Park County, Colorado Income Statistics
Park 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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B
Park County Around averageWealthier than 74% of counties in Colorado
Source: Map AI Methodology
Income Statistics Overview
| Metric | Park County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $101,077 | $95,803 | $80,455 |
| Median Personal Income | $72,434 | $68,113 | $60,758 |
| Average Yearly Income Growth | 6.3% | 5.4% | 4.8% |
| Six-Figure Earners | 19.4% | 18.1% | 13.9% |
| $200k+ Households | 15.3% | 17.0% | 13.2% |
The median household income in Park County is about 6% higher than in Colorado. Income has been growing faster in Park County (6.3%/yr) than in Colorado (5.4%/yr).
About 19% of adults in Park County earn six figures ($100,000 or more) a year, higher than the Colorado average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Park County, Colorado grew by 67.8% from 2009 to 2024, reaching $101,077 in 2024. That's an average of about 6.3% per year.
Income Inequality and the Gender Pay Gap in Park County
| Metric | Park County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.469 | 0.524 | 0.552 |
| Male Median Income | $87,789 | $78,863 | $69,667 |
| Female Median Income | $63,849 | $64,818 | $56,850 |
| Gender Pay Gap | 27.3% | 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 Park County, it is 0.469, 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 37% more than women's income in Park County, Colorado. Over a 35-year career, a 37% wage gap accumulates to roughly $837,900 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Park County, Colorado has narrowed from about 31% to 27% in 2024. Over that period the gap was narrowest at 3% in 2018. In dollar terms, the gap has widened by $6,528 since 2009.
Employment
| Metric | Park County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 4.6% | 5.2% |
| Working from Home | 24.4% | 21.0% | 15.0% |
| Commute time (minutes) | 42 | 22 | 22 |
Approximately 316 people are unemployed in Park County, Colorado.
The average commute time in Park County is 42 minutes, longer than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Park County, Colorado has fallen from 7.2% to 3.3% in 2024. Over that period the rate peaked at 8.2% in 2013.
Park County, CO Wealth Compared With Nearby Counties
Park County, CO is typical in size for this group, 17,906 residents against a local median of 20,178, so the measures below are close to a like for like comparison. The measure that sets Park County, CO apart most is unemployment: 3.3%, 31% below the local median of 4.8%. That is the better end of the local range on this measure.
The counties themselves spread 2.8% on unemployment, so Park County, CO sits at one end of an already wide local range rather than apart from it. Park County, CO has the 2nd 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. |
|---|---|---|---|---|---|
| Park County, CO | 17,906 | $101,077 #2/6 | 6.3%/yr #3/6 | 3.3% #2/6 | 0.469 #1/6 |
| Clear Creek County, CO | 9,259 | $96,277 | 4.6%/yr | 4.8% | 0.490 |
| Teller County, CO | 24,825 | $84,363 | 3.7%/yr | 3.7% | 0.514 |
| Chaffee County, CO | 20,178 | $83,141 | 6.2%/yr | 4.8% | 0.502 |
| Lake County, CO | 7,380 | $95,046 | 9.0%/yr | 2.2% | 0.480 |
| Summit County, CO | 31,017 | $111,746 | 6.5%/yr | 5.0% | 0.470 |
Conclusion
Considering all these factors, Park County, 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 Park County, Colorado.
How Rich Is Park County, Colorado?
Park County 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 $101,077, about 6% higher than the Colorado average of $95,803.
How has median household income changed in Park County, Colorado?
Between 2009 and 2024, the median household income in Park County, Colorado rose 68%, from $60,253 to $101,077. Over the same years, income here lagged behind Colorado as a whole: +68% against +70%.
What was the median household income in Park County in 2023?
In 2023, the median household income in Park County, Colorado was $97,441, up 9% from $89,760 in 2022. The Colorado median that year was $93,071.
What was the median household income in Park County in 2020?
In 2020, the median household income in Park County, Colorado was $77,992. By 2024 it had risen 30% to $101,077.
Is unemployment high in Park County, Colorado?
Unemployment in Park County, Colorado is only 3.3%, 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 Park County, Colorado?
The Gini coefficient in Park County is 0.469. 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 Park County, Colorado?
Since 2009, the income gap between men and women in Park County, Colorado has narrowed from about 31% to 27% in 2024. Over that period the gap was narrowest at 3% in 2018. In dollar terms, the gap has widened by $6,528 since 2009.
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