Welby employment information

IndexWelbyColoradoNational
Income per capita$19,328$33,230$29,829
Median household income$49,830$62,520$55,322
Median income owner occupied$57,133$79,776$70,586
Median income renter occupied$39,082$39,538$35,192
Median earnings male$27,248$40,003$36,919
Median earnings female$23,930$27,854$26,250
Unemployment rate4.4%4.0%4.7%
Poverty level16.2%12.2%15.1%
The Welby, CO employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Welby is $19,328, which is 42% lower than than the Colorado average and 35% lower than than the national average. The median household income is $49,830, which is 20% lower than than the Colorado average and 10% lower than than the national average. The unemployment rate in Welby is 4%, which is 6% lower than than the national average. The poverty rate in Welby is 16% which is 7% higher than than the national average.

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am i middle class

$Input your household income
$33,216$49,830$99,660
City
$41,675$62,520$125,040
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Welby is 35% lower than the national average.
  • The median household income in Welby is 10% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Welby is 6% lower than the national average.
  • The poverty level in Welby is 7% higher than the national average.

Real Estate Listings In Welby

Compare Welby, CO Employment To Other Cities

Employment status

Hours worked per week

Welby median earnings by income bracket

Welby employment by industry

Labour TypeMaleFemale
Construction industry23.2%1.4%
Manufacturing sector12.9%0.4%
Financial & insurance services0.7%4.6%
Wholesale & retail services18.5%18.6%
Public administration3.0%4.6%
Transportation, warehousing & utilities10.6%5.6%
Education, health & social services4.8%21.4%
Other25.4%36.6%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Cherry Hills Village, CO6,414$224,125305%
Bow Mar, CO1,047$194,500252%
Paragon Estates, CO892$146,935166%
Todd Creek, CO3,979$132,169139%
Eldorado Springs, CO935$119,028115%
Welby, CO16,771$49,83010%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Mount Vernon, OH16,777$34,69837%
Douglas, AZ16,764$29,20747%
Fayetteville, GA16,780$66,79321%
Lemay, MO16,762$44,52020%
Laurel, VA16,756$54,7051%
Welby, CO16,771$49,83010%
Source: The Welby, CO employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).