Income

Household Income (HHI)

Median HHI - $76,127

With a Median Household Income of $76,127 the Colorado Springs-Pueblo, CO Market ranks 56th across STI Markets.

Average HHI - $100,032

The Average Household Income is $100,032 for which this market ranks 59th.

Income Distribution

Income Distribution

Figure 37: Income Distribution

Income Distribtuion Line

Below the multi-colored line represents the same data for household income in the Colorado Springs-Pueblo, CO market, but more equally lays out the distribution of population versus the income level, correcting for differences in size of income ranges. You will also notice that after 200k the income ranges are scaled down so the focus is more centered on the more numerous Households making under 200k. The black line represents the National Income Distribution for comparison.

Income Distribution Line

Figure 38: Income Distribution Line

Income Inequality - Moderate

The distribution of Household Income in the Colorado Springs-Pueblo, CO market can be considered Moderate with a Gini coefficient of 0.44. This market ranks 95th in Household Income Inequality across all STI Markets.

Average Household Income by Census Tract

The interquartile range of Average Household Income across the market’s Census Tracts, that is its 25th percentile and 75th percentile values, are $69,814 and $111,145, respectively.

Household Income Thematic

Figure 39: Household Income Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Income Distribution Line

Figure 40: Income Distribution Line

HHI Age under 25 - $63,548

With an Average Household Income for those head of householders aged under 25 of $63,548 the Colorado Springs-Pueblo, CO market ranks 43rd across STI Markets.

HHI 00to25 Thematic

Figure 41: HHI 00to25 Thematic

HHI Age 25 to 45 - $104,779

With an Average Household Income for those head of householders aged 25 to 45 of $104,779 the Colorado Springs-Pueblo, CO market ranks 60th across STI Markets.

HHI 25to45 Thematic

Figure 42: HHI 25to45 Thematic

HHI Age 45 to 65 - $114,121

With an Average Household Income for those head of householders aged 45 to 65 of $114,121 the Colorado Springs-Pueblo, CO market ranks 59th across STI Markets.

HHI 45to65 Thematic

Figure 43: HHI 45to65 Thematic

HHI Age 65 plus - $82,143

With an Average Household Income for those head of householders aged 65 and over of $82,143 the Colorado Springs-Pueblo, CO market ranks 51st across STI Markets.

HHI 65over Thematic

Figure 44: HHI 65over Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Income Distribution Line

Figure 45: Income Distribution Line

HHI White - $104,639

With an Average Household Income for those head of householders Non-Hispanic White of $104,639 the Colorado Springs-Pueblo, CO market ranks 59th across STI Markets.

HHI white Thematic

Figure 46: HHI white Thematic

HHI Black - $91,593

With an Average Household Income for those head of householders identifying as Non-Hispanic Black of $91,593 the Colorado Springs-Pueblo, CO market ranks 26th across STI Markets.

HHI black Thematic

Figure 47: HHI black Thematic

HHI Asian - $113,240

With an Average Household Income for those head of householders identifying as Non-Hispanic Asian of $113,240 the Colorado Springs-Pueblo, CO market ranks 65th across STI Markets.

HHI asian Thematic

Figure 48: HHI asian Thematic

HHI Other - $94,218

With an Average Household Income for those head of householders identifying as Non-Hispanic Other of $94,218 the Colorado Springs-Pueblo, CO market ranks 55th across STI Markets.

HHI other Thematic

Figure 49: HHI other Thematic

HHI Hispanic - $84,379

With an Average Household Income for those head of householders identifying as Hispanic of $84,379 the Colorado Springs-Pueblo, CO market ranks 78th across STI Markets.

HHI hispanic Thematic

Figure 50: HHI hispanic Thematic

Disposible Income - $79,639

Disposable income is defined here as Household Income after accounting for Federal, State, and Local taxes. The Average Household Disposable Income is $79,639 which ranks 52nd across STI Markets.

This is a drop of $20,393, or 20.39%, overall this percentage drop ranks 98th across STI Markets.

Disposible Income VS HH Income

Figure 51: Disposible Income VS HH Income

Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease

Discretionary Income - $56,050

Discretionary income goes a step further. It takes Disposable Income, which already accounts for taxes, and accounts for the typical cost of Food, Housing, and Clothing. The Average Household Discretionary Income is $56,050 which ranks 62nd across STI Markets.

This is a drop of $43,982, or 43.97%, overall this percentage drop ranks 62nd across STI Markets.

Discretionary Income VS HH Income

Figure 52: Discretionary Income VS HH Income

Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease