Demographics and Statistics




Demographics

Demographics - Population

Population
1970 1980 1990 2000 Current
16,887 30,244 37,374 50,608 60,545
Source:U.S. Census Bureau and City of Loveland http://www.ci.loveland.co.us/ecodec/loveland_profile.htm

Forbes/Milken Institute ranked the Loveland area 49th out of 200 "Best Places for 2002" (Sources: City of Loveland, http://www.ci.loveland.co.us/ecodec/loveland_profile.htm)

Northern Colorado encompasses much of Larimer and Weld counties, with more than 621,073 people that live within a 30-mile radius of Loveland (the intersection of I-25 and State Highway 34). (Source: Claritas, Inc - 2002 Estimate)

It is a young population, with a median age of about 32 years. The largest percentage of the population is in the midst of the prime working years, with 53.6% between the ages of 18 and 65. (Source: U.S. Census Bureau - State and City QuickFacts, 2000)

Household numbers in the region have grown steadily over the past decade with population increases of 3% annually. It is a well-educated, knowledge-based population as well: 90.4% of Loveland residents have a high school degree and 27.5% have a Bachelor's degree or higher. (Source: U.S. Census Bureau - State and City QuickFacts, 2000)

The active lifestyle this region inspires defines its population. Northern Colorado communities draw energetic, motivated people attracted to the diverse career, recreation and education opportunities the region holds. Residents are among the nation's best educated: Colorado has the highest educated workforce in the U.S. They are youthful and enjoy a variety of recreational activities.

People QuickFacts Loveland Colorado
Population, 2000 50,608 4,301,261
Population, percent change, 1990 to 2000 34.9% 30.6%
Persons under 5 years old, percent, 2000 7.0% 6.9%<
Persons under 18 years old, percent, 2000 26.9% 25.6%
Persons 65 years old and over, percent, 2000 12.5% 9.7%
Female persons, percent, 2000 51.0% 49.6%
White persons, percent, 2000 (a) 92.9% 82.8%
Black or African American persons, percent, 2000 (a) 0.4% 3.8%
American Indian and Alaska Native persons, percent, 2000 (a) 0.7% 1.0%
Asian persons, percent, 2000 (a) 0.8% 2.2%
Native Hawaiian and Other Pacific Islander, percent, 2000 (a) Z 0.1%
Persons reporting some other race, percent, 2000 (a) 3.2% 7.2%
Persons reporting two or more races, percent, 2000 2.0% 2.8%
Persons of Hispanic or Latino origin, percent, 2000 (b) 8.6% 17.1%
Living in same house in 1995 and 2000', pct age 5+, 2000 45.2% 44.1%
Foreign born persons, percent, 2000 3.4% 8.6%
Language other than English spoken at home, pct age 5+, 2000 7.8% 15.1%
High school graduates, percent of persons age 25+, 2000 90.4% 86.9%
Bachelor's degree or higher, pct of persons age 25+, 2000 27.5% 32.7%
Mean travel time to work (minutes), workers age 16+, 2000 23.0 24.3
Housing units, 2000 20,299 1,808,037
Homeownership rate, 2000 69.4% 67.3%
Median value of owner-occupied housing units, 2000 $155,900 $166,600
Households, 2000 19,741 1,658,238
Persons per household, 2000 2.55 2.53
Median household income, 1999 $47,119 $47,203
Per capita money income, 1999 $21,889 $24,049
Persons below poverty, percent, 1999 5.7% 9.3%
(a) Includes persons reporting only one race
(b) Hispanics may be of any race, so also are included in applicable race categories
Source: U.S. Census Bureau, Colorado Quick Facts http://quickfacts.census.gov/qfd/states/08/0846465.html


