Figuring out whether you’re “middle class” in Colorado depends on your household income and how many people live with you. Generally, a Colorado family is considered middle class if they earn between $54,159 and $212,240 per year.
Of course, this range changes depending on your family size. To get a clearer picture, check out the detailed income ranges in this article – we cover everything from two-person households to families of four.
What is Middle Class Income in Colorado?
A Quick Guide for Colorado Families: Curious where your family fits in Colorado’s economy? Find your income range to see how you compare.
| Family Size: | Income Range: |
| 2-person family: | $54,159 to $161,668 |
| 3-person family: | $60,635 to $181,000 |
| 4-person family: | $71,100 to $212,240 |
Income Tier Calculator
Source: census.gov, justice.gov
What is Median Household Income in Colorado?
Understanding Colorado’s income statistics can provide a clear view of the state’s economic landscape:
- Median Household Income: According to the latest 2022 data, Colorado’s median household income sits at $89,302. This is significantly higher than New Mexico’s median household income of $58,722, highlighting a substantial income disparity between the two neighboring states.
- Average Household Income: The average household income in Colorado is $117,508.
- Per Capita Income: For an individual perspective, Colorado’s per capita income stands at $47,346, reflecting the average income earned by each resident.
- High-Income Households: A notable 13.9% of Colorado households fall into the high-income category, with annual earnings exceeding $200,000.
Source: US Census Bureau, incomebyzipcode
