Blog • Fun Facts • August 20, 2021

Population Math

by Rondi duPont

The brand new Census data has just been released and it is fascinating!

Colorado’s population now sits just below 6 million people at 5.773 million. Just 20 years ago it was 4.301 million.

Northern Colorado is booming and now has 688,047 in Larimer and Weld Counties. It grew by 135,592 people in just ten years. If Northern Colorado grows at just 2% per year, it will have 838,725 people by 2030 and 1,022,402 by 2040.

For several years we have been predicting that Northern Colorado would exceed by 1 million people by 2040 and it looks like that will come true.

Metro Denver is also booming. For reference, we define ‘Metro Denver’ as Adams, Arapahoe, Denver, Douglas, and Jefferson Counties.

Population in Metro Denver is now 2.831 million and was 2.109 million in the year 2000. It has grown by 722,000 people in 20 years.

If Metro Denver grows at 2% per year, it will hit 3.451 million in 10 years and 4.206 million in 20 years.

Blog • Fun Facts • July 16, 2021

Double Up

by Rondi duPont

Here’s an interesting stat based on the most recent U.S. Census.

(although you won’t be surprised to hear this)

Since 1990, Colorado’s rate of population growth is double the Nation’s rate of population growth.

Here are the numbers since 1990:

30.3% growth in the U.S.
62.3% growth in Colorado

So, the Nation grows at roughly 1% per year and Colorado grows at roughly 2% per year.

It appears Colorado is twice as popular as compared to the Nation as a whole.

(but you aren’t surprised to hear this)

Blog • Fun Facts • July 27, 2019

Home-ownership Rate

by Rondi duPont

An interesting stat which can give some insight to the national market is the Home-ownership Rate.

It simply looks at the percentage of Americans who own their home instead of rent.

The most recent report from the Census Bureau shows the rate at 64.2%.

Most importantly, this number is showing stability after many years of change.

After many years of hovering around 64%, the Home-ownership Rate started increasing in 1996 and reached as high as 69.5% in 2005.

2008 started several years of declining back to the pre-1996 levels of 64%.

So today it’s back to what seems to be “normal” based the long-term average.