Mineral County, Colorado
Income Data
At a Glance
How Mineral County Compares
Detailed Income Statistics
Data Story
About Household Income in Mineral County, Colorado
Mineral County Earns 30% Below U.S. Average
Mineral County's median household income of $52,455 trails the national median of $74,755 by nearly $22,300 annually. This places the county in the lower income tier nationally, reflecting its rural mountain economy and smaller labor market.
Among Colorado's Lower-Income Counties
Mineral County ranks below Colorado's state average median income of $74,792, placing it in the lower quartile statewide. The $22,337 gap highlights the income disparities between rural and more developed Colorado counties.
Lowest Earner in Western Mountain Cluster
Among nearby San Juan region counties, Mineral County's $52,455 income lags significantly behind Ouray ($84,556) and Montrose ($66,072). Its per capita income of $41,950 is notably higher than neighbors like Montezuma ($34,667), suggesting more concentrated wealth among fewer earners.
Housing Takes a Manageable 21% of Income
With a rent-to-income ratio of 20.7%, Mineral County residents spend just over one-fifth of earnings on housing—well within the 30% affordability threshold. However, median home values of $413,000 require substantial savings and income stability to access homeownership.
Build Long-Term Financial Security Here
Mineral County residents should prioritize emergency funds and retirement savings, as median incomes leave limited margin for unexpected expenses. Consider maximizing employer 401(k) matches and exploring low-cost index funds to build wealth over time.
Frequently Asked Questions
What is the median household income in Mineral County, Colorado?
How much do people earn in Mineral County?
How does Mineral County compare to the Colorado average?
What is the per capita income in Mineral County, Colorado?
Is Mineral County a low-income area in Colorado?
How does Mineral County rank for income in Colorado?
Income Comparison Calculator
See how your household income compares in Mineral County
Your income is above the Mineral County median
County median: $52,455 per year
vs. County Median
+0%
vs. State Average
-30%
vs. National Median
-30%
Income Adequacy
Your monthly income ($4,371) vs. median rent ($903/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Mineral County, Colorado? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in Colorado
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.