Colorado
Colorado sees slowest population gain since the oil bust of the late 1980s
Colorado’s population rose by 24,059 people last year, the weakest increase measured since 1990, according to an update Tuesday from the U.S. Census Bureau. The gain, however, was enough to push the state’s population above 6 million for the first time.
Thirty-five years ago, Colorado was among a handful of oil and gas states experiencing a severe recession because of low energy prices, and from 1986 to 1990, more people left the state to pursue better opportunities elsewhere than moved in.
The state economy is chugging along this time around — not great, but not horrible. Yet, it appears high housing costs and slower job growth may be exerting a strong outward push. Last year, the state saw a weakening in its strongest contributor to population growth since the pandemic — immigration.
Nationally, President Donald Trump’s push to curb immigration a year ago lowered the country’s population growth rate from 1% in 2024 to 0.5% in 2025. Colorado’s decrease was even larger, going from a 1.29% growth rate to a 0.4%, a two-thirds decline.
Trump’s immigration crackdown led to drop in US growth rate last year as population hit 342 million
The U.S. Census Bureau measures changes in population from July 1 to June 30 every year in what is called a “vintage.” The strictest immigration policies were in place for only half that period, but they were enough to help push net immigration from 2.8 million people in the prior period to 1.3 million.
If that trend continues, the annual gain from net immigration in the next count, mid-2026, could drop to only 321,000 people, the U.S. Census Bureau estimates.
Colorado’s gain included 20,608 from natural increases, or births minus deaths. Net migration contributed 3,256 residents, with net immigration of 15,356 offsetting a net decline of 12,100 from domestic migration.
The country had an estimated population of nearly 342 million compared to 340 million in the 2024 count. The state’s population rose from 5,988,502 to 6,012,561. Colorado remains the 20th most populous state, behind Maryland and ahead of Wisconsin.
The downward shift was more pronounced in other states. California went from a gain of 232,000 residents in 2024 to a loss of 9,500 people in 2025, due primarily to reduced immigration. Hawaii, New Mexico, Vermont and West Virginia also lost population.
New York added only 1,008 people after a drop in immigration from 207,000 to 95,600. Florida saw its domestic migration drop by nearly two-thirds and immigration dropped by more than half, but it still had one of the largest overall gains, along with Texas and North Carolina.
South Carolina, Idaho and North Carolina had the highest year-over-year population growth rates, ranging from 1.3% to 1.5%.
“Many of these states are going to show even smaller growth when we get to next year,” Brookings demographer William Frey predicted Tuesday.
In 1990, the state added 18,840 residents. But the population is now 80% larger, so the comparison isn’t an even one. Although the pandemic slowed growth, the last time the rate of population growth was so low was in 1989. Only half done, this decade is shaping up to be the slowest the state has seen for growth since the 1980s.
Since 2020, Colorado has seen a net 17,729 people arrive from other U.S. states. By contrast, net immigration, people arriving from other countries, surged by 130,218. Net migration, which historically is 80% domestic and 20% international, has flipped the other way and then some.
Little on the horizon suggests that slower population growth will reverse itself, especially with fewer immigrants and now more outflows than inflows domestically. Demographic winter, long predicted, could be arriving earlier than expected.
On the plus side demographically, births rose 4.6% to 65,380 from the 2023-2024 period, and are now at the highest pace since 2017. Deaths remained fairly flat, rising by 59 or 0.1% from the prior period. That said, the holiday that death can take is limited, given the state’s aging population.
The State Demography Office had forecast a population gain of 33,154 and net migration of 13,568 for 2025. It was off by nearly 10,000, due almost entirely to weaker net migration. Last year, it had cut population forecasts through 2029 by 120,000 residents, and it may need to make more revisions, especially if immigration dries up even more.
What caused domestic migration to turn negative, given the absence of a recession? When someone arrives in a state from another country, they are counted as an international migrant. But if they move to another state, they are counted as a domestic migrant, according to the State Demography Office.
A lot of the international arrivals to Colorado between 2022 and 2025 came on humanitarian grounds and were likely headed elsewhere. And the Census Bureau, which makes no distinction between legal and illegal immigration, has gotten better at counting those arriving as refugees or under a protected status than in the past.
