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					        100ofYears
        Economic Success                                               2004 Economic Profile

                                                                       Arvadao
                                                                       Colorad
       A century of change,
and yet Arvada, Colorado still maintains its
hometown feel so many of its citizens cherish.
From the rich historical culture to the shared
community pride, Arvada combines the luxuries
of today’s society with the best of the past. Quiet
neighborhoods, a diverse business mix, and the
restoration of historic landmarks keep this metro
enclave vibrant and healthy.
     Even with its strong historical roots, Arvada
is known to be one of the most progressive cities
in the Denver Metro area. With an estimated
103,125 population, Arvada enjoys a strong civic
leadership that understands, values and supports
a positive business climate while balancing quality of life and com- National Register of Historic Places. Arvada recognizes and protects
munity growth. Arvada’s land encompasses 22,130 acres (34.57 sq. the character and charm of its past by investing in restoration
miles) and offers approximately 1,480 acres of available land for efforts. Olde Town offers many venues including eclectic shopping,
commercial and industrial development. Arvada is known for its dining and entertainment.
award winning business retention program, recreational and cultur-             Red Rocks Community College Arvada Campus is convenient
al activities, quality education venues, and nationally acclaimed stu- to residents and employees who desire continuing their education.
dent accomplishments. The extraordinary parks and trail systems In addition, Arvada is located near leading edge universities in the
link downtown Denver to the foothills, as well as offer easy access to country such as the University of Colorado at Boulder, Colorado
mountain recreation and other activities.                                School of Mines, University of Colorado Health Sciences Center and
     Located just a few miles west of Denver, it is within close prox- many other universities, colleges and research institutions.
imity to Denver International Airport, the Downtown Denver busi-               The award winning Arvada Center for the Arts and Humanities
ness district, and mountain communities. It is accessible via three      offers diverse, year-round programming featuring professional
interstate highways I-70, I-76 and U.S. I-25. The City of Arvada offers theater, concerts, art exhibitions, and arts and humanities classes for
a superior environment for business and families. Its pro-business all ages. The Center also features a history museum and includes
environment, diverse economic base, rapidly growing skilled work- a 7,000 sq. ft. banquet and meeting facility.
force, low crime rate, proximity to leading uni-                                                        The diversity of citizens, businesses
versities and research institutions position the                                                   and neighborhoods makes Arvada one of
community firmly among the most competitive             City of Arvada at a Glance Denver’s most attractive suburbs. It is a
cities in the state.                                      Incorporated…………………… 1904                community of caring and involved citi-
     Arvada turns 100 years old in 2004. Arvada           Square Miles ………………… 34.57               zens, as well as business and civic leaders,
officially became a city on August 24, 1904 after         Population ………………… 103,125               working together for a thriving business
an election of its 600 residents approved incor-          Households ………………… 41,428                environment, preserving its history and
poration. During 2004, Arvada will celebrate its          Median Age …………………… 37.2                 providing modern amenities. This respon-
100th birthday as an incorporated city through a          Average Wage ……………… $ 32.99              sible vision for growth keeps Arvada at the
variety of events.                                        Labor Force ………………… 30,944               forefront as a model city.
     Historic Olde Town Arvada is a Colorado              Student Enrollment (K-12) …… 18,992
Main Street Community and listed on the
Location                                                                                       Air Service
    Arvada, Colorado is conveniently located to the northwest of                               Denver International Airport (DIA)
the Denver Metropolitan Area, 346 miles west of the geographic                                    • 40 minute non-stop drive on I-70 from Arvada
center of the United States, and precisely halfway between                                        • 5th busiest airport in U.S.
Munich and Tokyo.                                                                                 • 10th busiest airport in the world
                                                                                                  • National commercial airlines …………………………… 15
Population                                                                                        • International commercial airlines ……………………… 4
                        Arvada Jefferson Cnty Denver                    CMSA*      Colorado       • Regional airlines ………………………………………… 10
1980 Census 84,576                     371,753      492,365          1,620,902    2,889,964       • Cargo express airlines…………………………………… 10
1990 Census 89,090                    438,430       467,610           1,848,319   3,294,394       • Charter airlines ……………………………… between 3-7
2000 Census 102,153                   527,056       554,636           2,581,586   4,301,261       • 2003 Average Flights per day ……………………… 1,284
2003 (estimate) 103,125                535,658      567,450           2,538,199    4,567,991      • 2003 Average Departures per day …………………… 642
*Denver/Boulder/Greeley Consolidated Metropolitan Statistical Area                                • 2003 Average Monthly Passengers …………… 2,970,312
                                                                                                  • 22 air carriers provide non-stop service to 130 cities, includ-
Major Interstate Highways                                                                           ing non-stop service from Denver to London, Frankfurt,
    I-70 is a major coast-to-coast east-west artery, and is posi-                                   Toronto, Calgary, Vancouver, San Jose del Cabo and
tioned mid-way between Canada and Mexico. I-76 heads from                                           Mazatlan, with projections of increased non-stop
Denver toward the northeastern U.S. I-25 is a major north-south                                     international air service.
