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El Paso County, Colorado Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of El Paso County, 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 El Paso County, Colorado

12:00 A.M. TO 4:59 A.M.   : 7,469   (3.0%)
5:00 A.M. TO 5:29 A.M.   : 7,221   (2.9%)
5:30 A.M. TO 5:59 A.M.   : 15,358   (6.1%)
6:00 A.M. TO 6:29 A.M.   : 26,196   (10.3%)
6:30 A.M. TO 6:59 A.M.   : 32,934   (13.0%)
7:00 A.M. TO 7:29 A.M.   : 39,178   (15.5%)
7:30 A.M. TO 7:59 A.M.   : 37,757   (14.9%)
8:00 A.M. TO 8:29 A.M.   : 23,210   (9.2%)
8:30 A.M. TO 8:59 A.M.   : 12,672   (5.0%)
9:00 A.M. TO 9:59 A.M.   : 12,355   (4.9%)
10:00 A.M. TO 10:59 A.M.   : 5,392   (2.1%)
11:00 A.M. TO 11:59 A.M.   : 2,566   (1.0%)
12:00 P.M. TO 3:59 P.M.   : 14,613   (5.8%)
4:00 P.M. TO 11:59 P.M.   : 16,221   (6.4%)


(updated 2010)



Household Size By Vehicles Available
(El Paso County, Colorado)

1-person household:

No vehicle available : 6,736

1 vehicle available : 42,308

2 vehicles available : 9,477

3 vehicles available : 1,891

4 or more vehicles available : 580

2-person household:

No vehicle available : 2,282

1 vehicle available : 16,837

2 vehicles available : 47,278

3 vehicles available : 12,550

4 or more vehicles available : 3,865

3-person household:

No vehicle available : 799

1 vehicle available : 6,946

2 vehicles available : 15,782

3 vehicles available : 10,728

4 or more vehicles available : 3,437

4-or-more-person household:

No vehicle available : 878

1 vehicle available : 8,169

2 vehicles available : 26,864

3 vehicles available : 13,646

4 or more vehicles available : 7,827


(updated 2013)



Household Size By Number Of Workers In Household
(El Paso County, Colorado)

1-person household:

No workers : 25,592

1 worker : 35,400

2-person household:

No workers : 20,106

1 worker : 31,917

2 workers : 30,789

3-person household:

No workers : 3,847

1 worker : 15,180

2 workers : 14,515

3 workers : 4,150

4-or-more-person household:

No workers : 3,671

1 worker : 21,883

2 workers : 24,303

3 or more workers : 7,527


(updated 2013)



Means of Transportation To Work
(El Paso County, Colorado)

Car, truck, or van:

Drove alone : 236,012

Carpooled:

In 2-person carpool : 23,087

In 3-person carpool : 4,365

In 4-person carpool : 2,155

In 5- or 6-person carpool : 1,039

In 7-or-more-person carpool : 169

Public transportation (excluding taxicab):

Bus or trolley bus : 2,040

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

Subway or elevated : 15

Railroad : 22

Ferryboat : 37

Taxicab : 130

Motorcycle : 735

Bicycle : 1,317

Walked : 12,475

Other means : 2,389

Worked at home : 17,601


(updated 2013)



Travel Time To Work
(El Paso County, Colorado)

Less than 5 minutes : 8,552

5 to 9 minutes : 27,983

10 to 14 minutes : 47,254

15 to 19 minutes : 55,708

20 to 24 minutes : 55,055

25 to 29 minutes : 20,764

30 to 34 minutes : 35,094

35 to 39 minutes : 5,509

40 to 44 minutes : 6,403

45 to 59 minutes : 11,643

60 to 89 minutes : 7,679

90 or more minutes : 4,343


(updated 2013)



Occupations in El Paso County, Colorado

Male:


  • Management, Professional, And Related Occupations: 48,918  (37.8%)
  • Service Occupations: 15,130  (11.7%)
  • Sales And Office Occupations: 23,520  (18.2%)
  • Farming, Fishing, And Forestry Occupations 191  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 22,823  (17.6%)

Female:


  • Management, Professional, And Related Occupations: 42,099  (36.4%)
  • Service Occupations: 20,492  (17.7%)
  • Sales And Office Occupations: 44,351  (38.4%)
  • Farming, Fishing, And Forestry Occupations 135  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 1,057  (0.9%)


(updated 2010)





Amtrak Stations in El Paso County, Colorado

Bus Station(s)


    120 South Weber Street
    Colorado Springs, Colorado 80903

(updated 2008)



Employment Rate In El Paso County, Colorado

Employed: 285,096
Unemployed: 13,744



Minority Owned Firms of 100 or More in
El Paso County, Colorado

  • Total Black-owned firms of 100 or more, percent 2002: 2.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 1.3%
  • Total Asian-owned firms of 100 or more, percent 2002: 2.2%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 4.8%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 29.2%
  • Other: 60.5%



