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Lake City Town, Colorado Economic Analysis

   (County: Hinsdale County)

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Economic Analysis

People and the communities they live in depend on money. The people of Lake City Town, 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 Lake City Town, Colorado

12:00 A.M. TO 4:59 A.M.   : 0   (0.0%)
5:00 A.M. TO 5:29 A.M.   : 3   (1.9%)
5:30 A.M. TO 5:59 A.M.   : 0   (0.0%)
6:00 A.M. TO 6:29 A.M.   : 1   (0.6%)
6:30 A.M. TO 6:59 A.M.   : 8   (4.9%)
7:00 A.M. TO 7:29 A.M.   : 8   (4.9%)
7:30 A.M. TO 7:59 A.M.   : 40   (24.7%)
8:00 A.M. TO 8:29 A.M.   : 23   (14.2%)
8:30 A.M. TO 8:59 A.M.   : 24   (14.8%)
9:00 A.M. TO 9:59 A.M.   : 27   (16.7%)
10:00 A.M. TO 10:59 A.M.   : 16   (9.9%)
11:00 A.M. TO 11:59 A.M.   : 0   (0.0%)
12:00 P.M. TO 3:59 P.M.   : 10   (6.2%)
4:00 P.M. TO 11:59 P.M.   : 2   (1.2%)


(updated 2010)



Means Of Transportation
(Lake City Town, Colorado)

Car, truck, or van:

Drove alone : 84

Carpooled:

In 2-person carpool : 13

In 3-person carpool : 4

In 4-person carpool : 3

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

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 : 0

Bicycle : 33

Walked : 14

Other means : 0

Worked at home : 3


(updated 2009)



Travel Time To Work
(Lake City Town, Colorado)

Less than 5 minutes : 72

5 to 9 minutes : 53

10 to 14 minutes : 20

15 to 19 minutes : 0

20 to 24 minutes : 3

25 to 29 minutes : 0

30 to 34 minutes : 0

35 to 39 minutes : 0

40 to 44 minutes : 0

45 to 59 minutes : 0

60 to 89 minutes : 0

90 or more minutes : 3


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Lake City Town, Colorado)

With Social Security income : 26

No Social Security income : 69


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Lake City Town, Colorado)

With retirement income : 29

No retirement income : 66


(updated 2009)



Family Income (Annual)
(Lake City Town, Colorado)

Less than $10,000 : 0

$10,000 to $14,999 : 0

$15,000 to $19,999 : 4

$20,000 to $24,999 : 0

$25,000 to $29,999 : 4

$30,000 to $34,999 : 0

$35,000 to $39,999 : 0

$40,000 to $44,999 : 4

$45,000 to $49,999 : 3

$50,000 to $59,999 : 3

$60,000 to $74,999 : 0

$75,000 to $99,999 : 10

$100,000 to $124,999 : 11

$125,000 to $149,999 : 0

$150,000 to $199,999 : 4

$200,000 or more : 0


(updated 2009)



Median Family Income (Annual)
(Lake City Town, Colorado)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $87,917


(updated 2009)



FM Radio Stations Near Lake City Town, Colorado

  • NEW (104.1 FM; Silverton, CO; Owner: Laramie Mountain Broadcasting, Llc)
  • NEW (88.7 FM; Ouray, CO; Owner: Cedar Cove Broadcasting, Inc.)
  • NEW (88.9 FM; Creede, CO; Owner: Educational Communications Of Colorado Springs, Inc.)
  • NEW (88.9 FM; Creede, CO; Owner: Educational Communications Of Colorado Springs, Inc.)
  • NEW (89.5 FM; Ouray, CO; Owner: Make A Difference Foundation, Inc)
  • NEW (89.7 FM; Silverton, CO; Owner: Educational Communications Of Colorado Springs, Inc.)
  • NEW (90.3 FM; Ouray, CO; Owner: Academy Media Inc.)
  • NEW (90.3 FM; Ouray, CO; Owner: San Miguel Educational Fund)
  • NEW (91.1 FM; Silverton, CO; Owner: Kute, Inc.)

(updated 2008)



Occupations in Lake City Town, Colorado

Male:


  • Management, Professional, And Related Occupations: 36  (28.6%)
  • Service Occupations: 4  (3.2%)
  • Sales And Office Occupations: 16  (12.7%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 53  (42.1%)

Female:


  • Management, Professional, And Related Occupations: 22  (25.0%)
  • Service Occupations: 23  (26.1%)
  • Sales And Office Occupations: 37  (42.0%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 3  (3.4%)


(updated 2010)





There are 6 Farms In Lake City Town, Colorado


(updated 2008)



Banks In Lake City Town, Colorado

Pine River Valley Bank - 1 Branches


    Bank Assets: $140.6k
    Industry Specialization: Commercial Lending
    Total Offices: 4

(updated 2014)







Airports Near Lake City Town, Colorado

  • Telluride Regional


    (about 32.9 miles in Mountain Village, Colorado; Airport Code: TEX)

  • Gunnison-Crested Butte Regional


    (about 40.1 miles in Gunnison, Colorado; Airport Code: GUC)

  • Montrose Regional


    (about 45.3 miles in Montrose, Colorado; Airport Code: MTJ)

  • Stevens Field


    (about 54.0 miles in Pagosa Springs, Colorado; Airport Code: PGO)

  • North Fork Valley


    (about 58.1 miles in Hotchkiss, Colorado; Airport Code: WPO)


(updated 2015)



Modes of Transportation in Lake City Town, Colorado

Car, Truck, Or Van:

 

Drove Alone

41.79%

Carpooled

22.39%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.0%

Walked

14.43%

Other Means

1.99%

Worked At Home

19.40%



(updated 2010)





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