Wealth Index
Less wealthy than 79% of counties in Colorado
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.
Income Statistics Overview
| Metric | Pueblo County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,379 | $93,055 | $78,145 |
| Median Personal Income | $56,618 | $69,173 | $61,726 |
| Average income growth | 5.6% | 5.8% | 5.1% |
| Six-Figure Earners | 7.7% | 17.0% | 13.2% |
The median household income in Pueblo County is about 33% lower than in Colorado. Income has been growing slower in Pueblo County (5.6%/yr) than in Colorado (5.8%/yr).
About 8% of adults in Pueblo County earn six figures ($100,000 or more) a year, lower than the Colorado average of 17%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Pueblo County, Colorado grew by 52.3% from 2009 to 2023, reaching $62,379 in 2023. That's an average of about 5.6% per year.
Economic Inequality in Pueblo County | Gender Pay Gap | Gini Coefficient
| Metric | Pueblo County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.555 | 0.547 | 0.570 |
| Male Median Income | $61,492 | $75,396 | $67,746 |
| Female Median Income | $50,557 | $61,821 | $54,793 |
| Gender Pay Gap | 17.8% | 18.0% | 19.1% |
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 Pueblo County, it is 0.555, higher than Colorado's 0.547, so income is less evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 22% more than women's income in Pueblo County, Colorado. Over a 35-year career, a 22% wage gap accumulates to roughly $382,725 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pueblo County, Colorado has narrowed from about 21% to 18% in 2023. In dollar terms, the gap has widened by $2,225 since 2009.
Employment
| Metric | Pueblo County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.4% | 4.4% | 5.2% |
| Working from Home | 7.6% | 18.8% | 13.4% |
| Commute time (minutes) | 17 | 22 | 22 |
Approximately 4,068 people are unemployed in Pueblo County, Colorado.
The average commute time in Pueblo County is 17 minutes, shorter than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pueblo County, Colorado has fallen from 10.1% to 5.4% in 2023.
Conclusion
Considering all these factors, Pueblo County, Colorado has an overall wealth index grade of D, making it somewhat worse than Colorado, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pueblo County, Colorado.
How Rich Is Pueblo County, Colorado?
Pueblo County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $62,379, about 33% lower than the Colorado average of $93,055.
What is the current median household income in Pueblo County, Colorado?
As of 2023, the median household income in Pueblo County, Colorado is $62,379.
What was the median household income in Pueblo County in 2023?
In 2023, the median household income in Pueblo County, Colorado was $62,379.
What was the median household income in Pueblo County in 2020?
In 2020, the median household income in Pueblo County, Colorado was $49,980.
What is the Gini coefficient in Pueblo County, Colorado?
The Gini coefficient in Pueblo County is 0.555. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Pueblo County, Colorado?
Since 2009, the income gap between men and women in Pueblo County, Colorado has narrowed from about 21% to 18% in 2023. In dollar terms, the gap has widened by $2,225 since 2009.