Colorado Economic Overview

Key economic indicators for Colorado (CO). Population: 5,773,714.

Unemployment Rate

3.5%

Below national avg (~4.2%)

Median Annual Wage

$64,000

Source: Census ACS / BLS

Wage Growth (YoY)

+3.8%

Year-over-year change

Population

5.8M

Source: 2020 Census

About the Colorado Economy

Colorado has an unemployment rate of 3.5%, which is below the national average. The median annual wage is $64,000, with wages growing at 3.8% year-over-year. With a population of 5,773,714, Colorado is the a mid-size state economy in the U.S.