grand junction, colorado - bray commercial
TRANSCRIPT
Grand Junction, Colorado
244 N. 7th Street, Grand Junction CO 81501 • 970-241-2909
www.braycommercial.com
2020 Edition
Race/Ethnicity
Caucasian/White (any race) 94.4%
Hispanic or Latino (any race) 11.2%
American Indian 1.9%
African American/Black 0.3%
Asian 0.7%
Other 2.6%
Marital Status (population: 15 yrs & older)
Males Females
Single (never married) 31.6% 20.7%
Married 52.6% 51.1%
Separated 1.5% 2.1%
Divorced 11.4% 14.9%
Widowed 2.9% 9.2%
Education (population: 25 yrs & older)
College Graduate & Above 25.2%
Some College/Technical School 34.4%
High School Graduate 30.1%
No Diploma 10.3%
Homeownership
Own Home 59.6%
Rent Home 40.4%
Household Income
Less than $25,000 24.1%
$25,000 - $34,999 11.8%
$35,000 - $49,999 15.1%
$50,000 - $74,999 18.2%
$75,000+ 30.7%
Mean Household Income $65,297
Total Households 58,966
Household Size 2.45
Crime Statistics 2015 2014 % Change
Total Violent Crime 196 212 -7.55%
Total Property Crime 3258 3022 7.81%
Total Other Crime 7405 6809 8.75%
Total Traffic Accidents 2645 2489 6.27%
Demographics
Mesa County Facts
Population Collbran 697
DeBeque 492
Grand Junction 60,358
Fruita 12,691
Palisade 2,600
Unincorporated 70,021
Mesa County 148,513
Females 74,828 (50.5%)
Males 73,427 (49.5%)
0-19 yrs 37,509 (25.3%)
20-34 yrs 29,799 (20.1%)
35-54 yrs 35,581 (24%)
55-64 yrs 20,756 (14%)
65 yrs + 24,907 (16.8%)
Median Age 38.3 yrs
Source: US Census, Amer Comm Survey
Climate
High Low Precip.
January 37 16 0.59
April 65 39 0.79
July 92 64 0.62
October 67 41 0.91
• Avg Precipitation--8.67 inches per year
• Avg. Snowfall--21.4 inches per year
Source: www.wrcc.dri.edu
(Western Region Climate Center) Source: www.gjcity.org
Major Employers Mesa County School Dist #51 2,816
St. Mary's Hospital 2,408
Community Hospital 1,086
Mesa County (All Departments) 1,070
State of Colorado 1,012
VA Medical Center-GJ 750
Colorado Mesa University 748
City Markets 710
City of Grand Junction 628
Hilltop Community Resources 600
Family Health West 568
West Star Aviation 474
United Companies 462
Mind Springs Health 456
Star Tek, Inc 425
Capco 393
STRIVE 350
Primary Care Partners 335
HopeWest 300
Rocky Mtn Health Plans 272
Ecogen 205
Navarro 186
Union Pacific Railroad 136
Reynolds Polymer Technology 120
Coors Tek Inc. 100
Grand Junction Media Inc. 96
The data provided here is provided voluntarily and
Labor Force Total Labor Force 76,060
Employed Persons 72,949
Unemployed Persons 3,111
Unemployment Rate 4.1% Source: CO Dept of Labor & Employment
Mesa County Average Wages by Industry
Avg.Weekly Wage Avg. Employment
Accommodation & Food Svc $403 6,839
Admin & Waste Svcs $681 2,887
Ag/Forrest/Fish/Hunt $741 455
Construction $1,018 4,632
Educational Svcs $787 4,815
Finance & Insurance $1,321 2,086
Health Care & Social Asst $966 10,760
Information $876 617
Mgt-Companies/Enterprises $1,760 167
Manufacturing $811 3,121
Mining $1,780 2,353
Professional/Technical Svcs $1,321 2,206
Public Administration $943 1,003
Retail Trade $581 8,197
Transportation/Warehousing $893 2,346
Total: 52,484
Source: CO Dept of Labor & Employment
The name “Grand Junction” came from it’s location at the
confluence of the Gunnison and Colorado rivers.
Grand Junction began to thrive when the main line of the
Denver and Rio Grande Railroad came into the area in 1887.
Today, Grand Junction is home to a number of light
manufacturing and service industries. There are also four
area hospitals, a regional airport and a number of
recreational opportunities.
Residential Rental Statistics
Source: Grand Junction Area Realtor Association
Mesa County Residential Property Sold Statistics
2013 2014 2015 2016 2017 2018 2019
Total Properties Sold 2624 2689 3013 3309 3796 3965 3895
Median Price $173,500 $181,000 $190,000 $204,000 $218,000 $235,000 $257,000
Days on Market 87 92 85 76 64 60 59
Volume (in millions) $518 $564 $653 $763 $922 $1.04
Billion
$1.05
Billion
Building Permits Foreclosure Filings and Sales
Source: Colorado Division of Housing/Rental Survey and Bray Property Management
As of 1/1/2020
# of Bedrooms Vacancy Rate
Studio 11.1%
1 BR 13.6%
2 BR 4.5%
3 BR 4.6%
4 BR 9.4%
As of 1/1/2020
# of Bedrooms Median Rent
Studio $675
1 BR $700
2 BR $850
3 BR $1200
4 BR $1600
MEDIAN VACANCY RATE
MEDIAN RENT
Bray Property Management Rental Portfolio:
Detail of median rent by bedrooms
State of Colorado:
Bray Property Management Rental Portfolio:
Detail of median vacancy rate by bedrooms
State of Colorado:
Source: Mesa County Public Trustee Source: Mesa County Building Department