LAFAYETTE...LAFAYETTE FAST FACTS Within a 5-mile radius: Population of 130,034 Average Household...

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LAFAYETTE FAST FACTS Within a 5-mile radius: Population of 130,034 Average Household Income of $125,570 Over 60.21% of adults have at least a bachelor’s degree Over 74% of homes are owner occupied COMMUNITY PROFILE 2018 Lafayette, Colorado www.cityoflafayette.com S T A T E M E N T O F V I S I O N Lafayette's panoramic view of the Rocky Mountains inspires our view into the future. We value our heritage, our unique neighborhoods, a vibrant economy, and active lifestyles. We envision a future that mixes small town livability with balanced growth and superior City services. L A F A Y E T T E Learn how businesses can take advantage of incentives and tax credits by locating or expanding within the newly established Lafayette Enterprise Zone. www.cityoflafayette.com/EZ

Transcript of LAFAYETTE...LAFAYETTE FAST FACTS Within a 5-mile radius: Population of 130,034 Average Household...

Page 1: LAFAYETTE...LAFAYETTE FAST FACTS Within a 5-mile radius: Population of 130,034 Average Household Income of $125,570 Over 60.21% of adults have at least a bachelor’s degree Over 74%

LAFAYETTE FAST FACTS Within a 5-mile radius:

Population of 130,034

Average Household Income of $125,570

Over 60.21% of adults have at least a bachelor’s degree

Over 74% of homes are owner occupied

COMMUNITY PROFILE 2018

Lafayette, Colorado www.cityoflafayette.com

STATEMENT OF VISION

Lafayette's panoramic view of the Rocky Mountains inspires our view into the future. We value our heritage, our unique neighborhoods, a vibrant economy, and active lifestyles. We envision a future that

mixes small town livability with balanced growth and superior City services.

LAFAYETTE

Learn how businesses can take advantage of incentives and tax credits by locating or expanding within the newly established

Lafayette Enterprise Zone. www.cityoflafayette.com/EZ

Page 2: LAFAYETTE...LAFAYETTE FAST FACTS Within a 5-mile radius: Population of 130,034 Average Household Income of $125,570 Over 60.21% of adults have at least a bachelor’s degree Over 74%

INCOME Median Household Income 2018 Lafayette 2 mile* 5 mile* $79,390 $73,276 $97,187 Average Household Income 2018 Lafayette 2 mile* 5 mile* $110,587 $100,522 $125, 570 $125,570 $125,570 * Radius from US Hwy 287 and South Boulder Road

Lafayette, Colorado is located on the eastern edge of Boulder County, just

northwest of Denver, combining a small-town atmosphere with the

convenience of easy access to a major metropolitan area.

Lafayette’s location, accessibility, and high quality of life combine to make the City a

desirable location for residential, commercial, and light-industrial

development.

Lafayette’s festivals bring thousands of people to Lafayette each year. Our award

winning Oatmeal Fest, July 4th Celebration, Peach Fest, Brew Fest & Art Nights Out promote that sense of community and

small town atmosphere cherished by our residents and visitors.

GENERAL DEMOGRAPHICS Population Lafayette 2 Mile* 5 Mile* 2018 29,787 26,273 130,034 2023 Projection 32,138 28,369 140,867 Households 2018 12,103 10,980 50,944 2023 Projection 13,175 11,988 55,403 2018 Median Age 39.7 41.0 39.3 Household Size 2.45 2.30 2.54 *Radius from US Hwy 287 and South Boulder Road

“The City of Lafayette is the most cooperative city we have encountered in the Denver area.” - David Johnson, President, Etkin Johnson Group

EMPLOYMENT STATS 2018 Civilian Employment by Occupation Lafayette 2 Mile* 5 Mile*

Arts/Entertainment/Engineering 5.68% 5.54% 7.14% Business/Financial/Operations 6.25% 5.56% 7.15% Healthcare/Healthcare Support 9.18% 9.44% 7.52% Office/Administrative Support 11.56% 12.67% 10.52% Sales/Related 11.33% 10.65% 10.97% Management 13.28% 12.22% 15.69% Education/Training/Library 6.48% 6.28% 6.89%

