Moving to Colorado A Complete Relocation Guide 2020

This is a complete guide for Moving to Colorado.
Get all the information you need to know about moving to Colorado

If you love skiing, camping, hunting, fishing, off-road tours, mountain climbing and other outdoor recreations, you'd love moving to Colorado.

Colorado is one of the states that enjoys more sunshine than wet days every year. The state has the highest elevation in the country and is home to several breathtaking mountains, rivers, plateaus, and canyons that makes it a prime tourist destination.

Colorado's economy is powered by several leading industries including aerospace, bioscience, defense and homeland security, food and agriculture, financial services, energy and natural resources amongst several others. The unemployment rate in Colorado is lower than the national average.

Also, if you enjoy smoking recreational marijuana, Colorado is among the first states to legalize it across the country. This means you can legitimately get "high" in Colorado.

If you're considering moving to Colorado and wondering if the state is the right place for you or not, we have collated key things you should know about the state to make the right choice.

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Is moving to Colorado right for you?

Since you're mulling over moving to Colorado, we've compiled all the key information you need to know about the state before making up your mind.

moving to colorado

What are the top 10 reasons to move to Colorado?

There are hundreds of reasons why moving to Colorado could be a great idea. We've handpicked ten of those reasons here from various spheres of life to help you make the right decision.

  • Great healthcare system, rated among the best in the U.S.
  • Easy access to amazing outdoor recreations
  • The public-school system is rated higher than average
  • Marijuana is legalized
  • Colorado's property and income taxes are relatively low
  • Stable economic growth and booming job market
  • Colorado is a sports fan haven
  • You'll enjoy all four seasons in Colorado
  • Easy access to breathtaking mountains
  • You'll enjoy a diverse social and entertainment lifestyle
colorado pros and cons

What are the pros and cons of living in Colorado?

How does Colorado compare to where you are right now? One of the easiest ways to find out is to consider the pros and cons of living in Colorado. While you're mulling over moving to Colorado, you should consider the pros and cons of living in the state before making up your mind.

Pros of living in Colorado Cons of living in Colorado
You'll enjoy lots of outdoor activitiesTerrible traffic
Recreational marijuana is legal hereHigh cost of housing in several major cities
You'll enjoy some of the best beers in the countryHigh cost of living
The economy is stable and you can plan your finances betterIts home to several crowded cities
You'll wake up to breathtaking views wherever you are in the stateColorado is a semi desert
Colorado has a booming job marketYou may experience lots of fires in the summer
More than 300 days of sunshine a yearLow vaccination rates
Great work environmentTrash pollution in some parts of the state
Enjoy great tasty foodHigher property crime rates
It's a state with diverse political viewsThe roads are notoriously deadly in the summer
place in colorado

What are the Best Places to Live in Colorado

Colorado is home to many beautiful places including cities, towns, and neighborhoods. If you're contemplating moving to Colorado, you should be interested in the best places to live in the state. We've compiled a list of the ten best places to live in Colorado to help you make the right choice.

Here are the 10 best places to live in Colorado:

Place Population Median Home Value Unemployment Rate
Louisville20,705$554,2004.3%
Centennial109,505$398,7003.4%
Parker52,563$386,8003.1%
Superior13,014$530,8002.4%
Windsor25,232$374,7003.0%
Castle Rock59,680$391,1003.0%
Castle Pines10,573$598,6003.2%
Erie22,965$437,0003.9%
Broomfield66,120$382,8003.6%
Lone Tree14,209$611,9003.1%
cost of living in colorado

What's the cost of living in Colorado?

The cost of living in Colorado is higher than the U.S. average. Colorado's cost of living is rated 121.1. The United States average is rated 100.

What's the cost of renting a home in Colorado?

Renting a home could be your housing option if you're moving to Colorado. About 31.4% of Colorado residents are renters. However, finding a home to rent in Colorado isn't that easy. Only 1.6% of apartments and houses in Colorado are open to rent.

