Grand Junction, Colorado Income Statistics

Grand Junction 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.

  • C
    Grand Junction Below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Grand Junction Colorado Avg US Average
Median Household Income $67,597 $95,803 $80,455
Median Personal Income $54,406 $68,113 $60,758
Average Yearly Income Growth 5.4% 5.4% 4.8%
Six-Figure Earners 9.5% 18.1% 13.9%
$200k+ Households 6.9% 17.0% 13.2%

The median household income in Grand Junction is about 29% lower than in Colorado. Income has been growing faster in Grand Junction (5.4%/yr) than in Colorado (5.4%/yr).

About 9% of adults in Grand Junction 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

Grand Junction
United States

Median household income in Grand Junction, Colorado grew by 49.2% from 2009 to 2024, reaching $67,597 in 2024. That's an average of about 5.4% per year.

Grand Junction has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2010, at 10% lower. The gap has widened from 11% in 2009 to 16% in 2024.

Year Grand Junction United States

Income Distribution in Grand Junction

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Grand Junction
United States

Income range calculator

About 8,725 households (30.9% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 26.6% of households in Grand Junction had an income under $35,000 and 14.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Grand Junction has a larger share of households earning $50,000 to $74,999 (18.3% vs 15.5%) and a smaller share earning $200,000 or more (6.9% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 1,567 5.5% 5.1%
$10,000 to $14,999 1,221 4.3% 3.5%
$15,000 to $24,999 2,184 7.7% 6.4%
$25,000 to $34,999 2,538 9.0% 6.7%
$35,000 to $49,999 3,017 10.7% 10.1%
$50,000 to $74,999 5,184 18.3% 15.5%
$75,000 to $99,999 3,831 13.6% 12.6%
$100,000 to $149,999 4,640 16.4% 17.4%
$150,000 to $199,999 2,129 7.5% 9.5%
$200,000 or more 1,956 6.9% 13.2%

Shares are of all 28,266 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).

Income Inequality and the Gender Pay Gap in Grand Junction

Metric Grand Junction Colorado Avg US Average
Gini Coefficient 0.524 0.524 0.552
Male Median Income $62,815 $78,863 $69,667
Female Median Income $52,571 $64,818 $56,850
Gender Pay Gap 16.3% 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 Grand Junction, it is 0.524, 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 19% more than women's income in Grand Junction, Colorado. Over a 35-year career, a 19% wage gap accumulates to roughly $358,540 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Grand Junction, Colorado has narrowed from about 26% to 16% in 2024. Over that period the gap was widest at 28% in 2015, and was narrowest at 14% in 2021. In dollar terms, the gap has narrowed by $1,085 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Grand Junction Colorado Avg US Average
Unemployment Rate 5.2% 4.6% 5.2%
Working from Home 11.9% 21.0% 15.0%
Commute time (minutes) 13 22 22

Approximately 1,752 people are unemployed in Grand Junction, Colorado.

The average commute time in Grand Junction is 13 minutes, shorter than the 22 minutes in Colorado.

Unemployment Rate Over Time

Grand Junction
United States

Since 2011, the unemployment rate in Grand Junction, Colorado has fallen from 6.7% to 5.2% in 2024. Over that period the rate peaked at 9.4% in 2014 and fell as low as 5.1% in 2022.

Grand Junction was below the U.S. unemployment rate from 2011 to 2013, rose above it by 2014, peaking at 1.9 points higher in 2018, then fell back below it by 2022. In 2024 the two were level.

Year Grand Junction United States

Conclusion

Considering all these factors, Grand Junction, 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 Grand Junction, Colorado.

How Rich Is Grand Junction, Colorado?

Grand Junction 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 $67,597, about 29% lower than the Colorado average of $95,803.

How has median household income changed in Grand Junction, Colorado?

Between 2009 and 2024, the median household income in Grand Junction, Colorado rose 49%, from $45,292 to $67,597. Over the same years, income here lagged behind Colorado as a whole: +49% against +70%.

What was the median household income in Grand Junction in 2023?

In 2023, the median household income in Grand Junction, Colorado was $63,230, up 7% from $58,978 in 2022. The Colorado median that year was $93,071.

What was the median household income in Grand Junction in 2020?

In 2020, the median household income in Grand Junction, Colorado was $51,077. By 2024 it had risen 32% to $67,597.

What is the Gini coefficient in Grand Junction, Colorado?

The Gini coefficient in Grand Junction is 0.524. 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 Grand Junction, Colorado?

Since 2009, the income gap between men and women in Grand Junction, Colorado has narrowed from about 26% to 16% in 2024. Over that period the gap was widest at 28% in 2015, and was narrowest at 14% in 2021. In dollar terms, the gap has narrowed by $1,085 since 2009.

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