Hinsdale County, Colorado Income Statistics
Hinsdale 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
Hinsdale County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hinsdale County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $75,741 | $95,803 | $80,455 |
| Median Personal Income | $54,226 | $68,113 | $60,758 |
| Average Yearly Income Growth | 6.3% | 5.4% | 4.8% |
| Six-Figure Earners | 13.2% | 18.1% | 13.9% |
| $200k+ Households | 9.2% | 17.0% | 13.2% |
The median household income in Hinsdale County is about 21% lower than in Colorado. Income has been growing faster in Hinsdale County (6.3%/yr) than in Colorado (5.4%/yr).
About 13% of adults in Hinsdale 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 Hinsdale County, Colorado grew by 41.6% from 2009 to 2024, reaching $75,741 in 2024. That's an average of about 6.3% per year.
Income Inequality and the Gender Pay Gap in Hinsdale County
| Metric | Hinsdale County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.467 | 0.524 | 0.552 |
| Male Median Income | $62,757 | $78,863 | $69,667 |
| Female Median Income | $53,008 | $64,818 | $56,850 |
| Gender Pay Gap | 15.5% | 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 Hinsdale County, it is 0.467, 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 18% more than women's income in Hinsdale County, Colorado. Over a 35-year career, a 18% wage gap accumulates to roughly $341,215 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hinsdale County, Colorado has narrowed from about 30% to 16% in 2024. Over that period the gap was widest at 42% in 2010, and in 2017 women out-earned men by 18%. In dollar terms, the gap has narrowed by $433 since 2009.
Employment
| Metric | Hinsdale County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.0% | 4.6% | 5.2% |
| Working from Home | 30.5% | 21.0% | 15.0% |
| Commute time (minutes) | 6 | 22 | 22 |
The average commute time in Hinsdale County is 6 minutes, shorter than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hinsdale County, Colorado has fallen from 2.2% to 1.0% in 2024. Over that period the rate peaked at 5.2% in 2020.
Hinsdale County, CO Wealth Compared With Nearby Counties
Hinsdale County, CO is the 4th largest of the 6 counties compared here, 1,005 residents against a local median of 5,087. Hinsdale County, CO's unemployment, at 1.0%, runs 74% below the 3.8% typical of the counties around it. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 6.3%/yr against a local median of 4.4%/yr, 42% above it. Every measure here with a clear better direction points the same way, so Hinsdale County, CO is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 8.1% on unemployment, so Hinsdale County, CO sits at one end of an already wide local range rather than apart from it. Hinsdale 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. |
|---|---|---|---|---|---|
| Hinsdale County, CO | 1,005 | $75,741 #5/6 | 6.3%/yr #3/6 | 1.0% #1/6 | 0.467 #1/6 |
| San Juan County, CO | 724 | $76,167 | 7.7%/yr | 9.4% | 0.507 |
| Mineral County, CO | 729 | $58,181 | 2.4%/yr | 9.0% | 0.505 |
| Ouray County, CO | 5,087 | $90,204 | 4.4%/yr | 3.5% | 0.489 |
| Archuleta County, CO | 13,900 | $82,475 | 7.7%/yr | 1.3% | 0.532 |
| La Plata County, CO | 56,331 | $85,775 | 4.1%/yr | 3.8% | 0.527 |
Conclusion
Considering all these factors, Hinsdale 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 Hinsdale County, Colorado.
How Rich Is Hinsdale County, Colorado?
Hinsdale 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 $75,741, about 21% lower than the Colorado average of $95,803.
Are incomes growing in Hinsdale County, Colorado?
Between 2009 and 2024, the median household income in Hinsdale County, Colorado rose 42%, from $53,500 to $75,741. Over the same years, income here lagged behind Colorado as a whole: +42% against +70%.
What was the median household income in Hinsdale County in 2023?
In 2023, the median household income in Hinsdale County, Colorado was $68,289, up 22% from $56,136 in 2022. The Colorado median that year was $93,071.
What was the median household income in Hinsdale County in 2020?
In 2020, the median household income in Hinsdale County, Colorado was $39,568. By 2024 it had risen 91% to $75,741.
Is it hard to find a job in Hinsdale County, Colorado?
Unemployment in Hinsdale 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 Hinsdale County, Colorado?
The Gini coefficient in Hinsdale County is 0.467. 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 Hinsdale County, Colorado?
Since 2009, the income gap between men and women in Hinsdale County, Colorado has narrowed from about 30% to 16% in 2024. Over that period the gap was widest at 42% in 2010, and in 2017 women out-earned men by 18%. In dollar terms, the gap has narrowed by $433 since 2009.
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