The Colorado Sun highlights the state's demographic shift towards an aging population, influenced by declining birth rates and slowed migration. By 2050, Colorado's median age is projected to reach 42.4 years, with the population of seniors over 60 expected to grow substantially from 1.03 million in 2025 to 1.52 million by 2050. The state is experiencing a trend of 'aging in place' and has the fastest-growing labor force of workers aged 65 and older, indicating significant shifts for sectors like reverse mortgage finance.
"It's largely aging in place... but across the board, we're aging in place." - Kate Watkins.
"In 2025, the cohort of people who were 60 or older constituted just under 418,000 residents. In 2025, that number has risen to roughly 1.03 million."
"The trend toward a higher median age of nearly 40 within the state represents the reversal of a trend where the population had been getting younger."
"By 2050, the state projects that the median age will be 42.4 years, up from 38.5 years now."
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