Summit County, Colorado

Income Data

+42% vs. Colorado average
$106,255
Median Household Income
$58,219
Per Capita Income

At a Glance

Median Household Income
$106,255
+42% vs. state avg
Per Capita Income
$58,219
+48% vs. national
Income-to-Housing Ratio
12.5%
income as % of home value
Rank in Colorado
#5 / 64
by median household income

How Summit County Compares

Summit County$106,255
Colorado Average$74,792
National Median$74,755

Detailed Income Statistics

$106,255
Median Household Income
$58,219
Per Capita Income
$850,700
Median Home Value
12.5%
Income-to-Housing Ratio

Data Story

About Household Income in Summit County, Colorado

Summit commands top earning tier nationally

Summit County's median household income of $106,255 ranks well above the national median of $74,755, placing this mountain community in the top earning tier across the United States. The county's per capita income of $58,219 also substantially exceeds the national average, reflecting consistently strong earnings.

Colorado's highest-earning county

Summit County ranks at the very top of Colorado's 64 counties with a median household income of $106,255, towering $31,463 above the state average of $74,792. Its per capita income of $58,219 substantially exceeds Colorado's state average of $43,584.

Dramatically outearns comparable counties

Summit's median household income of $106,255 far exceeds every comparable mountain county, outpacing San Miguel at $80,117 by $26,138 and San Juan at $73,889 by $32,366. This premium reflects Summit's status as an elite ski resort destination with high-wage employment.

High income cannot offset housing costs

Despite exceptional earnings at $106,255, Summit's rent-to-income ratio of 20.9% is elevated for the region, reflecting a median home value of $850,700. Households here dedicate the highest percentage of income to housing among these eight counties, requiring sophisticated financial planning.

Premium income demands premium strategy

Summit households earning $106,255 occupy the top earning tier, providing exceptional capacity for wealth accumulation beyond housing costs. Implement comprehensive financial planning including tax optimization, diversified investment strategies, and estate planning tailored to high-net-worth households.

Frequently Asked Questions

What is the median household income in Summit County, Colorado?
The median household income in Summit County, Colorado is $106,255, 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 Summit County?
The per capita income in Summit County is $58,219, 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 $106,255.
How does Summit County compare to the Colorado average?
Summit County's median household income of $106,255 is higher than the Colorado state average of $74,792. The per capita income is $58,219, compared to the state average of $43,584.
What is the per capita income in Summit County, Colorado?
The per capita income in Summit County, Colorado is $58,219, 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.
Why is Summit County income higher than the Colorado average?
Summit County's median household income of $106,255 is higher than the Colorado average of $74,792. This difference of $31,463 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Summit County rank for income in Colorado?
Summit County ranks #5 out of 64 counties in Colorado by median household income (1 = highest). With a median household income of $106,255 and per capita income of $58,219, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Summit County

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County median: $106,255 per year

vs. County Median

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vs. State Average

+42%

vs. National Median

+42%

vs. Summit County MedianAbout equal
vs. Colorado Average42% above
vs. National Median42% above

Income Adequacy

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Your monthly income ($8,855) vs. median rent ($1,851/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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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.