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Morgan County, Colorado Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 735   (6.5%)
5:00 A.M. TO 5:29 A.M.   : 524   (4.7%)
5:30 A.M. TO 5:59 A.M.   : 488   (4.3%)
6:00 A.M. TO 6:29 A.M.   : 1,080   (9.6%)
6:30 A.M. TO 6:59 A.M.   : 1,212   (10.8%)
7:00 A.M. TO 7:29 A.M.   : 1,496   (13.3%)
7:30 A.M. TO 7:59 A.M.   : 2,055   (18.3%)
8:00 A.M. TO 8:29 A.M.   : 1,053   (9.4%)
8:30 A.M. TO 8:59 A.M.   : 239   (2.1%)
9:00 A.M. TO 9:59 A.M.   : 380   (3.4%)
10:00 A.M. TO 10:59 A.M.   : 181   (1.6%)
11:00 A.M. TO 11:59 A.M.   : 38   (0.3%)
12:00 P.M. TO 3:59 P.M.   : 1,105   (9.8%)
4:00 P.M. TO 11:59 P.M.   : 659   (5.9%)


(updated 2010)



Household Size By Vehicles Available
(Morgan County, Colorado)

1-person household:

No vehicle available : 334

1 vehicle available : 1,304

2 vehicles available : 460

3 vehicles available : 80

4 or more vehicles available : 58

2-person household:

No vehicle available : 177

1 vehicle available : 844

2 vehicles available : 1,859

3 vehicles available : 674

4 or more vehicles available : 288

3-person household:

No vehicle available : 132

1 vehicle available : 228

2 vehicles available : 493

3 vehicles available : 371

4 or more vehicles available : 168

4-or-more-person household:

No vehicle available : 83

1 vehicle available : 808

2 vehicles available : 742

3 vehicles available : 786

4 or more vehicles available : 415


(updated 2013)



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

1-person household:

No workers : 1,245

1 worker : 991

2-person household:

No workers : 1,094

1 worker : 1,281

2 workers : 1,467

3-person household:

No workers : 105

1 worker : 407

2 workers : 725

3 workers : 155

4-or-more-person household:

No workers : 161

1 worker : 774

2 workers : 1,151

3 or more workers : 748


(updated 2013)



Means of Transportation To Work
(Morgan County, Colorado)

Car, truck, or van:

Drove alone : 10,032

Carpooled:

In 2-person carpool : 1,629

In 3-person carpool : 268

In 4-person carpool : 62

In 5- or 6-person carpool : 46

In 7-or-more-person carpool : 11

Public transportation (excluding taxicab):

Bus or trolley bus : 23

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

Subway or elevated : 0

Railroad : 4

Ferryboat : 0

Taxicab : 19

Motorcycle : 47

Bicycle : 28

Walked : 356

Other means : 17

Worked at home : 509


(updated 2013)



Travel Time To Work
(Morgan County, Colorado)

Less than 5 minutes : 828

5 to 9 minutes : 4,010

10 to 14 minutes : 2,405

15 to 19 minutes : 1,743

20 to 24 minutes : 1,155

25 to 29 minutes : 347

30 to 34 minutes : 611

35 to 39 minutes : 85

40 to 44 minutes : 76

45 to 59 minutes : 530

60 to 89 minutes : 508

90 or more minutes : 244


(updated 2013)



Occupations in Morgan County, Colorado

Male:


  • Management, Professional, And Related Occupations: 1,457  (21.5%)
  • Service Occupations: 536  (7.9%)
  • Sales And Office Occupations: 810  (11.9%)
  • Farming, Fishing, And Forestry Occupations 423  (6.2%)
  • Construction, Extraction, And Maintenance Occupations: 1,579  (23.3%)

Female:


  • Management, Professional, And Related Occupations: 1,444  (28.3%)
  • Service Occupations: 1,248  (24.5%)
  • Sales And Office Occupations: 1,670  (32.8%)
  • Farming, Fishing, And Forestry Occupations 53  (1.0%)
  • Construction, Extraction, And Maintenance Occupations: 65  (1.3%)


(updated 2010)





