Parker Colorado Economic Development Council

Parker Colorado Economic Development Council!

Looking to start a business in Douglas County or Parker Colorado? Please contact the EDC for a full overview of the facts and reasons you should conifer Parker as a destination for your new or existing business.

Here are some quick facts I learned during a presentation January 14th given by Becky Hogan with the Parker Colorado Economic Development Council.

• 2010 Town of Parker, Colorado Population 46,260 (incorporated)
• Size: 20.1 square miles
• Build-out projection: Incorporated: 101,500 & Parker trade area: 126,000
• County growth: 63.2% from 2000 to 2009
• Municipality Growth: 96.3% from 2000 – 2010

Building

• 2009 – 17 new commercial permits with a valuation of $32,721,825
• 2008-26 new commercialpermits with a valuation of $36,025,092
• 2009 – 43 new single family detacthed permits with a valuation of $15,667,045
• 2008 – 146 new single family detached permits with a valuation of $46,501,468

Commercial Space

• 3.3 Million square feet of retail space total.
• 1.5 Million square feet of industrial space total
• 630,000 square feet of office space total

Sales Tax

• 8.1% Total

With it broken down like this:

• Parker 3%
• State 2.9%
• County 1%
• RTD/SCFD/FD 1.2%

Parker’s 3% = 2.5% general fund, .5% Parks, Recreation & Open Space

Residents

• 2.93 Average Household
• 31 Average Age
• 82.4% have some college education
• 92.6% Home Ownership
• $94,556 median household income per year

Housing

• $333,000 Median Home Value
• Single Family Dwelling New Construction: $60,000 to $4.8 Million
• Single Family Dwelling Resale $50,000 to $1.78 Million
• $145,000 Median Condo Townhouse value
• Sales for Condos/Townhome range from $55,000 $345,000