Montezuma County, Colorado
Income Data
At a Glance
How Montezuma County Compares
Detailed Income Statistics
Data Story
About Household Income in Montezuma County, Colorado
Montezuma County Trails National Average
Montezuma County's median household income of $63,005 falls $11,750 below the national median of $74,755. This gap reflects the county's agricultural and energy heritage, with limited high-wage employment centers nearby.
Below-Average Income Across Colorado
Montezuma County ranks below Colorado's $74,792 state median by about $11,787, placing it in the lower-middle tier statewide. The county's economy relies heavily on agriculture and mining rather than higher-wage service and tech sectors.
Struggles Compared to Western Slope Peers
Montezuma County's $63,005 income sits between struggling Otero ($54,897) and stronger performers like Montrose ($66,072). Its per capita income of $34,667 is among the lowest in the region, suggesting limited earning potential per individual.
Housing Remains Reasonably Affordable
A rent-to-income ratio of 18.6% positions Montezuma County below the affordability threshold, meaning residents spend less than one-fifth on housing. Median home values of $308,100 remain within reach for many working families despite modest county incomes.
Strategic Saving Builds Resilience Here
Montezuma County residents should prioritize building 3-6 months of emergency savings given modest household incomes and economic volatility. Once secured, direct 10-15% of income into diversified retirement accounts to compound wealth over decades.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $63,005 per year
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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.