transportation route connecting Canada and Mexico.                                                • Traveler’s first choice among U.S. airports; No. 2 world-
                                                                                                    wide, No. 1 among all large airports for its terminal facility
Employment                                                                                          and immigration and customs area by J.D. Power and
Arvada Major Employers                          Product/Service                                     Associates’ 2003 passenger-satisfaction survey.
      AFAB Machining & Welding                        Machining & welding                      http://flydenver.com/
      CEAVCO Audio Visual Company                     Audiovisual equipment & systems          Jefferson County Airport
      COBE Cardiovascular                             Medical device/manufacturing                  • U.S. Customs Office is located at the airport
      Colorado Credit Union League                    Financial services                            • Fourth busiest county airport in Colorado with 190,000
      Costco                                          Retail                                          arrivals and departures per year
      Denver Instrument Company                       Precision instruments                         • 7,000 foot and 9,000 foot runways, allowing weights
      ECO Resources, Inc.                             Utility system services                         up to 75,000 pounds
      Home Depot                                      Retail hardware                               • In 2003, contributed $275.74 million in economic activity
      King Soopers                                    Retail grocery                                  to Jefferson County
      Mark VII Equipment, Inc.                        Manufacturing                                 • Contributed 582 jobs in 2002-2003
      New York Life Insurance Company                 Insurance
      Piper Electric                                  Electrical contractor                    Freight and Ground Transportation
      Pridemark Paramedic Services                    Medical services                         Rail Freight Service in Arvada
      STL Denver                                      Environmental services                          Burlington Northern-Santa Fe and Union Pacific
      Sundyne Corporation                             Manufacturing                            Package Service
      Tarco, Inc.                                     Architectural/engineering                         One-day UPS package service to anywhere in the U.S.
      WANCO, Inc.                                     Manufacturing                            Denver/Boulder Bus Service
      Yenter Companies                                Drilling/stabilization                           Inter-City and Charter: 27 bus companies
                                                                                                       RTD: Regional Transportation District
Labor Force
       Total Labor                                                       Unemployment
                      Force         Employed           Unemployed                Rate
                                                                                                  “A thriving community includes involved citizens, a safe and secure
Jefferson County                                                                                  environment, diversity of businesses, as well as quality cultural and
              317,754                 301,548                 16,206                5.1%
                                                                                                  recreational venues. Arvada is such a community. The City Council
Denver MSA*
           1,264,866                1,191,104                 73,762                5.8%          and I are committed to supporting and enhancing these attributes.”
www.coworkforce.com
*Metropolitan Service Area                                                                                             Ken Fellman, Mayor, City of Arvada
Arvada Safety                                                                            Per Capita Effective Buying Income (After Taxes)
Arvada Police Department                                                                           Arvada        Denver             *CMSA           Colorado      U.S.
    • One of the lowest crime rates in the Metro Denver area                                       $ 21,536      $ 21,103           $ 22,687         $ 20,995 $ 18,375
    • Employs 213 people, including 139 commissioned officers                            *Denver, Boulder, Greeley Consolidated Metropolitan Statistical Area.
                                                                                         Source: Sales & Marketing, Survey of Buying Power Demographics, September 2003
    • Officers must possess a four-year degree from an accredited
      college or university
    • First city in Colorado and the 13th in the nation to have its                      Median Household Effective Buying Income
      police department accredited                                                       (After Taxes)
                                                                                            50 K
    • First police department in the state to be accredited for an
      unprecedented fifth time
www.arvadapd.org                                                                            40 K
Arvada Fire Protection District
    • Provides services including fire suppression, emergency                               30 K
      medical care at the EMT level, specialized rescue opera-
      tions, hazardous materials mitigation and fire prevention
      activities                                                                            20 K
    • Employs 90 full-time and 3 part-time people, and aug-
      mented with approximately 68 volunteer personnel                                      10 K
    • Provides a Class-3 Insurance Service Office (ISO) rating
      which has a positive effect on the insurance rates for both
      commercial and residential properties in the area covered                              0K
                                                                                                        Arvada       Denver *CMSA Colorado                  U.S.
      by the Fire District
www.arvadafire.com                                                                       *Denver, Boulder, Greeley Consolidated Metropolitan Statistical Area.
                                                                                         Source: Sales & Marketing, Survey of Buying Power Demographics, September 2003


