County profile
Phillips County, CO
United States · GDP 2024
#2796 of 3,127 US counties by GDPbottom-decile growthmore diversified than 31% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$254.5M
BEA · 2024
GDP growth (YoY)
-21.1%
BEA · 2024
Jobs tracked
1,146
Census CBP · 2023
Employers
138
Census CBP · 2023
Avg. wage
$48.4k
BLS QCEW · 2023
Population
4,420
Census PEP · 2025
Labor, income & education
Unemployment
3.0%
Median HH income
$64.7k±$19.2k
Bachelor's degree+
31.5%±5.2%
Poverty rate
16.8%±5.8%
Business applications
87 · 2025
Retail establishments
17
38.2/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care36%
Wholesale trade22%
Retail trade16%
Manufacturing10%
Food & accommodation9%
Finance & insurance7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
4,420
residents · 2025 · -2.4% since 2020
Income per capita $54.3k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−146
International migration+110
Natural change−72
GDP trend
2019–2024 · nominal
$200.3M2019
$190.8M2020
$226.4M2021
$296.8M2022
$322.5M2023
$254.5M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$258.2k±$31.1k
Median gross rent
$999/mo±$159/mo
Vacancy rate
9.8%±4.3%
Affordability
5.3× wages
Residential permits
$1.5M
6 units · 1.4/1k pop
FEMA risk score
12.3
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Drought 89Hail 77Strong wind 49
FHFA HOUSE PRICE INDEX · 2016–2025
1802016
1822017
1832018
2022019
2122020
2402021
2792022
2822023
3062024
2722025
RESIDENTIAL PERMITS · 2021–2025
↓ -25% since 202182021
102022
62023
32024
62025
Transport access
BTS · FAA · USACE
Nearest interstate
36.8 km
I-76
Nearest freight rail
0.1 km
NKCR
Nearest port
535.4 km
CONSOLIDATED BLENDERS BLAIR TERMINAL DOCK
Nearest commercial airport
152.7 km
NORTH PLATTE RGNL/LEE BIRD FLD
Wage trend
BLS QCEW · 2019–2023$48.4k
avg. annual pay · +24% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Phillips?
Phillips's economy produced $254.5M in 2024, contracting 21.1% year over year — among the slowest-growing US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.