Business QuickFacts Loveland Colorado
Manufacturers shipments,1997 ($1000) 1,260,808 40,012,820
Wholesale trade sales, 1997 ($1000) 186,434 60,310,393
Retail sales, 1997 ($1000) 613,525 40,536,034
Retail sales per capita, 1997 $13,401 $10,417
Accommodation and food services sales, 1997 ($1000) 53,943 6,710,540
Total number of firms, 1997 5,140 410,249
Minority-owned firms, percent of total, 1997 4.6% 9.0%
Women-owned firms, percent of total, 1997 25.5% 28.0%
Source: U.S. Census Bureau, Colorado Quick Facts http://quickfacts.census.gov/qfd/states/08/0846465.html


Geography QuickFacts Loveland Colorado
Land area, 2000 (square miles) 25 103,718
Persons per square mile, 2000 2,059.7 41.5
FIPS Code 46465 08
Source: U.S. Census Bureau, Colorado Quick Facts http://quickfacts.census.gov/qfd/states/08/0846465.html

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Demographics - Economy

In 2003, Larimer County residents earned an annual average wage of $34,788, with 52% of the workforce exceeding that number. The highest average Larimer County wage was $64,636 in the "Manufacturing" sector. The lowest average wage was $11,804 in the "Accommodations and Food Services" sector. (Source: Colorado Labor and Employment, Colorado Employment Wages (ES202), Annual Average 2003)

City of Loveland Chamber of Commerce Retail Sales Tax (Cash Basis) 2003-2004 Comparison
Month 2003 2003 YTD 2004 2004 YTD Year to Date +/-over 2003 Current Month +/-over 2003
January** $2,337,895 $2,337,895 $2,553,911 $2,553,911 9.24% 9,24%
February $1,532,181 $3,870,076 $1,689,248 $4,252,159 9.87% 10.84%
March $1,482,046 $5,352,122 $1,619,174 $5,871,333 9.70% 9.25%
April* $1,772,700 $7,124,822 $1,914,029 $7,785,362 9.27% 7.97%
May $1,705,161 $8,829,983 $1,762,794 $9,548,156 8.13% 3.38%
June $1,793,656 $10,623,639 $1,871,482 $11,419,637 7.49% 4.34%
July* $1,977,692 $12,601,331 $1,983,807 $13,403,445 6.37% 0.31%
August $1,895,626 $14,496,957 $1,966,227 $15,369,672 6.02% 3.72%
September $1,862,848 $16,359,805 $1,894,008 $17,263,680 5.52% 1.67%
October* $1,986,155 $18,345,960 $1,976,443 $19,240,123 4.87% -0.49%
November $1,714,520 $20,060,480 $1,840,710 $21,080,833 5.09% 7.36%
December $1,742,443 $21,802,923 $1,864,052 $22,944,885 5.24% 6.98%
** - Indicates quarterly returns also included * - Indicates quarterly and yearly returns also included
Source: City of Loveland, Sales Tax Administration, released January 13, 2005

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Demographics - Regional Labor Force

One of the best natural resources in Loveland is its enthusiastic, well-educated workforce. The influence of regional colleges and universities is undeniable. Many graduates, enamored with the area because of its rich culture and recreational opportunities, make the decision to stay. They provide an excellent pool of employees for high-tech or management positions.

The area is also well known for its numerous high-tech employers, which draw a wealth of knowledge-based employees. Those employees and their families add an additional appeal to this community, as they represent a rich pool of potential workers.

Mobile Workforce
Northern Colorado commands the second largest labor force in Colorado, just behind that of the Denver Metropolitan Area to the south.

The region's workforce is a fluid one. Transportation corridors linking Northern Colorado communities make it possible for workers to choose to live in one community and work in another, while their spouses may work in a third.

(Source: North Front Range 2002 Household Travel Survey. Graphic Courtesy of Loveland Reporter-Herald: Sheila Reinhardt. Published in the Loveland Reporter-Herald March 17, 2002)

Civilian Labor Force and Unemployment Rates December 2004 
(not seasonally adjusted)
City Labor Force Employed Unemployed Rate
Fort Collins/Loveland MSA 154,389 146,685 7,704 5.0%
Fort Collins 74,421 70,456 3,965 5.3%
Loveland 29,292 27,898 1,394 4.8%
Colorado 2,535,965 2,408,343 127,622 5.0%
United States 148,203,000 140,156,000 8,047,000 5.4%
Source: Colorado Department of Labor & Employment and Larimer County Workforce Center http://www.coworkforce.com/lmi


