Hospitality, aerospace, sports medicine, and other industries are expanding in the Pikes Peak region — adding to last year’s successes and furthering growth through strategic planning. Here are just a few of the investments that are strengthening the city’s economy in 2022 and beyond.
Is Colorado Springs booming?
The Colorado Springs metro area, located in Colorado, has one of the fastest growing high-tech sectors in the country. Between 2015 and 2020, employment in high-tech industries climbed by 24.8%, or 4,760 jobs, compared to 8.9% nationwide.
Why is Colorado Springs so popular?
Olympic City
One reason Colorado Springs is so popular among professional athletes and coaches is because the city offers amazing natural training grounds and elevation. Athletes have been known to enjoy training with the beautiful Rocky Mountains in the background.
Is Colorado Springs population growing?
The current metro area population of Colorado Springs in 2022 is 685,000, a 1.18% increase from 2021. The metro area population of Colorado Springs in 2021 was 677,000, a 1.35% increase from 2020. The metro area population of Colorado Springs in 2020 was 668,000, a 1.37% increase from 2019.
How quickly is Colorado Springs growing?
1.29% annually
Colorado Springs has a 2020 population of 491,467. It is also the county seat of El Paso County. Colorado Springs is currently growing at a rate of 1.29% annually and its population has increased by 2.61% since the most recent census, which recorded a population of 478,961 in 2010.
Is Colorado running out of water?
Such unwelcome developments have become almost routine during a historic 22-year megadrought. So far this century, the Colorado River’s flow has declined by nearly 20%. In 2021, it prompted the first-ever federal declaration of an emergency water shortage. RELATED: Where did all the water go?
Is Colorado becoming overpopulated?
DENVER — New census data puts a number to how popular Colorado has become. The state expanded by more than 700,000 people from 2010 to 2020. Denver and El Paso counties grew by more than 100,000 people in that same time frame, according to an analysis by 9Wants to Know.
Is it better to live in Denver or Colorado Springs?
U.S. News and World Report ranked Colorado Springs as the second-best place to live in 2018, and the most desirable city in the country. Meanwhile, Denver was ranked as the third-best place to live and barely squeaked into the top ten for desirability.
Is it cheaper to live in Denver or Colorado Springs?
When it comes down to the cost of living, it costs on average 15.3% less to live in Colorado Springs vs. Denver. For new home buyers, Colorado Springs may be a great option, as the median cost of a home in the Springs is 23.1% less then in Denver.
What’s the fastest growing city in Colorado?
The fastest growing city in Colorado is the Greeley metro area. Its population grew by 32.1% from 2010 to 2020 to 333,983 residents.
What percent of Colorado Springs is black?
The 5 largest ethnic groups in Colorado Springs, CO are White (Non-Hispanic) (67.3%), White (Hispanic) (11.3%), Black or African American (Non-Hispanic) (5.8%), Other (Hispanic) (4.38%), and Two+ (Non-Hispanic) (4.06%).
Will Colorado Springs be bigger than Denver?
The Home Front: Colorado Springs will overtake Denver as the state’s largest city by 2050. “Northern Colorado and the Western Slope will claim larger shares of Colorado’s population as the state adds 3 million new residents over the next three and a half decades, according to state forecasts,” reports The Denver Post.
What state is growing the fastest?
In 2021, the four fastest growing states were all in the West, according to U.S. Census data. Idaho was the fastest-growing state with 2.9% growth from 2020 to 2021. Utah and Montana tied for second at 1.7%, followed by Arizona, at 1.4%. Nevada was the only other Intermountain West state in the top 10.
What is the fastest growing county in Colorado?
Population in the county climbed almost 33% in the decade between the 2010 census and the 2020 census, rising to about 74,000 people. And while census data regarding age isn’t finalized, the state demographer’s office says Broomfield County has the fastest growing under-18 population of all counties in the metro area.
Is Colorado Springs one of the fastest growing cities?
Colorado Springs, other Colorado cities ranked among fastest growing in nation.
How long until the Colorado River dries up?
How Long Until the Colorado River Dries Up? Now, we must ask ourselves how long until the Colorado River dries up. According to American Rivers, the Colorado River will have a 10-30% flow reduction by 2050 due to climate change. This impacts the snowmelt that supplies most of the Colorado River with its water.
Will Colorado become a desert?
Colorado, Utah and Wyoming could be as dry as Arizona in the future, study says. A new study finds that the upper Colorado River basin is drying out due to climate change. This means in the future, parts of Colorado, Utah, and Wyoming could more closely resemble Arizona and the desert Southwest.
What US cities will run out of water?
Here are five U.S. cities, in no particular order, that could run out of water if the changes they have undertaken aren’t continued.
- El Paso, Texas. Sitting in the Chihuahuan Desert, El Paso, Texas, receives only about 9 inches of rain annually.
- Phoenix.
- Los Angeles.
- Miami.
- Atlanta.
Where are Coloradans moving to?
When they do leave the Centennial State, Coloradans apparently don’t stray far. Of the top three states they are moving to — Texas, California, and Arizona — all are close-by Western states.
Where can I live instead of Colorado?
2. Instead of Denver, Try Salt Lake City, Bozeman or Boise. If you love living in the mountains, but dread Colorado’s skyrocketing cost of living, turn your sights north to the cozy college towns of Bozeman, Montana or Boise, Idaho. Both Boise and Bozeman rival Denver as a ski bum haven.
Is Colorado losing its shine?
Each year saw roughly 10,000-15,000 fewer than the year before. At 0.5% annual growth, 2021 Colorado saw the slowest yearly population growth rate since 1989. As with the total population, that growth has been slowing annually since 2015.