Kit Carson County, Colorado
Income Data
At a Glance
How Kit Carson County Compares
Detailed Income Statistics
Data Story
About Household Income in Kit Carson County, Colorado
Kit Carson trails national income average
Kit Carson County's median household income of $59,810 falls below the national median of $74,755, a gap of about $15,000. This places the county in the lower-income tier nationally, though many rural agricultural communities face similar challenges.
Among Colorado's lower-income counties
At $59,810, Kit Carson County earns 20% less than Colorado's state average of $74,792. The county ranks below the middle of Colorado's 64 counties, reflecting its rural, agricultural economy.
Stronger than Las Animas and Lincoln
Kit Carson's median income of $59,810 beats Las Animas ($50,408) and Lincoln ($54,257) counties, but trails Mesa County ($71,485) to the west. Its rural peer counties show similar income patterns across Colorado's plains and mountain regions.
Housing costs manageable for renters
Renters in Kit Carson spend just 18.4% of income on rent, well below the 30% affordability threshold and among the best ratios in the state. However, a median home value of $221,400 requires substantial savings for homeownership on local wages.
Building wealth in Kit Carson
With favorable rental costs and reasonable home prices, Kit Carson residents should prioritize emergency savings and retirement accounts to close the income gap with wealthier counties. Consider consulting a financial advisor about wealth-building strategies tailored to agricultural and rural economies.
Frequently Asked Questions
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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.