Average Hourly Wage Rates for Selected Occupations, Denver PMSA Wages
Professional            Average Wage                         Trade/Manufacturing             Average Wage                 Office/Assistant       Average Wage
  Accountant …………………… $ 27.24                                  Mechanical Drafter …………………… $ 19.75                         Bookkeepers ………………… $ 14.85
  Chemist ……………………… $ 25.33                                    Machinist ……………………………… $ 16.60                              Computer Operators ………… $ 16.23
  Civil Engineer ………………… $ 29.11                               Plastic / Metal Molder & Caster …… $ 11.96                  Data Entry Keyers …………… $ 11.12
  Computer Programmer …… $ 32.85                               Production Worker …………………… $ 10.62                          Material Moving Workers …… $ 12.82
  Electrical Engineer …………… $ 31.68                            Tractor Truck Driver …………………… $ 16.56                       Salesperson, Retail …………… $ 11.87
  Mechanical Engineer………… $ 32.99                              Welder / Cutter………………………… $ 15.35                           Word Processor & Typist …… $ 14.08
www.coworkforce.com

Cost of Living Index
      City        All Items                       Grocery            Housing              Utilities     Transportation                      Health          Misc. Goods
                      Index                                                                                                                  Care            & Services
      % weight        100%                                14%             29%                 10%                      10%                     4%                    33%
      Denver           105.2                             113.0           109.0                 94.9                   103.3                  118.8                 100.6
      Los Angeles      147.4                             119.1            223.3              141.0                    117.0                  111.6                 108.3
      Phoenix            97.2                           102.0              86.1                91.1                   107.1                  111.4                 102.0
      Portland          111.9                           110.0             113.3              102.8                    112.4                  132.0                  111.7
      Washington, D.C. 137.7                            107.4             197.9               113.8                   119.2                  126.8                  111.8
Source: ACCRA Cost of Living Index 2003 Third Quarter


                                “Arvada, with its population of more than 103,000 residents, is an extraordinary place.
                                            Its crime rate is one of the lowest in the Denver metro area.”
                                                                 Ron Sloan, Chief of Police, City of Arvada
Primary Education                                                                                Arvada Housing Statistics
Public Schools in Arvada                                                                         Total Arvada residential units                  41,428
     Elementary Schools (grades K-6) ………………………… 22                                                   Average detached home price …………………… $ 377,820
     Middle Schools (grades 7-8)………………………………… 5                                                      Average detached home resale price …………… $ 281,853
     High Schools (grades 9-12) ………………………………… 4                                                      Average attached home price      ………………… $ 187,375
     Charter Schools ……………………………………………… 2                                                            Average attached home resale price……………… $ 166,369
Private and Parochial Schools …………………………………… 5                                                       Average 2-Bedroom, apartment rent ………………… $ 820

