Economic Outlook

Cost of Living
Compared to the national average of 100, the average cost of living was 100.0 according to the ACCRA 2008 3rd Quarter Cost of Living Index for Grand Junction MSA.

Service index #    
Misc. Goods & Services 97.3    
Transportation 103.6    
Housing 105.3    
Health Care 102.4    
Utilities 93.9    
Grocery Items 103.5    
TOTAL (AVG) 100.0    

Real Estate/Construction

Mesa Co. Real Estate Averages
  2006 2007 2008**
Total Sold 3,721 3,438 2,872
Total Value (in millions) $845 $904 $723
All Residential* $195,000 $220,000 $226,700
3-Bedroom* $190,000 $218,000 $219,950
Condo/Twnhm* $152,800 $167,691 $172,000
All Commercial* $220,000 $324,000 $412,500
Vacant Land* $118,450 $ 92,500 $ 96,000
*Median Price; **Annualized based on data through Nov. 2008 Source: Stewart Title, Bob Reece

2008 Building Permits

  CITY COUNTY  
Residential 401 994  
Industrial/Commercial 83 122  
Total Permits 1,762 4,072  
Total Value $254,912,474 $385,070,274  
Source: Mesa County Building Dept.

Major Employers

Mesa County Vally School District #51 3,200 www.mesa.k12.co.us (970) 254-5100
St. Mary’s Hospital & Medical Center 2,235 www.stmarygj.com (970) 244-2273
Mesa State College 1,259* www.mesastate.edu (970) 248-1020
City of Grand Junction 1,202* www.gjcity.org (970) 244-1501
State of Colorado 1,197 www.colorado.gov (303) 866-5000
Mesa County - All Departments 982 www.mesacounty.us (970) 244-1800
Halliburton Energy Services 977 www.halliburton.com (970) 523-3600
Wal-Mart 860 www.walmart.com (970) 241-6061
City Markets, Inc. 650 www.citymarket.com (970) 241-0750
Community Hospital 574 www.yourcommunityhospital.com (970) 242-0920
Hilltop Community Resources, Inc. 512 www.htop.org (970) 242-4400
Colorado West Mental Health 500 www.cwrmhc.org (970) 241-6023
StarTek USA, Inc. 481 www.startek.com (970) 263-7700
Veterans Health Administration 475 www.va.gov (970) 242-0731
Rocky Mountain Health Plans 349 www.rmhp.org (970) 244-7760
West Star Aviation Inc. 338 www.weststaraviation.com (970) 243-7500
Family Health West 330 www.familyhealthwest.org (970) 858-9871
US Postal Service 315 www.usps.gov (970) 244-3400
Choice Hotels 280 www.choicehotels.com (970) 245-3355
Schlumberger Tech Corp 280 www.slb.com (970) 683-4000
Mesa Developmental Services 275 www.mesadev.org (970) 243-3702
United Companies of Mesa County 250 www.united-gj.com (970) 243-4900
Grand Junction Newspapers, Inc. 240 www.gjsentinel.com (970) 242-5050
* Includes seasonal workers

Labor Force

Total Labor Force 83,681    
Employed Persons 78,457    
Unemployed Persons 5,224    
Unemployment Rate 6.2%    

Mesa County Avg. Wages By Industry

Area Avg. Weekly Wage
Avg. Employment
 
Accommodation & Food Svc $288 6,604  
Admin & Waste Svcs $558 3,530  
Ag/For/Fish/Hunt $455 521  
Arts, Entertainment, Rec $261 1,028  
Construction $845 6,153  
Educational Svcs $667 4,336  
Finance & Insurance $948 2,226  
Health Care & Social Asst $786 9,231  
Information $731 1,040  
Mgt-Companies/Enterprises $1,256 86  
Manufacturing $766 3,230  
Mining $1,454 3,768  
Other Svcs (ex. Public Admin) $572 1,815  
Professional/Technical Svcs $861 2,428  
Public Administration $868 3,262  
Real Estate & Rental/Leasing $617 1,252  
Retail Trade $514 8,458  
Transportation/Warehousing $886 2,619  
Utilities $1,027 391  
Wholesale Trade $878 2,477  
TOTAL : $762 64,455  
*Source: CO Dept. of Labor & Employment, ES202, 2nd qtr 2008
*Grand Junction was named #24 on Forbes.com Best Small Places for Business-2009

Taxes

Area Percent    
Corporate Income Tax 4.75%    
Retail Sales Tax: 7.65% (total)    
State 2.9%    
County 2.0%    
City 2.75%    
Individual Income Tax 4.63%    
Property Tax      
Residential 7.96%    
All Others 29.0%    
*Mill Levy 70.64 mills per $1,000 assessed value (avg)