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Income/capita 35%
Household income 10%
Unemployment 6%
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%

Key findings

  • 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

Best Places for Employment in and Around Welby

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Compare Welby, CO Employment

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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.

      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).