Sales Tax Trends:

2017 Sales Tax = $12,979,737 a 5.4% increase over 2016.

Page 3: LAFAYETTE...LAFAYETTE FAST FACTS Within a 5-mile radius: Population of 130,034 Average Household Income of $125,570 Over 60.21% of adults have at least a bachelor’s degree Over 74%

EDUCATION LEVELS 2018 Lafayette* 2 mile* 5 mile* High School Grad 16.70% 17.62% 12.69% Associate’s Degree 7.43% 7.75% 7.20% Bachelor’s Degree 33.13% 32.60% 35.43% Master’s/Doctorate Degree 22.33% 20.69% 24.78%

MAJOR EMPLOYERS Exempla/Kaiser Medical Complex Medical Facility 1600 UFP-Lafayette Manufactured Building Components 285 Wal-Mart Retailer 180 Rocky Mountain Instruments Laser Optic Manufacturer 150 Ball Aerospace High Tech Manufacturer/Aerospace 150 GE Dharmacon RNA Transfer Technology 140

COMMERCIAL/INDUSTRIAL DEVELOPMENTS Atlas Valley - 20 acre Retail/office park: Atlas Valley Purveyors, Smashburger, Walnut Café, Studio Bernina, YMCA, Reelfish, Lunada, small retailers

Black Diamond - 25 acre Industrial/general commercial: Walgreens, Proto’s, small retailers Cabrini Gardens - 6 acre Commercial site, Discount Tire, Advance Auto Parts, Arby’s, Sherwin-Williams, Uturn BBQ, on 287 east of Walmart

Corporate Campus - 119 acre Office/R&D Park: Ball Aerospace, Good Samaritan Medical Center, Kaiser, GE Dharmacon, Lafayette Tech Center - 59 acre Office & Industrial site: Sporian Microsystems, Boulder Nonlinear Systems, Buffalo Supply, Lafuma Corporation, Colorado Cyberknife, Xtreme Altitude Gymnastics, The Peaks @ Old Laramie Trail, Art Underground, Coal Creek Oral Surgery, Clinica Hosp. Forest Park - 4.8 acre Retail/office park: Great Western Bank, 95a Bistro, Jasper Animal Hospital, Nissi’s, Si Senor, Button Rock Bakery, Martino’s, Morning Glory Café, AR Workshop, small retailers Lafayette Crossings - 7.25 acre: Chipotle Mexican Grill, Einstein Bros. Bagels, Firehouse Subs, Noodles & Company, PizzaRev, Orange Theory Fitness, Coal Creek Bowling Center Lafayette Marketplace - 10.52 acre Retail Center: Jax Ranch & Home, Subway, Proper Coffee & Cocktails, Front Range Brewing, Fate Ale House Public Road - One mile long (Baseline to South Boulder Road), approximately 49 acres. Lafayette Florist, Anspach’s Jewelry, Chase Bank, Senor Gomez, Santiago’s, eats and sweets, Efrain’s, pARTiculars, Noble Treasures, The Post Brewing Co., William Oliver’s, The Collective, Tangerine, Community, Black Diamond Restaurant South Boulder Road - Community Medical Center, Boulder Valley Center for Dermatology, Stan’s Auto, Darrell Howe Mortuary, Elevations Credit Union, BBVA Compass, Oak Tree Plaza shopping area, Keene Smiles, Steven Eurich, DDS, Mark Wood, DDS, MS SoLa - 29 acre Commercial site, located on Hwy 287 north of Good Samaritan Medical Center, with additional 53 acre high density residential: includes a Hampton Inn, numerous pad sites, and up to 426,000 sq. ft. of retail, office, and restaurant uses, Prana Apartments, Powerback Rehabilitation, Dairy Queen, Luna Bella Apartments, The Learning Experience

Summit Marketplace - 9.5 acre Retail/Office Center: King Soopers, TCF Bank, Colorado Wok & small retailers

