Montrose County, Colorado Income Statistics
Montrose 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
Montrose County Below averageLess wealthy than 71% of counties in Colorado
Source: Map AI Methodology
Income Statistics Overview
| Metric | Montrose County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,739 | $95,803 | $80,455 |
| Median Personal Income | $52,089 | $68,113 | $60,758 |
| Average Yearly Income Growth | 6.1% | 5.4% | 4.8% |
| Six-Figure Earners | 9.9% | 18.1% | 13.9% |
| $200k+ Households | 8.0% | 17.0% | 13.2% |
The median household income in Montrose County is about 26% lower than in Colorado. Income has been growing faster in Montrose County (6.1%/yr) than in Colorado (5.4%/yr).
About 10% of adults in Montrose 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 Montrose County, Colorado grew by 57.5% from 2009 to 2024, reaching $70,739 in 2024. That's an average of about 6.1% per year.
Income Inequality and the Gender Pay Gap in Montrose County
| Metric | Montrose County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.529 | 0.524 | 0.552 |
| Male Median Income | $60,961 | $78,863 | $69,667 |
| Female Median Income | $51,321 | $64,818 | $56,850 |
| Gender Pay Gap | 15.8% | 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 Montrose County, it is 0.529, about the same as Colorado's 0.524, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 19% more than women's income in Montrose County, Colorado. Over a 35-year career, a 19% wage gap accumulates to roughly $337,400 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Montrose County, Colorado has narrowed from about 26% to 16% in 2024. Over that period the gap was widest at 28% in 2020. In dollar terms, the gap has narrowed by $1,499 since 2009.
Employment
| Metric | Montrose County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 4.6% | 5.2% |
| Working from Home | 11.5% | 21.0% | 15.0% |
| Commute time (minutes) | 15 | 22 | 22 |
Approximately 908 people are unemployed in Montrose County, Colorado.
The average commute time in Montrose County is 15 minutes, shorter than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Montrose County, Colorado has fallen from 9.1% to 4.4% in 2024. Over that period the rate peaked at 11.0% in 2013 and fell as low as 4.2% in 2023.
Montrose County, CO Wealth Compared With Nearby Counties
Montrose County, CO is the 2nd largest of the 6 counties compared here, 43,807 residents against a local median of 7,968. Montrose County, CO's unemployment, at 4.4%, runs 39% above the 3.2% typical of the counties around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 6.1%/yr against a local median of 4.4%/yr, 38% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Montrose County, CO is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.9% on unemployment, so Montrose County, CO sits at one end of an already wide local range rather than apart from it. Montrose County, CO has the 5th 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. |
|---|---|---|---|---|---|
| Montrose County, CO | 43,807 | $70,739 #4/6 | 6.1%/yr #2/6 | 4.4% #5/6 | 0.529 #5/6 |
| San Miguel County, CO | 7,968 | $78,996 | 4.0%/yr | 2.7% | 0.479 |
| Ouray County, CO | 5,087 | $90,204 | 4.4%/yr | 3.5% | 0.489 |
| Delta County, CO | 31,598 | $57,769 | 4.2%/yr | 3.2% | 0.540 |
| Mesa County, CO | 158,600 | $73,544 | 4.9%/yr | 5.4% | 0.528 |
| Dolores County, CO | 2,432 | $65,131 | 9.5%/yr | 2.5% | 0.521 |
Conclusion
Considering all these factors, Montrose 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 Montrose County, Colorado.
How Rich Is Montrose County, Colorado?
Montrose 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 $70,739, about 26% lower than the Colorado average of $95,803.
Are incomes growing in Montrose County, Colorado?
Between 2009 and 2024, the median household income in Montrose County, Colorado rose 58%, from $44,907 to $70,739. Over the same years, income here lagged behind Colorado as a whole: +58% against +70%.
What was the median household income in Montrose County in 2023?
In 2023, the median household income in Montrose County, Colorado was $66,142, up 5% from $63,072 in 2022. The Colorado median that year was $93,071.
What was the median household income in Montrose County in 2020?
In 2020, the median household income in Montrose County, Colorado was $55,104. By 2024 it had risen 28% to $70,739.
What is the Gini coefficient in Montrose County, Colorado?
The Gini coefficient in Montrose County is 0.529. 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 Montrose County, Colorado?
Since 2009, the income gap between men and women in Montrose County, Colorado has narrowed from about 26% to 16% in 2024. Over that period the gap was widest at 28% in 2020. In dollar terms, the gap has narrowed by $1,499 since 2009.
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