What Percentage Of Colorado Is Rich?

Colorado has the 15th-highest percentage of households that make $1 million or more per year at 7.48%.

What percentage of Colorado are millionaires?

Households with more than $1 million in investable assets

State Millionaire households Millionaires as share of all households
Idaho 30,110 4.81%
Nevada 56,452 5.15%
North Dakota 19,662 6.00%
Colorado 143,564 6.47%

Is Colorado rich or poor?

Colorado is the fifth-richest state in the United States of America, with a per capita income of $24,049 (2000) and a personal per capita income of $34,283 (2003).

What is considered wealthy 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.

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What is upper class in Colorado?

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. The ultra-rich, or the top 5% of earners in Denver, make way more: $475,273 on average, according to the analysis.

Do any billionaires live in Colorado?

Billionaires are ranked by net worth as of April 30. Forbes lists 12 billionaires in Colorado.

Where do millionaires live in Colorado?

1. Cherry Hills Village. The richest city in Colorado by a clean mile is Cherry Hills Village. Unless you want to stick out like a sore thumb, you’ll either need to have a superbly high-paying job or be sat on a very handsome trust fund – with a median income of $250,001, most people in the city clearly have both.

Is Colorado expensive to live?

Colorado has been ranked as one of the top 10 most expensive states to live in by U.S. News & World Report. This is mainly due to the fact that housing in Colorado is 34% more expensive than the rest of the United States. You can expect to pay about $1300 per month for rent or $1,750 for a mortgage.

What is the poorest US state?

Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).

How wealthy is Denver?

Denver-Aurora-Lakewood, Colo.
The metro area around Colorado’s capital city is the second wealthiest in the state and 23rd wealthiest in the country. The typical household in Denver earns $71,926 a year compared to the median income of $65,685 in Colorado and the national median of $57,617.

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What is a good salary in Colorado?

Average Salary in Colorado

Annual Salary Weekly Pay
Top Earners $84,553 $1,626
75th Percentile $69,521 $1,336
Average $63,026 $1,212
25th Percentile $46,504 $894

What is the wealthiest county in Colorado?

Douglas County
Douglas County has the highest median income in the state, based on 2018 data, and Otero County has the lowest. Douglas County, which was also deemed the wealthiest county in Colorado by Forbes, has a death rate of 112 per 100,000 people and a median income of almost $200,000.

Are people in Denver rich?

In Colorado, Denver is home to more billionaires than any other city. A total of four billionaires live in Denver with a combined net worth of $23.5 billion. Of Denver residents with a minimum 10-figure net worth, Philip Anschutz is the wealthiest, worth an estimated $10.1 billion.

What salary is considered rich in Denver?

Lowest Income to be Considered “Rich” (Top 20%): $141,801. Average Income of the Top 20%: $260,157. Average Income of the Top 5%: $475,273.

Is 100k a good salary in Denver?

Further than Portland or Seattle, but not by much. GOBankingRates.com ranks the top 50 markets. If you earn a $100,000 salary, then you’re well ahead of the median worker in the U.S. But if you live in Denver, it’s harder to make that money go as far as in other major U.S. cities.

What is middle class salary 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.

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Who is the richest person in Boulder?

Colorados richest person is businessman Philip Anschutz, according to Forbes list. The investor has a net worth of $10.1 billion which is nearly the same as the GFP for The Bahamas, according to the International Monetary Fund.

Who is the richest person in Aspen Colorado?

  • #1. Name: Charles Koch. Net worth: $41.6 billion.
  • #1. Name: David Koch. Net worth: $41.6 billion.
  • #3. Name: Jeff Bezos. Net worth: $30.2 billion.
  • #4. Name: Michael Dell. Net worth: $18.5 billion.
  • #5. Name: John Paulson. Net worth: $13.5 billion.
  • #6. Name: Richard Kinder.
  • #7. Name: Roman Abramovich.
  • #8. Name: Hasso Plattner.

Who is the wealthiest black person in America?

  • Aliko Dangote, $13.5 billion.
  • Mike Adenuga, $9.1 billion.
  • Robert Smith, $5 billion.
  • David Steward, $4 billion.
  • Abdul Samad Rabiu, $3.2 billion.
  • Kanye West, $3.1 billion.
  • Oprah Winfrey, $2.7 billion.
  • Strive Masiyiwa, $2.4 billion.

What is the 1% in Colorado?

The threshold for entry into the 1 percent varies widely from place to place within Colorado. In four of the seventeen Colorado metros analyzed by the institute, those who live there can become 1 percenters with incomes of less than $300,000.

What is the Wealthiest neighborhood in Colorado?

Here are the Wealthiest Places in Colorado for 2019

  1. Castle Pines. Castle Pines is consistently on top of the list for being the wealthiest area in Colorado.
  2. Cherry Hills Village. Cherry Hills Village is not just one of the most affluent places in Colorado, but in the entire United States too.
  3. Lone Tree.
  4. Wellington.
  5. Superior.