We all need to make money. We need money to live, to eat, to get gas for our vehicle, and to do fun things like go to concerts, amusement parks, or go to the movies. Everything seems to cost money, yet not everyone makes the same amount. We all grew up with dreams of one day being rich, but not everyone reaches that goal for one reason or another. Some people are low-income, some are middle-class, and a select few were lucky enough to be rich. When it comes to Colorado, what is the median income for a household in 2026, and do you make that much, more, or less?

The Highest and Lowest Median Incomes in America

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Nobody wants to make less than the median income in their state or the national median income. Being above it means you can afford a decent home, groceries, vacations, and don't stress living paycheck to paycheck as much as others do. There might be some tight months, but overall, if you make the median income in your state, you are doing well financially. According to a recent study from playcasino.com, the state with the highest median income is Massachusetts at $104,828 a year. The state with the second-highest median income is New Jersey at $104,294, and rounding out the top three is Maryland at $102,905. The state with the lowest median income is Mississippi at $51,127 a year. The state with the second lowest median income is West Virginia at $60,798, and the third lowest state is Louisiana at $60,986. Where does Colorado fall on this list?

What is Colorado's Median Income?

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Colorado has one of the higher median incomes in the country, coming in as the eighth highest in the nation with a median income of $97,113. This is a high amount, and many homes in the state do not bring in this much money. If you are single, this may be concerning, as not many jobs pay this much, but if you are married or live with someone, you may be closer to this number. For those wondering, the national median income in 2024 was $81,604. The key to finding out if you can live comfortably on these salaries is what you have left in each state once you have paid for childcare, essential bills, housing, and insurance. While $91,113 may sound like a lot, if you have children and have to pay for childcare, obviously you will have less leftover than a couple with no kids, only one child, or that uses a family member to watch their kids instead of daycare or a nanny.

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Money is something that many of us stress about, but as long as you are near or above the median household income, you shouldn't have too much to worry about, but being well below it could mean some tough financial decisions.

How Your Income Compares to Others in the State of Colorado

From DQYDJ.com, here's some benchmark salaries to meet income brackets in our state. These numbers are income by Colorado household for 2022.

Gallery Credit: Chris Kelly

All the States with A State Income Tax

Looking to find out which states in the U.S. impose a state income tax and what the rate is? Just keep scrolling to see:

Gallery Credit: Toni Gee, TSM

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