Las Animas County, Colorado
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Las Animas County Compares
Detailed Income Statistics
Income Advisory: Las Animas County
Income Verdict
Las Animas County has a median household income of $50,408 and per capita income of $30,623 — a gap of $19,785, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $875/month and a median household income of $50,408, rent consumes approximately 20.8% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $50,408, residents of Las Animas County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $30,623 is in line with national norms for individual earners.
Neighbor Context
Las Animas County earns approximately 32.6% below the Colorado state median household income of $74,792.
Data Story
About Household Income in Las Animas County, Colorado
Las Animas lags well behind national income
Las Animas County's median household income of $50,408 falls nearly $25,000 below the national median of $74,755. This significant gap reflects economic challenges common to rural mountain communities dependent on mining and agriculture.
Among Colorado's lowest-income counties
At $50,408, Las Animas County earns 33% less than Colorado's state average of $74,792, ranking in the bottom tier statewide. The county's economic base has shifted from coal mining, creating persistent income challenges.
Lowest income among peer counties
Las Animas's $50,408 median is the lowest among comparable rural counties, trailing Kit Carson ($59,810) and Lincoln ($54,257). The county faces structural economic headwinds from its dependence on declining coal employment.
Rent affordable, but homes challenging
At 20.8%, Las Animas renters spend an acceptable share of income on housing, slightly above comfort levels. However, a median home value of $214,500 still requires substantial savings relative to local earning power, limiting homeownership access.
Building stability in Las Animas
Residents should prioritize emergency savings and stable employment while exploring financial assistance programs and community development resources. Consider speaking with a financial counselor about budgeting, debt management, and long-term wealth strategies suited to lower-income households.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Las Animas County median
County median: $50,408 per year
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($4,201) vs. median rent ($875/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.