Why People Are Coming to and Leaving Colorado

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Why People Are Coming to and Leaving Colorado
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A lot of rich people are coming to Colorado, and many less-rich folks are leaving.

Earlier this summer, the financial websitehighlighted the states where high-earning households are relocating. Among destinations for individuals on the move with incomes of $200,000-plus , Colorado finished seventh in the nation, with a net gain of 2,624 people in this category during 2020.separate SmartAsset roundup

. Many counties grouped near the top of the roster were mountain areas anchored by spendy resorts — and the top finisher, Pitkin County , not only bested the competition in the state by a considerable margin, but finished as the fourth-richest in all of America, behind only Teton in Wyoming; New York, New York; and San Mateo in California.

United Van Lines stats from 2021, the most recent year for which information is available, showed that nearly half of those who moved to Colorado that year — 47.89 percent — had incomes of $150,000 or more. Meanwhile, more people with incomes between $0 and $49,999, as well as $50,000 to $74,999, left Colorado than came here.

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