Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
- Activity at Ports
- Fueling
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Congressional District 8
Autos Drive Colorado Forward
Industry Impact
11.4K
11.4 Thousand total auto jobs in Colorado
3.00%
3.00% depend on the auto industry for jobs
$807.9M
Total Labor Income Annually
25.5K
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
$61.26M
total state tax revenue
$340.9K
corporate profits tax
$8.2M
federal income taxes
Registrations
688.3K
Registered
By Body Style
- Cars 200,979 (29.2%)
- UVs 261,599 (38%)
- Pickups 175,349 (25.47%)
- Vans/Minivans 30,743 (4.47%)
By Powertrain
- ICE / Hybrid 682,853 (99.2%)
- Electric 3,754 (0.55%)
- Plug-In Hybrid 1,729 (0.25%)
- Fuel Cell 0 (0%)
The Colorado congressional district 8 average age of vehicles is 13.2 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
25.5K
Vehicles Sold
By Body Style
- Cars 3,193 (12.52%)
- UVs 13,747 (53.9%)
- Pickups 7,751 (30.39%)
- Vans/Minivans 816 (3.2%)
By Powertrain
- ICE / Hybrid 23,872 (93.59%)
- Electric 1,232 (4.83%)
- Plug-In Hybrid 402 (1.58%)
- 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 246
- EV Level 2 Charging Ports 193
- EV Level 2 Charging Stations 83
- EV DC Fast Charging Ports 38
- EV DC Fast Charging Stations 21
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
$82.5K
Median Household Income
67.10%
Owner Occupied Housing
32.90%
Rental Occupied Housing
88.70%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (71.20%)
- Carpool to Work (8.60%)
- Take Public Transportation (0.80%)
- Work From Home (16.10%)
- Other (3.30%)
Housing Type
- Single Family Home (59.50%)
- 1-Unit (9.40%)
- 2-4 Units (3.90%)
- 5-9 Units (6%)
- 10-19 Units (7.60%)
- 20+ Units (10.40%)
- Mobile / RV / Boat (3.10%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.