Like all states, Colorado has certain places that are going on hard times. These Colorado places have an above-average percentage of people living in poverty, out of work, or not making as much as they should be.
Even as the economy continues to improve, it’s worthwhile to look at the places in each state struggling to make ends meet. So we set our sites on locating the poorest places in Colorado.
To do so, we used Saturday Night Science to analyze the newest Census data from the American Community Survey for the 78 cities in Colorado with more than 5,000 people.
What’s the poorest city in Colorado? According to the facts, Trinidad is the poorest place in Colorado for 2023.
This isn’t a commentary on the people that live there or the vibrant culture and traditions of these places. Instead, it’s just a look at the facts.
For more Colorado reading, check out:
- Best Places To Live In Colorado
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The 10 Poorest Cities In Colorado For 2023
Trinidad, unfortunately, ranks as the poorest place in Colorado thanks to combination of low pay and and a lack of jobs.
The city of 8,318 people averages the lowest median household income in Colorado and the 3rd highest poverty rate. At the very least, the cost of living ranks in the bottom 15% of place in the state, so things like housing are relatively affordable.
The second poorest city in Colorado is Gunnison.
The city ranks as having the 2nd highest incidence of poverty and 6th lowest median household income. However, the unemployment rate ‘only’ ranks as the 2highest in the Centennial State.
Placing as the third poorest city, La Junta’s median income ranks as the 9th lowest.
And that’s a sign that there’s a relatively substantial jump in the quality of the economy from second to third place on our list. The poverty rate is 25.416963649322877% and ranks near the bottom of places in the state.
But what makes up for the relatively low incomes of the city is its low cost of living. The income you do make here goes further than in most parts of the Centennial State.
Lamar ranks as the fourth poorest place in Colorado.
The town ranks as having the 4th lowest median household income and the 6th highest incidence of poverty in the state.
That being said, there’s still a ton of cultural diversity in the city as it hosts many events throughout the year.
The fifth poorest city in Colorado is Pueblo.
The city ranks as having the 7th lowest median income in the state. However, an extremely low cost of living prevents a good number of folks from living in poverty as the poverty rate only ranks as the 4th highest in Colorado.
Still not the best news for Pueblo.
Alamosa ranks as the sixth poorest place in the Centennial State.
It ranks as having the 8th highest incidence of poverty and the 4th highest unemployment rate.
Federal Heights places as the seventh poorest city in Colorado.
The city of over 14,111 ranks as having the 7th highest incidence of poverty in the state. However, it has a very low cost of living which helps to pay the bills each month.
Delta ranks as the eighth poorest city in Colorado.
The big issue for the town is the unemployment rate which ranks as the 10th highest in the state.
Craig couldn’t stay out of the top ten poorest places in Colorado; it ranks number 9.
While the median income is the 12th lowest, there are a substantial number of people that live below the poverty line. Overall, Craig ranks as having the 10th most people living in poverty of all the places we analyzed in Colorado.
And rounding out the top ten poorest cities in Colorado is Sterling.
The city of 13,976 people ranks in the bottom 20% for both median income and poverty rate in the Centennial State.
Methodology: How We Determined The Poorest Places In Colorado for 2023
The first thing that comes to most people’s minds when they think about determining the poorest places is to simply the poverty rate. That is, the number of people living below a federally established level of income for a household of a certain size.
However, we don’t think that one statistic wholly encompasses what it means to be one of the “poorest places”. So we used Saturday Night Science to look at this set of criteria from the newly released 2017-2021 American Community Survey:
- Poverty Level
- Median Household Income
After we collected the data for all 78 places with more than 5,000 people in Colorado, we ranked each place from 1 to 78 for each of the criteria, with 1 being the poorest.
We then averaged all the rankings for a place into a “Poor Score” with the place having the lowest overall Poor Score, Trinidad, crowned the “Poorest Place In Colorado For 2023”.
This report has been updated for 2023, which is our tenth time ranking the poorest places in Colorado.
Summary: The Poorest Cities In Colorado For 2023
Like we said earlier, when we set out to identify the poorest places in Colorado, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Colorado.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very bottom of the income ladder for everyone that lives there.
If you’re curious enough, here are the richest cities in Colorado, according to data:
2nd Richest: Superior
3rd Richest: Frederick
For more Colorado reading, check out:
- Richest Cities In Colorado
- Safest Places In Colorado
- Worst Places To Live In Colorado
- Most Expensive Places To Live In Colorado
Detailed List Of The Poorest Places To Live In Colorado
|Rank||City||Population||Poverty Rate||Median Income||People In Poverty|
|74||Cherry Hills Village||6,426||3.7%||$250,001||235|