Amtrak Stations in Morgan County, Colorado

Rail Station(s)


    South Ensign St and Main St
    Fort Morgan, Colorado 80701

(updated 2008)



Employment Rate In Morgan County, Colorado

Employed: 13,882
Unemployed: 566



Minority Owned Firms of 100 or More in
Morgan County, Colorado

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 0.0%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 0.0%
  • 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: 18.7%
  • Other: 81.3%



Water Usage In Morgan County, Colorado

Ground Water

 
Fresh 111.80 Mgal/d
Saline 0.00 Mgal/d

Total 111.80 Mgal/d
 

Surface Water

 
Fresh 176.41 Mgal/d
Saline 0.00 Mgal/d

Total 176.41 Mgal/d





There are 977 Farms In Morgan County, Colorado


(updated 2008)



Banks In Morgan County, Colorado

The Farmers State Bank Of Brush - 2 Branches


    Bank Assets: $211.4k
    Industry Specialization: Agricultural
    Total Offices: 3

Bank Of Colorado - 2 Branches


    Bank Assets: $5m
    Industry Specialization: Commercial Lending
    Total Offices: 38

Equitable Savings And Loan Association - 2 Branches


    Bank Assets: $340.8k
    Industry Specialization: Mortgage Lending
    Total Offices: 10

Fms Bank - 1 Branches


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

Wells Fargo Bank, National Association - 1 Branches


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

Bank Of The West - 1 Branches


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

Morgan Federal Bank - 1 Branches


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

Academy Bank, National Association - 1 Branches


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

High Plains Bank - 1 Branches


    Bank Assets: $124.1k
    Industry Specialization: Agricultural
    Total Offices: 8

(updated 2014)







Airports Near Morgan County, 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 36.9 miles in Sterling, Colorado; Airport Code: STK)

  • Sterling Municipal


    (about 37.0 miles in Sterling, Colorado; Airport Code: STK)

  • Weld County Municipal


    (about 45.3 miles in Garden City, Colorado; Airport Code: RYE)

  • Front Range


    (about 51.6 miles in Watkins, Colorado; Airport Code: FTG)

  • Denver International


    (about 54.1 miles in Aurora, Colorado; Airport Code: DEN)

  • Buckley Air National Guard Base


    (about 63.8 miles in Aurora, Colorado; Airport Code: BFK)

  • Buckley AFB


    (about 63.8 miles in Aurora, Colorado; Airport Code: BFK)

  • Kimball Municipal/Robert E. Arraj Field


    (about 64.1 miles in Kimball, Nebraska; Airport Code: XWO)

  • Fort Collins-Loveland Municipal


    (about 65.3 miles in Fort Collins, Colorado; Airport Code: FNL)

  • Stapleton International


    (about 66.6 miles in Denver, Colorado; Airport Code: DEN)

  • Limon Municipal


    (about 68.9 miles in Limon, Colorado; Airport Code: LIC)

  • Fort Collins Airpark


    (about 69.1 miles in Fort Collins, Colorado; Airport Code: FTC)

  • Sidney Municipal/Lloyd W. Carr Field


    (about 71.7 miles in Sidney, Nebraska; Airport Code: SNY)

  • Longmont Municipal


    (about 72.4 miles in Longmont, Colorado; Airport Code: LGM)

  • Arapahoe County


    (about 73.4 miles in Centennial, Colorado; Airport Code: APA)

  • Centennial


    (about 73.4 miles in Centennial, Colorado; Airport Code: APA)

  • Rocky Mountain Metropolitan


    (about 74.0 miles in Broomfield, Colorado; Airport Code: BJC)

  • Cheyenne Regional/Jerry Olson Field


    (about 81.4 miles in Cheyenne, Wyoming; Airport Code: CYS)


(updated 2015)



Modes of Transportation in Morgan County, Colorado

Car, Truck, Or Van:

 

Drove Alone

76.57%

Carpooled

14.88%

Public Transportation:

 

Bus Or Trolley Bus

0.06%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.05%

Bicycle

0.53%

Walked

3.30%

Other Means

0.78%

Worked At Home

3.83%



(updated 2010)





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