Poverty falls as incomes rise in Colorado, but rent hikes outpace gains

By: Aldo Svaldi, Denver Post

Coloradans earned more money last year and continued to escape poverty in a significant way, but they also paid out much more in rent, according to an update Thursday from the U.S. Census Bureau.

‚ÄúFor the most part, these statistics tell a positive story about the Colorado economy,‚ÄĚ Broomfield economist Gary Horvath said.

Colorado’s poverty rate kept up its stair-step decline last year, dropping to 11.5 percent from a 12 percent rate in 2014,  according to the 2015 American Community Survey.

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