While the national employment picture is showing signs of coming
out of the depths, there are indications that Douglas County has
displayed some resilience in the face of a stubborn recession.
Douglas County continues to outpace other counties in the region
in several key categories. Following are some numbers released by
Douglas County and the State of Colorado in recent weeks that
compare local trends with regional and statewide patterns.
Income
Annual aggregate income in Douglas County grew 5.4 percent from
2008 to 2009 while population increased only 2.7 percent. Aggregate
income has grown 27 percent in the four years from 2005 to 2009. It
went from $9.4 billion in 2005 to $11.9 billion in 2009.
The average annual wage in Douglas County was $47,112 in the
second quarter of 2010; the annual salary in Adams County on the
northern edge of Denver was $40,820 during the same time
period.
Jobs
From 2008 to 2009, Douglas County lost 3,635 jobs. In that same
time frame, the other six Denver metro area counties had a combined
loss of 59,498 jobs. But between 2000 and 2009, Douglas County
showed a net gain of 33,421 jobs while the other six counties had a
net loss of 56,749 jobs.
The Colorado Department of Labor and Employment reported an
annual average of 90,076 jobs in Douglas County in 2009. Since the
year 2000, the average annual job growth rate in Douglas County has
been 5.4 percent per year.
In November, Douglas County’s unemployment rate was 7 percent,
compared with Colorado’s rate of 8.7 percent. Adams County had
22,000 residents out of a job, accounting for 9.8 percent
unemployment.
Retail sales
Annual total retail sales for all industries climbed over the $6
billion dollar mark in 2006. Douglas County posted retail sales in
excess of $6 billion for the fourth year in a row in 2009, but
dropped from $6.5 billion in retail sales in 2008 to $6.1 billion
in 2009. Numbers for 2010 were not yet available.
Retail sales volumes rose by 1.4 percent in December 2009 from
the December 2008 dip.
Housing
DataQuick Information Systems reported a median home sales price
of $308,000 for Douglas County for the third quarter of 2010, a 6
percent increase over the third quarter of 2009.
Home sales prices in Arapahoe County have dropped 12 percent
from their peak in the second quarter of 2006. Homes in Douglas
County sell for only 4.7 percent less than their peak in the first
quarter of 2007.
For more statistics, visit the Colorado Department of Labor
website or go to the Douglas County government website at www.douglas.co.us.