  • Average rent price in Colorado is $1,846, US is $1,470
  • Average cost of a studio Apartment in Colorado is $902. The U.S. average is $821
  • Average cost of a 1 Bedroom in Colorado is $1,040. The U.S. average is $930
  • Average cost of a 2 Bedroom in Colorado is $1,306. The U.S. average is $1,148
  • Average cost of a 3 Bedroom in Colorado is $1,839. The U.S. average is $1,537
  • Average cost of a 4 Bedroom in Colorado is $2,148. The U.S. average is $1791

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Are homes affordable in Colorado?

Buying a home in Colorado is fairly expensive. The median price of homes in Colorado is higher than the U.S. average. The state's booming job market, beautiful landscapes and great outdoors amongst several other things are constantly attracting people to the state.

More than 65% of Colorado residents are homeowners. If you're considering moving to Colorado and buying a home, we've compiled key information about the state's housing market to help you get started:

  • The median home value in Colorado is $408,794
  • Home values in Colorado has increased by 3.1% over the past year
  • Home values in Colorado are predicted to fall by 1.7% within the next year
  • The median list price per square foot in Colorado is $259
  • The median price of homes currently listed in Colorado is $428,364
  • The median price of homes that sold in Colorado is $388,700
  • The median rent price in Colorado is $2,000
  • In Colorado 0.1 homes are foreclosed (per 10,000). The US average is 1.2
  • The percent of delinquent mortgages in Colorado is 0.4%. The U.S. average is 1.1%.
  • Up to 4.5% of Colorado homeowners are underwater on their mortgage
jobs in colorado

How is the job market in Colorado?

The job market in Colorado is booming. The unemployment rate in the state is lower than the U.S. average. Colorado's future job growth in the next ten years is also higher than the United States average. Colorado is home to over 20 Fortune 500 companies and several other large companies. If you're considering moving to Colorado to get a new job, you're on the right path.

What's the median salary in Colorado?

What's the average salary you'll most likely earn if you move to Colorado? If you're interested in starting a new job after moving to Colorado, we've collated the key average income in the state. This will give you an idea of what to expect if you move to Colorado:

  • The median household income in Colorado is $68,811
  • The average household income in Colorado is $92,520
  • The Per Capita Income in Colorado is $36,415
  • High income households in Colorado is 7.9% (making over $200,000 a year)
  • The minimum hourly wage in Colorado is $11 per hour
  • The average annual salary in Colorado is $62,631 per year
  • The average hourly pay for average jobs in Colorado is $30

10 largest companies in Colorado

Several large companies in the United States are headquartered in Colorado. If you're mulling over moving to Colorado, you should be interested in the largest companies in the state. We've made a top 10 list of the largest companies in Colorado and here they are:

  • Pepsi Center
  • RE/MAX
  • JBS USA
  • Catholic Health Initiatives
  • DaVita
  • Chipotle Mexican Grill
  • Teletech Holdings
  • Pilgrim's Pride
  • The Anschutz
  • Red Robin

10 fastest growing jobs in Colorado

If you're considering a career change in Colorado, these are the fastest growing jobs in the state:

  • Interpreter And Translator
  • Miner
  • Personal Care Assistant
  • Diagnostic Medical Sonographer
  • Home Health Aid
  • Esthetician
  • Information Security Analyst
  • Cement Mason
  • Physician Assistant
  • Insulation Installer

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What are the Top Industries in Colorado

Colorado's economy is driven by several large industries. From aerospace to financial services, tourism and outdoor recreation etc. While you're considering moving to Colorado, we've compiled a list of the largest companies in the state to give you an idea of what to estate.

  • Advanced manufacturing
  • Aerospace
  • Bioscience, health, and wellness
  • Creative industries
  • Defense and homeland security
  • Electronics, Technology and information
  • Energy and natural resources
  • Financial services
  • Food and agriculture
  • Infrastructure engineering
  • Tourism and outdoor recreation
  • Transportation and logistics

10 best places to get a job in Colorado

Colorado is home to many beautiful places. If you're looking to get a job after moving to Colorado, these are the best places to consider based on low unemployment rates and high future job growth.

