Population Trends
The population in Delta County, Colorado is 31,173 per the American Community Survey data for 2017-2021.
The Average Annual Population growth is 1.35%. The median age in Delta County, CO is 47.8 years. 16% of the population is 18 to 34 years of age, 22.1% of the population is 35 to 54 years of age and 42.4% being 55 + years of age. 5.5% of the population in Delta County, CO are Veterans.
Labor Force Participation Rate and Size( Civilian population 16 years and over) is 49.6%. This is less than the national average of 63.% . Prime Age Labor Force Participation Rate and Size( civilian population 25-54 years) 72.4% which is under the national average of 82.8%.
Source jobs EQ Economic Overview 2024
Demographic Data Source: Jobs EQ 2024 and CREN 23
Employment Trends
As of 2023Q4, total employment for Delta County was 10,377( based on a four-quarter moving average).Over the year ending in 2023Q4, employment increased by 2.7% in the region.
The unemployment rate for Delta County, as of January 2024, was 4.9%.This was higher than the national rate of 4.2%.
Demographic Data Source: Jobs EQ 2024 and CREN 23
Educational Attainment
8.1% of the residents of Delta County, CO posses an Associates Degree ( with 8.9% being the national average). 16.0% of residents possess a Bachelor’s Degree (compared to 21.6% in the national average), and 4.7% hold a Postgraduate Degree (with 21.6% being the national average).Expected growth rates for occupations vary by the education and training required. While employment in Delta County, Colorado is expected to grow 0.3% over the next ten years, occupations requiring a postgraduate degree are expected to grow 0.7 % per year.
Demographic Data Source: Jobs EQ 2024 and CREN 23
Industry Snapshot of the Top 3 Industries
The largest industry sector in Delta County, Colorado is Health Care and Social Assistance, employing 16573 workers. Second is Retail Trade (1308 workers) and third is Educational Services(1014). The top three industries in Delta County, Colorado with the highest average wages per worker for 2023 Q3 are Management of Companies and Enterprises ($76,366), Utilities ( $74,371) and Finance and Insurance ($69,342). The top industry changing from 2022Q 4 top three of Mining, Quarrying, and Oil and Gas Extraction($83,070), followed by Management Companies and Enterprises($74,950) and lastly, Utilities($65,548).
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Highest Average Wages Comparison by One Delta CountyDemographic Data Source: Jobs EQ 2024 and CREN 23
Source: Economic Overview for Delta County, Colorado. JobsEQ
31173
Population growth has slowed in Delta County, CO. Annual population growth is expected to be 113 residents over the next five years.
12792
Over the year ending in 2023Q4, employment increased 2.1% in the region.
56349
The average worker in Delta County, Colorado earned annual wages of $43,090 as of 2023Q4. Average annual wagers per worker increased 7.4% in the region over the proceeding four quarters. This is lower than the national average of $70,183.
Cost of Living, Housing and Business Data
Housing and Cost of Living Data
Total Housing Units in Delta County, CO: 14,841. Rental Occupied Housing Units (of the occupied units): 2935. Homeowner vacancy is at 2.4% and rental vacancy is at 4.1%. The median house value ( of owner occupied units): $291,400.
This is slightly higher than the national average of $281,900 and significantly lower than the state average of $465,900.
The Cost of Living Index estimates the relative price levels for consumer goods and services. When applied to wages and salaries, the result is a measure of relative purchasing power. The cost of living is 2.7 % higher in Delta County, CO than the U.S. average.
Business Data (GDP)
Gross Domestic Product (GDP) is the total value of goods and services produced by a region. In 2022, nominal GDP in Delta County, CO expanded 7.5%. This follows growth of 6.7% in 2021. As of 2022,total GDP in Delta County, CO was $993,404,000.
Of the sectors in Delta County, CO Real Estate and Rental Leasing contributed to the largest portion of the GDP in 2022( $202,407,000). The next largest contributions came from Health Care and Social Assistance ( $129,352,000); Retail Trade($107,497,000); and Construction($80,174,000).