BOULDER ECONOMIC INDICATORS THIRD QUARTER • 2019
EMPLOYMENT (BOULDER COUNTY) AUGUST 2019 TOTAL EMPLOYMENT
AUGUST 2018
UNEMPLOYMENT RATE
198,600
TOTAL EMPLOYMENT
UNEMPLOYMENT RATE
195,900
3%
2.4%
COMMERCIAL VACANCY RATES (CITY OF BOULDER) (Q2 2019) OFFICE
INDUSTRIAL/WAREHOUSE/FLEX
RETAIL
TOTAL SQ. FT
VACANCY RATE
TOTAL SQ. FT
VACANCY RATE
TOTAL SQ. FT
VACANCY RATE
7,268,133
8.1%
10,486,974
4.8%
4,543,729
3.7%
RESIDENTIAL REAL ESTATE (YEAR-TO-DATE THROUGH AUGUST) AUGUST 2019 MEDIAN SINGLE AUGUST 2018 MEDIAN SINGLE % CHANGE FAMILY HOME SALE PRICE FAMILY HOME SALE PRICE CITY OF BOULDER BOULDER COUNTY
$955,000
$558,400
CITY OF BOULDER
BOULDER COUNTY
2.3%
0.1%
CITY OF BOULDER
BOULDER COUNTY
$933,250
$557,800
RESIDENTIAL RENTAL MARKET (AUGUST) % CHANGE
2019 AVERAGE RENTAL PRICE CITY OF BOULDER BOULDER COUNTY
$2,500
2018 AVERAGE RENTAL PRICE
CITY OF BOULDER
BOULDER COUNTY
8.7%
4.5%
$2,300
CITY OF BOULDER
BOULDER COUNTY
$2,300
$2,200
SALES AND USE TAX REVENUE (CITY OF BOULDER) (YEAR-TO-DATE THROUGH JULY) SALES TAX JULY 2019
JULY 2018
USE TAXES % CHANGE
$60,979,366 $58,566,980 4.12%
JULY 2019
$16,036,317
JULY 2018
% CHANGE
$17,119,660 -6.3%
VENTURE CAPITAL INVESTMENT Q3 2019
% CHANGE
Q3 2018
CITY OF BOULDER
COLORADO
CITY OF BOULDER
COLORADO
$156,100,000
$280,400,000
$50,300,000
$573,000,000
CITY OF BOULDER 210%
COLORADO 51%
The Boulder Economic Council of the Boulder Chamber publishes this economic indicators report quarterly. It is produced with the assistance of CU Boulder’s Business Research Division at the Leeds School of Business. Sources: Apartment Association of Metro Denver; Boulder Area Realtor Association; Bureau of Labor Statistics; CB Insights; City of Boulder; Colorado Association of Realtors; Colorado Department of Local Affairs; Leeds School of Business, University of Colorado Boulder; Mass Investor; Newmark Grubb Knight Franklin; Move, Inc.; Yardi Matrix; Zillow
BOULDER ECONOMIC COUNCIL • BOULDERECONOMICCOUNCIL.ORG • BEC@BOULDERECONOMICCOUNCIL.ORG • 303.786.7567