POPULATION: 4,939,456 (2008)
LABOR FORCE: 2,718,938 (2009)
RIGHT TO WORK: Modified
TRADITIONAL INDUSTRIES: Agriculture/food processing, natural resources, mining, oil and gas, tourism
EXPANDING INDUSTRIES: Renewable energy, defense and aerospace, business services (including networking and Internet services), biosciences, and healthcare services
COLLEGE GRADUATES: (Age 25 and over) 35.0% (2008)
BASIC BUSINESS TAXES:
Corporate Income Tax: 4.3 percent (single factor sales)
State Sales and Use Tax: 2.9
percent, up to 5 percent local, average 6.2 percent statewide
Property Tax: Assessed locally
at 29 percent of market value for commercial property and 7.96
percent for residential (2009)
BUSINESS INCENTIVES:
Quality Investment Capital Program (fixed-rate financing for small business)
Job Creation Performance Incentive Fund
Rural Development Loan Program
Community Development Block Grant Revolving Loan Fund
Community Development Block Grant Funds Infrastructure Program
Colorado Economic Development Commission
Enterprise zone credits
Colorado First & Existing Industry
Customized Job Training programs
Job Growth Incentive Tax Credit