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HomeMy WebLinkAbout20212597.tiffThe Weld County Population & Development Report Demographic Statistics and Trends for Weld County, Colorado Maintained in compliance with Section 22-1-20 of the Weld County Code Updated as of December 31, 2020 Repo r+S o9/og/2.1 2021-2597 Table of Contents Weld County Overview 3 Acreage & Climate 4 County Population Overview 5 Economic Overview 7 Transportation Overview 9 Real Estate & Housing 11 Development Trends (Unincorporated Area) 13 Oil and Gas 16 Weld County Small Business Incentive Plan (SBIP) 17 Page 2 Weld County Overview Weld County is located on the Front Range in Northern Colorado between the Rocky Mountains and the Great Plains, approximately 40 miles east of the Continental Divide. The County ranges in elevation from approximately 4,400 feet above sea level on Pawnee Creek at the eastern edge of the County to approximately 6,200 feet at the Pawnee Buttes on the Pawnee National Grassland. The County has a number of valuable streams, creeks, and rivers including the Big Thompson, the Cache la Poudre, and the St. Vrain, all of which flow into the South Platte. These rivers facilitate a water system that delivers water to farmland throughout the County through some of the largest and most complex reservoir and irrigation systems in the world. The County consists of approximately 3,992 square miles and is the third largest in the state, making it also twice the size of the State of Delaware. Weld County is bounded on the west by Larimer and Boulder Counties, on the east by Morgan and Logan Counties, on the south by Adams and Broomfield Counties, and on the north by Laramie County, Wyoming, and Kimball County, Nebraska. The County seat and largest city in Weld County is the City of Greeley, located within an hour's drive of the majestic Rocky Mountains and six major municipalities including Denver, and home to the University of Northern Colorado. Page 3 Photo: Jennifer Finch Acreage & Climate Municipal Boundaries in Weld County Acreage Town U nincorporated Weld County Ault Berthoud* Brighton* Dacono Eaton Erie* Evans Firestone Fort Lupton Frederick Garden City Gilcrest Greeley Grover Hudson Johnstown* Keenesburg Kersey LaSalle Lochbuie ie Longmont* Mead Milliken N ew Raymer N orthglenn* N unn Pierce Platteville Severance 2018 2,422,516 1,081 3,790 1,559 5,355 2,018 9,076 6,740 9,083 7,138 9,540 73 518 31,115 382 3,822 5,350 2,210 1,313 616 2,234 3,589 8,199 8,208 502 624 2,380 537 1,988 5,836 Thornton* 8 Timnath* 348 Windsor* 12,963 * Multi -County Places (Acres Numbers include right-of-way (Source: Weld County GIS) Page 4 2019 2020 2,419,443 2,415,796 1,083 3,790 1,559 5,639 2,018 9,076 6,740 9,121 7,846 9,733 73 518 31,205 382 3,836 5,362 2,664 1,313 616 2,234 3,589 8,428 8,208 502 624 2,536 1,176 1,988 5,743 8 348 13,312 within Weld 1, 083 3, 790 1, 559 5,639 2, 018 9, 480 6,755 9,178 8, 059 9, 733 73 518 31,205 382 3,836 5,362 4,833 1,313 616 2,234 3,589 8,813 8,209 502 624 2, 536 1,176 1, 988 5, 836 8 657 13,312 County only) Average Tern pe ratu re July: 76.5°F January: 31.2°F (Source: NOAA/NWS for Greeley, CO) Average Annual First & Last Average Growing Precipitation Average Frost Season 14.94" May 6 October 8 143 days la .1'a, Polio Dela >ddl J„ar liu sciale Gar - SUIT :.t RigGrande tiaeri 0 12.5 25 50 75 100 Mites F ce rno .