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Fort Morgan City, Colorado Economic Analysis

   (County: Morgan County)

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Economic Analysis

People and the communities they live in depend on money. The people of Fort Morgan City, Colorado need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Colorado

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.02 5.67 4.49 7.28 0.00 5.89
  Total Electric Industry 7.02 5.67 4.49 7.28 0.00 5.89
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.07 5.73 4.56 7.34 0.00 5.95
  Total Electric Industry 7.07 5.73 4.56 7.34 0.00 5.95
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.20 5.77 4.59 7.61 0.00 6.02
  Total Electric Industry 7.20 5.77 4.59 7.61 0.00 6.02
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.24 5.82 4.52 7.72 0.00 6.05
  Total Electric Industry 7.24 5.82 4.52 7.72 0.00 6.05
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.36 6.00 4.58 7.43 0.00 6.07
  Total Electric Industry 7.36 6.00 4.58 7.43 0.00 6.07
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.42 6.07 4.52 7.87 0.00 6.12
  Total Electric Industry 7.42 6.07 4.52 7.87 0.00 6.12
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.49 5.93 4.35 7.69 0.00 6.05
  Total Electric Industry 7.49 5.93 4.35 7.69 0.00 6.05
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.42 5.77 4.28 8.00 0.00 5.95
  Total Electric Industry 7.42 5.77 4.28 8.00 0.00 5.95
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.45 5.67 4.34 7.92 0.00 5.95
  Total Electric Industry 7.45 5.67 4.34 7.92 0.00 5.95
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.38 5.61 4.38 8.23 0.00 5.95
  Total Electric Industry 7.38 5.61 4.38 8.23 0.00 5.95
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.31 5.55 4.25 7.77 0.00 5.88
  Total Electric Industry 7.31 5.55 4.25 7.77 0.00 5.88
2001              
  Full-Service Providers 7.47 5.67 4.48 8.36 0.00 6.02
  Total Electric Industry 7.47 5.67 4.48 8.36 0.00 6.02
2002              
  Full-Service Providers 7.37 5.67 4.52 6.64 0.00 6.00
  Total Electric Industry 7.37 5.67 4.52 6.64 0.00 6.00
2003              
  Full-Service Providers 8.14 6.60 5.10 0.00 7.32 6.77
  Total Electric Industry 8.14 6.60 5.10 0.00 7.32 6.77
2004              
  Full-Service Providers 8.42 6.89 5.11 0.00 5.81 6.95
  Total Electric Industry 8.42 6.89 5.11 0.00 5.81 6.95
2005              
  Full-Service Providers 9.06 7.62 5.74 0.00 5.01 7.64
  Total Electric Industry 9.06 7.62 5.74 0.00 5.01 7.64
2006              
  Full-Service Providers 9.02 7.50 5.88 0.00 7.78 7.61
  Total Electric Industry 9.02 7.50 5.88 0.00 7.78 7.61

(updated 2006)



Time Leaving to Work in Fort Morgan City, Colorado

12:00 A.M. TO 4:59 A.M.   : 254   (5.7%)
5:00 A.M. TO 5:29 A.M.   : 229   (5.2%)
5:30 A.M. TO 5:59 A.M.   : 147   (3.3%)
6:00 A.M. TO 6:29 A.M.   : 425   (9.6%)
6:30 A.M. TO 6:59 A.M.   : 426   (9.6%)
7:00 A.M. TO 7:29 A.M.   : 524   (11.9%)
7:30 A.M. TO 7:59 A.M.   : 766   (17.3%)
8:00 A.M. TO 8:29 A.M.   : 521   (11.8%)
8:30 A.M. TO 8:59 A.M.   : 78   (1.8%)
9:00 A.M. TO 9:59 A.M.   : 110   (2.5%)
10:00 A.M. TO 10:59 A.M.   : 104   (2.4%)
11:00 A.M. TO 11:59 A.M.   : 10   (0.2%)
12:00 P.M. TO 3:59 P.M.   : 476   (10.8%)
4:00 P.M. TO 11:59 P.M.   : 351   (7.9%)


(updated 2010)



Means Of Transportation
(Fort Morgan City, Colorado)

Car, truck, or van:

Drove alone : 3,345

Carpooled:

In 2-person carpool : 415

In 3-person carpool : 100

In 4-person carpool : 233

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 25

Public transportation (excluding taxicab):

Bus or trolley bus : 0

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 18

Bicycle : 59

Walked : 198

Other means : 18

Worked at home : 69


(updated 2009)



Travel Time To Work
(Fort Morgan City, Colorado)

Less than 5 minutes : 636

5 to 9 minutes : 1,592

10 to 14 minutes : 1,116

15 to 19 minutes : 436

20 to 24 minutes : 125

25 to 29 minutes : 3

30 to 34 minutes : 28

35 to 39 minutes : 102

40 to 44 minutes : 56

45 to 59 minutes : 145

60 to 89 minutes : 97

90 or more minutes : 75


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Fort Morgan City, Colorado)

With Social Security income : 1,157

No Social Security income : 2,679


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Fort Morgan City, Colorado)

With retirement income : 612

No retirement income : 3,224


(updated 2009)



Family Income (Annual)
(Fort Morgan City, Colorado)

