Income & Economy in Ridgway, CO

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$88,218

+20% vs national

Per Capita Income

$52,451

+41% vs national

Poverty Rate

12.2%

-11% vs national

Gini Index

0.4529

0 = perfect equality

Unemployment

8.4%

+62% vs national

SNAP Recipients

9.6%

of households

How Ridgway Compares

Source: Census ACS (2023)

Ridgway vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Ridgway is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Ridgway. The median household income here is $88,218.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
19.8%
$25-50K
18.5%
$50-75K
3.7%
$75-100K
15.1%
$100-150K
27.5%
$150-200K
4.3%
$200K+
11.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

8.4%

+76% vs CO avg

Labor Force

770

Employed

705

Mean Commute

25 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

43.6%

of adults 25+

High School Diploma+

58.2%

of adults 25+

Median Age

41.1

Work from Home

20.8%

of workers

The median household income in Ridgway, CO is $88,218, which is 20.5% above the national average of $73,224. Per capita income is $52,451. The poverty rate of 12.2% is higher than the CO state average of 11.0%. The Gini index of income inequality is 0.4529, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 8.4%, compared to the state average of 4.8%. 43.6% of adults hold a bachelor's degree or higher. The average commute time is 25 minutes, with 20.8% working from home.