Thursday, February 25, 2010

Colorado cities among the nation's richest, and poorest

Some interesting new number crunching shows vast differences among Colorado's major cities when it comes to wealth.

The numbers, compiled by portfolio.com and the Bizjournals chain of business newspapers, show the Denver suburb Centennial is the wealthiest city in the state and the 37th wealthiest nationally. An estimated 11 percent of households in Centennial have annual incomes of $200,000 or more.

Pueblo, meanwhile, has the least wealth among Colorado's major cities. The Steel City ranks 393rd in wealth among 420 cities surveyed in the study. Only 1.5 percent of households in Pueblo have annual incomes of $200,000 or more.

The study accounted for several other measurements of wealth to arrive at its rankings. Find details and a searchable database at the Buffalo Business First newspaper.

The policy implications arising from such big disparities are huge. But we at the Colorado Center on Law and Policy discuss such things all the time. How about readers offering suggestions for how public policies could be shaped in response to wealth disparities? Post your ideas in the comments section with this blog.

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