Water Usage In El Paso County, Colorado

Ground Water

 
Fresh 16.88 Mgal/d
Saline 0.00 Mgal/d

Total 16.88 Mgal/d
 

Surface Water

 
Fresh 121.61 Mgal/d
Saline 0.00 Mgal/d

Total 121.61 Mgal/d





There are 1,458 Farms In El Paso County, Colorado


(updated 2008)



Banks In El Paso County, Colorado

Wells Fargo Bank, National Association - 17 Branches


    Bank Assets: $24.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

U.s. Bank National Association - 17 Branches


    Bank Assets: $6.5b
    Industry Specialization: Commercial Lending
    Total Offices: 3,238

Jpmorgan Chase Bank, National Association - 15 Branches


    Bank Assets: $30b
    Industry Specialization: International
    Total Offices: 5,679

Academy Bank, National Association - 14 Branches


    Bank Assets: $4.3m
    Industry Specialization: Commercial Lending
    Total Offices: 54

Tcf National Bank - 8 Branches


    Bank Assets: $151.1m
    Industry Specialization: Commercial Lending
    Total Offices: 383

Firstbank - 8 Branches


    Bank Assets: $111.2m
    Industry Specialization: Mortgage Lending
    Total Offices: 129

Anb Bank - 5 Branches


    Bank Assets: $10.4m
    Industry Specialization: Commercial Lending
    Total Offices: 33

Peoples National Bank - 5 Branches


    Bank Assets: $1.4m
    Industry Specialization: Mortgage Lending
    Total Offices: 10

Keybank National Association - 4 Branches


    Bank Assets: $356m
    Industry Specialization: Commercial Lending
    Total Offices: 1,026

Northstar Bank Of Colorado - 4 Branches


    Bank Assets: $2.4m
    Industry Specialization: Commercial Lending
    Total Offices: 21

(updated 2014)







Airports Near El Paso County, Colorado

  • Peterson Field


    (about 4.5 miles in Colorado Springs, Colorado; Airport Code: COS)

  • City of Colorado Springs Municipal


    (about 4.9 miles in Colorado Springs, Colorado; Airport Code: COS)

  • USAF Academy Airfield


    (about 8.0 miles in Colorado Springs, Colorado; Airport Code: AFF)

  • Butts AAF


    (about 12.8 miles in Colorado Springs, Colorado; Airport Code: FCS)

  • Fremont County


    (about 35.8 miles in Florence, Colorado; Airport Code: CNE)

  • Pueblo Memorial


    (about 41.9 miles in Pueblo, Colorado; Airport Code: PUB)

  • Centennial


    (about 49.2 miles in Centennial, Colorado; Airport Code: APA)

  • Arapahoe County


    (about 49.2 miles in Centennial, Colorado; Airport Code: APA)

  • Buckley Air National Guard Base


    (about 57.8 miles in Aurora, Colorado; Airport Code: BFK)

  • Buckley AFB


    (about 57.8 miles in Aurora, Colorado; Airport Code: BFK)

  • Stapleton International


    (about 63.2 miles in Denver, Colorado; Airport Code: DEN)

  • Front Range


    (about 64.5 miles in Watkins, Colorado; Airport Code: FTG)

  • Limon Municipal


    (about 64.5 miles in Limon, Colorado; Airport Code: LIC)

  • Denver International


    (about 68.9 miles in Aurora, Colorado; Airport Code: DEN)

  • Harriet Alexander Field


    (about 73.6 miles in Salida, Colorado; Airport Code: SLT)

  • Rocky Mountain Metropolitan


    (about 74.7 miles in Broomfield, Colorado; Airport Code: BJC)

  • Baca Grande


    (about 83.0 miles in Moffat, Colorado; Airport Code: BCJ)

  • La Junta Municipal


    (about 87.5 miles in Cheraw, Colorado; Airport Code: LHX)

  • Lake County


    (about 87.6 miles in Leadville, Colorado; Airport Code: LXV)

  • Longmont Municipal


    (about 92.2 miles in Longmont, Colorado; Airport Code: LGM)


(updated 2015)



Modes of Transportation in El Paso County, Colorado

Car, Truck, Or Van:

 

Drove Alone

78.03%

Carpooled

12.05%

Public Transportation:

 

Bus Or Trolley Bus

0.81%

Streetcar Or Trolley Car

0.02%

Subway Or Elevated

0.01%

Railroad

0.02%

Ferryboat

0.01%

Taxicab

0.09%

Motorcycle

0.12%

Bicycle

0.42%

Walked

3.71%

Other Means

0.68%

Worked At Home

4.04%



(updated 2010)





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