Orivian

Black Hawk · FY2023 municipal finance benchmarks

Gilpin County · Central Mountains & Resort · home rule municipality · Pop. 120 (2025 estimate); FY2023 per-resident figures use 119 · Census finance data FY2016–FY2023

Latest Census Bureau finance data for Black Hawk: FY2023. Retrieved Oct 2026. Newer years are added when the Census Bureau publishes them. Why the lag?

City website (opens in a new tab)

Compare

FY2023 in brief

Debt per resident runs 146.5× peers.

  • Revenue per resident withheld: Revenue per resident is 37.7x the peer median
  • Tax revenue per resident withheld: Tax revenue per resident is 17.7x the peer median

Generated from the figures below. Every number links to its Census source.

Compared with

Nearest on population, household income and region

FY2023 headline figures

Revenue per resident (definition)

Peer median
Benchmark unavailable
CO median · 97 with a published figure
$3,580
Position
Not reported for this year
5-year changenominal dollars
Withheld with this year's value
How Colorado compares on revenue per resident

Expenditures per resident (definition)

Peer median
Benchmark unavailable
CO median · 91 with a published figure
$3,680
Position
Not reported for this year
5-year changenominal dollars
Withheld with this year's value

Tax revenue per resident (definition)

Peer median
Benchmark unavailable
CO median · 90 with a published figure
$1,726
Position
Not reported for this year
5-year changenominal dollars
Withheld with this year's value

Debt per resident (definition)

$260,294
146.5× peers
Peer median
$1,777
CO median · 91 with a published figure
$2,130
Position
Highest of the 91 reporting
5-year changenominal dollars
+9.7%/yr
How Colorado compares on debt per resident

How this number was calculated

Revenue per resident ·
Withheld pending verification

  1. 1Withheld

    Revenue per resident is 37.7x the peer median It stays withheld until it is verified against Black Hawk’s audited financial report.

  2. 2Census line items

    • A91 Water utility charges
    • B89 Federal aid
    • C89 State aid
    • D89 Local government aid
    • T01 Property tax
    • T09 General sales tax
    • T15 Selective sales taxes (lodging, utilities, etc.)
    • T19 Selective sales taxes (lodging, utilities, etc.)
    • T20 Licenses & permits
    • T21 Licenses & permits
    • T28 Licenses & permits
    • U01 Special assessments
    • U20 Interest earnings
    • U30 Fines & forfeits
    • U40 Rents
    • U99 Miscellaneous

  3. 3Source file

What the numbers mean

  • With about 119 residents, small changes in Black Hawk's budget move per-resident figures a lot. Compare several years, not one.
  • Debt per resident is 146.5× the peer median. One large bond issue can do this; check the city's annual financial report for what it funded.

Where the money comes from and where it goes

Per resident, FY2023. Bars show Black Hawk; the gold tick is the peer median. How categories work

Money in

Revenue

Categories are withheld with the total until it is verified against Black Hawk’s audited financial report.

Peer median of 5 peers · Colorado median of 97 reporting

Money out

Spending

Categories are withheld with the total until it is verified against Black Hawk’s audited financial report.

Peer median of 4 peers · Colorado median of 91 reporting

Black Hawk and its peers

The five Colorado municipalities nearest on population, median household income and region. Budget size isn’t a matching factor, so peers aren’t chosen on the figures being compared. Per resident, FY2023. How peers are chosen

Open in Compare
Black Hawk compared with its peer municipalities, FY2023, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
Black Hawk$260,294
Grand LakeUtilities: City-owned utilities (water, electric, gas, transit) brought in 14.5% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.Regional hub: Sales tax per resident is 6.2× the Colorado median.$13,561$13,333$8,681$7,152$11,368
MinturnUtilities: City-owned utilities (water, electric, gas, transit) brought in 39.3% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$4,343$3,680$1,987$1,278$1,777
Mt. Crested ButteRegional hub: Sales tax per resident is 3.6× the Colorado median.$8,532$8,375$7,312$4,147$1,202
Central CityUtilities: City-owned utilities (water, electric, gas, transit) brought in 11.4% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.Regional hub: Sales tax per resident is 1.6× the Colorado median.$13,790$14,997$7,889$1,799$99,078
IliffUtilities: City-owned utilities (water, electric, gas, transit) brought in 33.9% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$941Not reported for this year$1,693
Peer medianBenchmark unavailableBenchmark unavailableBenchmark unavailableBenchmark unavailable$1,777

Utilities marks a municipality whose revenue and spending include city-owned utilities (water, electric, gas, transit), which raises its per-resident totals.

Regional hub marks a municipality whose sales tax per resident is at least 1.5× the Colorado median: a shopping or visitor hub where people who live elsewhere pay much of the sales tax.

Trends

Every available fiscal year. Lines break where a year is missing or withheld; nothing is interpolated.

