Gilpin County, Colorado Income Statistics
Gilpin 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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A
Gilpin County Above averageAmong the top 5 wealthiest counties in Colorado
Source: Map AI Methodology
Income Statistics Overview
| Metric | Gilpin County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $96,259 | $95,803 | $80,455 |
| Median Personal Income | $78,784 | $68,113 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.4% | 4.8% |
| Six-Figure Earners | 23.2% | 18.1% | 13.9% |
| $200k+ Households | 18.6% | 17.0% | 13.2% |
The median household income in Gilpin County is about the same as in Colorado. Income has been growing slower in Gilpin County (5.3%/yr) than in Colorado (5.4%/yr).
About 23% of adults in Gilpin County 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 Gilpin County, Colorado grew by 69.6% from 2009 to 2024, reaching $96,259 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Gilpin County
| Metric | Gilpin County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.491 | 0.524 | 0.552 |
| Male Median Income | $108,119 | $78,863 | $69,667 |
| Female Median Income | $60,216 | $64,818 | $56,850 |
| Gender Pay Gap | 44.3% | 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 Gilpin County, it is 0.491, 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 80% more than women's income in Gilpin County, Colorado. Over a 35-year career, a 80% wage gap accumulates to roughly $1,676,605 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gilpin County, Colorado has widened from about 17% to 44% in 2024. Over that period the gap was widest at 47% in 2023, and in 2013 women out-earned men by 5%. In dollar terms, the gap has widened by $39,686 since 2009.
Sharply against the trend: the pay gap in Gilpin County widened by 26.9 points while Colorado's narrowed by 3.6 points.
Employment
| Metric | Gilpin County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 4.6% | 5.2% |
| Working from Home | 15.7% | 21.0% | 15.0% |
| Commute time (minutes) | 31 | 22 | 22 |
Approximately 108 people are unemployed in Gilpin County, Colorado.
The average commute time in Gilpin County is 31 minutes, longer than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gilpin County, Colorado has fallen from 4.5% to 3.1% in 2024. Over that period the rate peaked at 6.4% in 2013 and fell as low as 1.5% in 2019.
Gilpin County, CO Wealth Compared With Nearby Counties
Gilpin County, CO is the smallest of the 6 counties compared here, 5,901 residents against a local median of 76,305. Gilpin County, CO's unemployment, at 3.1%, runs 35% below the 4.8% typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread 1.2% on unemployment, so Gilpin County, CO sits at one end of an already wide local range rather than apart from it. Gilpin County, CO has the lowest unemployment 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. |
|---|---|---|---|---|---|
| Gilpin County, CO | 5,901 | $96,259 #6/6 | 5.3%/yr #3/6 | 3.1% #1/6 | 0.491 #3/6 |
| Clear Creek County, CO | 9,259 | $96,277 | 4.6%/yr | 4.8% | 0.490 |
| Boulder County, CO | 328,961 | $104,963 | 4.8%/yr | 4.8% | 0.546 |
| Jefferson County, CO | 579,346 | $110,559 | 5.5%/yr | 3.9% | 0.496 |
| Broomfield County, CO | 76,305 | $123,906 | 5.0%/yr | 3.8% | 0.494 |
| Summit County, CO | 31,017 | $111,746 | 6.5%/yr | 5.0% | 0.470 |
Conclusion
Considering all these factors, Gilpin County, 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 Gilpin County, Colorado.
How Rich Is Gilpin County, Colorado?
Gilpin County 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 $96,259, close to the Colorado average of $95,803.
Are incomes growing in Gilpin County, Colorado?
Between 2009 and 2024, the median household income in Gilpin County, Colorado rose 70%, from $56,745 to $96,259. Over the same years, income here kept pace with Colorado as a whole: +70% against +70%.
What was the median household income in Gilpin County in 2023?
In 2023, the median household income in Gilpin County, Colorado was $91,597, down 2% from $93,496 in 2022. The Colorado median that year was $93,071.
What was the median household income in Gilpin County in 2020?
In 2020, the median household income in Gilpin County, Colorado was $91,345. By 2024 it had risen 5% to $96,259.
Is it hard to find a job in Gilpin County, Colorado?
Unemployment in Gilpin County, Colorado is only 3.1%, 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 Gilpin County, Colorado?
The Gini coefficient in Gilpin County is 0.491. 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 Gilpin County, Colorado?
Since 2009, the income gap between men and women in Gilpin County, Colorado has widened from about 17% to 44% in 2024. Over that period the gap was widest at 47% in 2023, and in 2013 women out-earned men by 5%. In dollar terms, the gap has widened by $39,686 since 2009.
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