For the past ten years Denver has seen a
steady increase in population, and for a variety of reasons.
Not only has the state gained 70,500 jobs
between May 2013 and May 2014, but according to recent numbers from the Bureau
of Economic Analysis, we also had the sixth-fastest growing GDP (real gross
domestic product) in the U.S. in 2013. The organization also reported that real
estate and scientific and technical services were the industries that saw the
highest levels of growth in our economy last year.
With populations on the rise in Colorado, the
folks at personal finance website, nerdwallet.com, recently looked at the
driving forces behind the top ten fastest growing cities in the state. By
analyzing population growth, employment growth and income growth, nerdwallet.com
compiled the following list of the fastest growing areas in Colorado. Population growth - growth in the
working-age population from 2009 to 2012. Employment growth – evaluations of growth
in the percentage of employed residents from 2009 to 2012, relative to the
statewide employment growth over the same period. Income growth - growth in the median income
for workers from 2009 to 2012.
Here’s a more detailed breakdown of the
10. Fort Collins
Population Growth: 7.0%; Employment Growth: 0.4%; Income Growth: 7.5% 9. Aurora
Population Growth: 5.5%; Employment Growth: 0.4%; Income Growth: 11.5% 8. Littleton
Population Growth: 1.8%; Employment Growth: 3.8%; Income Growth: 12.4% 7. Castle Rock
Population Growth: 13.4%; Employment Growth: 3.2%; Income Growth: 4.1% 6. Wheat Ridge
Population Growth: 4.6%; Employment Growth: 5.8%; Income Growth: 17.0% 5. Denver
Population Growth: 5.8%; Employment
Growth: 1.6%; Income Growth: 14.3% 4. Northglenn
Population Growth: 7.3%; Employment
Growth: 1.5%; Income Growth: 13.6% 3. Columbine Valley
Population Growth: 4.2%; Employment Growth: 2.3%; Income Growth: 15.8% 2. Security-Widefield
Population Growth: 16.1%; Employment Growth: 1.7%; Income Growth: 14.3% 1. Fountain
Population Growth: 8.7%; Employment Growth: 1.9%; Income Growth: 17.2%
Author:Ken Blevins Phone: 720-255-7242 Dated: August 11th 2014 Views: 1,714 About Ken: Ken Blevins, Chief Executive Officer of Metrowest Real Estate Services, is a veteran in mortgage and...
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