  • Durango
  • Aspen
  • Avon
  • Gypsum
  • Eagle
  • Wellington
  • Gunnison
  • Loveland
  • Rifle
  • Parker

What's the unemployment rate in Colorado?

Colorado has a booming job market. The unemployment rate in Colorado is lower than the national average. Also, future job growth in Colorado is predicted to hit 46.0%. This is higher than the national average of 33.5%.

While the unemployment rate in Colorado is 3.1%, the United States average is 3.9%. If you're interested in getting a new job, moving to Colorado is a great idea.

taxes in colorado

Is Colorado a tax-friendly state?

Colorado has one of the lowest average effective property tax rates in the country. If you're moving to Colorado, you should be aware of the key taxes you'll most likely pay in the state. Here's a simple breakdown of the taxes in Colorado:

  • Colorado's income tax is a flat rate of 4.63%
  • Sales tax in Colorado range from 2.90% - 11.20%
  • Colorado's average effective property tax rate is 0.55%
  • Gas tax is 22.0 cents per gallon of regular gasoline
  • Diesel tax is 20.5 cents per gallon of diesel
colorado

What is Colorado most known for?

The beautiful state of Colorado is known for so many things. If you're considering moving to Colorado, you'll most likely be interested in what the state is mostly known for. While it's impossible to list everything Colorado is known for, we've made a top 10 list to give you an idea. If you're contemplating moving to Colorado, here are the top 10 things the state is known for:

  • World-Class Skiing
  • Legal Marijuana
  • Breathtaking Mountains
  • Beautiful Scenery
  • Remarkable Outdoor Life
  • Rocky Mountain National Park
  • Dinosaur National Monuments
  • Amazing Cultural Experiences
  • The Black Canyon Of The Gunnison National Monument.
  • Colorado is known for canyons, plateaus, rivers, and snows
schools in colorado

What are the Best Schools & Universities in Colorado

Moving to Colorado gives you access to some of the best schools in the country. Colorado has 4,570 public and private PK-12 schools. The state is also home to 62 colleges and universities that enrolls over two hundred thousand students.

We've made a list of some of the best schools in Colorado to help you get started.

Best elementary schools in Colorado

  • Creede School
    Creede School District, Public, PK-12 | 80 students

  • Pawnee School
    Pawnee Re-12 School District, Public, PK-12 | 88 students

  • Rocky Mountain Deaf School
    Jefferson County R-1 School District, Charter, PK-12 | 69 students

  • Moffat PK-12 School
    Moffat 2 School District, Public, PK-12 | 147 students

  • Liberty School
    Liberty J-4 School District, Public, PK-12 | 72 students

Best middle schools in Colorado

  • Aguilar Junior-Senior High School
    Aguilar Reorganized 6 School District, Public, 7-12 | 46 students

  • Arickaree Undivided High School
    Arickaree R-2 School District, Public, 6-12 | 56 students

  • Creede School
    Creede School District, Public, PK-12 | 80 students

  • Pawnee School
    Pawnee Re-12 School District, Public, PK-12 | 88 students

  • Rocky Mountain Deaf School
    Jefferson County R-1 School District, Charter, PK-12 | 69 students

Best high schools in Colorado

  • Aguilar Junior-Senior High School
    Aguilar Reorganized 6 School District, Public, 7-12 | 46 students

  • Arickaree Undivided High School
    Arickaree R-2 School District, Public, 6-12 | 56 students

  • Fairview High School
    Boulder Valley Re 2 School District, Public, 9-12 | 2226 students

  • Cherry Creek High School
    Cherry Creek 5 School District, Public, 9-12 | 3641 students

  • Creede School
    Creede School District, Public, PK-12 | 80 students

Best universities and colleges in Colorado

  • Colorado School of Mines

  • Colorado College

  • University of Colorado Boulder

  • CSU Global

  • Colorado State University

  • University of Denver

  • University of Colorado Denver/Anschutz Medical Campus

  • Metropolitan State University of Denver

  • Regis University

  • University of Northern Colorado

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