Cheyenne County, Colorado

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Below the state median: Median household income runs $24,605 (25.8%) under the Colorado median, so statewide income averages overstate local household buying power.
• Cost of living erodes income: Local prices run 3.1% above the national average, so the nominal median of $70,865 is worth $68,734 at national average prices. BEA publishes price parity at state level, not county level.
• Talent gap: Bachelor's-or-higher attainment trails the national average by 9.6 pts, relevant for advanced-services attraction strategy.
• Aging population: Median age of 43 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest private-sector industry: Agriculture, Forestry, Fishing and Hunting employs 73 workers (26.5% of tracked sectors), at an average wage of $44,066. Every industry figure on this page is private sector; government employs a further 298 and is counted separately.
• Economic scale: Regional GDP of $356M (2024).
• Wage stratification: Utilities averages $110,669 while Retail Trade averages $29,463, a 3.8x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Animal Production and Aquaculture concentrates at 61.15x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 3 sub-sectors register LQ ≥ 1.5, but 52.5% of the employment across them depends on one source of demand: resource and agricultural commodities. Read the count as depth within that single demand base rather than as spread across separate ones.

• Affordable market: Home value to income ratio of 2.6x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
• High home ownership: 72.6% owner-occupied; rental supply may be tight for incoming workers.
• Elevated vacancy: 20.4% of housing units are vacant, above the Colorado rate of 8.3%, and down from 21.7% in 2019.
• Vacancy composition: the largest vacancy category is other vacant at 72.6% of vacant units, with seasonal and recreational use at 11.9%.
• Genuinely available supply: units listed for rent or for sale are 13.4% of the vacant stock, or 2.7% of all housing units against the 20.4% headline vacancy rate. Absorbable supply for an incoming employer is thin, and the gap between the two is the redevelopment and conversion opportunity.
• Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $48,967 can pay without cost burden (~$1,224/mo), and 29.8% of renter households are measured as cost-burdened.

• Succession risk is real: 28.4% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Healthy participation: 69.5% labor force participation reflects a steady, available local workforce.
• Short commutes: 15.1-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
• Talent pipeline: no college, university, or technical school is located in Cheyenne County per the IPEDS institutional directory, so any training pipeline serving it runs through institutions outside the county.

Cheyenne County shows strong potential for animal production and aquaculture attraction, with a 61.15x concentration and 52 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 28.4% of the working-age population within 10 years of retirement age.

Most of the employment across the concentrated sub-sectors traces back to a single source of demand. Resource and agricultural commodities accounts for 52.5% of it, all of it in animal production and aquaculture. Recruitment that widens the demand base changes that exposure; recruitment inside the same base deepens it.