2011 Community Profile
AEDA's annual community profile
C O L O R A D O A R V A D A C O M M U N I T Y P RO F I L E 2 0 11 Arvada is ranked sixth in the nation's most active cities. Based on data from the Centers for Disease Control and Prevention Source: TIME Healthland, an online health section of TIME.com Arvada, Colorado at a Glance Population Median Age Household Units Land Area (sq. mi.) 108,539 40 44,486 36.39 Two of Arvada's Golf Courses are certified Audubon Cooperative Sanctuaries. Arvada Highlights � Pro-business environment � Nationally recognized business retention program � Home to one of Colorado's wealthiest zip codes � Extraordinary trail system � 85 parks and 3 golf courses Colorado Highlights � Ski and golf in the same day � Ranked as 4th best state for business for the second year in a row, as ranked by Forbes Magazine � 300+ days of sunshine � New energy economy continues to attract jobs and new companies such as PrimeStar Solar, Sky Fuel and Vestas � Highly educated work force Arvada Location/Transportation � inutesfromDIA,downtownDenverbusinessdistrict,the M Denver Tech Center, and mountain communities � onvenientlylocatednearseveralworld-classuniversities C and research institutions � harming,historicdowntownofferseclecticshoppingand C dining with plans for a future "FasTracks" light-rail stop � ockyMountainMetropolitanAirportisadesignated R customs office 24 hours daily Safety Arvada Police Department "In 1985, the Arvada Police Department was the first police department in Colorado to become accredited. In December 2010, the police department made history again as the agency took part in an unprecedented eighth accreditation through the Commission on Accreditation for Law Enforcement Agencies." -- Don Wick � � � � Staffed by 242.5 positions, including 166 sworn officers Officers possess a four-year degree from an accredited university Received the Commission on Accreditation for Law Enforcement Agencies (CALEA) Flagship Award. This designation is bestowed upon a law enforcement organization demonstrating compliance of CALEA's standards in an exemplary fashion--first Colorado police department to achieve this milestone Through contemporary policing practices, the In 2010, the AFPD adopted a department strives to reduce crime related stragetic plan for District operaissues making Arvada a great place to live and tions and held two national and to do business Arvada Fire Protection District (AFPD) � � � international trainings. Operates eight active stations strategically placed throughout a 41 square mile area, staffed by career, volunteer, and reserve firefighters Maintains a Class 3 Insurance Service Office (ISO) rating, which has a positive effect on commercial and residential property insurance rates within the Fire District District personnel provide training and services for fire suppression, basic and advanced life support, specialized operations, fire education and public information, and support of all fire district operations Cost of Living City Boston, MA Chicago, IL Dallas, TX Denver, CO Los Angeles, CA Seattle, WA All Items Index Composite 132.4 116.8 91.8 Grocery 116.7 111.2 96.2 Housing 152.3 134.4 70.5 Utilities 138.9 117.5 106.7 Transportation 104.5 116.5 100.9 Health Care 123.2 108.3 103.6 Misc. Goods & Services 128.6 104.4 100.4 103.1 136.2 121.2 101.0 106.0 115.0 107.2 205.5 139.9 102.1 101.9 85.8 95.4 113.6 188.8 105.7 108.9 119.7 102.7 107.0 119.1 Source: 2010 ACCRA Cost of Living Index, produced by C2ER. Median Household Income $60 $50 $40 $30 $20 $10 $0 in thousands Per Capita Income $30 $25 $20 $15 $10 $5 $0 in thousands Arvada Source: U.S. Census Bureau, 2009 American Community Survey Denver Colorado MSA U.S. Arvada Denver Colorado MSA U.S. Arvada Housing Statistics Total Arvada residential units Average detached home price Average attached home price Average monthly rent 44,486 $ 263,373 * $145,970 * $ 783 ** Arvada Commercial Real Estate Arvada has varied commercial lease rates and abundant space available. Price per square foot Retail Office Industrial $ 5.00 - $ 32.00 $ 10.00 - $ 19.50 $ 2.59 - $ 23.10 *Source: Denise Duran-Marcum, Porch Light Group **Source: Average of 2010 monthly rent for a two bedroom, Denver MSA from 2010 ACCRA Cost of Living Index, produced by C2ER If you are looking for commercial space, visit www.arvadapropertylink.com, or call 720-898-7010. Education Primary Education Public Schools in Arvada Elementary Schools (K-6) Middle Schools (7-8) High Schools (9-12) Charter Schools Private and Parochial Schools 22 5 4 3 5 Higher