Teller County, Colorado Income Statistics

Teller 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.

  • B
    Teller County Around average

Source: Map AI Methodology

Teller County
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Wealth grade

Income Statistics Overview

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Metric Teller County Colorado Avg US Average
Median Household Income $84,363 $95,803 $80,455
Median Personal Income $58,849 $68,113 $60,758
Average Yearly Income Growth 3.7% 5.4% 4.8%
Six-Figure Earners 15.3% 18.1% 13.9%
$200k+ Households 10.8% 17.0% 13.2%

The median household income in Teller County is about 12% lower than in Colorado. Income has been growing slower in Teller County (3.7%/yr) than in Colorado (5.4%/yr).

About 15% of adults in Teller 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

Teller County
United States

Median household income in Teller County, Colorado grew by 46.1% from 2009 to 2024, reaching $84,363 in 2024. That's an average of about 3.7% per year.

Year Teller County United States

Income Inequality and the Gender Pay Gap in Teller County

Metric Teller County Colorado Avg US Average
Gini Coefficient 0.514 0.524 0.552
Male Median Income $81,083 $78,863 $69,667
Female Median Income $52,174 $64,818 $56,850
Gender Pay Gap 35.7% 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 Teller County, it is 0.514, 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 55% more than women's income in Teller County, Colorado. Over a 35-year career, a 55% wage gap accumulates to roughly $1,011,815 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Teller County, Colorado has widened from about 26% to 36% in 2024. Over that period the gap was narrowest at 13% in 2019. In dollar terms, the gap has widened by $15,361 since 2009.

Sharply against the trend: the pay gap in Teller County widened by 9.4 points while Colorado's narrowed by 3.6 points.

Year Male Income Female Income Gap %

Employment

Metric Teller County Colorado Avg US Average
Unemployment Rate 3.7% 4.6% 5.2%
Working from Home 20.5% 21.0% 15.0%
Commute time (minutes) 31 22 22

Approximately 460 people are unemployed in Teller County, Colorado.

The average commute time in Teller County is 31 minutes, longer than the 22 minutes in Colorado.

Unemployment Rate Over Time

Teller County
United States

Since 2011, the unemployment rate in Teller County, Colorado has fallen from 7.9% to 3.7% in 2024. Over that period the rate peaked at 10.4% in 2013 and fell as low as 3.4% in 2023.

Year Teller County United States

Teller County, CO Wealth Compared With Nearby Counties

Teller County, CO is the 5th largest of the 6 counties compared here, 24,825 residents against a local median of 377,140. Teller County, CO's income growth, at 3.7%/yr, runs 30% below the 5.3%/yr typical of the counties around it. That is the weaker end of the local range on this measure.

Median household income tells the same story from another angle: $84,363 against a local median of $101,077, 17% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Teller County, CO reads weaker than its neighbours on all of them. The counties themselves spread 2.0%/yr on income growth, so Teller County, CO sits at one end of an already wide local range rather than apart from it. Teller County, CO has the 6th 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.
Teller County, CO 24,825 $84,363 #5/6 3.7%/yr #6/6 3.7% #3/6 0.514 #4/6
Fremont County, CO 49,630 $63,374 5.2%/yr 4.2% 0.597
Douglas County, CO 377,140 $149,583 4.3%/yr 3.6% 0.500
Park County, CO 17,906 $101,077 6.3%/yr 3.3% 0.469
El Paso County, CO 742,974 $91,268 5.3%/yr 4.9% 0.528
Jefferson County, CO 579,346 $110,559 5.5%/yr 3.9% 0.496

Conclusion

Considering all these factors, Teller 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 Teller County, Colorado.

How Rich Is Teller County, Colorado?

Teller 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 $84,363, about 12% lower than the Colorado average of $95,803.

Are incomes growing in Teller County, Colorado?

Between 2009 and 2024, the median household income in Teller County, Colorado rose 46%, from $57,740 to $84,363. Over the same years, income here lagged behind Colorado as a whole: +46% against +70%.

What was the median household income in Teller County in 2023?

In 2023, the median household income in Teller County, Colorado was $80,045, up 13% from $70,904 in 2022. The Colorado median that year was $93,071.

What was the median household income in Teller County in 2020?

In 2020, the median household income in Teller County, Colorado was $63,413. By 2024 it had risen 33% to $84,363.

What is the Gini coefficient in Teller County, Colorado?

The Gini coefficient in Teller County is 0.514. 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 Teller County, Colorado?

Since 2009, the income gap between men and women in Teller County, Colorado has widened from about 26% to 36% in 2024. Over that period the gap was narrowest at 13% in 2019. In dollar terms, the gap has widened by $15,361 since 2009.

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