by North Forty News Staff | NorthFortyNews.com
Strong tech presence, high startup activity, and income levels fuel Colorado’s economic performance
Northern Colorado – As the nation’s economy continues to evolve in the wake of shifting global markets, Colorado has emerged as one of the strongest economic performers in the United States, according to a new report by WalletHub. The state ranked 10th overall in the personal-finance website’s 2025 evaluation of state economies.
WalletHub’s report, released following California’s leap over Japan to become the world’s fourth-largest economy, compared all 50 states and the District of Columbia using 28 indicators of economic performance and strength. These indicators ranged from changes in GDP and nonfarm payrolls to startup activity and high-tech employment.
Highlights of Colorado’s Economic Rankings:
- 9th in Startup Activity
- 7th in Percentage of Jobs in High-Tech Industries
- 5th in Annual Median Household Income
- 22nd in Change in Nonfarm Payrolls
- 28th in Government Surplus/Deficit per Capita
These rankings highlight Colorado’s resilience and forward momentum, particularly in regions like Northern Colorado, where innovation, entrepreneurship, and quality of life are attracting a growing number of professionals, startups, and tech firms. Communities across Larimer and Weld counties are experiencing steady economic growth, further driven by the state’s substantial median income and tech-friendly environment.
To view the full report and rankings, visit WalletHub’s 2025 Best & Worst State Economies
Source: WalletHub