Wealth Index
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 | Windsor | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $110,693 | $93,055 | $78,145 |
| Median Personal Income | $75,281 | $69,173 | $61,726 |
| Average income growth | 6.0% | 5.8% | 5.1% |
| Six-Figure Earners | 20.3% | 17.0% | 13.2% |
The median household income in Windsor is about 19% higher than in Colorado. Income has been growing faster in Windsor (6.0%/yr) than in Colorado (5.8%/yr).
About 20% of adults in Windsor earn six figures ($100,000 or more) a year, higher than the Colorado average of 17%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Windsor, Colorado grew by 64.6% from 2009 to 2023, reaching $110,693 in 2023. That's an average of about 6.0% per year.
Economic Inequality in Windsor | Gender Pay Gap | Gini Coefficient
| Metric | Windsor | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.523 | 0.547 | 0.570 |
| Male Median Income | $87,730 | $75,396 | $67,746 |
| Female Median Income | $63,753 | $61,821 | $54,793 |
| Gender Pay Gap | 27.3% | 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 Windsor, it is 0.523, lower than Colorado's 0.547, so income is more 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 38% more than women's income in Windsor, Colorado. Over a 35-year career, a 38% wage gap accumulates to roughly $839,195 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Windsor, Colorado has narrowed from about 35% to 27% in 2023. In dollar terms, the gap has widened by $4,439 since 2009.
Employment
| Metric | Windsor | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.1% | 4.4% | 5.2% |
| Working from Home | 17.9% | 18.8% | 13.4% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 518 people are unemployed in Windsor, Colorado.
The average commute time in Windsor is 22 minutes, about the same as in Colorado.
Unemployment Rate Over Time
The unemployment rate in Windsor, Colorado has stayed about flat at 4.1% since 2011.
Conclusion
Considering all these factors, Windsor, 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 Windsor, Colorado.
How Rich Is Windsor, Colorado?
Windsor 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 $110,693, about 19% higher than the Colorado average of $93,055.
What is the current median household income in Windsor, Colorado?
As of 2023, the median household income in Windsor, Colorado is $110,693.
What was the median household income in Windsor in 2023?
In 2023, the median household income in Windsor, Colorado was $110,693.
What was the median household income in Windsor in 2020?
In 2020, the median household income in Windsor, Colorado was $94,800.
What is the Gini coefficient in Windsor, Colorado?
The Gini coefficient in Windsor is 0.523. 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 Windsor, Colorado?
Since 2009, the income gap between men and women in Windsor, Colorado has narrowed from about 35% to 27% in 2023. In dollar terms, the gap has widened by $4,439 since 2009.