“At least some portion of the domestic out-migration from Colorado is made up of recently arrived international migrants,” the State Demography Office said in a release discussing the Census numbers.
That means a drop in immigration could translate into better numbers on domestic migration in the next estimate.
But an annual survey from United Van Lines, whose customers tend to be older and higher-income households, reported that Colorado last year had become a “strong outbound” state, one of only five, for the first time since 1990. For much of the 2010s, Colorado was a “strong inbound” state, before becoming more balanced after the pandemic.
That would suggest that it isn’t only the newest residents who departed, but also more established and wealthier households who were picking up and leaving.
Slower growth should allow the state to catch up on its housing shortfall, and if population gains are weak enough, reduced demand could even push rents and home prices lower. Apartment rents in Denver are already back to 2022 levels.
Governments could catch up on much-needed infrastructure, but their budgets may also take a hit given that population growth, along with inflation, determines how much additional spending they are allowed each year.
Broomfield economist Gary Horvathsaid slower population gains and slower job gains tend to correlate with each other. Normally, a lack of job opportunities results in slower population growth. But he suggests the situation might be reversed.
“With the exception of health care, in 2025, there was weak job growth in many sectors. If a person is needed to fill a job, and we don’t have that person, the labor market will struggle — not from a lack of demand, but from a lack of supply,” he said.
The Associated Press contributed to this report.
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Colorado
Colorado State football 2026 outlook from national experts
How ESPN projects the rebuilt Pac-12
ESPN names Boise State favorite in rebuilt Pac-12; San Diego State, Fresno State, WSU and Texas State close behind.
Happy college football prediction month!
July is when preseason projections hit for the upcoming season.
The Colorado State football team is approaching the first preseason camp under new coach Jim Mora, which brings hopes of a new beginning after the Rams went 2-10 in 2025.
Here’s a look at how some of the national outlets project the Rams to fare in 2026:
Athlon Sports
The national college football magazine projection for 2026 picks CSU to finish seventh in the eight-team league.
Tight end Juice Vereen is the only Ram Athlon projects to be first-team all-conference. The magazine also lists Vereen as its No. 10 in the top transfers section.
Oklahoma State transfer Hauss Hejny is the No. 3 player in Athlon’s top transfers, with the magazine saying, “Hejny is a former blue-chip recruit who showed promise for the Cowboys.”
The magazine projects Boise State to beat San Diego State in the Pac-12 title game. It does not project a bowl appearance for CSU.
Phil Steele
Steele has one of the most well-known college football preview magazines. He also projects CSU seventh ahead of only Oregon State in the Pac-12.
Steele on the QB room, led by Hejny and UConn transfer K’saan Farrar: “Despite the inexperience, this unit should top last year’s stats.”
Mora will “have to work his magic” in the offensive line room, Steele says, due to just eight career starts within the group. On the defensive line, Steele says that unit is the strength of the team “with great depth.”
Steele says Mora will “craft a run-oriented offense as (tight end) is the strength” and that the offense should “top last year’s numbers by over a TD per game.”
Overall, Steele says CSU is “stronger on both sides of the ball” and that the Rams are improved and “will win more games but it looks like a rebuilding year. Can Mora work another miracle?”
Betting odds
Some early win total betting lines for CSU include BetMGM with an over/under line of 3.5 wins for the Rams and FanDuel listing CSU with a line of 4.5 wins.
ESPN
ESPN’s FPI computer model has the Rams last in the Pac-12 with a win-loss projection of 3.6 wins and 7.5 losses. Basically, that means ESPN’s model projects between three and four regular season wins for CSU.
How do these rankings compare to a year ago?
Offseason projections get trickier every year in this era of college football with immense roster changes each season. That’s especially true in the case of CSU ahead of the 2026 season, where a new head coach means about a 75% roster turnover.
So, projections are to be taken with caution. A look at the picks from a year ago show why.
- Athlon: Projected CSU fifth in the Mountain West, to play for a bowl and that QB Brayden Fowler-Nicolosi “should compete for All-Mountain West honors.”
- Steele: Projected CSU fifth in the MW as well.
- Betting odds: Projected CSU to win six or seven regular season games.
- ESPN: Projected CSU to win six or seven games.
