Economics Data

Per Capita Income (in 2012 dollars adjusted for inflation)

Year Routt Colorado U.S.
2005 $54,971 $46,868 $43,522
2006 $57,022 $47,804 $44,792
2007 $58,856 $48,257 $45,466
2008 $57,162 $47,794 $45,172
2009 $53,961 $45,804 $43,450
2010 $52,095 $45,464 $43,727
2011 $57,090 $46,675 $44,679
2012 $59,171 $47,845 $45,643
2013 $62,665 $47,504 $45,159
2014 $63,613 $48,869 $46,049
Growth 2005 - 2014 15.7% 4.3% 5.8%


Source: Bureau of Economic Analysis


Sources of Personal Income as a Percentage

  Routt Colorado U.S.
Labor  55% 64% 63%
Non-Labor  45% 36% 37%


Source: Bureau of Economic Analysis


Median Household Income

  Routt Colorado U.S.
  $61,095 $59,448 $53,482


Source: U.S. Census Bureau American Community Survey

Median Family Income

  Routt Colorado U.S.
  $76,910 $73,817 $65,443


Source: U.S. Census Bureau American Community Survey

Distribution of Household Income

  Routt Colorado U.S.
Number of Households 9,573 1,998,314 116,211,092
Less than $10,000 4% 6% 7%
Between $10,000 to $14,999 4% 4% 5%
Between $15,000 to $24,999 11% 9% 11%
Between $25,000 to $34,999 8% 10% 10%
Between $35,000 to $49,999 16% 13% 14%
Between $50,000 to $74,999 17% 18% 18%
Between $75,000 to $99,999 16% 13% 12%
Between $100,000 to $149,999 15% 15% 13%
Between $150,000 to $199,999 4% 6% 5%
Between $200,000 or more 5% 6% 5%


Source: U.S. Census Bureau American Community Survey

Distribution of Employment by Major Industry Type

  Routt Colorado U.S.
Civilian employed population 16 years and over 13,738 2,560,703 143,435,233
Agriculture, forestry, fishing and hunting, and mining 6% 2.5% 2%
Construction 10.1% 7.4% 6.2%
Manufacturing 2.5% 7.1% 10.4%
Wholesale trade 2.7% 2.6% 2.7%
Retail trade 7.9% 11.2% 11.6%
Transportation and warehousing, and utilities 4.9% 4.5% 4.9%
Information 2.6% 3% 2.1%
Finance and insurance, and real estate and rental and leasing 8.7% 7% 6.6%
Professional, scientific, and mgmt., and administrative and waste mgmt. services 9.3% 13.3% 10.9%
Educational services, and health care and social assistance 17.5% 20.4% 23.2%
Arts, entertainment, and recreation, and accommodation and food services 18.4% 10.9% 9.5%
Other services, except public administration 5.8% 5.1% 5%
Public administration 3.6% 5% 4.9%


Source: U.S. Census Bureau American Community Survey


Average Wage Per Job 2014

Year Routt Colorado U.S.
2014 $44,876 $52,728 $51,896


Source: Bureau of Economic Analysis


Percent Population below & above Federal Poverty Level for an Individual

  Routt Colorado U.S.
Under .50 4.7% 5.9% 7.0%
.50 to .74 2.9% 3.4% 4.1%
.75 to .99 2.4% 4.0% 4.7%
1.00 to 1.24 2.6% 4.3% 4.8%
1.25 to 1.49 4.1% 4.3% 4.9%
1.50 to 1.74 4.2% 4.5% 4.9%
1.75 to 1.84 0.9% 1.7% 1.8%
1.85 to 1.99 1.9% 2.4% 2.7%
2.00 to 2.99 17.0% 16.0% 16.7%
3.00 to 3.99 13.2% 13.7% 13.3%
4.00 to 4.99 16.6% 10.8% 10.0%
5.00 and over 29.5% 28.7% 25.0%

 

Percent of Population Living Below and Above the Poverty Level

  Routt Colorado U.S.
Below  10.0% 13.3% 15.8%
Above 90.0% 86.7% 84.2%


Source: U.S. Census Bureau American Community Survey


Annual Unemployment Rate

Year Routt Colorado U.S.
2001 2.9% 3.8% 4.7%
2002 3.8% 5.7% 5.8%
2003 4.6% 6.1% 6.0%
2004 4.0% 5.6% 5.5%
2005 3.7% 5.1% 5.1%
2006 3.2% 4.3% 4.6%
2007 2.6% 3.8% 4.6%
2008 3.4% 4.8% 5.8%
2009 7.3% 8.1% 9.3%
2010 9.5% 8.9% 9.6%
2011 8.2% 8.3% 8.9%
2012 7.1% 7.8% 8.1%
2013 5.8% 6.8% 7.4%
2014 4.2% 5.0% 6.2%


Source: Bureau of Labor Statistics

Self-Employment Income

  Routt Colorado U.S.
Percentage of Households 20% 13% 10%
Average Salary $34,765 $30,980 $33,346


Source: US Census Bureau American Community Survey

Travel Time To Work

  Routt Colorado U.S.
Total Commuters 11,749 2,322,552 132,803,045
Less than 5 minutes 9% 4% 3%
Between 5 to 9 minutes 23% 11% 10%
Between 10 to 14 minutes 21% 14% 14%
Between 15 to 19 minutes 16% 16% 15%
Between 20 to 24 minutes 9% 15% 15%
Between 25 to 29 minutes 4% 6% 6%
Between 30 to 34 minutes 13% 14% 14%
Between 35 to 39 minutes 1% 3% 3%
Between 40 to 44 minutes 2% 4% 4%
Between 45 to 59 minutes 4% 7% 8%
Between 60 to 89 minutes 1% 4% 6%
Between 90 or more minutes 1% 2% 3%


Source: U.S. Census Bureau American Community Survey

Comparable Cost of Living

  Routt Colorado U.S.
Overall 132 115 100
     Food  102 97 100
     Housing 201 148 100
     Miscellaneous 99 104 100

Source: ACCRA Cost of Living Index / July 2012

The ACCRA Cost of Living Index is a measure of living cost differences among urban areas in the United States compiled by the Council for Community and Economic Research. First published in 1968, the index compares the price of goods and services among areas that participate in their surveys. The index is widely used by economists, researchers and corporations to measure relative cost of living. Cost of living indices are based on a U.S. average of 100. An amount below 100 means the area is cheaper than the U.S. average. A cost of living index above 100 means the area is more expensive overall.