Mineral County, Colorado

Income Data

-30% vs. Colorado average
$52,455
Median Household Income
$41,950
Per Capita Income

At a Glance

Median Household Income
$52,455
-30% vs. state avg
Per Capita Income
$41,950
+6% vs. national
Income-to-Housing Ratio
12.7%
income as % of home value
Rank in Colorado
#55 / 64
by median household income

How Mineral County Compares

Mineral County$52,455
Colorado Average$74,792
National Median$74,755

Detailed Income Statistics

$52,455
Median Household Income
$41,950
Per Capita Income
$413,000
Median Home Value
12.7%
Income-to-Housing Ratio

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?
The median household income in Mineral County, Colorado is $52,455, 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 Mineral County?
The per capita income in Mineral County is $41,950, 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 $52,455.
How does Mineral County compare to the Colorado average?
Mineral County's median household income of $52,455 is lower than the Colorado state average of $74,792. The per capita income is $41,950, compared to the state average of $43,584.
What is the per capita income in Mineral County, Colorado?
The per capita income in Mineral County, Colorado is $41,950, 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.
Is Mineral County a low-income area in Colorado?
Mineral County's median household income of $52,455 is below the Colorado average of $74,792. The per capita income of $41,950 is also lower than the state average of $43,584. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Mineral County rank for income in Colorado?
Mineral County ranks #55 out of 64 counties in Colorado by median household income (1 = highest). With a median household income of $52,455 and per capita income of $41,950, it falls in the bottom third of counties statewide.

Income Comparison Calculator

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County median: $52,455 per year

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vs. State Average

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vs. National Median

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vs. National Median30% below

Income Adequacy

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