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Colorado 5th best economy in the nation

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According to WalletHub, Colorado is the 5th best economy in the nation right now.

WalletHub’s analysts compared all 50 states and the District of Columbia in three categories: Economic Activity, Economic Health and Innovation Potential.

The scale went from 1 being best, to 25, meeting at average in the nation. Here's how Colorado placed.

Economy of Colorado (1=Best-Performing; 25=Avg.) 

  • 5th – GDP Growth
  • 17th – % of Fast-Growing Firms
  • 4th – Business Startup Activity
  • 6th – % of Jobs in High-Tech Industries
  • 15th – Annual Median Household Income
  • 5th – Nonfarm Payrolls Change
  • 26th – Immigration of U.S. Knowledge Workers
  • 1st – Unemployment Rate

To read more about the findings and see what states scored higher than Colorado, go here. https://wallethub.com/edu/states-with-the-best-economies/21697/#main-findings

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