BOULDER ECONOMIC INDICATORS FOURTH QUARTER • 2019
EMPLOYMENT (BOULDER COUNTY) DECEMBER 2019 TOTAL EMPLOYMENT
DECEMBER 2018
UNEMPLOYMENT RATE
203,900
TOTAL EMPLOYMENT
UNEMPLOYMENT RATE
198,700
3.2%
2.0%
COMMERCIAL VACANCY RATES (CITY OF BOULDER) (Q4 2019) OFFICE
INDUSTRIAL/WAREHOUSE/FLEX
RETAIL
TOTAL SQ. FT
VACANCY RATE
TOTAL SQ. FT
VACANCY RATE
TOTAL SQ. FT
VACANCY RATE
7,311,882
9.08%
10,525,237
3.8%
4,556,711
3.7%
RESIDENTIAL REAL ESTATE (YEAR-TO-DATE THROUGH DECEMBER) DECEMBER 2019 MEDIAN SINGLE DECEMBER 2018 MEDIAN SINGLE % CHANGE FAMILY HOME SALE PRICE FAMILY HOME SALE PRICE CITY OF BOULDER BOULDER COUNTY
$940,000
CITY OF BOULDER
BOULDER COUNTY
2.2%
1.7%
$554,500
CITY OF BOULDER
BOULDER COUNTY
$919,525
$545,300
RESIDENTIAL RENTAL MARKET (DECEMBER) % CHANGE
2019 AVERAGE RENTAL PRICE CITY OF BOULDER BOULDER COUNTY
$2,400
2018 AVERAGE RENTAL PRICE
CITY OF BOULDER
BOULDER COUNTY
4.3%
2.3%
$2,250
CITY OF BOULDER
BOULDER COUNTY
$2,300
$2,200
SALES AND USE TAX REVENUE (CITY OF BOULDER) (YEAR-TO-DATE THROUGH NOVEMBER) SALES TAX NOVEMBER 2019
NOVEMBER 2018
$98,352,606 $94,566,207
USE TAXES % CHANGE
4.0%
NOVEMBER 2019
NOVEMBER 2018
% CHANGE
$24,277,134
$28,179,263 -13.8%
VENTURE CAPITAL INVESTMENT Q4 2019
% CHANGE
Q4 2018
CITY OF BOULDER
COLORADO
$221,300,000
$632,200,000
CITY OF BOULDER
COLORADO
$109,800,000 $267,800,000
CITY OF BOULDER 102%
COLORADO 136%
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