Colorado - Income



According to the Bureau of Economic Analysis, in 2001, Colorado had a per capita personal income (PCPI) of $33,455 which ranked 8th in the United States (including the District of Columbia) and was 110% of the national average, $30,413. The 2001 PCPI reflected an increase of 1.2% from 2000 compared to the national change of 2.2%. In 2001, Colorado had a total personal income (TPI) of $148,238,613,000 which ranked 21st in the United States and accounted for 1.7% of the national total. The 2001 TPI reflected an increase of 3.6% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Colorado increased from $111,210,509,000 in 2000 to $114,684,737,000 in 2001, an increase of 3.1%. The largest industries in 2001 were services, 30.3% of earnings; state and local government, 10.1%; and transportation and public utilities, 10.0%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was transportation and public utilities, which decreased 3.7%; the fastest was state and local government, which increased 8.7%.

According to data released by the US Census Bureau, in 2000, the median household income was $48,506 compared to the national average of $42,148. In 2001, the median income for a family of four was $67,634 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 9.0% which placed it 13th among the 50 states and the District of Columbia ranked lowest to highest.



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