#10
Colorado
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State Facts
Minimum Wage
$11.10
Average Renter Wage
$18.69
2-Bedroom Housing Wage
$25.33
Number of Renter Households
734,527
Percent Renters
35%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$11.10/hr
Each week you
have to work
73HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Colorado | Adams County |
|---|---|---|
| Total | 2,082,531 | 162,508 |
| Renter | 734,527 | 57,282 |
| Percent Renters | 35% | 35% |
| Housing Wage | Colorado | Adams County |
|---|---|---|
| Zero-Bedroom | $17.52 | $19.79 |
| One-Bedroom | $20.20 | $23.15 |
| Two-Bedroom | $25.33 | $29.00 |
| Three-Bedroom | $35.70 | $40.75 |
| Four-Bedroom | $41.66 | $47.33 |
| Fair Market Rent | Colorado | Adams County |
|---|---|---|
| Zero-Bedroom | $911 | $1,029 |
| One-Bedroom | $1,050 | $1,204 |
| Two-Bedroom | $1,317 | $1,508 |
| Three-Bedroom | $1,856 | $2,119 |
| Four-Bedroom | $2,167 | $2,461 |
| Annual Income Needed to Afford | Colorado | Adams County |
|---|---|---|
| Zero-Bedroom | $36,443 | $41,160 |
| One-Bedroom | $42,010 | $48,160 |
| Two-Bedroom | $52,694 | $60,320 |
| Three-Bedroom | $74,250 | $84,760 |
| Four-Bedroom | $86,660 | $98,440 |
| Minimum Wage | Colorado | Adams County |
|---|---|---|
| Minimum Wage | $11.10 | $11.10 |
| Rent Affordable at Minimum Wage | $577 | $577 |
| Work Hours/Week at Minimum Wage | Colorado | Adams County |
|---|---|---|
| Zero-Bedroom | 63 | 71 |
| One-Bedroom | 73 | 83 |
| Two-Bedroom | 91 | 105 |
| Three-Bedroom | 129 | 147 |
| Four-Bedroom | 150 | 171 |
| Renter Wage | Colorado | Adams County |
|---|---|---|
| Estimated Mean Renter Wage | $18.69 | $16.92 |
| Rent Affordable at Mean Renter Wage | $972 | $880 |
| Work Hours/Week at Mean Renter Wage | Colorado | Adams County |
|---|---|---|
| Zero-Bedroom | 37 | 47 |
| One-Bedroom | 43 | 55 |
| Two-Bedroom | 54 | 69 |
| Three-Bedroom | 76 | 96 |
| Four-Bedroom | 89 | 112 |
| Supplemental Security Income (SSI) Payment | Colorado | Adams County |
|---|---|---|
| SSI Monthly Payment | $809 | $809 |
| Rent Affordable to SSI Recipient | $243 | $243 |
| Income Levels | Colorado | Adams County |
|---|---|---|
| 30% of Area Median Income (AMI) | $26,081 | $27,840 |
| Estimated Renter Median Household Income | $44,089 | $45,223 |
| Rent Affordable at Different Income Levels | Colorado | Adams County |
|---|---|---|
| 30% of Area Median Income (AMI) | $652 | $696 |
| Estimated Renter Median Household Income | $1,102 | $1,131 |
Median Wages for Largest Occupations
| Occupation | Total Employment | Median Hourly Wage |
|---|---|---|
| Waiters and Waitresses | 50,390 | $10.35 |
| Food prep workers, fast food | 65,670 | $11.33 |
| Cashiers | 56,710 | $11.62 |
| Personal Care Aides | 27,310 | $11.84 |
| Retail Salespersons | 86,610 | $12.25 |
| Janitors and cleaners | 34,350 | $13.16 |
| Cooks, Restaurant | 32,910 | $13.87 |
| Teacher Assistants | 20,240 | $13.92 |
| Stock Clerks and Order Fillers | 36,530 | $14.05 |
| Laborers and material movers | 29,280 | $14.74 |
| Nursing Assistants | 21,070 | $15.60 |
| Landscaping and Groundskeeping Workers | 22,170 | $15.73 |
| Customer Service Representatives | 48,120 | $16.70 |
| Construction Laborers | 20,910 | $17.29 |
| Secretaries and administrative assistants | 38,610 | $18.21 |
| Office clerks | 41,290 | $18.68 |
| General Maintenance and Repair workers | 23,430 | $19.01 |
| One-Bedroom Housing Wage | $20.20 | |
| Bookkeeping, Accounting, and Auditing Clerks | 27,560 | $20.39 |
| Median Wage | $20.62 | |
| Retail sales supervisors | 19,110 | $21.28 |
| Heavy and Tractor-Trailer Truck Drivers | 22,880 | $22.75 |
| Elementary school teachers | 24,910 | $24.54 |
| Two-Bedroom Housing Wage | $25.33 | |
| Other Sales reps, services | 29,750 | $28.78 |
| Office and admin support supervisors | 20,630 | $28.92 |
| Sales reps, whsl and manufacturing | 26,690 | $31.30 |
| Market Research Analysts and Marketing Specialists | 18,810 | $31.88 |
| Registered Nurses | 51,760 | $35.52 |
| Accountants and Auditors | 36,290 | $35.56 |
| Business operations specialists | 43,800 | $36.51 |
| Software Developers, Applications | 30,400 | $51.18 |
| General and Operations Managers | 39,200 | $52.23 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
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