Wallet Hub recently ranked Colorado as the 2nd best state to retire in. Why? They looked at 3 major determining factors: affordability, quality of life, and healthcare and these 3 major factors had a total of 47 separate contributing factors. One factor that really helped our affordability score is our effective tax rate is the ninth-lowest in the country. How? Low income tax rate and incredibly cheap property taxes.
Then you add in all the Millennials who have moved here and are moving here who are getting married and having children (aka grandchildren) and retirees are flocking here.