Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Industry Impact
- Tax Revenue
- Registrations
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Congressional District 7
Autos Drive Colorado Forward
Industry Impact
9.5K
9.5 Thousand total auto jobs in Colorado
2.40%
2.40% depend on the auto industry for jobs
$657.17M
Total Labor Income Annually
26.6K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.
Tax Revenue
$68.15M
total state tax revenue
$329.7K
corporate profits tax
$7.95M
federal income taxes
Registrations
685.6K
Registered
By Body Style
- Cars 172,592 (25.17%)
- UVs 315,438 (46.01%)
- Pickups 147,476 (21.51%)
- Vans/Minivans 27,336 (3.99%)
By Powertrain
- ICE / Hybrid 675,541 (98.53%)
- Electric 7,257 (1.06%)
- Plug-In Hybrid 2,807 (0.41%)
- Fuel Cell 1 (0%)
The Colorado congressional district 7 average age of vehicles is 13.5 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.
New Purchases
26.6K
Vehicles Sold
By Body Style
- Cars 2,803 (10.52%)
- UVs 16,913 (63.47%)
- Pickups 6,085 (22.84%)
- Vans/Minivans 845 (3.17%)
By Powertrain
- ICE / Hybrid 23,705 (88.96%)
- Electric 2,277 (8.55%)
- Plug-In Hybrid 665 (2.49%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- Total Exports
- Total Imports
Economic Activity from 2022
- Total Exports
- Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.
Fueling
- Gasoline Stations 305
- EV Level 2 Charging Ports 285
- EV Level 2 Charging Stations 128
- EV DC Fast Charging Ports 53
- EV DC Fast Charging Stations 17
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$87.5K
Median Household Income
69.80%
Owner Occupied Housing
30.20%
Rental Occupied Housing
89.90%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (63.60%)
- Carpool to Work (5.70%)
- Take Public Transportation (0.90%)
- Work From Home (27%)
- Other (2.80%)
Housing Type
- Single Family Home (61%)
- 1-Unit (9.90%)
- 2-4 Units (3.20%)
- 5-9 Units (5.50%)
- 10-19 Units (7.80%)
- 20+ Units (11.50%)
- Mobile / RV / Boat (1.20%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.