![Colorado Ranks 9th for Highest Median Family Income in U.S.](http://townsquare.media/site/48/files/2018/11/family.jpg?w=980&q=75)
Colorado Ranks 9th for Highest Median Family Income in U.S.
The median income for a family in Colorado is $88,955, the ninth highest in the U.S., reports financial news website 24/7 Wall St.
For Colorado families, the household income range to be considered middle income is $26,248 to $129,332.
Here is the list for middle class in each state.
247wallst.com breaks the numbers down for Colorado:
> Household income range for middle class: $26,248 – $129,332
> Median family income: $88,955 (9th highest)
> Middle class share of Colorado income: 47.2% (20th largest)
> Richest 20% share of Colorado income: 49.3% (18th smallest)
> Cost of living in Colorado: 3.2% more expensive than the U.S. avg.
10 States with the Highest Median Family Income
- Massachusetts -- $101,548
- Maryland -- $101,437
- New Jersey -- $101,404
- Connecticut -- $98,100
- Hawaii -- $95,448
- New Hampshire -- $93,930
- Alaska -- $89,847
- Minnesota -- $89,039
- Colorado -- $88,955
- Virginia -- $88,929
10 States with the Lowest Median Family Income
- Mississippi -- $57,380
- West Virginia -- $57,718
- Arkansas -- $58,080
- New Mexico -- $58,760
- Louisiana -- $61,847
- Kentucky -- $62,228
- Alabama -- $63,837
- Oklahoma -- $64,082
- Tennessee -- $65,656
- South Carolina -- $65,742
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