Pitkin County, Colorado Income Statistics
Pitkin 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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A
Pitkin County Above averageAmong the top 5 wealthiest counties in Colorado
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pitkin County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $100,712 | $95,803 | $80,455 |
| Median Personal Income | $70,112 | $68,113 | $60,758 |
| Average Yearly Income Growth | 4.6% | 5.4% | 4.8% |
| Six-Figure Earners | 27.8% | 18.1% | 13.9% |
| $200k+ Households | 23.5% | 17.0% | 13.2% |
The median household income in Pitkin County is about 5% higher than in Colorado. Income has been growing slower in Pitkin County (4.6%/yr) than in Colorado (5.4%/yr).
About 28% of adults in Pitkin 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 Pitkin County, Colorado grew by 61.4% from 2009 to 2024, reaching $100,712 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Pitkin County
| Metric | Pitkin County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.475 | 0.524 | 0.552 |
| Male Median Income | $91,070 | $78,863 | $69,667 |
| Female Median Income | $70,441 | $64,818 | $56,850 |
| Gender Pay Gap | 22.7% | 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 Pitkin County, it is 0.475, 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 29% more than women's income in Pitkin County, Colorado. Over a 35-year career, a 29% wage gap accumulates to roughly $722,015 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pitkin County, Colorado has widened from about 14% to 23% in 2024. Over that period the gap in 2021 women out-earned men by 7%. In dollar terms, the gap has widened by $13,047 since 2009.
Sharply against the trend: the pay gap in Pitkin County widened by 8.7 points while Colorado's narrowed by 3.6 points.
Employment
| Metric | Pitkin County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.5% | 4.6% | 5.2% |
| Working from Home | 16.6% | 21.0% | 15.0% |
| Commute time (minutes) | 17 | 22 | 22 |
Approximately 256 people are unemployed in Pitkin County, Colorado.
The average commute time in Pitkin County is 17 minutes, shorter than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pitkin County, Colorado has fallen from 4.7% to 2.5% in 2024. Over that period the rate peaked at 7.7% in 2014 and fell as low as 1.5% in 2023.
Pitkin County, CO Wealth Compared With Nearby Counties
Pitkin County, CO is the 5th largest of the 6 counties compared here, 16,985 residents against a local median of 20,178. The measure that sets Pitkin County, CO apart most is unemployment: 2.5%, 47% below the local median of 4.7%. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 4.6%/yr against a local median of 6.2%/yr, 26% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Pitkin County, CO is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.8% on unemployment, so Pitkin County, CO sits at one end of an already wide local range rather than apart from it. Pitkin 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. |
|---|---|---|---|---|---|
| Pitkin County, CO | 16,985 | $100,712 #3/6 | 4.6%/yr #5/6 | 2.5% #2/6 | 0.475 #2/6 |
| Eagle County, CO | 55,135 | $104,738 | 3.5%/yr | 4.7% | 0.496 |
| Gunnison County, CO | 17,241 | $81,977 | 6.2%/yr | 4.7% | 0.508 |
| Lake County, CO | 7,380 | $95,046 | 9.0%/yr | 2.2% | 0.480 |
| Chaffee County, CO | 20,178 | $83,141 | 6.2%/yr | 4.8% | 0.502 |
| Summit County, CO | 31,017 | $111,746 | 6.5%/yr | 5.0% | 0.470 |
Conclusion
Considering all these factors, Pitkin County, Colorado has an overall wealth index grade of A, making it somewhat better than Colorado, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pitkin County, Colorado.
How Rich Is Pitkin County, Colorado?
Pitkin County has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $100,712, about 5% higher than the Colorado average of $95,803.
How fast is household income rising in Pitkin County, Colorado?
Between 2009 and 2024, the median household income in Pitkin County, Colorado rose 61%, from $62,417 to $100,712. Over the same years, income here lagged behind Colorado as a whole: +61% against +70%.
What was the median household income in Pitkin County in 2023?
In 2023, the median household income in Pitkin County, Colorado was $100,711, up 7% from $93,711 in 2022. The Colorado median that year was $93,071.
What was the median household income in Pitkin County in 2020?
In 2020, the median household income in Pitkin County, Colorado was $83,072. By 2024 it had risen 21% to $100,712.
Do many residents of Pitkin County, Colorado earn over $100,000?
Yes. 28% of adults in Pitkin County, Colorado earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 6) in Colorado. 23% of households have a combined income of $200,000 or more, compared with 17% in Colorado.
Is unemployment high in Pitkin County, Colorado?
Unemployment in Pitkin County, Colorado is only 2.5%, 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 Pitkin County, Colorado?
The Gini coefficient in Pitkin County is 0.475. 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 Pitkin County, Colorado?
Since 2009, the income gap between men and women in Pitkin County, Colorado has widened from about 14% to 23% in 2024. Over that period the gap in 2021 women out-earned men by 7%. In dollar terms, the gap has widened by $13,047 since 2009.
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