Per Capita Income
Date updated: 05/11/2012
Chart Directory:
The Bureau of Economic Analysis (BEA) calculates per capita personal income
by dividing the personal income of the residents by the population of that area as of July 1 for the reference year. Personal income is calculated as the sum of wage and salary disbursements, such as labor income, personal dividend income, and personal interest income, less personal contributions for social insurance (i.e., Social Security, Medicare).What this chart shows: Annual Per Capita Personal Income - United States, Colorado, and Larimer County, 2001-2010

Data Sources: United States Department of Commerce, Bureau of Economic Analysis
Larimer County per capita income has averaged slightly lower than United States levels. The 2001-2003 slow down in per capita personal income growth was more pronounced for Larimer County than for the United States or Colorado. State and County growth resumed between 2004 and 2007, averaging nearly 5% annually. Between 2008 and 2009, per capita personal income growth slowed in Larimer County (-5.3%), but less so than in Colorado (-6.3%) but slightly more than in the United States (-5.1%).
The per capita income in Larimer County increased 18.0% since 2001, from $32,654 in 2001 to $38,546 in 2010. When adjusting for inflation to 2010 dollars, however, per capita income in the county has decreased by 4.1% since 2001.
What this chart shows: Per Capita Income - Larimer County Cities and Towns, 2006-2010 American Community Survey 5-Year Estimates
Data Source: United States Census (Table B19301)
What the above data tell us:
According to the 2006-2010 American Community Survey 5-Year Estimates, Estes Park had the highest per capita income in Larimer County at $34,962 and Laporte had the lowest at $24,118. Per capita income is derived from dividing personal income by population. Cities such as Fort Collins, that have a higher percentage of students (who earn no or limited personal income), will often have a lower per capita income. (See Population by Age)What this chart shows: Per Capita Income of Colorado's 10 Most Populous Counties, 2010

Data Source: United States Department of Commerce - Bureau of Economic Analysis
What the above data tell us:
Among the ten most populous Colorado counties, Larimer County ranked sixth highest for annual per capita personal income in 2010. The largest counties line the eastern front range of the Rocky Mountains.When comparing the annual per capita income of all 64 Colorado counties, Larimer County ranked 25th out of 64 in 2010, dropping 4 places since 2005. Several mountain resort counties were ranked among the top ten; Pitkin County, home to the resort community of Vail, ranked number one with a per capita income of $76,318. Crowley County, in southeast Colorado, had the lowest annual per capita income at $16,299.
Additional Information:
Related Information on COMPASS -
- Income by Racial Classification
- Median Family Income
- Population Size & Growth
- Poverty
- Self-Sufficient Wages
Other Resources -
- Bureau of Economic Analysis (BEA) - Local Area income, employment and population information
- Colorado Department of Labor & Employment, Occupational Wages - Labor Market Information, Workforce Research and Analysis
Standards or Targets: N/A
Data Tables: For sources, see spreadsheet.
Annual Per Capita Personal Income
|
United States |
Colorado |
Larimer County |
Larimer County Inflation Adjusted |
|
|
2001 |
$31,157 |
$35,355 |
$32,654 |
$40,206 |
|
2002 |
$31,481 |
$35,131 |
$32,579 |
$39,489 |
|
2003 |
$32,295 |
$35,312 |
$32,063 |
$37,997 |
|
2004 |
$33,909 |
$36,849 |
$33,458 |
$38,622 |
|
2005 |
$35,452 |
$38,795 |
$35,008 |
$39,087 |
|
2006 |
$37,725 |
$41,181 |
$36,953 |
$39,969 |
|
2007 |
$39,506 |
$42,724 |
$38,929 |
$40,941 |
|
2008 |
$40,947 |
$44,180 |
$39,746 |
$40,254 |
|
2009 |
$38,846 |
$41,388 |
$37,655 |
$38,273 |
|
2010 |
$39,945 |
$42,295 |
$38,546 |
$38,546 |
Per Capita Income Larimer County Cities and Towns
2006-2010 American Community Survey 5-Year Estimates
|
Per Capita Income |
|
|
Berthoud |
$28,111 |
|
Estes Park |
$34,962 |
|
Fort Collins |
$27,771 |
|
Laporte |
$24,118 |
|
Loveland |
$27,991 |
|
Red Feather Lakes |
$27,529 |
|
Timnath |
$32,681 |
|
Wellington |
$25,727 |
Per Capita Income - Colorado's 10 Most Populous Counties, 2010
|
|
Per Capita Income |
Per Capita Income Ranking |
Population |
|
Colorado |
$42,295 |
--- |
5,029,196 |
|
El Paso |
$38,324 |
7 |
622,263 |
|
Denver |
$50,568 |
2 |
600,158 |
|
Arapahoe |
$47,704 |
4 |
572,003 |
|
Jefferson |
$44,699 |
5 |
534,543 |
|
Adams |
$32,666 |
8 |
441,603 |
|
Larimer |
$38,546 |
6 |
299,630 |
|
Boulder |
$50,095 |
3 |
294,567 |
|
Douglas |
$66,047 |
1 |
285,465 |
|
Weld |
$28,817 |
10 |
252,825 |
|
Pueblo |
$30,194 |
9 |
159,063 |