Montezuma County, Colorado Income Statistics
Montezuma 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
Montezuma County Below averageLess wealthy than 73% of counties in Colorado
Source: Map AI Methodology
Income Statistics Overview
| Metric | Montezuma County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,016 | $95,803 | $80,455 |
| Median Personal Income | $49,584 | $68,113 | $60,758 |
| Average Yearly Income Growth | 5.7% | 5.4% | 4.8% |
| Six-Figure Earners | 9.6% | 18.1% | 13.9% |
| $200k+ Households | 6.9% | 17.0% | 13.2% |
The median household income in Montezuma County is about 32% lower than in Colorado. Income has been growing faster in Montezuma County (5.7%/yr) than in Colorado (5.4%/yr).
About 10% of adults in Montezuma 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 Montezuma County, Colorado grew by 49.5% from 2009 to 2024, reaching $65,016 in 2024. That's an average of about 5.7% per year.
Income Inequality and the Gender Pay Gap in Montezuma County
| Metric | Montezuma County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.538 | 0.524 | 0.552 |
| Male Median Income | $54,496 | $78,863 | $69,667 |
| Female Median Income | $53,172 | $64,818 | $56,850 |
| Gender Pay Gap | 2.4% | 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 Montezuma County, it is 0.538, higher than Colorado's 0.524, so income is less 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 2% more than women's income in Montezuma County, Colorado. Over a 35-year career, a 2% wage gap accumulates to roughly $46,340 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Montezuma County, Colorado has narrowed from about 24% to 2% in 2024. Over that period the gap was widest at 34% in 2011. In dollar terms, the gap has narrowed by $8,176 since 2009.
Employment
| Metric | Montezuma County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 4.6% | 5.2% |
| Working from Home | 10.4% | 21.0% | 15.0% |
| Commute time (minutes) | 15 | 22 | 22 |
Approximately 457 people are unemployed in Montezuma County, Colorado.
The average commute time in Montezuma County is 15 minutes, shorter than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Montezuma County, Colorado has fallen from 10.0% to 3.9% in 2024. Over that period the rate peaked at 11.7% in 2013.
Montezuma County, CO Wealth Compared With Nearby Counties
Montezuma County, CO is the 3rd largest of the 6 counties compared here, 26,412 residents against a local median of 7,968. Montezuma County, CO's income growth, at 5.7%/yr, runs 40% above the 4.1%/yr typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread 7.5%/yr on income growth, so Montezuma County, CO sits at one end of an already wide local range rather than apart from it. Montezuma County, CO has the 3rd highest income growth 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. |
|---|---|---|---|---|---|
| Montezuma County, CO | 26,412 | $65,016 #5/6 | 5.7%/yr #3/6 | 3.9% #4/6 | 0.538 #5/6 |
| Dolores County, CO | 2,432 | $65,131 | 9.5%/yr | 2.5% | 0.521 |
| San Miguel County, CO | 7,968 | $78,996 | 4.0%/yr | 2.7% | 0.479 |
| La Plata County, CO | 56,331 | $85,775 | 4.1%/yr | 3.8% | 0.527 |
| San Juan County, NM | 121,321 | $56,522 | 2.0%/yr | 7.3% | 0.595 |
| San Juan County, CO | 724 | $76,167 | 7.7%/yr | 9.4% | 0.507 |
Conclusion
Considering all these factors, Montezuma 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 Montezuma County, Colorado.
How Rich Is Montezuma County, Colorado?
Montezuma 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 $65,016, about 32% lower than the Colorado average of $95,803.
Are incomes growing in Montezuma County, Colorado?
Between 2009 and 2024, the median household income in Montezuma County, Colorado rose 49%, from $43,495 to $65,016. Over the same years, income here lagged behind Colorado as a whole: +49% against +70%.
What was the median household income in Montezuma County in 2023?
In 2023, the median household income in Montezuma County, Colorado was $63,088, up 2% from $61,724 in 2022. The Colorado median that year was $93,071.
What was the median household income in Montezuma County in 2020?
In 2020, the median household income in Montezuma County, Colorado was $50,644. By 2024 it had risen 28% to $65,016.
What is the Gini coefficient in Montezuma County, Colorado?
The Gini coefficient in Montezuma County is 0.538. 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 Montezuma County, Colorado?
Since 2009, the income gap between men and women in Montezuma County, Colorado has narrowed from about 24% to 2% in 2024. Over that period the gap was widest at 34% in 2011. In dollar terms, the gap has narrowed by $8,176 since 2009.
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