By Paul Pazen and Steven L. Byers

People in Colorado have not directly experienced crime. From property offenses to violent crimes, every crime leaves a traumatized victim. Whether the wounds are physical, psychological, or financial, it is important to acknowledge the profound effects that a crime can have on its victims. At Common Sense Institute, our goal is to address the economic impact of crime while remaining conscious of the suffering that it causes. This report analyzes the cost of juvenile crime in Colorado and its economic impact. This study encompasses the period of 2010 to 2023 and the data comes from Colorado Crime Statistics (2023). Colorado’s juvenile crime trends tell a mixed story. On the one hand, youth crime rates have fallen in the last 15 years as property crime rates fall, follow. On the other hand, violent youth crime has risen. Meanwhile, the number of juveniles arrested and detained has fallen from a combination of alternative sentencing, diversion programs, and increased parole. It is violent crime that costs more. Juvenile crime results in direct or tangible costs including unrecovered stolen property, damaged property, victims’ out-of-pocket medical expenses, the cost of police, courts and correctional institutions, and lost earnings by both victims and juvenile perpetrators who are arrested and convicted. Juvenile crime also inflicts indirect or intangible costs like the pain and suffering of victims, reduced quality of life for everyone, and lower levels of investment and lower property values.i Intangible costs are difficult to measure with precision but, among those who have estimated them, there is a consensus that the intangible cost of juvenile crime far exceeds the tangible cost. Reducing current rates of murder, rape, assault, theft, and robbery by juveniles would produce a wide range of savings and other benefits to families, individuals, property owners and taxpayers. All estimates of the cost of crime in this report are adjusted for inflation and are reported in 2020 dollars so that costs can be compared across years. In 2021, after an extraordinary rise in crime, CSI estimated a total cost of crime of $3.3 billion. 

Greenwood Village, CO: Common Sense Institute, 2024. 30p.