Larimer County Employment by Sector
Annual Average 2003
Sector NAICS Establishments Employment Wages Average Weekly Wage
Total All Industries   9,041 120,046 $4,178,451,947 $669
Private   8,947 98,318 $3,326,679,480 $651
Agriculture, Forestry, Fishing/Hunting 11 67 707 $17,359,292 $472
Mining 21 26 319 $11,808,076 $716
Utilities 22 13 16 $10854,077 $966
Construction 23 1344 9,416 $346,060,516 $707
Manufacturing 31-33 441 14,838 $959,209,046 $1,243
Wholesale Trade 42 525 2,824 $116,223,866 $791
Retail Trade 44-45 1,195 15,922 $352,001,615 $425
Transportation & Warehousing 48-49 181 2,234 $69,311,561 $597
Information 51 188 2,447 $97,168,856 $764
Finance & Insurance 52 479 3,190 $140,184,036 $845
Real Estate, Rental & Leasing 53 452 2,047 $54,676,193 $514
Professional & Technical Services 54 1,149 6,246 $287,087,506 $884
Management of Companies & Enterprises 55 32 165 $7,903,616 $921
Administrative & Waste Services 56 526 6,923 $176,529,469 $490
Educational Services 61 103 958 $21,392,527 $429
Health Care & Social Assistance 62 722 11,886 $408,777,894 $661
Arts, Entertainment & Recreation 71 147 1,743 $22,677,654 $250
Accommodations & Food Service 72 725 13,190 $155,675,918 $227
Other Services 81 633 3,044 $71,661,100 $452
Non-Classified 99 4 2 $94,663 $910
Government   94 21,728 $851,772,467 $754
Source: Colorado Department of Labor and Employment,Colorado Employment and Wages (ES202) Annual Average 2003

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Demographics - Housing

Loveland continues to offer high quality housing in a competitive market. In a community where growth is continuing at a steady pace, new housing developments are being constructed in all corners of city. Home values, whether brand new or a turn of the century classic, prices are steadily increasing.

Loveland-Fort Collins Area Rated #2 in U.S. for 20-Year Income Growth. According to a new study by American City Business Journals, annual incomes in the Fort Collins/Loveland Metropolitan Statistical Area (MSA) grew by more than 180% between 1982 and 2002, the latest year for which official figures are available. The study considered not only the overall 20-year growth rate of incomes, but also the consistency of the growth rate within the 20-year period. Listed below are the five fastest growing income areas and the 5 slowest growing income areas of the 170 MSAs analyzed in the study.

Per Capita Income Growth 1982-2002
Fastest Growing Incomes Slowest Growing Incomes
1. Boulder, Colorado 1. Flint, Michigan
2. Fort Collins/Loveland, Colorado 2. Atlantic City, New Jersey
3. Bridgeport, Connecticut 3. Rockford, Illinois
4. Santa Cruz, California 4. Stockton, California
5. Boston, Massachusetts 5. Modesto, California
Note: Of the five fastest growing income areas in the U.S., the median price of a single-family home in Fort Collins/Loveland is less than 60% of the price of homes in the other four areas.

Northern Colorado a "Best Buy" for Real Estate
If you want to live on the Front Range of Colorado (especially from Denver north), home prices are the most affordable in Larimer and Weld Counties. Here's a list of average home prices through September of 2004 for selected Front Range Cities:

Average Home Prices
January 1 - September 30, 2004
City Single Family Condo/Townhome
Boulder $528,060 $247,808
Superior $374,955 $212,594
Lafayette $347,955 $190,833
Louisville $332,173 $181,691
Denver Metro $299,100 $181,200
Fort Collins $257,941 $158,142
Windsor $247,758 $169,094
Loveland $245,207 $179,693
Greeley/Weld $209,277 $148,762
Source: Information Real Estate Services (IRES) and Metro-List


