The city of Denver is the most populous city in the state of Colorado. Located near the Rocky Mountains, the area has a several nicknames, including The Mile High City, and is in fact 5,280 feet. The population estimate of Denver in the city center is roughly 610,345 and has an estimated metropolitan area of roughly 2.5 million people. It is currently ranked the 21st most populous metropolitan area in the nation.
The economy of Denver hinges on a wide variety of different industries. It is a major point and hub of transportation as it is in between both coasts, and within close proximity of the Midwest. The city has a large amount of big companies that call the area home, from financial, high tech, restaurant chains, and much more. Some of the companies that call Denver home include, Rio Tinto Group, Smith International, EnCana, Anadarko, Chipotle, Molson Coors Brewing Company, United Airlines, and Kroger Co. Despite a diverse array of opportunities for work, the unemployment rate was most recently around 8% and has started to decline a little. While the city’s unemployment numbers are higher than the national average, it should be noted that it is not half bad in consideration of other larger cities with unemployment rates in the double digits, even after the first quarter of 2010.
With so many companies calling Denver home, it is not a surprise that there are a lot of different office space opportunities to take advantage of. Business owners looking to expand their business will find a great wealth of resources to look at. With the Denver commercial office space vacancy rates hover 14%. In a recent survey of available office space, prices started around $2 a square foot for smaller options, and $1 a square foot and less for larger spaces. Some spaces come with amenities like extra storage, retail storefronts in prime locations, and climate controlled options. Finding a good commercial office space in Denver to rent (temporary, monthly, or long term) are available in our network. We can help you find serviced executive offices, smaller offices spaces perfect for law firms, medical, cpas, attorneys, financial and agents. We also service Salt Lake City, Las Vegas, Reno, Boise, and Phoenix.
People looking to expand their education, and enter a higher learning center, Denver has a lot to offer. Some of the colleges in the area include, Regis University, Johnson & Wales University, Art Institute of Colorado, Red Rocks Community College, Westwood College, Bel-Real Animal Tech Institute, and University of Denver. The city has a rich history of higher education for those looking to start their college career or go back to college and fish up their degree.
The local sales tax rate is 7.72%, and the median home cost is $218,780 but the home appreciation in recent years has been –8.70. The growth rate of the population is roughly 2.22% and has been increasing in recent years.