- Reality: In the end, CSU went 2-10, finished last in the MW, Fowler-Nicolosi was benched and eventually left the team, and coach Jay Norvell was fired.
Sports reporter Kevin Lytle can be found on social media on X, Instagram and Threads @Kevin_Lytle and on Bluesky.
Colorado
Colorado buyers gain options as Western Slope housing market rebalances
Colorado’s housing market wrapped up the spring season with more inventory than in previous years, setting up an active summer for buyers — even as economic and political uncertainty continues to drive up prices.
Colorado continued its momentum toward a “balanced and sustainable environment” in May, according to a Colorado Association of Realtors’ market trends report released in June.
Demand remained steady statewide, but buyers gained more choices thanks to higher overall inventory. New listings dropped nearly 14% in May compared to the same month last year, but pending sales increased 7%. This indicates spring buyers were more active than they were in 2025 despite affordability challenges.
“Summer visitors are beginning to arrive, and buyers and sellers are testing the waters for what many expect to be a busy season,” said Dana Cottrell, president of the Altitude Realtors Association, in the report.
Median and average sales prices rose across the state, up 2.7% and 3.3%, respectively, for the month. The median sales price for single-family homes sat at $565,000 — up $15,000 year over year — and $400,000 for condos and townhomes, which saw a modest 1.7% drop. Sellers are, for the most part, receiving close to 99% of a home’s list price, down a feeble -0.1% year over year.
Accompanying May’s higher prices was an increase in the average time a home spent on the market, jumping to 56 days from 53 in 2025.
Although sales were down slightly across the state, inventory remains significantly healthier than the historically low levels of recent years, with 4.3 months of supply statewide.
A balanced real estate market is traditionally indicated by four to six months of supply, measuring the time it would take to sell the current inventory of homes at the existing pace of sales. Anything less than four months would be a seller’s market (demand outpaces supply), while anything more than six would benefit buyers (supply outpaces demand).
While a useful indicator, it can often be unreliable on its own for determining market health in rural Colorado counties due to low sales volume and fragmented property types. Months supply is often over the six-month threshold in ski towns because homes take longer to sell, and don’t automatically point to a buyer’s market.
Rural counties on the Western Slope recorded a larger supply of homes in May for the most part — ranging from 5.5 months supply in Summit County for single-family homes to 10.5 and 8.4 months supply in Pitkin and Grand counties, respectively, according to May 2026 data from the Colorado Association of Realtors.
“Sellers are facing more competition and must price strategically, while buyers see benefit from selection and negotiating power,” the report states. “Overall, the market reflects normalization, with stable pricing, improving affordability and steady buyer activity providing a more sustainable housing environment across the state.”
On the Western Slope, higher inventory brings more negotiation power for buyers, who are becoming more active compared to this time last year. Many buyers are still moving forward despite the combination of rising prices, rising mortgage rates and economic uncertainty.
Western Slope counties see rise in buyer activity
Similar to statewide trends, some mountain towns in Colorado’s western rural counties are seeing higher inventory compared to past years, offering more options for potential buyers.
Grand County, for example, saw sidelined buyers begin re-entering the market after a year of waiting for opportunities to improve, according to Monica Graves, a realtor in the area. These buyers returned to the market with more negotiating power than they’ve had during the last few years.
Sellers in Grand County, on the other hand, are facing increasing competition. As more housing projects pop up around mountain towns, buyers have more inventory to choose from compared to recent spring and summer seasons. The result is steadying demand and a return to a balanced mountain real estate market, according to the Colorado Association of Realtors report.
“May 2026 felt like the market finally woke up from winter,” Graves said in the report. “Resort buyers are still attracted to the area’s year-round recreation and proximity to Denver, but they are taking longer to make decisions.”
Steamboat Springs saw a similar trend in May, with higher year-over-year inventory despite entering 2026 with fewer new listings across all property types. Single-family inventory was down 4.5% and multi-family inventory was down 21.9% compared to last year, the report states.
Sales for single-family homes were stronger to end the spring season, but homes took longer to sell, averaging 90 days on the market year-to-date.
Summit County’s spring inventory also remained above the “extremely limited levels” seen during the pandemic years, according to Cottrell, giving buyers more options and negotiating power. Single-family home sales were up 27% with a 20% bump in listings in May 2026 compared to 2025, while multi-family homes saw a 32% drop in sales and a 15% decline in new listings.