Average Residential Rent/Vacancy Rates
City Average Rent Vacancy Rate
Fort Collins $723 11.0%
Loveland $746 12.5%
Source: Colorado Department of Local Affairs
(Third quarter 2004 Apartment Markets)


Commercial Vacancy Rates
City Office Retail Industrial
Fort Collins 11.9% 4.3% 4.6%
Loveland 5.7% 1.9% 3.4%
The Group Inc., Real Estate Insider, Vol. 28, No. 10, December 2004
(Third quarter 2004 Apartment Markets)

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Demographics - Education

World-class education and training is of primary importance in Northern Colorado. Private and public schools from preschool through graduate school consistently produce high-achieving students.

School District Statistics (January 2005)
Type Thompson
Elementary and preschools 18
Middle schools 5
High schools and secondary programs 5
Teachers and other licensed professionals 900
Average years of teaching experience 11.2
Licensed Employees 1,100
Classified staff 850
Source: Thompson School District *59% of the teaching staff holds Masters degrees or higher


11thGrade Colorado ACT Test Results - Spring 2004
  English Math Reading Science Reasoning Composite
Thompson School District Average Scores 18.3 19.1 20.0 19.5 19.4
State Average Scores 17.8 18.8 19.1 18.8 18.8
Note: Data from all records, including Not Tested (incomplete scores). Source: Thompson School District R2-J

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Demographics - Transportation

Loveland is ideally located for access to major air, motor and rail arteries, with Denver's International Airport (DEN) approximately one hour away.

Motor connections can be easily made with Interstate 25 (north-south artery) adjacent to the city. Connection to Interstate 80 (east-west artery) is just 40 miles to the north. Interstate 70 (east-west artery) can be reached just 60 miles to the south.

E470 is now complete from I-25 (south of the Hwy. 7 exit) to DIA. This route has two Tolls ($3.50 total) and is a longer distance to travel. The benefit is that the toll way is not as congested and usually makes for a faster route.

Air
DIA, Denver International Airport: Approximately 55 miles (56 minutes) from Loveland
General Aviation Airports: Fort Collins/Loveland Airport

Rail
Freight: Burlington Northern, Great Western, and Union Pacific

Local Transportation
City of Loveland Transit (C.O.L.T.) offers a fixed route bus transportation from 6:38 a.m. to 6:38 p.m. Monday through Saturday throughout the City of Loveland covering the downtown area and extending to the outer city limits. All C.O.L.T. vehicles are equipped with a wheelchair lift for persons with disabilities. The bus is also equipped with a bike rack for two bicycles, so you can take your bike with you at no additional cost. Paratransit Service offers door-to-door transportation services within Loveland's city limits for individuals who cannot use regular bus service. This service is available to anyone over the age of 60 and to disabled individuals of any age. Paratransit's goal is to provide independence and mobility for those who might otherwise be socially isolated. For JitterBus & Tango schedules, routes, & fares, please call 970-962-2700 or www.ci.loveland.co.us/PublicWorks/Transit/bus.htm

The Fox Trot bus provides connections between Loveland and Fort Collins. For schedule and information, please call 970-221-6620 or 970-962-2427 or www.fcgov.com

Taxi Service 970-224-2222
Limousine Service 970-669-9049, 970-493-7778 or 970-226-6886
Security Bus Service - Loveland to DIA 800-554-5111
Shamrock Airport Express 970-482-0505
 
  • Pick-Up $21.00 Per Person (prices subject to change)
  • Hwy. 34 and Van Buren
  • 25th & Lincoln, and the Hampton Inn
  • Home pick-up $5.00 extra
Shamrock Taxi/Courier Service 970-667-6767
DIA Express 970-482-0505
Fort Collins-Loveland Airport 970-962-2850

If you like to save time, money, and stress; take advantage of the SmartTrips program. SmartTrips programs are a cooperative effort in Northern Colorado to promote transportation choices that reduce the impacts of driving alone. For information on free carpool matching and convenient VanGo service for long-distance commutes, please call 970-221-6243 or www.smarttrips.org

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