+ CosliDa ac anc a, Lis An -na Washington Find S K4 Carsor County Population Overview As of the 2020 Census, approximately 328,981 people live in Weld County, which represents 5.7% of the total state population of 5,773,714. Among the 64 counties in Colorado, Weld County ranks ninth in total population. Between 2010 and 2020, the County population grew by over 30%, the second fastest growing county in the state by percentage, and an average annual increase of 3%. The state as a whole grew by 14.8% over the decade. The population of Weld County increased by 76,129, the fifth fastest growing county by numbers. For the population under the age of 18, Weld County ranks seventh and was the fastest growing county by far both in numbers and by percentage for the decade. A review of historical U.S. Census data reveals a steady increase in the County population every decade from 1870 to 2020, except for the 1930s, when it declined by 2%. Weld County's average annual percentage increase between 1960 and 2020 was 2.9%. The state Demography Office projects population growth in the County to slow but remain much higher than that of the state as a whole. In 2050, Weld County's projected population is over 676, 000, almost 9% of the projected state population of 7,895, 000. Weld County is projected to be the fifth most populous county in the state at that point. Weld County Population Page 5 • • • • • • • • • • • • • • • • • • • • • • • 800,000 • 700,000 600,000 500,000 400,000 300,000 200,000 100,000 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 Population a a a Projected 0 Weld County Population, Births, Deaths, and Migration Year Population Births minus deaths Net Migration Total Change % Change 1970 89,297 1980 123,436 10,924 23,215 34,139 38.2% 1990 131,821 14,094 -5,709 8,385 6.8% 2000 180,936 14,832 34,283 49,115 37.3% 2010 252,852 25,299 46,617 71,916 39.7% 2020 328,981 23,825 52,304 76,129 30.1% (Source: State Demography Office) Weld County Projected Population Year Population % Change Average Annual % 2025 383,958 16.7% 3.3% 2030 443,431 15.5% 3.1% 2035 505,828 14.1% 2.8% 2040 569,559 12.6% 2.5% 2045 644,943 13.2% 2.6% (Source: State Demography Office) Population Characteristics: 2020 Weld County % of total Colorado % of total Under 18 87,148 26.5% 3,602,251 21.9% 18+ 241,833 73.5% 744,581 78.1% (Source: State Demography Office) Weld County was the fasting growing county in Colorado between 2010 and 2020 for the population under 18. The number of children in Weld County increased by 23.8% (16,747) compared to just 3.1% (38,529) for the state as a whole. Weld County's increase represents 43.5% of the state's total increase in children over the decade. Weld County Municipal Populations 1980 1990 2000 2010 2019 Ault 1,056 1,107 1,432 1,525 1,843 Berthoud* - - 16 63 215 Brighton* - 17 154 347 454 Dacono 2,321 2,228 3,015 4,181 5,928 Eaton 1,932 1,959 2,690 4,384 5,707 Erie 1,231 1,244 2,009 9,882 15,307 Evans 5,063 5,877 9,514 18,651 21,140 Firestone 1,204 1,358 1,908 10,249 15,639 Fort Lupton 4,251 5,159 6,787 7,454 8,312 Frederick 855 988 2,467 8,735 13,943 Garden City 123 199 357 235 248 Gilcrest 1,025 1,084 1,162 1,038 1,101 Greeley 53,006 60,454 76,930 93,262 108,633 Grover 158 135 153 138 149 Hudson 698 918 1,565 2,370 1,891 Johnstown 1,535 1,579 3,827 9,445 12,743 Keenesburg 541 570 855 1,131 1,237 Kersey 913 908 1,389 1,459 1,637 LaSalle 1,929 1,803 1,849 1,967 2,337 Lochbuie 895 1,168 2,049 4,806 7,218 Longmont* - - 24 33 676 Mead 356 456 2,017 3,440 4,677 Milliken 1,506 1,605 2,888 5,634 8,113 Northglenn* - - 12 12 13 Nunn 295 324 471 418 468 Pierce 878 823 884 837 1,153 Platteville 1,662 1,515 2,370 2,499 3,010 Raymer 80 98 91 96 107 Severance 102 106 597 3,204 6,235 Thornton* - - - - - Timnath* - - - - 13 Windsor* 4,277 5,062 