Listings were mostly down for counties across other parts of the north-central mountains, with Eagle, Garfield and Pitkin counties seeing fewer new listings for single-family homes. All except Pitkin County saw a rise in inventory compared to last May, accompanied by a lengthening of days on market to over 100 days. Pitkin County properties spent the longest on the market before selling, rising 10% to 228 days, according to data from the Colorado Association of Realtors.
Interest is high, but what about pricing?
Whether Western Slope counties saw housing prices rise or drop varied significantly from town to town. However, more expensive price tags don’t seem to be slowing buyers down heading into the summer selling season — for now.
The median price for single-family homes dropped to $965,000 in Grand County from $990,000, while the median list price in Winter Park hit $1.2 million.
“Well-priced properties moved, while homes that missed the mark on pricing tended to sit longer,” Graves said. Homes in Winter Park averaged around 51 days on market in May — lower than the statewide average — while those in Granby averaged 78 days despite significantly lower pricing. Graves added that, in places like Granby, homes offering updated finishes, views or short-term rental potential generated the strongest interest.
Prices across Summit County went up compared to last spring. The average price for single-family homes rose 6% to $2.68 million in May 2026, while multi-family home prices saw a larger 19% jump, hitting $1.07 million.
The most expensive home sold in the county was a $13 million home in Breckenridge. This continued strength in pricing demonstrates that demand for mountain living remains firmly intact, with many buyers still moving forward despite economic uncertainty, Cottrell said.
In Steamboat Springs, multi-family homes — which matched last year’s May closings at 26 — saw median and average sales prices increase to $1.96 million and $2.24 million, respectively. Across Routt County, median sales prices jumped 62% for single-family homes and 156% for townhomes and condos, more than doubling from their May 2025 median price of $640,000 to hit $1.64 million.
Across Eagle, Garfield and Pitkin counties, changes in pricing differed by property type. All three counties recorded a drop in the median sales price for single-family homes, with the greatest drop coming from Pitkin County: 58.5% for a median price of $5.5 million in May 2026. The average sales price also dropped from $12.9 to $12.6 million, while townhomes and condos saw a 50% increase in average sales price, bumping up the cost from $2.99 million to $4.5 million.
Could rising mortgage rates scare away potential buyers?
A major market element that could influence buyer activity heading deeper into the summer season is rising mortgage rates.
In February, Western Slope housing markets were reporting an uptick in buyer inquiries due to sinking mortgage rates. Rates had trended downward throughout the first few months of 2026, after home loan rates hit their lowest point in three years in early January.
As of July 2, 30-year mortgage rates have climbed to 6.51%, reversing what had once improved the sentiments of buyers who had been sidelined by affordability concerns.
Rates began increasing following the start of the war in Iran and the closing of the Strait of Hormuz. Rising inflation has only further elevated mortgage rates, though they’ve managed to remain below the 7% reached in early 2025, according to reporting by the Wall Street Journal.
With recent rate fluctuations, it remains to be seen whether rates will dampen buyer enthusiasm during Colorado’s peak season for buyers.
Colorado
New Colorado wildfire sparks evacuations south of Steamboat Springs
A new wildfire sparked Sunday in northern Colorado’s mountains, forcing evacuations near Stagecoach State Park in Routt County, according to county officials.
The Green Ridge fire was discovered Sunday near the Stagecoach Reservoir, according to Routt County officials. That’s roughly 17 miles south of Steamboat Springs.
As of Sunday afternoon, mandatory evacuations had been ordered for an area bordered to the west by Stagecoach Reservoir, to the south by Woodchuck Hill, to the east by Service Creek and to the north by Blacktail Mountain, according to the Routt County evacuation map.
Pre-evacuations were also in place at that time for an area west of the mandatory evacuation zone. That area was bordered to the north by Stagecoach Reservoir, to the west by Routt County Road 16 and to the south by Routt County Road 212 and Cheyenne Trail.
The wildfire was last mapped at 7 acres with no containment, according to the National Interagency Fire Center. Information on the cause of the fire was not immediately available.
This is a developing story and may be updated.
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