Lincoln County, Colorado Income Statistics
Lincoln 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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F
Lincoln County Well below averageAmong the 3 least wealthy counties in Colorado
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lincoln County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,757 | $95,803 | $80,455 |
| Median Personal Income | $47,520 | $68,113 | $60,758 |
| Average Yearly Income Growth | 5.7% | 5.4% | 4.8% |
| Six-Figure Earners | 5.7% | 18.1% | 13.9% |
| $200k+ Households | 5.5% | 17.0% | 13.2% |
The median household income in Lincoln County is about 37% lower than in Colorado. Income has been growing faster in Lincoln County (5.7%/yr) than in Colorado (5.4%/yr).
About 6% of adults in Lincoln 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 Lincoln County, Colorado grew by 53.8% from 2009 to 2024, reaching $60,757 in 2024. That's an average of about 5.7% per year.
Income Inequality and the Gender Pay Gap in Lincoln County
| Metric | Lincoln County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.598 | 0.524 | 0.552 |
| Male Median Income | $57,907 | $78,863 | $69,667 |
| Female Median Income | $45,294 | $64,818 | $56,850 |
| Gender Pay Gap | 21.8% | 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 Lincoln County, it is 0.598, higher than Colorado's 0.524, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 28% more than women's income in Lincoln County, Colorado. Over a 35-year career, a 28% wage gap accumulates to roughly $441,455 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lincoln County, Colorado has widened from about 19% to 22% in 2024. Over that period the gap was widest at 28% in 2014, and was narrowest at 11% in 2022. In dollar terms, the gap has widened by $5,970 since 2009.
Sharply against the trend: the pay gap in Lincoln County widened by 2.7 points while Colorado's narrowed by 3.6 points.
Employment
| Metric | Lincoln County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.4% | 4.6% | 5.2% |
| Working from Home | 10.7% | 21.0% | 15.0% |
| Commute time (minutes) | 11 | 22 | 22 |
Approximately 30 people are unemployed in Lincoln County, Colorado.
The average commute time in Lincoln County is 11 minutes, shorter than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lincoln County, Colorado has fallen from 8.7% to 1.4% in 2024.
Lincoln County, CO Wealth Compared With Nearby Counties
Lincoln County, CO is typical in size for this group, 5,550 residents against a local median of 5,647, so the measures below are close to a like for like comparison. The measure that sets Lincoln County, CO apart most is unemployment: 1.4%, 43% below the local median of 2.4%. That is the better end of the local range on this measure.
The counties themselves spread 2.9% on unemployment, so Lincoln County, CO sits at one end of an already wide local range rather than apart from it. Lincoln County, CO has the 3rd 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. |
|---|---|---|---|---|---|
| Lincoln County, CO | 5,550 | $60,757 #3/6 | 5.7%/yr #1/6 | 1.4% #3/6 | 0.598 #5/6 |
| Elbert County, CO | 27,839 | $130,488 | 5.0%/yr | 3.4% | 0.522 |
| Crowley County, CO | 5,647 | $47,960 | 5.6%/yr | 3.9% | 0.727 |
| Cheyenne County, CO | 1,741 | $68,951 | 3.0%/yr | 1.0% | 0.523 |
| Kiowa County, CO | 1,376 | $57,980 | 5.6%/yr | 1.0% | 0.497 |
| Kit Carson County, CO | 7,023 | $59,053 | 4.4%/yr | 2.4% | 0.510 |
Conclusion
Considering all these factors, Lincoln County, Colorado has an overall wealth index grade of F, making it worse than Colorado, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lincoln County, Colorado.
How Rich Is Lincoln County, Colorado?
Lincoln County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $60,757, about 37% lower than the Colorado average of $95,803.
How fast is household income rising in Lincoln County, Colorado?
Between 2009 and 2024, the median household income in Lincoln County, Colorado rose 54%, from $39,512 to $60,757. Over the same years, income here lagged behind Colorado as a whole: +54% against +70%.
What was the median household income in Lincoln County in 2023?
In 2023, the median household income in Lincoln County, Colorado was $56,511, down 4% from $59,082 in 2022. The Colorado median that year was $93,071.
What was the median household income in Lincoln County in 2020?
In 2020, the median household income in Lincoln County, Colorado was $47,150. By 2024 it had risen 29% to $60,757.
Is unemployment high in Lincoln County, Colorado?
Unemployment in Lincoln County, Colorado is only 1.4%, 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 Lincoln County, Colorado?
The Gini coefficient in Lincoln County is 0.598. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Lincoln County, Colorado?
Since 2009, the income gap between men and women in Lincoln County, Colorado has widened from about 19% to 22% in 2024. Over that period the gap was widest at 28% in 2014, and was narrowest at 11% in 2022. In dollar terms, the gap has widened by $5,970 since 2009.
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