Academic Test Scores                                                                             Arvada Commercial and Industrial Statistics
      Test       National                          Colorado Arvada Average                             Average basic industrial building costs ………$ 43.62/sq. ft.
      SAT Verbal      507                                551            535                            Average office space building cost ……………$ 80.79/sq. ft.
      SAT Math        519                                553            541                            Land cost ………………………………$ 3.25 - $ 15.00/sq. ft.
      ACT            20.8                               20.1           18.8                            Arvada 2003 Retail Sales ……………………$ 1,549,221,000
      Graduation     70%                              81.8%          87.1%
                                                                                                 Colorado Tax Features
Institutions of Higher Learning                                                                  Colorado Income Taxes
Four-Year State Supported Colleges and Universities                                                  • Corporate Income Tax Rate: ……… 4.63%
(Denver Metro Area)                          Fall 2003 Enrollment                                    • Individual Income Tax Rate: ……… 4.63%
     Colorado School of Mines                              3,513                                 Colorado Sales Tax Rate: ………………… 2.9%
     Metropolitan State College                          19,390                                  Total Sales Tax Rate in Arvada:…………… 7.41% Jefferson County
     University of Colorado-Boulder                       29,151                                                                           7.61% Adams County
     University of Colorado-Denver                       12,010                                  Colorado Sales Tax Exemptions
     University of Colorado Health Sciences Center         2,567                                     • Machinery and tools used in manufacturing
Private Four-Year Colleges and Universities                                                          • Ingredients used in manufacturing or processing
Nine in the Denver Metro Area                                                                        • Groceries
Selected List with Greater than 5,000 students                                                       • Sales to governmental units
     Regis University                                     11,581                                     • Prescription drugs, eyeglasses, some medical devices
     University of Denver                                  9,521                                 www.taxview.state.co.us
                                                                                                 www.revenue.state.co.us
Two-Year Colleges-Ten in the Denver Metro Area
Selected List with Greater than 5,000 students
     Community College of Denver                          15,529
                                                                                                 Arvada Tax Features
                                                                                                 Sales Tax Rate: …………………………… 3.21%
     Front Range Community College                       15,019
                                                                                                     No Arvada sales or use tax on manufacturing equipment*
     Red Rocks Community College                           7,673
                                                                                                     No Arvada sales or use tax on R&D equipment*
                                                                                                     No Head/Occupational Tax
Educational Attainment                                                                           *Used exclusively and directly in the manufacturing process for wholesale sales or on research and
Percent of persons 25 years old and over                                                         development equipment with certain dollar values.
                            *PMSA Colorado                                          U.S.
    High School Graduates 87.2%          87.6%                                    84.1%          Arvada Property Tax Rate: 4.31 mills
    College Graduates         38.0%      35.7%                                    26.7%          www.ci.arvada.co.us/2.cfm?div_ID=191
*This number is the weighted for educational attainmentment % of persons 25 years old and over
in the Boulder PSMA and the Denver PMSA.                                                         Arvada Enterprise Zone–State Income Tax Credits
                                                                                                     • 3% Investment tax credit
 “The vision for every Jeffco Public Schools classroom is to                                         • 3% Research & Development credit
build bright futures every day for every child. The hope of our                                      • $500/New employee credit
 community is realized through the growth of our children.”                                          • $200/New employee/two years health insurance credit
                                                                                                     • 10% Job Training costs - tax credit
         Dr. Cindy Stevenson, Superintendent, Jeffco Public Schools                                  • 12.5 - 25% Contributions tax credit
                                                                                                 www.state.co.us/gov_dir/oed/ezfacts.html
                                                                                                 www.ci.arvada.co.us
Parks and Recreation                                                      2004 Water Rates
Within city limits                                                        Industrial Bi-Monthly Rate
     76 total parks - 1,500 acres of designated parks and sports          Line Size
complex land, with 2,100 acres of open space and trail corridor               3/4” Service Charge = $6.50
areas for hiking, jogging and bicycling. Arvada has 48 play-                       $ 2.14/1,000 gallons up to 170,000 gallons
grounds, 44 tennis courts, 27 basketball courts, 9 soccer fields, 7                $ 2.68/1,000 gallons from 170,000 - 340,000 gallons
volleyball courts and 11 softball/baseball fields, plus 3 golf courses.            $ 5.36/1,000 gallons above 340,000 gallons
Arvada has 8 sport complexes, 12 recreation and city-centers, 1               2” Service Charge = $20.30
skateboard park, and 38 undeveloped open space sites.                              $ 2.14/1,000 gallons up to 900,000 gallons
