Centennial, Colorado Income Statistics
Updated
Centennial 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+
Centennial Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Centennial | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $132,160 | $95,803 | $80,455 |
| Median Personal Income | $90,336 | $68,113 | $60,758 |
| Average Yearly Income Growth | 4.0% | 5.4% | 4.8% |
| Six-Figure Earners | 28.1% | 18.1% | 13.9% |
| $200k+ Households | 29.1% | 17.0% | 13.2% |
The median household income in Centennial is about 38% higher than in Colorado. Income has been growing slower in Centennial (4.0%/yr) than in Colorado (5.4%/yr).
About 28% of adults in Centennial 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 Centennial, Colorado grew by 52.8% from 2009 to 2024, reaching $132,160 in 2024. That's an average of about 4.0% per year.
Centennial has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 69% in 2009 to 64% in 2024, the closest it has been.
Income Distribution in Centennial
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 27,676 households (63.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 7.9% of households in Centennial had an income under $35,000 and 43.6% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Centennial has a larger share of households earning $200,000 or more (29.1% vs 13.2%) and a smaller share earning $35,000 to $49,999 (5.0% vs 10.1%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 984 | 2.3% | 5.1% |
| $10,000 to $14,999 | 262 | 0.6% | 3.5% |
| $15,000 to $24,999 | 986 | 2.3% | 6.4% |
| $25,000 to $34,999 | 1,220 | 2.8% | 6.7% |
| $35,000 to $49,999 | 2,165 | 5.0% | 10.1% |
| $50,000 to $74,999 | 4,707 | 10.8% | 15.5% |
| $75,000 to $99,999 | 5,554 | 12.8% | 12.6% |
| $100,000 to $149,999 | 8,682 | 19.9% | 17.4% |
| $150,000 to $199,999 | 6,300 | 14.5% | 9.5% |
| $200,000 or more | 12,693 | 29.1% | 13.2% |
Shares are of all 43,555 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 25,651 residents (28.1% 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 30.8% of residents who have any income.
In 2024, 8.7% of Centennial residents aged 15 and over reported no personal income, 20.0% had some income but less than $25,000, and 40.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Centennial has a larger share of residents earning $100,000 or more (28.1% vs 13.9%) and a smaller share with no personal income (8.7% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 7,911 | 8.7% | 12.8% |
| $1 to $9,999 | 7,834 | 8.6% | 11.2% |
| $10,000 to $14,999 | 3,522 | 3.9% | 7.0% |
| $15,000 to $24,999 | 6,920 | 7.6% | 10.5% |
| $25,000 to $34,999 | 6,521 | 7.1% | 9.5% |
| $35,000 to $49,999 | 9,025 | 9.9% | 12.6% |
| $50,000 to $74,999 | 13,035 | 14.3% | 14.3% |
| $75,000 to $99,999 | 10,791 | 11.8% | 8.2% |
| $100,000 or more | 25,651 | 28.1% | 13.9% |
Shares are of the 91,210 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 8.7% 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 Centennial
| Metric | Centennial | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.489 | 0.524 | 0.552 |
| Male Median Income | $107,771 | $78,863 | $69,667 |
| Female Median Income | $84,152 | $64,818 | $56,850 |
| Gender Pay Gap | 21.9% | 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 Centennial, it is 0.489, 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 28% more than women's income in Centennial, Colorado. Over a 35-year career, a 28% wage gap accumulates to roughly $826,665 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Centennial, Colorado has narrowed from about 30% to 22% in 2024. Over that period the gap was narrowest at 21% in 2023. In dollar terms, the gap has widened by $2,384 since 2009.
Employment
| Metric | Centennial | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 4.6% | 5.2% |
| Working from Home | 27.1% | 21.0% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 2,701 people are unemployed in Centennial, Colorado.
The average commute time in Centennial is 22 minutes, about the same as in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Centennial, Colorado has fallen from 6.0% to 4.3% in 2024. Over that period the rate peaked at 6.4% in 2013 and fell as low as 3.1% in 2019.
Centennial 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 2.7 points in 2011 to 1.0 point in 2024, the closest it has been.
Conclusion
Considering all these factors, Centennial, 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 Centennial, Colorado.
How Rich Is Centennial, Colorado?
Centennial 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 $132,160, about 38% higher than the Colorado average of $95,803.
How has median household income changed in Centennial, Colorado?
Between 2009 and 2024, the median household income in Centennial, Colorado rose 53%, from $86,480 to $132,160. Over the same years, income here lagged behind Colorado as a whole: +53% against +70%.
What was the median household income in Centennial in 2023?
In 2023, the median household income in Centennial, Colorado was $128,547, up 3% from $124,624 in 2022. The Colorado median that year was $93,071.
What was the median household income in Centennial in 2020?
In 2020, the median household income in Centennial, Colorado was $110,825. By 2024 it had risen 19% to $132,160.
Is Centennial, Colorado a high-income area?
Yes. 28% of adults in Centennial, Colorado earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 6) in Colorado. 29% of households have a combined income of $200,000 or more, compared with 17% in Colorado.
What is the Gini coefficient in Centennial, Colorado?
The Gini coefficient in Centennial is 0.489. 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 Centennial, Colorado?
Since 2009, the income gap between men and women in Centennial, Colorado has narrowed from about 30% to 22% in 2024. Over that period the gap was narrowest at 21% in 2023. In dollar terms, the gap has widened by $2,384 since 2009.
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