Colorado’s population is concentrated in metro Denver:
- 2.6 million people
- 56% of Colorado population
- 59% of Colorado retail sales
- 57% of Colorado white collar jobs
- Population Density: 3,646 people/sq.mile
- Balance of State: 21 people/sq.mile
- Balance of DMA: 10.6 people/sq. mile
Population: 2.6 million people live in metro Denver – 56% of Colorado’s population and nearly 70% of the Denver DMA. With 3.8 million total population, the Denver DMA is the 19th-largest and 10th-fastest growing major market in the country.
Age: Metro Denver is one of the Top 5 Baby-Boomer markets in the nation. Nearly 40% of its adults are ages 40-59 – that’s 4th among major markets. More importantly, Denver Baby-Boomer household income tops $86,000.
Income: Colorado income ranks 7th. Metro Denver average household income is $80,073 and it ranks 6th in $50,000+ households. If metro Denver were a state, its income would rank 3rd in the nation. 5-year income growth projections rank 8th in the U.S.
Education: Metro Denver is the second-most educated market in America – it has the second-highest percentage of college-educated adults (65%) of any market in the Country.
White Collar: Among the Top 50 markets, metro Denver is the second-most white collar and home to 57% of all Colorado white collar jobs. 49% of metro Denver companies expect to add workers in 2007 – strongest since Q1 2001.
Retail Sales: In 2006, metro Denver spent $78.7 billion on retail goods and services – that’s 59% of all the money spent in the entire state of Colorado and 8% more than 2005 – the largest annual increase since 2000.
