Denver, Colorado Income Statistics
Updated
Denver 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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B
Denver Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Denver | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $94,979 | $95,803 | $80,455 |
| Median Personal Income | $73,535 | $68,113 | $60,758 |
| Average Yearly Income Growth | 6.7% | 5.4% | 4.8% |
| Six-Figure Earners | 22.8% | 18.1% | 13.9% |
| $200k+ Households | 18.9% | 17.0% | 13.2% |
The median household income in Denver is about 1% lower than in Colorado. Income has been growing faster in Denver (6.7%/yr) than in Colorado (5.4%/yr).
About 23% of adults in Denver 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 Denver, Colorado grew by 109.1% from 2009 to 2024, reaching $94,979 in 2024. That's an average of about 6.7% per year.
Denver started 11% below the U.S. median household income in 2009 but had overtaken it by 2015, and has not been below it since. In 2024 its income was 18% higher.
Income Distribution in Denver
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 159,234 households (47.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 17.7% of households in Denver had an income under $35,000 and 30.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Denver has a larger share of households earning $200,000 or more (18.9% vs 13.2%) and a smaller share earning $35,000 to $49,999 (8.0% vs 10.1%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 15,311 | 4.6% | 5.1% |
| $10,000 to $14,999 | 10,173 | 3.0% | 3.5% |
| $15,000 to $24,999 | 17,047 | 5.1% | 6.4% |
| $25,000 to $34,999 | 16,761 | 5.0% | 6.7% |
| $35,000 to $49,999 | 26,880 | 8.0% | 10.1% |
| $50,000 to $74,999 | 48,228 | 14.4% | 15.5% |
| $75,000 to $99,999 | 41,503 | 12.4% | 12.6% |
| $100,000 to $149,999 | 58,769 | 17.5% | 17.4% |
| $150,000 to $199,999 | 37,069 | 11.1% | 9.5% |
| $200,000 or more | 63,396 | 18.9% | 13.2% |
Shares are of all 335,137 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 138,780 residents (22.8% 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 25.1% of residents who have any income.
In 2024, 9.3% of Denver residents aged 15 and over reported no personal income, 21.1% had some income but less than $25,000, and 33.7% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Denver has a larger share of residents earning $100,000 or more (22.8% vs 13.9%) and a smaller share with no personal income (9.3% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 56,391 | 9.3% | 12.8% |
| $1 to $9,999 | 51,033 | 8.4% | 11.2% |
| $10,000 to $14,999 | 29,613 | 4.9% | 7.0% |
| $15,000 to $24,999 | 47,785 | 7.8% | 10.5% |
| $25,000 to $34,999 | 47,262 | 7.8% | 9.5% |
| $35,000 to $49,999 | 69,027 | 11.3% | 12.6% |
| $50,000 to $74,999 | 103,006 | 16.9% | 14.3% |
| $75,000 to $99,999 | 66,471 | 10.9% | 8.2% |
| $100,000 or more | 138,780 | 22.8% | 13.9% |
Shares are of the 609,369 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 9.3% 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 Denver
| Metric | Denver | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.498 | 0.524 | 0.552 |
| Male Median Income | $84,260 | $78,863 | $69,667 |
| Female Median Income | $73,912 | $64,818 | $56,850 |
| Gender Pay Gap | 12.3% | 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 Denver, it is 0.498, 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 14% more than women's income in Denver, Colorado. Over a 35-year career, a 14% wage gap accumulates to roughly $362,180 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Denver, Colorado has widened from about 7% to 12% in 2024. Over that period the gap was widest at 14% in 2021. In dollar terms, the gap has widened by $7,465 since 2009.
Sharply against the trend: the pay gap in Denver widened by 5.5 points while Colorado's narrowed by 3.6 points.
Employment
| Metric | Denver | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 4.6% | 5.2% |
| Working from Home | 27.3% | 21.0% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 21,842 people are unemployed in Denver, Colorado.
The average commute time in Denver is 22 minutes, about the same as in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Denver, Colorado has fallen from 8.3% to 4.9% in 2024. Over that period the rate peaked at 8.7% in 2013 and fell as low as 3.7% in 2019.
Denver has stayed below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2024, at 0.4 points lower. The gap has held fairly steady over the period.
Denver, CO Wealth Compared With Nearby Cities
How Denver, CO compares with the 2 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Denver, CO | 718,150 | $94,979 #2/3 | 6.7%/yr #2/3 | 4.9% #3/3 | 0.498 #1/3 |
| Four Square Mile, CO | 22,650 | $81,283 | 5.9%/yr | 3.9% | 0.510 |
| Commerce City, CO | 65,816 | $111,106 | 7.3%/yr | 4.5% | 0.521 |
Conclusion
Considering all these factors, Denver, Colorado has an overall wealth index grade of B, making it somewhat better than Colorado, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Denver, Colorado.
How Rich Is Denver, Colorado?
Denver 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 $94,979, about 1% lower than the Colorado average of $95,803.
How has median household income changed in Denver, Colorado?
Between 2009 and 2024, the median household income in Denver, Colorado rose 109%, from $45,434 to $94,979. Over the same years, income here outpaced Colorado as a whole: +109% against +70%.
What was the median household income in Denver in 2023?
In 2023, the median household income in Denver, Colorado was $92,600, up 6% from $87,189 in 2022. The Colorado median that year was $93,071.
What was the median household income in Denver in 2020?
In 2020, the median household income in Denver, Colorado was $73,098. By 2024 it had risen 30% to $94,979.
What is the Gini coefficient in Denver, Colorado?
The Gini coefficient in Denver is 0.498. 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 Denver, Colorado?
Since 2009, the income gap between men and women in Denver, Colorado has widened from about 7% to 12% in 2024. Over that period the gap was widest at 14% in 2021. In dollar terms, the gap has widened by $7,465 since 2009.
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