Colorado’s poverty rate rises
DENVER ” The Census Bureau says Colorado’s poverty rate rose nearly a full percentage point to 12 percent last year.
The rate was 11.1 percent in 2005.
More than 556,000 people were below the federal poverty level last year, 52,000 more than the year before.
In contrast, the national poverty rate declined three-tenths of a percentage point to 12.3 percent.
Colorado’s median household income was just over $52,000 in 2006, up about $1,300 from the year before.
Nationwide, the median household income was $48,200, a slight increase.