— This article continues our Dueling Retirement States series with another regional comparison. See Further Reading at end for links to other comparisons in the series —
June 22, 2015 — Are you tempted by the lure of mountains for your dream retirement lifestyle? The Mountain States of the U.S. – Colorado, Idaho, Montana, Nevada, Utah, and Wyoming – continue to experience amazing population growth, including from people of retirement age. Colorado’s population, for example, grew by over 1 million people between 2000 and 2014, much of which was net in-migration. Many of these mountain states’ new residents are 20 and 30 somethings who have come for jobs in these growing economies. But another demographic segment flocking to the region for its beauty, outdoor recreation, and in many cases, to be near their adult children, is the huge baby boomer group. The attraction for many of these folks is the opportunity to enjoy magnificent mountain ranges like the Beartooths in Montana, the Sawtooths in Idaho, and the many sub-mountain ranges of the Rockies in Colorado. In this article we will compare and contrast these 6 mountain states: Colorado and Nevada, Idaho, Montana, Utah, and Wyoming (links go to our mini-retirement guides to each state). Population and income data is from American Fact Finder-U.S. Census Bureau.
A Few Facts
Colorado is by far the more populous of the 5 states. The 2014 population there increased to just over 5.35 million from 5 million in 2010, which is a 6.5% increase in just 4 years. There were 2.8 million people in the second most populous state, Nevada, up from 2.7 million in 2010 (+5.1%). Wyoming had the smallest population of the six, which stood at 584,000 in 2014, a 3.6% gain from 2010. Utah enjoyed a significant population increase from 2010 to 2014, 6.5%, double the overall U.S. growth rate. Its population estimate was 2,942,000 in 2014. Idaho had 1,634,000 people in 2014, up 4.3% from 2010. The Montana population was 1.024 million in 2014, up from 989,000 in 2010 (+3.5%). (more…)
Posted by Admin on June 22nd, 2015