Moving to Colorado A Complete Relocation Guide 2020

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

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

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

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

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

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

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

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.