Super Wal-Mart - 22 acre Commercial center, located on Hwy 287 with 207,000 sq. ft. and Chili’s, GNC, Lafayette Modern Smiles & Orthodontics, Starbucks, Batteries + Bulbs, Verizon Wireless, Mod Pizza Village at South Point - 3.2 acre with 2, 2-story office buildings, one additional planned, South Pointe Clinic, medical offices Vista Business Park - 114 acre Industrial Park: Barnes Electrical, Colorado Seamless Gutters, CCX, PDA Dental Lab, Own It Storage, Electronic Solutions, MicroG LaCoste, NOA Brands USA, Stem Ciders, Cheer Central Waneka Marketplace - 23 acre Retail Center: Jax Outdoor Gear, Sprouts Market, Goodwill, Good Times, Starbucks, Menchie’s, Quiznos, Club Pilates, small retailers

RETAIL STATS Lafayette 2 mile* 5 mile* Average Annual Household Apparel/Entertainment/Recreation Expenditures $9,668 $9,205 $10,452 Average Annual Household Food/Beverage/Personal Expenditures $21,168 $20,294 $25,856

TRAFFIC COUNTS 287 at NW Pkwy (north of Dillon) 49,122 287 at Hwy 42(Empire/Exempla) 39,902 287 at S. Boulder Rd. 40,848 287 at Baseline 36,744 287 at Arapahoe 39,610 Hwy 7 (Baseline Rd, east of Public) 15,268 95th Street (S. of Arapahoe) 18,414

Source: 2014CDOT/DRCOG

Page 4: LAFAYETTE...LAFAYETTE FAST FACTS Within a 5-mile radius: Population of 130,034 Average Household Income of $125,570 Over 60.21% of adults have at least a bachelor’s degree Over 74%

HOUSING Lafayette 2 Mile* 5 Mile*

Median Owner-Occupied $379,031 $345,544 $430,051 Housing Value Percentage of Homes 72.53% 68.57% 74.04% Owner-Occupied *Radius from US Hwy 287 and South Boulder Road

FULL SERVICE CITY Police, Fire & Ambulance Water & Wastewater Award winning Bob L. Burger Recreation Center Public Library Diverse neighborhood schools featuring programs for talented & gifted

children, pre-engineering programs for Middle School and High School students, and much more

More than 236 acres of developed park land, including 14 neighborhood parks, 4 community parks, dog park and skate park

1300 acres of open space with trails, wildlife habitat, and green belts

TRANSPORTATION Freeways/Highways Interstate 25 (7 miles east) Northwest Parkway U.S. Highway 287 State Highway 7 U.S. Highway 36 (5 miles south) Denver International Airport (DIA) (20 miles east) Domestic, International Charter, Commuter Cargo Rocky Mountain Metropolitan Airport (General Aviation) U.S. Customs Office in Terminal Building 3 runways (7,000 & 9,000 feet) Source: DIA Public Affairs, Rocky Mtn. Airport

CONTACTS: Roger Caruso Vicki Trumbo, Executive Director Assistant City Administrator/Economic Development Director Lafayette Chamber of Commerce City of Lafayette PO Box 1018, Lafayette, CO 80026 1290 S. Public Road, Lafayette, CO 80026 Phone 303-666-9555 Phone 303-661-1261 FAX: 303-665-2153 Fax: 303-666-4392 [email protected] [email protected] www.cityoflafayette.com www.lafayettecolorado.com www.cityoflafayette.com www.lafayettecolorado.com

MEDICAL FACILITIES Good Samaritan Medical Center/SCLHealth 234 bed acute care facility Medical offices 24-hour emergency room services Comprehensive Cancer Center Kaiser Permanente Rock Creek Clinic Regional headquarters for Kaiser Permanente Medical offices Community Medical Center Emergency room, urgent care Medical offices Clinica Family Health Medical, Dental, Mental Health, Pharmacy

Lafayette’s historic Old Town Business District is home to a variety of diverse businesses. Old Town is the heart of Lafayette, full of the unique charm and small town ambience that makes Lafayette special. Our new Festival Plaza recently received the Governor’s Award for “Best Public Space” in the state of Colorado.