Yampa Valley Fast Facts – July 2015

 Steamboat Springs Data & The Yampa Valley Data

Fast Facts

Provided by Yampa Valley Data Partners

 
Employment
May 2015 unemployment rates in Moffat (4.9%), Rio Blanco (5.3%) and Routt (4.8%) all represented improvement from May 2014. Colorado’s unemployment rate was 4.3% while the newly released U.S. rate for June dropped to 5.3%, the lowest it’s been since April 2008.
 
Industry
Mining held its place as the largest industry in terms of total wages for both Moffat and Rio Blanco counties in the fourth quarter of 2014. Healthcare and Social Assistance led the way as the largest wage-producing industry in Routt County.
 
Wages
The Finance and Insurance industry paid the highest average weekly wage in both Routt and Moffat counties in the fourth quarter of 2014, while Utilities workers brought home the highest average weekly wage in Rio Blanco County.
 
Real Estate
February 2015 median list prices for homes were up in Rio Blanco County (13%) and Routt County (19%) and down by 11% in Moffat County compared to the same time the previous year.
 
Energy
Year-to-date coal production through April 2015 was up 92% in Rio Blanco County and 9% in Moffat County, but was down 35% in Routt County compared to the first four months of 2014. Year-to-date gas production was down 24-30% in each county.
 
Climate
The end of June found Stagecoach and Yamcolo reservoirs holding at 13% and 19% above usual water levels respectively. The Yampa River was flowing at 36% of its 2004-2014 average, with the White River flowing at 79% of average.
Steamboat  Springs Fast Facts
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About the Author
Josh Cook
Josh Cook is The Boyd Team’s Digital Marketing Specialist. In today’s online world, having someone who knows the industry and trends is a must. Real Estate has become increasingly internet-centric, having Josh on the team to meet those needs sets The Boyd Team apart. He continues to strive to make the Boyd Team’s internet presence as expansive as possible enhancing each listing’s presence.