Demographics and Statistics
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 |
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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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