Durango and La Plata County Income
Total Personal Income (TPI) is the sum of all personal income that flows into the county. In addition to employment income there are other sources of income such as transfer payments; dividents, interest & rent; and residency adjustments.
Total Personal Income - La Plata County
| Earnings | Amount | % of Income |
| Transfer of Payments | $141,318,000 |
10% |
| Dividend, Insterest & Rent | $330,211,000 |
24% |
| Net Earninings | $904,207,000 |
66% |
| Total Personal Income | $1,375,736,000 |
100% |
| source: Bureau of Economic Analysis | ||
Per Capita Income
Area |
Per Capita Personal Income 2000 |
Per Capita Personal Income 2003 |
Per Capita Personal Income 2004 |
United States |
$29,845 |
$31,427 |
$32,937 |
Colorado |
$24,226 |
$34,561 |
|
La Plata County |
$20,998 |
$29,807 |
NA |
source: Econometer 2005 |
|||
Total Personal Income (TPI) Graph
Retirees make significant contributions to the La Plata County economy by purchasing goods and services with income from outside sources (i.e. transfer payments), bringing "new" money to circulate in the local economy. This new money also creates employment opportunities. The amenities that follow these individuals - higher end housing, fine restaurants, country clubs, and increased shopping opportunities- are on the rise.
The following chart provides the proportions of employment income for the different job sectors in La Plata County. For Detailed Employment Sector information, click here.
La Plata County Average Annual
Wage Table By Industry Sector
| La Plata County |
# of Jobs |
% of Jobs |
#of Owners |
Avg. Annual |
| Agriculture |
661 |
2% |
524 |
|
| Mining & Utilities |
603 |
2% |
99 |
$114,292 |
| Construction |
3,610 |
11% |
1030 |
$30,702 |
| Manufacturing |
791 |
3% |
193 |
$27,826 |
| Transportation/Whse |
761 |
2% |
107 |
$53,376 |
| Retail Trade |
3,879 |
12% |
626 |
$26,428 |
| F, I & RE |
2,045 |
6% |
836 |
$47,749 |
| Services |
12,125 |
42% |
2,829 |
$31,630 |
| Government |
5,350 |
17% |
0 |
$46,645 |
| Total |
31,469 |
100% |
6,343 |
|
Median Household Income Adjusted by Cost of Living Index (COLI).
| County/Area |
Median HH Income |
COLI |
Adjustment |
COLI-Adjusted |
| Statewide-CO |
$47,203 |
1.00 |
$0 |
$47,203 |
| La Plata Cty. |
$40,159 |
0.99 |
$400 |
$40,559 |
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