Elbert County, Colorado
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Elbert County Compares
Detailed Income Statistics
Income Advisory: Elbert County
Income Verdict
Elbert County has a median household income of $129,477 and per capita income of $57,481 — a gap of $71,996, indicating a strong family-earning economy with multiple earners per household.
Housing Affordability
With median gross rent at $1,436/month and a median household income of $129,477, rent consumes approximately 13.3% of monthly income — well within affordable thresholds.
Economic Context
The median household income of $129,477 places Elbert County in a high-earning tier, supporting strong purchasing power and above-average consumer spending. Per capita income of $57,481 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Elbert County earns approximately 73.1% above the Colorado state median household income of $74,792, positioning it favorably within the state.
Data Story
About Household Income in Elbert County, Colorado
Elbert ranks among nation's highest earners
Elbert County's median household income of $129,477 towers 73% above the U.S. median of $74,755, placing it in the nation's top tier of affluent counties. This suburban Denver county has emerged as a prosperity hotspot in recent years.
Second-highest income in Colorado
Elbert County ranks second statewide in median household income at $129,477, trailing only Douglas County's $145,737 by $16,260. The county's income exceeds Colorado's state average of $74,792 by 73%.
Elbert rivals the state's richest counties
Elbert County's $129,477 comes remarkably close to Douglas County's $145,737 and dwarfs Denver's $91,681 and El Paso's $87,470. Only Eagle County's $103,174 poses any competition among neighboring affluent areas.
Lowest rent burden among all counties
Elbert County's rent-to-income ratio of just 13.3%—the lowest here—demonstrates exceptional housing affordability despite a $664,600 median home value. High household incomes easily support property ownership and maintenance.
Maximize wealth-building at maximum capacity
With the second-highest household income in Colorado and the lowest rent burden, Elbert County residents enjoy unmatched financial flexibility for investing and saving. Strategic asset allocation and long-term planning can transform this advantage into substantial intergenerational wealth.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $129,477 per year
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Income Adequacy
Your monthly income ($10,790) vs. median rent ($1,436/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.