Housing Report for Boulder

Boulder recorded a median home value in 2005 of $344,300, reported by the American Community Survey. This value is greater than the overall State of Colorado 2005 median owner-occupied dwelling value of $223,300 and greater than median home value of $167,500 for the rest of the nation in that year.

In Boulder, there were a total of 121,500 homes in 2005. The metro area has experienced a medium-high growth level in the number housing units, adding in all 6,928 homes since 2001, or 6 percent.

Throughout the State of Colorado, Boulder stands 7 of the 7 metro areas by percentage growth in residential real estate. The metro area is positioned 169 of 361, in terms of residential real estate percentage change compared to other United States metro areas.

There seems to be a limited amount of real estate that is affordable in Boulder, Colorado. In 2005, only 4.6 percent of owner-occupied dwellings were valued under $125k.

Boulder can be understood as having an extremely high percentage of homes that are high in price. For 2005, the American Community Survey counted that 26.8 percent of the houses were valued over a half a million dollars.



Data Source: U.S. Census Bureau

Employment Report for Boulder, Colorado -- Annual 2005 Industry Summary

A top paying industry in Boulder is the management of companies and enterprises industry with wages that annually pay $86,184. Throughout the MSA since the year 2001, the annual average wages in the industry have grown by 21.9 percent or $15,507. The State of Colorado holds the same job market in the management of companies and enterprises industry, ranking at the top of industries in term of the average annual pay of 2004.

In Boulder, Information, Professional and technical services and Manufacturing are the three industries with the highest location quotients. The Information sector in the county has a location quotient of 2.46. The percent of employment in the Information industry is 2.46 times greater than the US average, showing signs that Boulder may specialize, or be an exporter of Information.

Mining from 2001-2005 had the highest increase in employment in Boulder, increasing by 89.4 percent. This is greater than the industry job change at the national level of 4.7 percent. The State of Colorado encountered a change in industry employment of 32.5 percent, in the duration of 2001 to 2005.

The Boulder Metropolitain Area is ranked number 129 of 363 throughout the US in terms the size of total employment in 2005. This ranking has slipped behind from the year 2001, at which time the Metropolitan Area was ranked 100 of 363 Counties.

Manufacturing has the largest businesses in Boulder Metro Area. The industry averages 32 jobs per establishment, which is less than the industry's national average of 39 and greater than the Colorado typical size of 25 for the Manufacturing industry.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in the Boulder Metro Area. The industry lost a total of 9,772 employees during the period, or 34.1 percent of jobs in the industry. The losses in this industry made up 28.9 percent of the total jobs loss in the Metro Area.

In Boulder, Professional and technical services, Manufacturing, and the Retail Trade industries have the largest percent of jobs of all industries. The Professional and technical services provides the most jobs and contributes 15.2 percent of all jobs throughout the region, totaling 19,880 individuals. The Manufacturing and Retail Trade sectors account for 14.5 and 12.3 percent of all employment.



Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).