Cheyenne County, Colorado Income Statistics
Cheyenne County Wealth Score
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.
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C
Cheyenne County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Cheyenne County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,951 | $95,803 | $80,455 |
| Median Personal Income | $50,834 | $68,113 | $60,758 |
| Average Yearly Income Growth | 3.0% | 5.4% | 4.8% |
| Six-Figure Earners | 13.2% | 18.1% | 13.9% |
| $200k+ Households | 7.1% | 17.0% | 13.2% |
The median household income in Cheyenne County is about 28% lower than in Colorado. Income has been growing slower in Cheyenne County (3.0%/yr) than in Colorado (5.4%/yr).
About 13% of adults in Cheyenne County earn six figures ($100,000 or more) a year, lower than the Colorado average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Cheyenne County, Colorado grew by 49.8% from 2009 to 2024, reaching $68,951 in 2024. That's an average of about 3.0% per year.
Income Inequality and the Gender Pay Gap in Cheyenne County
| Metric | Cheyenne County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.523 | 0.524 | 0.552 |
| Male Median Income | $57,426 | $78,863 | $69,667 |
| Female Median Income | $47,975 | $64,818 | $56,850 |
| Gender Pay Gap | 16.5% | 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 Cheyenne County, it is 0.523, about the same as Colorado's 0.524, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 20% more than women's income in Cheyenne County, Colorado. Over a 35-year career, a 20% wage gap accumulates to roughly $330,785 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Cheyenne County, Colorado has narrowed from about 35% to 16% in 2024. Over that period the gap was widest at 37% in 2019, and was narrowest at 4% in 2023. In dollar terms, the gap has narrowed by $7,029 since 2009.
Employment
| Metric | Cheyenne County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.0% | 4.6% | 5.2% |
| Working from Home | 12.1% | 21.0% | 15.0% |
| Commute time (minutes) | 7 | 22 | 22 |
Approximately 4 people are unemployed in Cheyenne County, Colorado.
The average commute time in Cheyenne County is 7 minutes, shorter than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Cheyenne County, Colorado has fallen from 5.5% to 1.0% in 2024. Over that period the rate peaked at 9.3% in 2015.
Cheyenne County, CO Wealth Compared With Nearby Counties
Cheyenne County, CO is the 3rd largest of the 6 counties compared here, 1,741 residents against a local median of 1,417. The measure that sets Cheyenne County, CO apart most is income growth: 3.0%/yr, 37% below the local median of 4.8%/yr. That is the weaker end of the local range on this measure.
Unemployment tells the same story from another angle: 1.0% against a local median of 1.3%, 25% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Cheyenne County, CO is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.8%/yr on income growth, so Cheyenne County, CO sits at one end of an already wide local range rather than apart from it. Cheyenne County, CO has the 6th highest income growth of the 6 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. |
|---|---|---|---|---|---|
| Cheyenne County, CO | 1,741 | $68,951 #2/6 | 3.0%/yr #6/6 | 1.0% #1/6 | 0.523 #5/6 |
| Kiowa County, CO | 1,376 | $57,980 | 5.6%/yr | 1.0% | 0.497 |
| Kit Carson County, CO | 7,023 | $59,053 | 4.4%/yr | 2.4% | 0.510 |
| Wallace County, KS | 1,417 | $63,022 | 4.8%/yr | 1.3% | 0.476 |
| Greeley County, KS | 1,304 | $78,836 | 6.5%/yr | 1.0% | 0.490 |
| Prowers County, CO | 11,910 | $54,516 | 3.7%/yr | 4.1% | 0.547 |
Conclusion
Considering all these factors, Cheyenne County, Colorado has an overall wealth index grade of C, making it somewhat worse than Colorado, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Cheyenne County, Colorado.
How Rich Is Cheyenne County, Colorado?
Cheyenne County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $68,951, about 28% lower than the Colorado average of $95,803.
How has median household income changed in Cheyenne County, Colorado?
Between 2009 and 2024, the median household income in Cheyenne County, Colorado rose 50%, from $46,029 to $68,951. Over the same years, income here lagged behind Colorado as a whole: +50% against +70%.
What was the median household income in Cheyenne County in 2023?
In 2023, the median household income in Cheyenne County, Colorado was $66,535, up 6% from $62,625 in 2022. The Colorado median that year was $93,071.
What was the median household income in Cheyenne County in 2020?
In 2020, the median household income in Cheyenne County, Colorado was $65,312. By 2024 it had risen 6% to $68,951.
Is unemployment high in Cheyenne County, Colorado?
Unemployment in Cheyenne County, Colorado is only 1.0%, well below the Colorado rate of 4.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Cheyenne County, Colorado?
The Gini coefficient in Cheyenne County is 0.523. 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 Cheyenne County, Colorado?
Since 2009, the income gap between men and women in Cheyenne County, Colorado has narrowed from about 35% to 16% in 2024. Over that period the gap was widest at 37% in 2019, and was narrowest at 4% in 2023. In dollar terms, the gap has narrowed by $7,029 since 2009.
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