  • This city
  • Peer median
  • Withheld (shown on the axis, no value)
  • Colorado median (Census of Governments years only)
Tax revenue per resident
8 years withheld.$0$536$1.1K’16’17’18’19’20’21’22’23Colorado median FY2016: $705 (all 224 municipalities reporting)Colorado median FY2021: $1,072 (all 227 municipalities reporting)FY2016: withheld — Tax revenue per resident is 826.9x the peer medianFY2017: withheld — Tax revenue per resident is 66.8x the peer medianFY2018: withheld — Tax revenue per resident is 684.5x the peer medianFY2019: withheld — Tax revenue per resident is 733.7x the peer medianFY2020: withheld — Tax revenue per resident is 419.3x the peer medianFY2021: withheld — Tax revenue per resident is 118.0x the peer medianFY2022: withheld — Tax revenue per resident is 50.2x the peer medianFY2023: withheld — Tax revenue per resident is 17.7x the peer median

Fiscal year · nominal dollars, not adjusted for inflation

  • FY2016 withheld: Tax revenue per resident is 826.9x the peer median
  • FY2017 withheld: Tax revenue per resident is 66.8x the peer median
  • FY2018 withheld: Tax revenue per resident is 684.5x the peer median
  • FY2019 withheld: Tax revenue per resident is 733.7x the peer median
  • FY2020 withheld: Tax revenue per resident is 419.3x the peer median
  • FY2021 withheld: Tax revenue per resident is 118.0x the peer median
  • FY2022 withheld: Tax revenue per resident is 50.2x the peer median
  • FY2023 withheld: Tax revenue per resident is 17.7x the peer median
Show data table
Tax revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016Withheld (Tax revenue per resident is 826.9x the peer median)Benchmark unavailable$705 (193 reporting)
FY2017Withheld (Tax revenue per resident is 66.8x the peer median)Benchmark unavailable$1,098 (34 reporting, sample year)
FY2018Withheld (Tax revenue per resident is 684.5x the peer median)Benchmark unavailable$1,173 (70 reporting, sample year)
FY2019Withheld (Tax revenue per resident is 733.7x the peer median)Benchmark unavailable$1,187 (71 reporting, sample year)
FY2020Withheld (Tax revenue per resident is 419.3x the peer median)Benchmark unavailable$1,238 (72 reporting, sample year)
FY2021Withheld (Tax revenue per resident is 118.0x the peer median)Benchmark unavailable$1,072 (201 reporting)
FY2022Withheld (Tax revenue per resident is 50.2x the peer median)Benchmark unavailable$1,631 (71 reporting, sample year)
FY2023Withheld (Tax revenue per resident is 17.7x the peer median)Benchmark unavailable$1,726 (90 reporting, sample year)
Debt per resident
FY2016 $197,891 to FY2023 $260,294.$0$146.9K$293.9K’16’17’18’19’20’21’22’23Peer median FY2016: $182Peer median FY2017: $2,428Peer median FY2018: $1,403Peer median FY2019: $1,647Peer median FY2020: $1,830Peer median FY2022: $8,282Peer median FY2023: $1,777Colorado median FY2016: $1,072 (all 224 municipalities reporting)Colorado median FY2021: $1,411 (all 227 municipalities reporting)FY2016: $197,891FY2017: $181,667FY2018: $164,008FY2019: $147,500FY2020: $146,218FY2021: $293,875FY2022: $278,739FY2023: $260,294

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Debt per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$197,891$182$1,072 (220 reporting)
FY2017$181,667$2,428$1,482 (34 reporting, sample year)
FY2018$164,008$1,403$1,644 (70 reporting, sample year)
FY2019$147,500$1,647$1,627 (69 reporting, sample year)
FY2020$146,218$1,830$1,798 (71 reporting, sample year)
FY2021$293,875Benchmark unavailable$1,411 (199 reporting)
FY2022$278,739$8,282$2,068 (73 reporting, sample year)
FY2023$260,294$1,777$2,130 (91 reporting, sample year)

Questions about Black Hawk’s finances

How much debt does Black Hawk have per resident?
Black Hawk carried $260,294 of debt per resident in FY2023, 146.5× its peers' median. See the figure
Which cities is Black Hawk compared with?
Black Hawk is compared with Grand Lake, Minturn, Mt. Crested Butte, Central City and Iliff: the Colorado municipalities nearest to it on population, median household income and region. Budget size isn't used, so peers aren't chosen on the figures being compared. See the peer table
Where do these numbers come from?
From the U.S. Census Bureau's Annual Survey of State and Local Government Finances, as each government reported its own fiscal year, divided by Census population estimates. Figures that fail quality checks are withheld rather than shown. Sources and methodology

Community context

American Community Survey 5-year estimates and Census population estimates. Where the selected year isn’t available, the nearest earlier year is shown and labeled.

Population growth (5-yr)
−1.9%/yr
2023 estimate
Median household income
$112.7K
2023 estimate
Poverty rate
7.3%
2023 estimate
Median home value
$486.7K
2023 estimate
Housing vacancy rate
8.6%
2023 estimate

Explore further

Also in Central Mountains & Resort

Revenue per resident, latest published year.

Sources

Dataset: Black Hawk, CO municipal finance benchmarks

Free to reuse under CC BY 4.0 (opens in a new tab). Please credit “Source: Orivian Municipal Index, orivian.ai/benchmarks”. See the data use terms.

Notes: dollars are nominal (not inflation-adjusted). Colorado medians cover the municipalities reporting that year. Peers: nearest on population, income and region. Definitions: orivian.ai/benchmarks/methodology.Retrieved October 12, 2026 from orivian.ai/benchmarks.

Every figure on this page is read from the published index; nothing is recalculated for display. Read the methodology

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