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Colorado state Economy Profile

Official State Website URL- http://www.colorado.gov

QuickFacts


 Colorado United States
StateColorado
Total population4,301,261 281,421,906
Male2,165,983138,053,563
Female2,135,278143,368,343
Median age (years)34.335.3
Total households1,658,238105,480,101
Median household income (dollars)47,20341,994

Colorado state Economy

The number of private wage and salary workers in Colorado equals one million, seven hundred and twenty-two thousand, three hundred and fifty. Government workers comprise thirteen point eight seven percent of workers in Colorado. Self-employed workers in own not incorporated business make up seven point six eight percent of Colorado labor force. There are seven thousand, six hundred and twenty-four unpaid family workers in Colorado.

nine point zero eight percent of population are involved in construction, nine point one two percent are in manufacturing, and three point four six percent are in wholesale trade. 11.68% of labor force provide professional, scientific, management, administrative, and waste management services in Colorado. Nine point zero five percent of people provide Arts, entertainment, recreation, in Colorado.

70.13% of population 16 years and over is in the active work force in Colorado. 75.12% of Colorado workers 16 years and over commute to work by car, truck, or van - drive alone. Four point nine three percent of Colorado residents work at home. 3.17% use public transportation (including taxicab).

 Colorado %, Colorado United States
Population 16 years and over3,325,197  217,168,077
In labor force2,331,898 70.13%63.92%
- Civilian labor force2,304,454 69.3%63.39%
- - Employed2,205,194 66.32%59.73%
- - Unemployed99,260 2.99%3.66%
- - - Percent of civilian labor force4.3  5.8
- Armed Forces27,444 0.83%0.53%
Not in labor force993,299 29.87%36.08%
 
Females 16 years and over1,661,660 49.97%51.66%
In labor force1,057,949 31.82%29.72%
- Civilian labor force1,053,941 31.7%29.65%
- - Employed1,008,433 30.33%27.92%
 
Own children under 6 years339,553 10.21%10.05%
All parents in family in labor force200,096  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over2,191,626  128,279,228
Car, truck, or van -- drove alone1,646,454 75.12%75.7%
Car, truck, or van -- carpooled268,168 12.24%12.19%
Public transportation (including taxicab)69,515 3.17%4.73%
Walked65,668 3.0%2.93%
Other means33,689 1.54%1.19%
Worked at home108,132 4.93%3.26%
Mean travel time to work (minutes)24.3  25.5
 
Employed civilian population 16 years and over2,205,194  129,721,512
 
OCCUPATION
Management, professional, and related occupations823,731 37.35%33.65%
Service occupations306,268 13.89%14.86%
Sales and office occupations599,509 27.19%26.69%
Farming, fishing, and forestry occupations13,069 0.59%0.73%
Construction, extraction, and maintenance occupations232,021 10.52%9.45%
Production, transportation, and material moving occupations230,596 10.46%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining44,658 2.03%1.87%
Construction200,174 9.08%6.78%
Manufacturing201,169 9.12%14.1%
Wholesale trade76,339 3.46%3.6%
Retail trade259,845 11.78%11.73%
Transportation and warehousing, and utilities107,155 4.86%5.2%
Information108,955 4.94%3.08%
Finance, insurance, real estate, and rental and leasing169,285 7.68%6.89%
Professional, scientific, management, administrative, and waste management services257,548 11.68%9.3%
Educational, health and social services374,486 16.98%19.92%
Arts, entertainment, recreation, accommodation and food services199,513 9.05%7.87%
Other services (except public administration)104,885 4.76%4.87%
Public administration101,182 4.59%4.79%
 
CLASS OF WORKER
Private wage and salary workers1,722,350 78.1%78.47%
Government workers305,805 13.87%14.59%
Self-employed workers in own not incorporated business169,415 7.68%6.63%
Unpaid family workers7,624 0.35%0.31%
 Colorado %, Colorado United States
INCOME IN 1999
Households1,659,308  105,539,122
Less than $10,000114,658 6.91%9.54%
$10,000 to $14,99982,584 4.98%6.31%
$15,000 to $24,999185,997 11.21%12.83%
$25,000 to $34,999208,982 12.59%12.81%
$35,000 to $49,999281,889 16.99%16.53%
$50,000 to $74,999351,663 21.19%19.46%
$75,000 to $99,999197,339 11.89%10.23%
$100,000 to $149,999150,572 9.07%7.72%
$150,000 to $199,99942,707 2.57%2.2%
$200,000 or more42,917 2.59%2.37%
Median household income (dollars)47,203  41,994
With earnings1,422,905 42.79%39.12%
- Mean earnings (dollars)59,313  56,604
With Social Security income330,024 9.92%12.47%
- Mean Social Security income (dollars)10,995  11,320
With Supplemental Security Income49,727 1.5%2.13%
- Mean Supplemental Security Income (dollars)6,294  6,320
With public assistance income41,066 1.23%1.67%
- Mean public assistance income (dollars)2,420  3,032
With retirement income241,630 7.27%8.13%
- Mean retirement income (dollars)19,342  17,376
 
Families1,092,352  72,261,780
Less than $10,00041,627 3.81%5.75%
$10,000 to $14,99933,492 3.07%4.31%
$15,000 to $24,99994,312 8.63%10.74%
$25,000 to $34,999119,039 10.9%12.02%
$35,000 to $49,999184,521 16.89%17.13%
$50,000 to $74,999261,989 23.98%22.32%
$75,000 to $99,999159,402 14.59%12.47%
$100,000 to $149,999125,381 11.48%9.6%
$150,000 to $199,99935,915 3.29%2.75%
$200,000 or more36,674 3.36%2.92%
Median family income (dollars)55,883  50,046
 
Per capita income (dollars)24,049  21,587
Median earnings (dollars):
Male full-time, year-round workers38,446  37,057
Female full-time, year-round workers29,324  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families67,614  6,620,945
With related children under 18 years54,061 79.96%77.87%
- With related children under 5 years28,693 42.44%38.7%
 
Families with female householder, no husband present31,283  3,315,916
With related children under 18 years28,478 91.03%88.68%
- With related children under 5 years14,217 45.45%42.27%
 
Individuals388,952  33,899,812
18 years and over267,338 68.73%65.35%
- 65 years and over29,661 7.63%9.7%
Related children under 18 years115,626 29.73%33.59%
- Related children 5 to 17 years78,587 20.2%23.52%
Unrelated individuals 15 years and over156,428 40.22%31.63%
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The data is taken from www.census.gov reports.