HomeGuidesCompare marketsColorado vs Minnesota

Colorado vs Minnesota: contractor markets, side by side

Colorado has 7,631 active licensed contractors across the trades we cover; Minnesota has 16,386 about 2.1× fewer licensed contractors. Counts come from the Colorado Division of Professions and Occupations (DORA) and the Minnesota Department of Labor and Industry (DLI); market figures are U.S. Census aggregates.

 ColoradoMinnesota
Active licensed contractors7,63116,386
Licenses per 10k residents13.228.8
Residents5,771,1585,695,830
Households2,500,2192,494,239
Median household income$92,748$88,902
Building permits (2025)33,75420,947
Top city by licensesDenverMinneapolis

Minnesota is the denser market: 28.8 active licenses per 10k residents against 13.2 in Colorado. Density cuts both ways — more contractors to sell to per square mile, and more competition per job for the contractors themselves.

Household income runs higher in Colorado — $92,748 median against $88,902 in Minnesota — which generally shows up in project budgets and ticket sizes.

Trade by trade

TradeColoradoMinnesota
Electricians4,6373,037
Plumbers2,9941,882
HVAC Contractors4,713
General Contractors14,761
Roofing Contractors173

Counts are active licenses only, from each state's license board. A “—” means that board doesn't issue a statewide license for the trade, not that the trade doesn't exist there.