9,612 14,171 23,083 Unincorporated 35,542 33,001 41,832 42,564 50,533 Weld County 123,438 131,821 180,936 254,230 323,763 * Multi -County Places (figures above are within Weld County only) 2020 figures were not available at the time of publication. (Source: State Demography Office) Page 6 Economic Overview Weld County is the most agriculturally productive county in the state according the USDA Census of Agriculture. Weld County's total commodity sales were over $2 billion in 2017, more than twice the next highest county in the state (Yuma) and over one -quarter the state's overall value. Agricultural Production 1997 2002 2007 2012 2017 Change 2012 to 2017 # of Weld farms/ranches 3,142 3,121 3,921 3,525 4,062 15.2% # of Colo. farms/ranches 30,197 31,369 37,054 36,180 38,893 7.5% Weld % of state 10.4% 9.9% 10.6% 9.7% 10.4% Weld acres of cropland 883,623 878,101 987,892 850,179 922,979 8.6% Colo. acres of cropland 10,787,080 11,530,700 11,483,936 10,649,747 11,056,259 3.8% Weld % of state 8.2% 7.6% 8.6% 8.0% 8.3% Weld irrigated acres 397,752 326,494 327,836 299,892 323,436 7.9% Colo. irrigated acres 3,374,233 2,590,654 2,867,957 2,516,785 2,761,173 9.7% Weld % of state 11.8% 12.6% 11.4% 11.9% 11.7% Weld commodities total $1,289,479,000 $1,127,854,000 $1,539,072,000 $1,860,718,000 $2,047,177,000 10.0% Colo. commodities total $4,553,732,000 $4,525,196,000 $6,061,134,000 $7,780,874,000 $7,491,702,000 -3.7% Weld % of state 28.3% 24.9% 25.4% 23.9% 27.3% (S Economic Development Weld County has identified four internal driving sources for future economic growth: I. Energy Resources A. Mining B. Wind- and solar -powered energy C. Greenhouse emission innovations D. Biogas E. Water recycling (oil and gas) II. Open Entrepreneurship Marketplace A. B. C. D. E. F. G. H. Page 7 No County sale tax Hispanic businesses Telecommunications/fiber optics Professional and business services The self-employed Unmet market opportunities Incubators (firms, universities, and linking networks) Home -based businesses III. Growth A. High growth rate B. Half a million people by 2035 C. Healthy, growing, young labor force D. Attractiveness for retirees IV. Location A. 1 of 12 counties along the "Front Range Megapolitan," the confluence of two or more major metro areas. B. Proximity to Denver International Airport, Rocky Mountains, and Denver metro area C. Two interstates (1-25 and 1-76), two US highways (US 85, US 34), state highways, and County Road 49 (considered a county highway) to facilitate growth and transportation D. Northern Front Range cities, the University of Northern Colorado, and Aims Community College Per Capita Personal Income Year Weld County Change Colorado Change 2010 $33,092 $40,689 2011 $35,055 5.9% $43,575 7.1% 2012 $37,088 5.8% $45,669 4.8% 2013 $38,793 4.6% $47,311 3.6% 2014 $42,283 9.0% $50,711 7.2% 2015 $43,925 3.9% $52,254 3.0% 2016 $43,745 -0.4% $52,475 0.4% 2017 $44,479 1.7% $55,604 6.0% 2018 $48,035 8.0% $58,896 5.9% 2019 $50,198 4.5% $61,157 3.8% (Source: Bureau of Economic Analysis, US Department of Commerce) Unemployment Rates Year Weld County Colorado 2010 9.2% 8.7% 2011 8.6% 8.4% 2012 7.8% 7.9% 2013 6.6% 6.9% 2014 4.5% 5.0% 2015 3.8% 3.9% 2016 3.4% 3.3% 2017 2.7% 2.8% 2018 2.9% 3.2% 2019 2.5% 2.8% 2020 6.8% 8.4% (Source: Colorado Department of Labor and Employment) Page 8 Weld County Employment by Sector Sector Total Jobs Agriculture Mining Utilities Construction Manufacturing Wholesale trade Retail Trade Transportation and warehousing Information Finance activities Real estate Professional, scientific/technical services Management