Phillips County, Colorado
Income Data
At a Glance
How Phillips County Compares
Detailed Income Statistics
Data Story
About Household Income in Phillips County, Colorado
Phillips County earns below national median
Phillips County's median household income of $60,372 sits 19% below the nation's $74,755 median. While the county trails most U.S. households, it reflects economic conditions common in rural Colorado's agricultural and energy-dependent communities.
Ranked near Colorado's lower third
Phillips County's $60,372 median income places it below Colorado's state average of $74,792. The county ranks among the lower-earning regions statewide, though it maintains stability through diversified rural employment.
Similar to peers, ahead of Saguache
Phillips County ($60,372) outearns Saguache County ($54,283) and Prowers County ($57,601), sitting squarely in the regional middle tier. Neighboring Rio Blanco County ($72,620) leads the immediate region, while Pitkin and Routt counties far exceed all peer earnings.
Housing remains affordable here
Phillips County's 18.8% rent-to-income ratio indicates solid housing affordability, well below the 30% threshold that signals strain. With a median home value of $255,300, homeownership remains accessible for median-income households.
Building stability in rural Colorado
Households earning $60,372 should prioritize emergency savings and retirement contributions, starting with employer 401(k) matching if available. Consider working with a financial advisor to develop a wealth-building plan suited to agricultural or energy sector income patterns.
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County median: $60,372 per year
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vs. State Average
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vs. National Median
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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.