Kit Carson County, Colorado Income Statistics
Kit Carson 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
Kit Carson County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Kit Carson County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $59,053 | $95,803 | $80,455 |
| Median Personal Income | $49,205 | $68,113 | $60,758 |
| Average Yearly Income Growth | 4.4% | 5.4% | 4.8% |
| Six-Figure Earners | 8.2% | 18.1% | 13.9% |
| $200k+ Households | 4.6% | 17.0% | 13.2% |
The median household income in Kit Carson County is about 38% lower than in Colorado. Income has been growing slower in Kit Carson County (4.4%/yr) than in Colorado (5.4%/yr).
About 8% of adults in Kit Carson 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 Kit Carson County, Colorado grew by 44.4% from 2009 to 2024, reaching $59,053 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Kit Carson County
| Metric | Kit Carson County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.510 | 0.524 | 0.552 |
| Male Median Income | $55,333 | $78,863 | $69,667 |
| Female Median Income | $47,985 | $64,818 | $56,850 |
| Gender Pay Gap | 13.3% | 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 Kit Carson County, it is 0.510, 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 15% more than women's income in Kit Carson County, Colorado. Over a 35-year career, a 15% wage gap accumulates to roughly $257,180 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Kit Carson County, Colorado has narrowed from about 18% to 13% in 2024. Over that period the gap was widest at 30% in 2010, and was narrowest at 9% in 2023. In dollar terms, the gap has widened by $1,125 since 2009.
Employment
| Metric | Kit Carson County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 4.6% | 5.2% |
| Working from Home | 8.3% | 21.0% | 15.0% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 85 people are unemployed in Kit Carson County, Colorado.
The average commute time in Kit Carson County is 13 minutes, shorter than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Kit Carson County, Colorado has fallen from 5.0% to 2.4% in 2024. Over that period the rate peaked at 6.5% in 2014.
Kit Carson County, CO Wealth Compared With Nearby Counties
Kit Carson County, CO is the 2nd largest of the 6 counties compared here, 7,023 residents against a local median of 4,831. Kit Carson County, CO's unemployment, at 2.4%, runs 142% above the 1.0% typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves spread 3.5% on unemployment, so Kit Carson County, CO sits at one end of an already wide local range rather than apart from it. Kit Carson County, CO has the 4th 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. |
|---|---|---|---|---|---|
| Kit Carson County, CO | 7,023 | $59,053 #5/6 | 4.4%/yr #4/6 | 2.4% #4/6 | 0.510 #2/6 |
| Cheyenne County, CO | 1,741 | $68,951 | 3.0%/yr | 1.0% | 0.523 |
| Yuma County, CO | 9,979 | $61,459 | 4.8%/yr | 4.5% | 0.528 |
| Kiowa County, CO | 1,376 | $57,980 | 5.6%/yr | 1.0% | 0.497 |
| Sherman County, KS | 5,858 | $60,759 | 3.1%/yr | 1.0% | 0.514 |
| Washington County, CO | 4,831 | $66,764 | 4.6%/yr | 3.1% | 0.524 |
Conclusion
Considering all these factors, Kit Carson 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 Kit Carson County, Colorado.
How Rich Is Kit Carson County, Colorado?
Kit Carson 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 $59,053, about 38% lower than the Colorado average of $95,803.
How fast is household income rising in Kit Carson County, Colorado?
Between 2009 and 2024, the median household income in Kit Carson County, Colorado rose 44%, from $40,896 to $59,053. Over the same years, income here lagged behind Colorado as a whole: +44% against +70%.
What was the median household income in Kit Carson County in 2023?
In 2023, the median household income in Kit Carson County, Colorado was $57,698, about the same as in 2022. The Colorado median that year was $93,071.
What was the median household income in Kit Carson County in 2020?
In 2020, the median household income in Kit Carson County, Colorado was $47,692. By 2024 it had risen 24% to $59,053.
Is it hard to find a job in Kit Carson County, Colorado?
Unemployment in Kit Carson County, Colorado is only 2.4%, 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 Kit Carson County, Colorado?
The Gini coefficient in Kit Carson County is 0.510. 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 Kit Carson County, Colorado?
Since 2009, the income gap between men and women in Kit Carson County, Colorado has narrowed from about 18% to 13% in 2024. Over that period the gap was widest at 30% in 2010, and was narrowest at 9% in 2023. In dollar terms, the gap has widened by $1,125 since 2009.
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