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Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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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
$930.3M
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
$1.8M
corporate profits tax
$10.2M
state 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

  • 13.5M 13.5 Million Total Exports
  • 36.5M 36.5 Million Total Imports

Economic Activity from 2022

  • 1.8M 1.8 Million Total Exports
  • 4.4M 4.4 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.

Automaker's Facilities

Ford Motor Company Location Employees
Denver High Velocity Center VC Denver, CO 29
Honda Location Employees
Denver Test Lab Denver, CO
Stellantis Location Employees
Denver Parts Distribution Center Denver, CO 50
Subaru of America Location Employees
Western Region Glendale, CO 21
Western Region - Zone 1 Denver (DEN) Glendale, CO 15