Erie, Colorado Income Statistics
Updated
Erie 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+
Erie Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Erie | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $171,687 | $95,803 | $80,455 |
| Median Personal Income | $101,439 | $68,113 | $60,758 |
| Average Yearly Income Growth | 6.4% | 5.4% | 4.8% |
| Six-Figure Earners | 34.5% | 18.1% | 13.9% |
| $200k+ Households | 39.0% | 17.0% | 13.2% |
The median household income in Erie is about 79% higher than in Colorado. Income has been growing faster in Erie (6.4%/yr) than in Colorado (5.4%/yr).
About 34% of adults in Erie 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 Erie, Colorado grew by 82.8% from 2009 to 2024, reaching $171,687 in 2024. That's an average of about 6.4% per year.
Erie has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2010, its income was 81% higher. The gap has widened from 84% in 2009 to 113% in 2024.
Income Distribution in Erie
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 6,362 households (73.8% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 5.7% of households in Erie had an income under $35,000 and 58.4% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Erie has a larger share of households earning $200,000 or more (39.0% vs 13.2%) and a smaller share earning $35,000 to $49,999 (3.9% vs 10.1%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 50 | 0.6% | 5.1% |
| $10,000 to $14,999 | 13 | 0.1% | 3.5% |
| $15,000 to $24,999 | 206 | 2.4% | 6.4% |
| $25,000 to $34,999 | 224 | 2.6% | 6.7% |
| $35,000 to $49,999 | 332 | 3.9% | 10.1% |
| $50,000 to $74,999 | 819 | 9.5% | 15.5% |
| $75,000 to $99,999 | 619 | 7.2% | 12.6% |
| $100,000 to $149,999 | 1,326 | 15.4% | 17.4% |
| $150,000 to $199,999 | 1,669 | 19.3% | 9.5% |
| $200,000 or more | 3,368 | 39.0% | 13.2% |
Shares are of all 8,625 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 6,464 residents (34.5% 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 38.4% of residents who have any income.
In 2024, 10.3% of Erie residents aged 15 and over reported no personal income, 16.9% had some income but less than $25,000, and 45.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Erie has a larger share of residents earning $100,000 or more (34.5% vs 13.9%) and a smaller share earning $15,000 to $24,999 (5.4% vs 10.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 1,939 | 10.3% | 12.8% |
| $1 to $9,999 | 1,576 | 8.4% | 11.2% |
| $10,000 to $14,999 | 575 | 3.1% | 7.0% |
| $15,000 to $24,999 | 1,015 | 5.4% | 10.5% |
| $25,000 to $34,999 | 1,223 | 6.5% | 9.5% |
| $35,000 to $49,999 | 1,757 | 9.4% | 12.6% |
| $50,000 to $74,999 | 2,223 | 11.9% | 14.3% |
| $75,000 to $99,999 | 1,985 | 10.6% | 8.2% |
| $100,000 or more | 6,464 | 34.5% | 13.9% |
Shares are of the 18,756 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 10.3% 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 Erie
| Metric | Erie | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.484 | 0.524 | 0.552 |
| Male Median Income | $118,307 | $78,863 | $69,667 |
| Female Median Income | $91,844 | $64,818 | $56,850 |
| Gender Pay Gap | 22.4% | 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 Erie, it is 0.484, 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 29% more than women's income in Erie, Colorado. Over a 35-year career, a 29% wage gap accumulates to roughly $926,205 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Erie, Colorado has narrowed from about 24% to 22% in 2024. Over that period the gap was widest at 40% in 2020. In dollar terms, the gap has widened by $9,387 since 2009.
Employment
| Metric | Erie | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 4.6% | 5.2% |
| Working from Home | 33.1% | 21.0% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 495 people are unemployed in Erie, Colorado.
The average commute time in Erie is 23 minutes, longer than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Erie, Colorado has fallen from 4.0% to 3.6% in 2024. Over that period the rate peaked at 5.3% in 2020 and fell as low as 3.3% in 2016.
Erie has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2020, at 0.1 points lower. The gap has narrowed from 4.7 points in 2011 to 1.6 points in 2024.
Erie, CO Wealth Compared With Nearby Cities
How Erie, CO compares with the 1 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. |
|---|---|---|---|---|---|
| Erie, CO | 24,140 | $171,687 #1/2 | 6.4%/yr #1/2 | 3.6% #1/2 | 0.484 #1/2 |
| Broomfield, CO | 76,293 | $123,900 | 5.0%/yr | 3.8% | 0.494 |
Conclusion
Considering all these factors, Erie, 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 Erie, Colorado.
How Wealthy Is Erie, Colorado?
Erie 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 $171,687, about 79% higher than the Colorado average of $95,803.
How has median household income changed in Erie, Colorado?
Between 2009 and 2024, the median household income in Erie, Colorado rose 83%, from $93,914 to $171,687. Over the same years, income here outpaced Colorado as a whole: +83% against +70%.
What was the median household income in Erie in 2023?
In 2023, the median household income in Erie, Colorado was $162,357, up 10% from $148,189 in 2022. The Colorado median that year was $93,071.
What was the median household income in Erie in 2020?
In 2020, the median household income in Erie, Colorado was $119,808. By 2024 it had risen 43% to $171,687.
How many people earn six figures in Erie, Colorado?
Yes. 34% of adults in Erie, Colorado earn $100,000 or more a year (about 1 in 3), against 18% (about 1 in 6) in Colorado. 39% of households have a combined income of $200,000 or more, compared with 17% in Colorado.
What is the Gini coefficient in Erie, Colorado?
The Gini coefficient in Erie is 0.484. 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 Erie, Colorado?
Since 2009, the income gap between men and women in Erie, Colorado has narrowed from about 24% to 22% in 2024. Over that period the gap was widest at 40% in 2020. In dollar terms, the gap has widened by $9,387 since 2009.
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