What is the median household income in Hot Sulphur Springs, CO?
The median household income in Hot Sulphur Springs, CO is $106,600 (±$14,818) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,484 a month would take about $59,400 a year at the common guideline of spending no more than 30% of income on rent.
In Hot Sulphur Springs, the median household income went from $52,639 in 2015–2019 to $106,600 in 2020–2024 (+102.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $106,600 (±$14,818)
- Median renter income
- $98,750 (±$83,916)
- Income to afford median rent
- about $59,400
Income in Hot Sulphur Springs against Grand County, its state and the nation
| Hot Sulphur Springs | Grand County | Colorado | United States | |
|---|---|---|---|---|
| Median household income | $106,600 (±$14,818) | $88,612 (±$8,655) | $95,470 (±$578) | $80,734 |
| Median renter household income | $98,750 (±$83,916) | $66,102 (±$11,770) | $63,537 (±$555) | $52,966 |
| Median owner household income | $106,850 (±$15,167) | $102,383 (±$12,994) | $117,732 (±$838) | $100,009 |
| Median gross rent | $1,484 (±$505) | $1,493 (±$141) | $1,761 (±$7) | $1,413 |
In Hot Sulphur Springs, median household income is higher than in Grand County ($88,612).
It is not measurably different from Colorado ($95,470).
It is higher than the national figure ($80,734).
In Grand County, Hot Sulphur Springs ranks 1 of 6 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 85 of 325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Hot Sulphur Springs
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,484 a month ($17,808 a year) needs an income of about $59,400 a year.
The median renting household in Hot Sulphur Springs earns $98,750 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $52,639 (±$4,101) | $106,600 (±$14,818) | +102.5% | Up after inflation |
| Median gross rent | $1,036 (±$265) | $1,484 (±$505) | +43.2% | No measurable change after inflation |
| Median home value | $222,500 (±$23,242) | $389,900 (±$54,577) | +75.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Hot Sulphur Springs
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Hot Sulphur Springs | — | $106,600 (±$14,818) | — |
| Granby | 9.7 mi | $72,926 (±$16,199) | Lower |
| Kremmling | 15 mi | $77,407 (±$24,302) | Lower |
| Fraser | 19 mi | $89,980 (±$16,587) | Not measurably different |
| Grand Lake | 19 mi | $103,750 (±$49,243) | Not measurably different |
| Winter Park | 22 mi | $68,828 (±$37,446) | Not measurably different |
| Silverthorne | 29 mi | $125,478 (±$35,555) | Not measurably different |
| Ward | 31 mi | $56,875 (±$23,575) | Lower |
| Dillon | 31 mi | $111,250 (±$26,434) | Not measurably different |
Nearby places with a measurably lower figure: Granby, CO ($72,926), Kremmling, CO ($77,407), Ward, CO ($56,875).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Grand County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Hot Sulphur Springs | $106,600 (±$14,818) |
| 2 | Grand Lake | $103,750 (±$49,243) |
| 3 | Fraser | $89,980 (±$16,587) |
| 4 | Kremmling | $77,407 (±$24,302) |
| 5 | Granby | $72,926 (±$16,199) |
| 6 | Winter Park | $68,828 (±$37,446) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hot Sulphur Springs
What is the median household income in Hot Sulphur Springs?
The median household income in Hot Sulphur Springs is $106,600 (±$14,818) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Hot Sulphur Springs?
About $59,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,484 a month.
Have incomes in Hot Sulphur Springs kept up with inflation?
In Hot Sulphur Springs, the median household income went from $52,639 in 2015–2019 to $106,600 in 2020–2024 (+102.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Hot Sulphur Springs?
The median renting household in Hot Sulphur Springs, CO earns $98,750 (±$83,916) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hot Sulphur Springs town, Colorado
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hot Sulphur Springs town, Colorado
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hot Sulphur Springs town, Colorado
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hot Sulphur Springs town, Colorado
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hot Sulphur Springs town, Colorado
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hot Sulphur Springs town, Colorado
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hot Sulphur Springs town, Colorado (place:37600, in state:08).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Hot Sulphur Springs at a glance
- Home values in Hot Sulphur Springs
- Homeowner costs in Hot Sulphur Springs
- Property taxes in Hot Sulphur Springs
- Types of homes in Hot Sulphur Springs
- Bedrooms in Hot Sulphur Springs
- Age of homes in Hot Sulphur Springs
- Heating fuel in Hot Sulphur Springs
- Commute and cars in Hot Sulphur Springs
- Population growth in Hot Sulphur Springs
- Colorado landlord and tenant rules
- Housing across Grand County
- Colorado places ranked by median household income
- Housing data for every place in Colorado