This is one of the insights that are shared in the latest Colorado Sun story This focuses on the dynamics of an aging population. The evolution is probably important for the reverse mortgage industry, because the Rocky Mountain Region has been measured by the supplier of reverse mortgage data by the supplier of reversed mortgage data Insight into the opposite market (RMI).
In April 2025, that region had notes at the third highest number of cheaper -pelaxing conversion (HECM). GMFS -Hypotheek And Calcon Mutual Mortgage -These are the Top 25 HECM money shooters, according to RMI-APPLED COLORADO as their states with the highest volume for HECM loans.
The trend to a higher median age of almost 40 within the State represents the reversal of a trend in which the population had become younger according to the report. But the birth rate of the state has also deteriorated, the migration to the state is delayed and people who continue to retire in larger numbers.
Kate Watkins, who became the Demographer of Colorado in December, was Bot in her assessment of this trend.
“It is largely in place,” she told the sun. “And we see lower birth rates in the provinces. Some of our more national provinces tend to have on average slightly higher fertility rates than more metropolitan areas. But we get older across the board.”
By 2050, the state projects that the median age will be 42.4 years old, an increase of 38.5 years now. In the year 2000, the cohort of people aged 60 or older was slightly less than 418,000 inhabitants. In 2025, that number increased to around 1.03 million – and it is expected to reach more than 1.52 million in 2050.
Colorado is nowhere near the oldest state in the Union – a distinction reserved for Maine. But as noted earlier, the third in terms of the fastest growing 60 and old populations, and it is aging faster than most states in head-to-head data.
Colorado is also the home of the fastest growing labor force of employees who are at least 65. This group is currently good for more than 22% of the state’s workforce, the Sun reported.
“The State Demography Office predicts that employees aged 65 and older between 2010 and 2050 more than triple, with employees aged 75 and older Quintupling,” the report explained.
Based on data from American Community Survey (ACS), the number of 60-plus households in Colorado also rose by 37% between 2013 and 2023 to reach around 800,000 households.