www.westwoodsgolf.com                                                              $ 2.68/1,000 gallons from 900,000 - 1,800,000 gallons
www.lakearborgolf.com
www.ci.arvada.co.us                                                                $ 5.36/1000 gallons above 1,800,000 gallons
Jefferson County                                                          Residential Bi-Monthly Rates
     Open space, lakes, parks and sports facilities                       Line Size
     Parks & properties ………………………………………… 28                                   5/8” Service Charge = $5.45
     Total miles of trails………………………………………… 178                                     $ 2.14/1,000 gallons up to 30,000 gallons
     Total acres acquired …………………………………… 50,755                                    $ 2.68/1,000 gallons from 30,000 - 60,000 gallons
     Total acres managed…………………………………… 41,054                                      $ 5.36/1,000 gallons above 60,000 gallons
Nearby
     National forests …………………………………………… 13                                Water System Capacity
     National parks, monuments, recreational areas,                           Average Daily Flow: 17.5 million gallons/day
     and historic sites & trails ………………………………… 12                             System Capacity: 52 million gallons/day
     Wilderness areas …………………………………………… 41                                    Peak Flow for 2003: 35.6 million gallons/day
     State parks ………………………………………………… 40
     Mountain peaks greater than 14,000+ feet ……………… 54                   2004 Sewer Rates
www.fs.fed.us/recreation                                                  Residential Bi-Monthly Rates
www.nps.gov                                                                   Service Charge = $2.21
www.wilderness.net                                                                 $ 2.11/1,000 gallons
www.wildernet.com
www.coloradoparks.org                                                     Industrial Bi-Monthly Rate
                                                                              Service Charge = $2.21
Seasons and Climate                                                                $ 2.11/1,000 gallons
    Arvada, Colorado averages more sunny days than Miami or
San Diego. Arvada enjoys low relative humidity, light precipitation       2004 Stormwater Rates
and abundant sunshine.                                                        $ 0.001148 per sq. ft. of impervious area per month
    Denver Climate Summary
                           Temperature                         Total
    2003            Max          Min        Avg        Precipitation
    January         51.7°      22.0°       36.9°             0.03            “The City of Arvada’s water quality is superior. We test
    February       38.6°        16.5°       27.6°            0.47           Arvada’s water every day to make sure it meets the highest
    March          51.8°       28.1°       40.0°             3.05              state and federal standards for safety and quality.”
    April          63.5°        37.3°      50.4°             2.22
    May            70.1°       44.9°        57.5°             1.91                   Bill Ray, Public Works Director, City of Arvada
    June           74.3°       49.9°       62.1°              3.95
    July           93.0°       60.8°       76.9°             0.54
    August         88.6°       58.8°        73.7°             1.24
    September      74.4°       44.2°        59.3°            0.26
    October        70.6°       39.6°        55.1°            0.08
    November       48.9°        23.5°      36.2°             0.05
    December       46.6°       18.6°       32.6°             0.12
Monthly Electrical Comparisons (Average Bill )                            2004 Electric Rates
City             Residential        Commercial               Industrial   Commercial–Less than 25 KW
                   750kWh      40kWh/14,000kWh   1,000kWh/650,000kWh
                                                                             Service & Facility Charge: $ 6.60
Dallas             $62.47              $1,271                 $53,983        Energy Charge: $ 0.06023/kWh
Denver             $76.88               $938                  $31,626
Phoenix             $73.15             $1,245                 $37,390
                                                                          Commercial–Secondary General
Portland           $62.12                $919                 $36,077
                                                                             Service and Facility Charge: $ 15.30
Washington, DC     $62.23              $1,320                 $41,145
                                                                             Demand Charge: $ 12.55/KW
                                                                             Energy Charge = $ 0.01645/kWh

                                                                          Residential
                                                                              Service and Facility Charge: $ 6.60
  “Arvada continues to be a statewide economic development                    Energy Charge = $ 0.06095/kWh
       leader and a valued partner of the Metro Denver                    Xcel Energy has different rate structures for flexibility in meeting commercial customers’ diverse
            Economic Development Corporation.”                            needs. For commercial rate assistance call Xcel Energy Economic Development (303) 425-3944.
                                                                          http://www.xcelenergy.com/
                                                                          Demographic sources and additional reference materials available upon request.
               Tom Clark, Executive Vice President
         Metro Denver Economic Development Corporation                    2004 Gas Rates
                    www.metrodenveredc.org                                Commercial gas rates:
                                                                              Service Charge:                      $16.20/month
                                                                              Commodity charge                     $0.66/therm
                                                                          Residential gas rates:
                                                                              Service Charge:                      $9.00/month
                                                                              Commodity charge                     $0.0977/therm




                   www.arvadapropertylink.com




                                 8101 Ralston Road, Arvada, Colorado 80002 720.898.7010 FAX 720.898.7015
                                                 bizinfo@ci.arvada.co.us www.aeda.biz

				
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