of companies, enterprises Administrative support and waste management Education Health Services Arts, entertainment and recreation Accommodation and food services Other services, except public admin. Government (Source: State Demography Office) 2010 2019 Change 104,982 147,090 40.1% 6,006 6,421 6.9% 3,339 8,945 167.9% 266 425 59.8% 9,169 16,121 75.8% 10,614 14,848 39.9% 3,547 4,648 31.0% 9,410 12,900 37.1% 3,132 6,147 96.3% 1,081 953 -11.8% 3,952 3,666 -7.2% 2,997 4,233 41.2% 4,167 6,500 56.0% 66.7% 1,112 5,289 908 9,290 1,526 6,011 6,627 16,539 1,854 8,199 55.0% 1,858 104.6% 11,200 20.6% 2,180 42.9% 9,101 51.4% 8,342 25.9% 18,547 z 12.1% Transportation Overview Interstate 1-25, US 85, and Weld County Road 49 provide for north/south transit up and down the Front Range corridor. US 34 and State Highways 14, 52, and 392 facilitate east/west transit. 1-76 provides for broader east/west travel. The highway and road system in the County is managed by the Colorado Department of Transportation, the County, and the 32 municipalities, with the County maintaining 2,906 miles of publicly maintained county roads. The total amount of County -maintained roads decreases as roads are annexed to municipalities. County Roads 2019 Miles 2020 Miles Change Paved 743 748 0.7% Gravel 2,174 2,158 -0.7% Total County Maintained 2,917 2,906 -0.4% (Source: Weld County Department of Public Works) In addition, there are currently 471 miles of State Highway system roads maintained by CDOT. State Highway system roads Miles Interstate 65 Arterial Freeway/Expressway 57 Principal Arterial 225 Minor Arterial 57 Major Collector 64 Minor Collector 3 Total 471 (Source: Weld County GIS) Page 9 Page 10 Real Estate & Housing Weld County median prices in 2020 Detached houses: $385,000 Townhouses or other attached units: $285,000 In 2 -unit structures: $325,515 In 3 -to -4 -unit structures: $541,000 In 5 -or -more -unit structures: $945,000 Manufacture homes: $290,000 (Source: Sears Real Estate) Page 11 Single -Family Home Sales — 2015-2020 East/North: Nunn, Grover, New Raymer # Sold/Annual Median Increase in Price 2015 26/$191,250 +37% 2016 28/$257,219 +35% 2017 24/$292,000 +14% 2018 29/$300,000 +3% 2019 33/$305,000 +2% 2020 34/$357,750 +7% Central/West: Ault, Eaton, Evans, Greeley, Gilcrest, LaSalle, Johnstown, Milliken, Kersey, Pierce, Severance, Windsor # Sold/Annual Median Increase in Price 2015 3,585/$245,000 +11% 2016 3,716/$275,989 +13% 2017 3,538/$305,000 +11% 2018 4,047/$330,000 +8% 2019 4,209/$344,364 +4% 2020 4,831/$367,000 +16% South: Platteville, Firestone, Frederick, Dacono, Erie, Fort Lupton, Hudson, Keenesburg # Sold/Annual Median Increase in Price 2015 1,121/$324,790 +11% 2016 1,042/$350,000 +8% 2017 1,095/5383,000 +9% 2018 1,081/5402,900 +5% 2019 1,209/5415,000 +3% 2020 2,500/5445,000 +15% Housing & Households Weld County Housing Units 2000 2010 2017 2018 2019 2020 Total Housing Units 66,194 96,281 110,496 112,857 116,710 119,962 Occupied Housing Units 63,247 89,349 108,073 110,000 114,605 113,995 Vacant Housing Units 2,947 6,932 2,423 1,857 2,105 5,967 Vacancy Rate 4.5% 7.2% 2.2% 1.6% 1.8% 5% (Source: Colorado Demography Office) Foreclosures in Weld County • The estimated number of occupied housing units in Weld County decreased by 610 from 2019 to 2020. • Colorado's vacancy rate was estimated to be 9.4% in 2020. Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Foreclosures 822 1,155 1,500 2,073 2,869 2,824 3,354 2,757 1,919 1,579 820 602 427 411 362 375 334 116 (Source: Weld County Public Trustee) Page 12 Development Trends (Unincorporated Area) Code changes and the COVID-19 slowdown led to a reduction in the number of cases processed in 2020. After July, 2019, several uses that previously required public hearings before the Planning Commission and Board of County Commissioners were made administrative approvals. In 2020, the County's subdivision regulations were updated to replace Recorded Exemptions with Family Farm Divisions and Subdivision Exemptions with Public Facility Divisions. Other changes included a new Rural Land Division for small subdivisions (up to four lots) in the Agricultural zone, a new process for Lot Line Adjustments, and a reduction in the minimum lot size in the Agricultural zone from 80 acres to 35. Planning Cases by Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Planning Cases 293 328 344 562 573 593 783 887 842 560 Planning Commission Hearing Cases 67 88 70 98 94 80 74 118 106 46 Pre -application Meetings 182 244 223 308 267 270 282 334 300 225 Walk-in's 1,231 1,302 1,315 1,549 1,618 1,167 Number of Lots Approved through Recorded Exemptions by Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020* Number of Lots 123 185 207 228 288 323 367 413 435 373 *As of October 21, 2020, Recorded Exemption applications were no longer accepted. However, recording of previously approved Recorded Exemption plats will continue to occur for some time. Number of Lots Approved through Subdivisions by Year excludin outlots) 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Number of Lots 0 9 6 28 30 14 1 15 62 22 13 Page 13 2020 Case Types COZ 8 FHDP 87 N CU 20 P UD 8 RE 229 RS 5 S E 17 S ketch 1 S PR 13 TSU 4 U SR 41 ZP 86 Other 41 Total 560 Page 14 Number of Building Permits by Type by Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 New Single- Family Homes 50 85 98 160 169 140 143 170 157 125 Manufactured Homes 52 81 102 130 198 160 174 190 155 88 Oil& Gas 990 866 829 900 495 383 312 443 371 256 Ag Exempt 130 142 142 186 174 213 231 235 242 246 Other 1,094 1,153 1,280 1,298 1,283 1,329 1,398 1,492 1,394 1,550 Total 2,316 2,327 2,451 2,674 2,319 2,225 2,258 2,530 2,425 2,265 Total Valuation $126M $322M $365M $783M $462M $298M $358M $584M $606M $233M Building Inspections, Plan Reviews, and Walk-in's by Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Inspections 19,056 18,724 18,155 23,052 26,328 24,467 23,474 24,063 25,733 27,498 Plan Reviews 1,364 1,562 1,849 2,153 2,045 1,895 2,118 2,363 2,242 2,060 Walk-ins 4,971 4,264 5,553 5,709 5,789 6,271 Page 15 Oil and Gas The COVID-19 outbreak and subsequent shutdown led to an unprecedented drop in demand for oil and gas in 2020, and prices were further affected by the breakdown of talks between Russia and the Organization of the Petroleum Exporting Countries (OPEC) in March of 2020 on the appropriate response. On April 20, 2020, the price of West Texas Intermediate crude oil for May delivery crashed into negative territory for the first time in history. From a low of -$37 per barrel, the price eventually recovered to around $48 by the end of the year. Closer to home, the Colorado Oil & Gas Conservation Commission began developing and eventually adopted new rules in accordance with Senate Bill 19-181, which likely led to an increase in the number of cases shown below for 2019 and may have contributed to the drop in cases for 2020. Weld Oil and Gas Location Assessments (WOGLAs) by Year Year 2017 2018 2019 2020 Number of Cases 115 193 218 56 Page 16 Weld County Small Business Incentive Plan (SBIP) FUNDING OVERVIEW 0-9 employees: Fees between $2,500 - $25,000 County mar $20,000 Applicant portion: $2,500 + any amount above $25,000 10-15 employees: Fees between $2,500 - $35,000 County mat. S30,000 Applicant portion_ $2,500 + any amount above $35,000 1b-35 employees: Fees between $2,500 - $45,000 Counts max: 340,000 Applicant portion: $2,500 + any amount above $45,000 Example 1: S10,000 total fees assessed and 5 employees. Applicant would pay $2,500 and County would grant S-,5CK). Example 2. 