Longmont, Colorado Income Statistics

Longmont 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.

  • B
    Longmont Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Longmont Colorado Avg US Average
Median Household Income $89,595 $95,803 $80,455
Median Personal Income $65,469 $68,113 $60,758
Average Yearly Income Growth 5.0% 5.4% 4.8%
Six-Figure Earners 15.3% 18.1% 13.9%
$200k+ Households 13.0% 17.0% 13.2%

The median household income in Longmont is about 6% lower than in Colorado. Income has been growing slower in Longmont (5.0%/yr) than in Colorado (5.4%/yr).

About 15% of adults in Longmont 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

Longmont
United States

Median household income in Longmont, Colorado grew by 58.6% from 2009 to 2024, reaching $89,595 in 2024. That's an average of about 5.0% per year.

Longmont has stayed above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2011, at 4.9% higher. The gap has held fairly steady over the period.

Year Longmont United States

Income Distribution in Longmont

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

Households by income, 2024

Longmont
United States

Income range calculator

About 15,040 households (43.8% of all households) have an income of $100,000 or more.

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

In 2024, 16.1% of households in Longmont had an income under $35,000 and 23.9% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Longmont has a larger share of households earning $100,000 to $149,999 (19.9% vs 17.4%) and a smaller share earning $25,000 to $34,999 (3.9% vs 6.7%).

Household income Households Share U.S. share
Under $10,000 1,416 4.1% 5.1%
$10,000 to $14,999 674 2.0% 3.5%
$15,000 to $24,999 2,074 6.0% 6.4%
$25,000 to $34,999 1,351 3.9% 6.7%
$35,000 to $49,999 3,039 8.8% 10.1%
$50,000 to $74,999 5,626 16.4% 15.5%
$75,000 to $99,999 5,133 14.9% 12.6%
$100,000 to $149,999 6,832 19.9% 17.4%
$150,000 to $199,999 3,747 10.9% 9.5%
$200,000 or more 4,461 13.0% 13.2%

Shares are of all 34,353 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 Longmont

Metric Longmont Colorado Avg US Average
Gini Coefficient 0.516 0.524 0.552
Male Median Income $72,926 $78,863 $69,667
Female Median Income $62,078 $64,818 $56,850
Gender Pay Gap 14.9% 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 Longmont, it is 0.516, 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 17% more than women's income in Longmont, Colorado. Over a 35-year career, a 17% wage gap accumulates to roughly $379,680 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 Longmont, Colorado has narrowed from about 25% to 15% in 2024. In dollar terms, the gap has narrowed by $2,149 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Longmont Colorado Avg US Average
Unemployment Rate 4.7% 4.6% 5.2%
Working from Home 21.6% 21.0% 15.0%
Commute time (minutes) 21 22 22

Approximately 2,192 people are unemployed in Longmont, Colorado.

The average commute time in Longmont is 21 minutes, shorter than the 22 minutes in Colorado.

Unemployment Rate Over Time

Longmont
United States

Since 2011, the unemployment rate in Longmont, Colorado has fallen from 7.4% to 4.7% in 2024. Over that period the rate peaked at 8.8% in 2013 and fell as low as 3.9% in 2022.

Longmont has been below the U.S. unemployment rate in most years since 2011, but rose above it in 2017-2018 (as much as 0.2 points higher). In 2024 its rate was 0.5 points lower.

Year Longmont United States

Longmont, CO Wealth Compared With Nearby Cities

How Longmont, CO compares with the 1 cities closest to it.

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.
Longmont, CO 81,268 $89,595 #2/2 5.0%/yr #2/2 4.7% #2/2 0.516 #2/2
Erie, CO 24,140 $171,687 6.4%/yr 3.6% 0.484

Conclusion

Considering all these factors, Longmont, Colorado has an overall wealth index grade of B, making it about on par with Colorado, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Longmont, Colorado.

How Rich Is Longmont, Colorado?

Longmont has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $89,595, about 6% lower than the Colorado average of $95,803.

How fast is household income rising in Longmont, Colorado?

Between 2009 and 2024, the median household income in Longmont, Colorado rose 59%, from $56,506 to $89,595. Over the same years, income here lagged behind Colorado as a whole: +59% against +70%.

What was the median household income in Longmont in 2023?

In 2023, the median household income in Longmont, Colorado was $88,743, about the same as in 2022. The Colorado median that year was $93,071.

What was the median household income in Longmont in 2020?

In 2020, the median household income in Longmont, Colorado was $76,492. By 2024 it had risen 17% to $89,595.

What is the Gini coefficient in Longmont, Colorado?

The Gini coefficient in Longmont is 0.516. 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 Longmont, Colorado?

Since 2009, the income gap between men and women in Longmont, Colorado has narrowed from about 25% to 15% in 2024. In dollar terms, the gap has narrowed by $2,149 since 2009.

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