Less than $10,000 : 23

$10,000 to $14,999 : 50

$15,000 to $19,999 : 113

$20,000 to $24,999 : 171

$25,000 to $29,999 : 218

$30,000 to $34,999 : 114

$35,000 to $39,999 : 125

$40,000 to $44,999 : 306

$45,000 to $49,999 : 240

$50,000 to $59,999 : 357

$60,000 to $74,999 : 426

$75,000 to $99,999 : 191

$100,000 to $124,999 : 107

$125,000 to $149,999 : 54

$150,000 to $199,999 : 29

$200,000 or more : 25


(updated 2009)



Median Family Income (Annual)
(Fort Morgan City, Colorado)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $48,526


(updated 2009)



AM Radio Stations Near Fort Morgan City, Colorado

  • KSIR (1010 AM; 25.0 kW; Hillrose, CO; Owner: Northeast Colorado Broadcasting Llc)
  • KFTM (1400 AM; 1.0 kW; Fort Morgan, CO; Owner: Media Logic, Llc)

FM Radio Stations Near Fort Morgan City, Colorado

  • NEW (104.5 FM; Fort Morgan, CO; Owner: Jer Licenses, Llc)
  • KPRB (106.3 FM; Fort Morgan, CO; Owner: Northeast Colorado Broadcasting Llc)
  • KPRB (106.3 FM; Brush, CO; Owner: Northeast Colorado Broadcasting Llc)
  • NEW (88.3 FM; Fort Morgan, CO; Owner: Make A Difference Foundation, Inc)
  • NEW (88.3 FM; Fort Morgan, CO; Owner: Wren Communications, Inc.)
  • KBWA (89.1 FM; Fort Morgan, CO; Owner: Way-fm Media Group, Inc.)
  • NEW (90.5 FM; Fort Morgan, CO; Owner: Academy Media Inc.)
  • NEW (90.7 FM; Hoyt, CO; Owner: Calvary Chapel Aurora)
  • NEW (92.7 FM; Hillrose, CO; Owner: Kona Coast Radio, Llc.)
  • NEW (97.5 FM; Merino, CO; Owner: Salazar, Ricardo)

(updated 2008)



Occupations in Fort Morgan City, Colorado

Male:


  • Management, Professional, And Related Occupations: 417  (16.3%)
  • Service Occupations: 205  (8.0%)
  • Sales And Office Occupations: 360  (14.1%)
  • Farming, Fishing, And Forestry Occupations 139  (5.4%)
  • Construction, Extraction, And Maintenance Occupations: 570  (22.3%)

Female:


  • Management, Professional, And Related Occupations: 570  (27.3%)
  • Service Occupations: 453  (21.7%)
  • Sales And Office Occupations: 708  (33.9%)
  • Farming, Fishing, And Forestry Occupations 9  (0.4%)
  • Construction, Extraction, And Maintenance Occupations: 19  (0.9%)


(updated 2010)





Amtrak Stations in Fort Morgan City, Colorado

Rail Station(s)


    South Ensign St and Main St
    Fort Morgan, Colorado 80701

(updated 2008)



There are 337 Farms In Fort Morgan City, Colorado


(updated 2008)



Banks In Fort Morgan City, Colorado

Wells Fargo Bank, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Bank Of Colorado - 1 Branches


    Bank Assets: $2.5m
    Industry Specialization: Commercial Lending
    Total Offices: 38

Bank Of The West - 1 Branches


    Bank Assets: $69.1m
    Industry Specialization: Commercial Lending
    Total Offices: 603

Academy Bank, National Association - 1 Branches


    Bank Assets: $309.3k
    Industry Specialization: Commercial Lending
    Total Offices: 54

Fms Bank - 1 Branches


    Bank Assets: $150.3k
    Industry Specialization: Commercial Lending
    Total Offices: 2

Equitable Savings And Loan Association - 1 Branches


    Bank Assets: $170.4k
    Industry Specialization: Mortgage Lending
    Total Offices: 10

Morgan Federal Bank - 1 Branches


    Bank Assets: $103.9k
    Industry Specialization: Mortgage Lending
    Total Offices: 1

(updated 2014)







Airports Near Fort Morgan City, Colorado

  • Akron Washington County


    (about 30.9 miles in Akron, Colorado; Airport Code: AKO)

  • Colorado Plains Regional


    (about 30.9 miles in Akron, Colorado; Airport Code: AKO)

  • Crosson Field


    (about 37.6 miles in Sterling, Colorado; Airport Code: STK)

  • Sterling Municipal


    (about 37.6 miles in Sterling, Colorado; Airport Code: STK)

  • Weld County Municipal


    (about 45.4 miles in Garden City, Colorado; Airport Code: RYE)

  • Front Range


    (about 51.0 miles in Watkins, Colorado; Airport Code: FTG)

  • Denver International


    (about 53.6 miles in Aurora, Colorado; Airport Code: DEN)


(updated 2015)



Modes of Transportation in Fort Morgan City, Colorado

Car, Truck, Or Van:

 

Drove Alone

76.85%

Carpooled

15.40%

Public Transportation:

 

Bus Or Trolley Bus

0.11%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.13%

Bicycle

1.36%

Walked

2.53%

Other Means

0.88%

Worked At Home

2.73%



(updated 2010)





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