Age of householder
Per the latest American Community Survey by the Census Bureau, Mount Crested Butte sees its highest median household income among householders in the age group of 65 years and over old, at $150,727. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Mount Crested Butte, the median household income stands at $150,727 for householders within the 65 years and over age group, followed by $125,815 for the 45 to 64 years age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $75,278.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $87,800(139.53%), escalating from a median of $62,927 in 2011 to $150,727 in 2021.
- 14(3.12%) households where the householder is under 25 years old.
- 232(51.67%) households with a householder aged between 25 and 44 years.
- 151(33.63%) households with a householder aged between 45 and 64 years.
- 52(11.58%) households where the householder is over 65 years old.
Read more about Mount Crested Butte, CO median household income by age ➔
Gender
In Mount Crested Butte, the population consists of 512 males (56.51%) and 394 females (43.49%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mount Crested Butte, the median income for all workers aged 15 years and older, regardless of work hours, was $52,487 for males and $39,797 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,064 for males and $74,137 for females.
- In Mount Crested Butte, the median income for all workers aged 15 years and older, regardless of work hours, was $52,487 for males and $39,797 for females.
- In Mount Crested Butte, among full-time, year-round workers aged 15 years and older, males earned a median income of $59,064, while females earned $74,137
Read more about Mount Crested Butte, CO income by gender ➔
Race
In Mount Crested Butte, the population is predominantly White, constituting 97.46% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $92,553.
- In Mount Crested Butte, White is both the largest group and the one with the highest median household income, which stands at $92,553.
- In Mount Crested Butte, the median household income for the households where the householder is White increased by $21,454(30.17%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $71,099 in 2011 and $92,553 in 2021.
- As per the U.S. Census Bureau population data, in Mount Crested Butte, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
Read more about Mount Crested Butte, CO median household income by race ➔
Year by year
Mount Crested Butte, CO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mount Crested Butte increased by $21,836 (30.88%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 26,226 (from $65,810 to $92,036). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 20,979 (from $92,036 to $71,057).
- It then further increased to $124,464 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4117, it is evident that income distribution in Mount Crested Butte, CO exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $152,829. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $48,190.
Read more about Mount Crested Butte, CO median household income ➔