Colorado
Maps & Population Facts
Housing Estimates
Colorado is the 21st most populated state and 8th largest state by land area. The state has strong economic indicators including one of the lowest corporate tax rates in the nation, a young population and a high labor force participation rate. The sales tax is also low in comparison with other states.
The state's most populated city of Denver is located in close proximity to the Rocky Mountains. Colorado has a rough terrain with a large portion of the western side of the state being comprised of mountains or national parks.
Income
Households in the state of Colorado earn more money than the national median income, averaging 15% higher per household.
Housing
Colorado has a median house price of $348,900. The cost of homeownership is higher than most states. The cost of renting in Colorado is 23% more than the national average.
| Percent | Ranking | |
|---|---|---|
| Renter Occupied Households | 35% | 17th |
| New Construction (Built after 2000) | 24% | 12th |
Demographics
The median age in the state is 37. The age of the general population in Colorado is comparable with other US states.
Colorado ranks in the highest of the nation for having an educated population. The state has significantly more college graduates per resident than most states.
Housing Data
| Colorado | USA | |
| Median Property Value | 348,900 | 217,600 |
| Median Mortgage Payment | 1,681 | 1,513 |
| Median Gross Rent | 1,240 | 1,012 |
| Property Vacancy | 10.3% | 12.6% |
| % Renters | 35% | 36% |
| Residents per Sq. Mi. | 55 | 93 |
| Colorado | USA | |
| Median Household Income | 69,117 | 60,336 |
| Median Individual Income | 36,804 | 33,646 |
| Median Income (Full-Time) | 50,558 | 46,881 |
| Median Age | 36.8 | 38.1 |
| Labor Participation | 69.1% | 62.8% |
| Attained College Degree | 41.2% | 32.0% |
Population Density Analysis
Demographics
Most Populated Cities
| 1. | Denver | 678,467 |
| 2. | Northeast Jefferson | 476,113 |
| 3. | Colorado Springs | 393,904 |
| 4. | South Aurora | 388,650 |
| 5. | West Adams | 305,903 |
Highest Household Income
| 1. | Sedalia | 117,380 |
| 2. | South Jefferson | 116,332 |
| 3. | Black Forest-Peyton | 108,904 |
| 4. | Castle Rock | 107,382 |
| 5. | Parker | 105,965 |
Highest Home Value
| 1. | Snowmass Village | 617,700 |
| 2. | Telluride | 608,400 |
| 3. | Boulder | 594,800 |
| 4. | Aspen | 572,500 |
| 5. | Basalt | 553,700 |
Highest Gross Rent
| 1. | Sedalia | 1,650 |
| 2. | East Arapahoe | 1,549 |
| 3. | Parker | 1,531 |
| 4. | Black Forest-Peyton | 1,530 |
| 5. | South Jefferson | 1,528 |