540,000 total fees assessed and 14 employees. Applicant would pay $2,500+$7,5-00=S10,000 and County would grant $30,000. Example 3: $80,000 total fees assessed and 5 employees. Applicant would par S2,500+$37,500=$40,000 and County would grant $40,000. Page 17 Funds shall be distributed on a first -come first -send bassi. _till applications are confidential and at the full discretion of the reld Count) Board of Comity Commissioners. Applicants must be a proper? owner or be a tenant in ith untten pernricsion from the bidding owner) operating a retail, commercial or industrial business as dorintd and pernrithrd under the Weld Count) Code. Applicant must be current on aU Gimps tares prior to yes in ins funds. The IFeld Count, Board of Count) Commissioners or its designee has sole ai thornt)v to determine the eligibibt; of proposed business. If) a% hate question or a odd like further information. please contact the Planning Serums Director at 070-353-6100, tVt 35 X11 i gwn'es .ire kept strictly confidential. Total Funds Awarded (as of 12/31/2020) $223,941 Weld County Small Business Incentive Program Weld County has established a Small Business Incentive Program (BIP) which will provide eligible businesses financial assistance to offset land use. building permit, and several impact fees. The program is designed to reduce upfront capital outlay for small businesses located in unincorporated Weld County. WHO CAN APPLY? Any business owner or tenant located in unincorporated Weld County that meets the eligibility requirements. WHAT ARE THE ELIGIBILITY REQUIREMENTS? • The subject real property must be located within the County (the "Property"). • The business shall hire at least fifty (50) percent of their new workforce from Weld County. For the purpose of this application a full-time employee works a minimum of 32 hours per week. The business may have a combination of part-time employees that is the equivalent of at least one (1) full-time employee. • The applicant must be the record owner(s) of the Property or a tenant. • The business must have been undertaken after the date of the adoption of this policy. • This program shall only apply to businesses with 35 or fewer employees at the time of submitting an application. WHAT CAN BE DONE WITH THESE FUNDS? The intent of these funds is to offer financial assistance to small businesses that want to operate in Weld County. The financial assistance helps reduce the business's land use application fees, building permit fees, and impact fees. Fees incurred by the business that are not eligible for funds include consultant and attorney fees, on -site and off -site bonding, collateral requirements. etc. Resources: U.S. Census Bureau Bureau of Labor Statistics Bureau of Economic Analysis Colorado Demography Office Colorado Department of Local Affairs Colorado Department of Labor and Employment Weld County Planning Services Weld County GIS Weld County Public Works Weld County Oil and Gas Energy Department National Center for Veterans Analysis and Statistics Upstate Colorado Economic Development Sears Real Estate U.S. Department of Agriculture National Oceanic and Atmospheric Administration/National Weather Service Page 18 Hello