$63,026.
Average Salary in Colorado
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $84,553 | $41 |
| 75th Percentile | $69,521 | $33 |
| Average | $63,026 | $30 |
| 25th Percentile | $46,504 | $22 |
What is a livable wage in Colorado?
Living Wage Calculation for Denver County, Colorado
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $20.31 | $41.55 |
| Poverty Wage | $6.19 | $12.74 |
| Minimum Wage | $12.56 | $12.56 |
How much is a good salary in Colorado?
According to data from HowMuch.net, in order to comfortably afford to live in Colorado, you have to earn over $100,200 annually. This works out to earning about $8,350 per month.
What is the average annual income in Colorado?
Table
| Population | |
|---|---|
| Transportation | |
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 25.8 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $75,231 |
Is 18 dollars an hour a good wage?
The $18 per hour wage falls within the second and most common hourly rate range in the US. As it’s far enough from the minimum wage, it can be considered good money.
What is middle class in Colorado?
The range to be considered middle income is highest for families composed of two adults and two young children, requiring an income between $69,000 and $208,000. By comparison, single-adult families with no young children must earn $22,000 to $68,000 to be considered middle income.
What’s the cheapest city to live in in Colorado?
10 Most Affordable Places to Live in Colorado
- Federal Heights. Topping the list of the most affordable city in Colorado is Federal Heights, a suburb of Denver.
- Lamar.
- Brush.
- Fort Morgan.
- Sterling.
- Trinidad.
- Pueblo.
- Clifton.
What is considered rich in Colorado?
According to GOBankingRates, the lowest income to be considered “rich” falls at $122,763, which is 20% of our city’s population. The average income of the top 20% of Colorado Springs’ richest residents is $203, 661. The average income of the top 5% is set at $345,526.
What is upper class income in Colorado?
The site used U.S. Census Bureau income data to determine the salary a household needs to earn to be in the city’s top 20% of earners – what they define as “rich.” In Denver, you’ll need to earn $141,801 or more to be considered a “rich” person in the top 20% of the city’s 700,000 residents.
How much do jobs pay in Colorado?
Hourly Rate Salary in Colorado
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $58,717 | $4,893 |
| 75th Percentile | $45,565 | $3,797 |
| Average | $44,216 | $3,684 |
| 25th Percentile | $27,245 | $2,270 |
What is the minimum salary in Colorado?
| Year | Minimum Wage | Basis for Setting Minimum Wage |
|---|---|---|
| 2018 | $10.20 | |
| 2019 | $11.10 | |
| 2020 | $12.00 | |
| 2021 | $12.32 | CPI-increased annually, by Colorado Constitution Article XVIII § 15. |
What is the poverty line in Colorado?
A measure of income level issued annually by the Department of Health and Human Services. Federal poverty levels are used to determine your eligibility for certain programs and benefits. The 2018 Federal Poverty Level for an individual is $16,147 in yearly income and $33,383 for a family of four.
Can you live off a Walmart salary?
No, You Couldn’t. Last month, Walmart CEO Bill Simon revealed rather cluelessly that the vast majority of Walmart workers, as many as 825,000 in the United States, earn less than $25,000 a year.
How much is 18.25 an hour?
If you make $18.25 per hour, your Yearly salary would be $35,588.
How much is $26 dollars an hour annually?
If you make $26 per hour, your Yearly salary would be $50,700. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week.
What salary is upper class?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
What is considered low income?
By government standards, “low-income” earners are men and women whose household income is less than double the Federal Poverty Level (FPL). For a single person household, the 2019 FPL was $12,490 a year. That means that a single person making less than $25,000 a year would be considered low income.
What are the poorest counties in Colorado?
Here Are The 10 Poorest Counties In Colorado
- Costilla County (Population: 3,536)
- Huerfano County (Population: 6,948)
- Saguache County (Population: 6,161)
- Conejos County (Population: 8,220)
- Prowers County (Population: 12,734)
- Otero County (Population: 18,830)
- Alamosa County (Population: 15,293)
Is moving to Colorado worth it?
Residents live a healthy lifestyle
Consider moving to Colorado. Thanks to the state’s endless number of outdoor activities, healthy food options and health-focused culture, Colorado is one of the healthiest states in the country. According to Mind Body Green, the state also has the lowest obesity rate in the country.
What is the best small town to live in Colorado?
13 Best Small Towns in Colorado (By a CO Local)
- Crested Butte.
- Creede.
- Silverton.
- Estes Park.
- Breckenridge.
- Pagosa Springs.
- Lake City.
- Paonia.
Is Colorado cheaper than California?
While the cost of living in Colorado is 31% higher than the national average it is still 35-40% cheaper than California. The price of new homes is higher than other states but rental prices are quite affordable and utility costs are much lower.