Education The Metro Denver area is home to: � 5 four-year state supported colleges and universities � 9 private four-year universities � 10 two-year colleges � Several world-class research institutions Red Rocks Community College, which boasts more than 300 programs, including two-year degrees and professional certificates, is conveniently located in Arvada. For more information regarding Jefferson County Public Schools, including test scores, visit www.jeffcopublicschools.org. "Arvada and Jeffco Public Schools... great places to live and learn! Arvada is a great supporter of our schools and our schools have a relentless focus on building bright futures!" - Dr. Cynthia Stevenson, Superintendent of Jefferson County Public Schools Labor Force Total Labor Force Jefferson County Adams County Denver-Aurora MSA Colorado 303,151 224,382 1,374,701 2,666,485 Employed 277,952 202,416 1,254,624 2,434,840 Unemployed 25,199 21,966 120,077 231,645 Unemployment Rate 8.3% 9.8% 8.7% 8.7% Source: www.coworkforce.com, 11/2010 statistics Employment Among Major Employers (50+ Employees) Barber-Nichols, Inc. CCW Products Costco Home Depot Piper Electric Co., Inc. PrimeStar Solar Sartorius TCC Company Sorin Group USA, Inc. Sundyne Corporation Product/Service Aerospace Manufacturing Manufacturing Retail Retail Electrical Contractor Solar Manufacturing Precision Instruments Medical Device Manufacturing Pump/Compressor Manufacturing Note: Average Hourly Wages for the Denver MSA can be found at www.coworkforce.com Business Resources Arvada Economic Development Association � www.aeda.biz City of Arvada � www.arvada.org Arvada Chamber of Commerce � www.arvadachamber.org Metro Denver Economic Development Corporation � www.metrodenver.org Jefferson County Business Resource Center � www.jeffcobrc.org Jefferson County Workforce Center � www.jeffcoworkforce.org State of Colorado � www.advancecolorado.com Tax Features Arvada Sales Tax Rate: 3.46% Colorado Sales Tax Rates: Colorado Corporate Income Tax Rate: Colorado Individual Income Tax Rate: Colorado Sales Tax Rate: 4.63% 4.63% 2.9% � No Arvada sales or use tax on manufacturing and R&D equipment* � No head/occupational tax *Used exclusively and directly in the manufacturing process for wholesale sales or on research and development equipment with certain dollar values. Colorado Sales Tax Exemptions � Machinery and tools used in manufacturing � Ingredients used in manufacturing or processing � Groceries � Sales to governmental units � Prescription drugs, eyeglasses, some medical devices Combined Total Sales Tax Rates: (Includes City, County, and State) Jefferson County Adams County 8.06% 8.31% 2010 Fiscal Year Retail Sales, $1,159,229,420 Property Tax Rate: 4.31 mill levy Arvada Enterprise Zone � State Income Tax Credits � 3% Investment tax credit for equipment purchased and used within the zone � 3% of increased expenditures for Research & Development tax credit � $500/New full-time employee tax credit � $200/New full-time employee/two-year health insurance tax credit � 10% Qualified job training tax credit � 12.5% - 25% Contributions tax credit Source: www.colorado.gov Utility Rates Water and Sewer Service The City of Arvada provides water and sewer services. For commercial, residential, or stormwater information and rates, visit www.arvada.org/about-arvada or call 720-898-7760. Electric and Gas Service Electric and gas service is provided by Xcel Energy. For more information visit www.xcelenergy.com or call 800-481-4700. Transportation Air Service Denver International Airport (DIA) DIA is one of the world's most modern and efficient airports. The $4.2 billion facility encompasses 53 square miles and is the only major U.S. airport built in the past 25 years. The facility can accommodate more than 51.2 million passengers annually, ranking it as the fifth busiest airport in the U.S., and 10th busiest in the world. � 35 minute non-stop drive on I-70 from Arvada � Six runways and three concourses � More than 17 commercial carriers serve over 160 domestic and international destinations � 1,620 daily flights � "Best airport in North America." � Business Traveler magazine Source: www.flydenver.com Rocky Mountain Metropolitan Airport (RMMA) RMMA is Denver's premier corporate reliever, situated between downtown Denver and Boulder on U.S. Interstate 36. RMMA offers an Instrument Landing System and user-free designated Customs Office available 24 hours a day. � Two fixed base operators � 167,000 departures and arrivals per year � Three runways � 3,600 ft, 7,500 ft, and 9,000 ft. Ground