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FACT SHEET: Poverty in Colorado

Colorado Poverty Facts:

Child poverty rate is 15.3 and the fastest growing rate in the country (see more info below)
Colorado’s overall poverty rate remains under the national average at 10.6, or nearly a half million Coloradans, though it has gradually increased in recent years.
Colorado’s unemployment rate is currently 5.1%. That’s up from 3.7% in June 2007.
Household incomes declined last year, and have not recovered to pre-2001 recession levels.
More than 772,000 Coloradans do not have health insurance. That’s 16.6%.
According to exhaustive research on the Colorado Self-Sufficiency Standard, one in five households cannot afford to make ends meet.
Xcel shut-offs likely to increase by 33% from 2007. Xcel disconnected 54,000 people in 2007 for delinquent bills. That means they expect 72,000 shut offs in 2008. 1.6 million customers in Colorado. Other utilities told the post that their shut offs are up 25%.

Released August 2008

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