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
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Congressional District 1
Autos Drive Colorado Forward
Industry Impact
12.6K
12.6 Thousand total auto jobs in Colorado
1.80%
1.80% depend on the auto industry for jobs
$930.26M
Total Labor Income Annually
40.4K
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
$66.1M
total state tax revenue
$1.83M
corporate profits tax
$10.19M
federal income taxes
Registrations
579.7K
Registered
By Body Style
- Cars 179,858 (31.02%)
- UVs 282,269 (48.69%)
- Pickups 77,161 (13.31%)
- Vans/Minivans 28,107 (4.85%)
By Powertrain
- ICE / Hybrid 567,701 (97.93%)
- Electric 8,757 (1.51%)
- Plug-In Hybrid 3,269 (0.56%)
- Fuel Cell 0 (0%)
The Colorado congressional district 1 average age of vehicles is 11.7 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
40.4K
Vehicles Sold
By Body Style
- Cars 8,772 (21.73%)
- UVs 25,327 (62.74%)
- Pickups 4,378 (10.85%)
- Vans/Minivans 1,894 (4.69%)
By Powertrain
- ICE / Hybrid 35,985 (89.14%)
- Electric 3,586 (8.88%)
- Plug-In Hybrid 800 (1.98%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- 13.49M 13.49 Million Total Exports
- 36.46M 36.46 Million Total Imports
Economic Activity from 2022
- 1.77M 1.77 Million Total Exports
- 4.43M 4.43 Million 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 196
- EV Level 2 Charging Ports 521
- EV Level 2 Charging Stations 241
- 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
$81.2K
Median Household Income
66.80%
Owner Occupied Housing
33.20%
Rental Occupied Housing
86.80%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (53.70%)
- Carpool to Work (5.50%)
- Take Public Transportation (2.90%)
- Work From Home (32.10%)
- Other (5.80%)
Housing Type
- Single Family Home (62.40%)
- 1-Unit (7.40%)
- 2-4 Units (4.40%)
- 5-9 Units (4.30%)
- 10-19 Units (5.60%)
- 20+ Units (12.10%)
- Mobile / RV / Boat (3.70%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.