Service Regional Transportation District (RTD) The RTD FasTracks Program is a $6.9 billion, 12-year program building 122 miles of new commuter rail and light rail, 18 miles of bus rapid transit, 21,000 new parking spaces at rail and bus stations, and will provide expanded bus service through Metro Denver. In 2010, the RTD FasTracks Gold Line project was approved by the Federal Transit Administration. The 11.2 mile long Gold Line Corridor is proposed to run along the existing railroad route from Denver's Union Station to neighboring communities, passing through Arvada with three stations planned in Arvada: near Sheridan Boulevard; Olde Town Arvada; and at I-70 and Kipling. The Gold Line Corridor is one of two corridors that are a part of public-private partnership. Under this partnership, RTD has contracted with a team, referred to as the Denver Transit Constructors, to design, build, operate, and maintain the Gold Line Corridor and the East Corridor out to DIA. RTD provides bus service throughout the Denver metro area with 75 Park-nRide facilities. The A-line provides a nonstop hourly public shuttle to DIA from Arvada, partially funded by RTD. Freight Service Package Service UPS, FEDEX, USPS, and Greyhound provide one-day service to anywhere in the U.S. Truck Service More than 750 trucking transportation companies in the Denver Metro area. Rail Service �Passenger service provided by Amtrak � TD,fundedbya1%salestax,operates R light rail vehicles and 37 light rail stations throughout Denver � reightprovidedbyBurlingtonNorthern F Santa Fe Railway and Union Pacific Railroad International Connection Arvada's location offers "one-bounce" uplinks to world satellite networks, so real-time connections to six of the seven continents are available in one business day. Arvada's central location in the U.S. provides easy communication with both east and west coasts, and allows communication with Europe, South America, and Asia in the same business day. Denver Transit Constructors will begin construction of the Gold Line Corridor in 2012. Jefferson Parkway The planned Jefferson Parkway, when completed, will for the first time allow the Denver Metropolitan beltway to operate as a complete highway transportation system. Visit www.jppha.org for more information. Major Interstate Highways � I-70 is a major coast-to-coast, eastwest artery, and is positioned mid-way between Canada and Mexico �-76headsfromDenvertoward I northeastern Colorado � .S.I-25isamajornorth-south U transportation artery The City of Arvada was recognized as a Top 10 2010 Digital City (#7) by the Center for Digital Government in the 75-124,999 population category of the Digital Cities Survey. Parks and Recreation Within the city limits: 69 neighborhood parks; 3 golf courses; 5 community parks; 7 sports complexes; 4 special purpose parks (dog park, disc parks, Arvada modelers air park, and equestrian center); 46 playgrounds; 44 tennis courts; 56 multipurpose sports fields; 11 recreation centers; 2 skate park facilities; 29 undeveloped open space areas; two ponds, MajesticViewNatureCenter,and637developed/landscaped/improvedacres. The Apex Park and Recreation Center is one of Denver's premier attractions, with two NHL ice rinks, a 23,000 sq. ft water park area, a climbing wall, three full-size gyms, and much more. Jefferson County Parks & properties Total miles of trails Total acres acquired Total acres managed 32 204 51,982 38,761 Colorado National forests National parks, monuments, recreational areas, and historic sites and trails Wilderness areas State parks Mountain peaks 14,000+ feet Public/private golf courses Ski Resorts 13 15 54 57 58 238 22 Arts and Culture The Arvada Center for the Arts and Humanities is one of the largest multi-disciplinary art and cultural centers in the country. The center also includes a banquet facility for corporate and social gatherings. The Arvada Center is proud to have won nine Colorado Theater Guild Henry Awards in 2010, including Best Musical third year in a row for Miss Saigon. Seasons and Climate Arvada has a four season climate with mild temperatures and 300+ days of annual sunshine. Coldest Month Warmest Month Average Humidity Average Precipitation January, 42 degree average July, 88 degree average 40% 19.42 inches 8101 Ralston Road � Arvada, Colorado 80002 � 720 . 898 . 7010 � www.aeda.biz Photo credits: Applewood Seed Company, Arvada Chamber of Commerce, City of Arvada/KATV, Denver International Airport, Firephotoz, Jeffco Public Schools, Red Rocks Community College, Sundyne Corporation, Wastequip, Inc.