Elbert County, Colorado

+73% vs. Colorado average
$129,477
Median Household Income
$57,481
Per Capita Income

At a Glance

Median Household Income
$129,477
+73% vs. state avg
Per Capita Income
$57,481
+46% vs. national
Income-to-Housing Ratio
19.5%
income as % of home value
Rank in Colorado
#2 / 64
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Elbert County Compares

Elbert County$129,477
Colorado Average$74,792
National Median$74,755

Detailed Income Statistics

$129,477
Median Household Income
$57,481
Per Capita Income
$664,600
Median Home Value
19.5%
Income-to-Housing Ratio

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

What is the median household income in Elbert County, Colorado?
The median household income in Elbert County, Colorado is $129,477, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Elbert County?
The per capita income in Elbert County is $57,481, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $129,477.
How does Elbert County compare to the Colorado average?
Elbert County's median household income of $129,477 is higher than the Colorado state average of $74,792. The per capita income is $57,481, compared to the state average of $43,584.
What is the per capita income in Elbert County, Colorado?
The per capita income in Elbert County, Colorado is $57,481, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Elbert County income higher than the Colorado average?
Elbert County's median household income of $129,477 is higher than the Colorado average of $74,792. This difference of $54,685 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Elbert County rank for income in Colorado?
Elbert County ranks #2 out of 64 counties in Colorado by median household income (1 = highest). With a median household income of $129,477 and per capita income of $57,481, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Elbert County

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Your income is above the Elbert County median

County median: $129,477 per year

vs. County Median

+0%

vs. State Average

+73%

vs. National Median

+73%

vs. Elbert County MedianAbout equal
vs. Colorado Average73% above
vs. National Median73% above

Income Adequacy

Monthly income covers median rent7.5x

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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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.