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Denver Business and Employment
The metro Denver area is the ideal place to build and grow a business or find an exciting new career. A well-educated populace and a central location in the nation work together to generate metro Denver's positive economy.Numerous technology centers, industrial parks and office complexes, a broad base of industry sectors, a quality workforce, low operating costs and a superior business climate and quality of life encourage business relocation to metro Denver, as well as the expansion of existing businesses.
The Denver metropolitan area has about 500 companies with 250 employees or more. The largest employers represent a diverse cross-section of industries including aerospace, beverage production, broadcasting and telecommunications, computer storage and peripherals, energy, financial services, life sciences (health care, biotechnology, biomedical, pharmaceutical), retail, software and transportation.
A Highly Skilled Workforce
The metro Denver area boasts one of the most highly educated workforces in the nation. Of the adult population, 89.6 percent are high school graduates and 35.5 percent have graduated from college. The region has one of the highest percentages of college graduates in the country.Higher Educational Opportunities
The metro Denver area offers a multitude of educational opportunities and training resources to keep employees operating at peak performance. The area boasts 10 four-year public and private colleges and universities serving more than 140,200 students, as well as a multitude of smaller schools and branches of national colleges and universities. Five area community colleges serve approximately 45,400 students and are available to work with businesses on special training assistance and to develop courses to meet workforce demands.Commercial Real Estate
The Denver metro area offers attractive commercial real estate values. The average lease rate for Class A office space is among the lowest in the country. Manufacturing, distribution and research and development space also is priced below other cities. Vacancy rates have risen, providing businesses an opportunity to negotiate favorable leases and reduce operating costs.Taxes
Colorado provides a competitive tax structure that rewards investment and innovation in business. Colorado ranked eighth for the "Best State Business Tax Climate," according to Business Facilities Magazine in 2004. In addition, Colorado is the fifth-best state for preserving wealth via tax rates, according to Bloomberg Wealth Manager in 2004.
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