomfield, Colorado has narrowed from about 26% to 23% in 2024. Over that period the gap was widest at 32% in 2010, and was narrowest at 20% in 2018. In dollar terms, the gap has widened by $7,651 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Broomfield Colorado Avg US Average
Unemployment Rate 3.8% 4.6% 5.2%
Working from Home 29.9% 21.0% 15.0%
Commute time (minutes) 22 22 22

Approximately 1,681 people are unemployed in Broomfield, Colorado.

The average commute time in Broomfield is 22 minutes, about the same as in Colorado.

Unemployment Rate Over Time

Broomfield
United States

Since 2011, the unemployment rate in Broomfield, Colorado has fallen from 6.5% to 3.8% in 2024. Over that period the rate fell as low as 3.2% in 2019.

Broomfield 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 narrowed from 2.2 points in 2011 to 1.5 points in 2024, the closest it has been.

Year Broomfield United States

Broomfield, CO Wealth Compared With Nearby Cities

Broomfield, CO is the 2nd largest of the 4 cities compared here, 76,293 residents against a local median of 36,757. Where Broomfield, CO breaks from the cities next to it is median household income, sitting 18% above the local median of $104,622 at $123,900. That is the better end of the local range on this measure.

The cities themselves spread $87,634 on median household income, so Broomfield, CO sits at one end of an already wide local range rather than apart from it. Broomfield, CO has the 2nd highest median household income of the 4 areas compared here.

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.
Broomfield, CO 76,293 $123,900 #2/4 5.0%/yr #2/4 3.8% #3/4 0.494 #3/4
Westminster, CO 115,024 $104,622 4.8%/yr 3.7% 0.490
Northglenn, CO 36,757 $84,054 4.9%/yr 4.0% 0.503
Erie, CO 24,140 $171,687 6.4%/yr 3.6% 0.484

Conclusion

Considering all these factors, Broomfield, Colorado has an overall wealth index grade of A, making it somewhat better than Colorado, and notably better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Broomfield, Colorado.

How Rich Is Broomfield, Colorado?

Broomfield 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 residents are much better off than the U.S. average. The median household income is $123,900, about 29% higher than the Colorado average of $95,803.

How has median household income changed in Broomfield, Colorado?

Between 2009 and 2024, the median household income in Broomfield, Colorado rose 49%, from $83,034 to $123,900. Over the same years, income here lagged behind Colorado as a whole: +49% against +70%.

What was the median household income in Broomfield in 2023?

In 2023, the median household income in Broomfield, Colorado was $120,846, up 2% from $118,287 in 2022. The Colorado median that year was $93,071.

What was the median household income in Broomfield in 2020?

In 2020, the median household income in Broomfield, Colorado was $101,793. By 2024 it had risen 22% to $123,900.

How many people earn six figures in Broomfield, Colorado?

Yes. 26% of adults in Broomfield, Colorado earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 6) in Colorado. 26% of households have a combined income of $200,000 or more, compared with 17% in Colorado.

What is the Gini coefficient in Broomfield, Colorado?

The Gini coefficient in Broomfield is 0.494. 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 Broomfield, Colorado?

Since 2009, the income gap between men and women in Broomfield, Colorado has narrowed from about 26% to 23% in 2024. Over that period the gap was widest at 32% in 2010, and was narrowest at 20% in 2018. In dollar terms, the gap has widened by $7,651 since 2009.

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