ExecutivePulse
Official Federal Data

Garfield County, Colorado

FIPS 08045 · Rifle, CO · Population 62,479
9 Sources Updated June 22, 2026
$91,131
Median Income
$80,734 national
3.2%
Unemployment
4% national
$5B
GDP
33.6%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$91,131
Per Capita
$44,160
Mean Household
$113,996
Poverty Rate
8.2%
Median Income Comparison
Garfield County$91,131
Colorado$95,470
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 14.8% (9,222 residents) 55-64: 12.1% (7,559 residents) 35-54: 26.8% (16,767 residents) 18-34: 21.8% (13,592 residents) Under 18: 24.6% (15,339 residents) 38 Median Age
Cohorts
Under 18 · 24.6%
18-34 · 21.8%
35-54 · 26.8%
55-64 · 12.1%
65+ · 14.8%
Race & Ethnicity
White68.5%
Black or African American0.9%
Asian0.9%
Hispanic or Latino(any race)32.6%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
89.4%
High School+
National: 89.6%
▼ 0.2 pts
33.6%
Bachelor's+
National: 35.7%
▼ 2.1 pts
12.3%
Graduate+
National: 14.1%
▼ 1.8 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
62,479
Population
35,402
Labor Force
Employed
34,162
Unemployment Rate BLS LAUS 2025 annual
3.2% ▼ 0.3 pts YoY
Mean Commute 5 min above national avg
31.4 min
Work From Home vs 15.1% national
11%
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong retail and housing markets.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$5B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Garfield County, Colorado, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Construction
3,858 20.2%
$74,452
2Health Care and Social Assistance
3,129 16.4%
$84,199
3Retail Trade
3,109 16.3%
$47,655
4Accommodation and Food Services
3,004 15.8%
$34,349
5Professional, Scientific, and Technical Services
1,524 8.0%
$94,987
6Administrative and Support and Waste Management
1,328 7.0%
$60,527
7Mining, Quarrying, and Oil and Gas Extraction
897 4.7%
$111,794
8Other Services (except Public Administration)
889 4.7%
$56,195
9Arts, Entertainment, and Recreation
753 4.0%
$38,104
10Real Estate and Rental and Leasing
571 3.0%
$73,831
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Key Takeaways
  • Largest sector: Construction employs 3,858 workers (20.2% of tracked sectors), at an average wage of $74,452.
  • Economic scale: Regional GDP of $5B (2024).
  • Wage stratification: Mining, Quarrying, and Oil and Gas Extraction averages $111,794 while Accommodation and Food Services averages $34,349, a 3.3x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Oil and Gas Extraction
20.24x
423
Support Activities for Mining
9.07x
432
Specialty Trade Contractors
3.20x
2,978
Waste Management and Remediation Services
2.26x
209
Accommodation
2.22x
762
Utilities
2.01x
217
Heavy and Civil Engineering Construction
1.91x
405
Amusement, Gambling, and Recreation Industries
1.91x
652
Motor Vehicle and Parts Dealers
1.66x
607
Private Households
1.55x
57

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Construction Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
3,383
Cluster Employment
3.20x
Peak LQ
Concentrated Sub-Sectors
Oil and Gas Extraction
20.24x 423
Support Activities for Mining
9.07x 432
Specialty Trade Contractors
3.20x 2,978
Waste Management and Remediation Services
2.26x 209
Accommodation
2.22x 762
Utilities
2.01x 217
Heavy and Civil Engineering Construction
1.91x 405
Amusement, Gambling, and Recreation Industries
1.91x 652
Motor Vehicle and Parts Dealers
1.66x 607
Private Households
1.55x 57

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.16x
Food Manufacturing
52 employed
Key Takeaways
  • Top specialization: Oil and Gas Extraction concentrates at 20.24x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Garfield County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$527,800
Median Home Value vs 2019
$1,637
Rent/Mo
69.6%
Owner-Occ
6.2%
Vacancy
5.8x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,215/mo
1 Bedroom
$1,223/mo
2 Bedroom
$1,605/mo
3 Bedroom
$2,232/mo
4 Bedroom
$2,391/mo
30% of monthly median household income (~$2,278/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Stretched market: Home value to income ratio of 5.8x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,278/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
37,918
Working Age (18-64) vs 2019
Mean Commute 5 min above national avg
31.4 min
Work From Home vs 15.1% national
11%
Prime-Age Employed (25-54)
86.4%
of prime-age population
Labor force participation rate: 75.1% of working-age population (18-64) 75% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
33.6%
HS Diploma+
89.4%
Regional / Statewide Institutions
Total credentials awarded
40,234/yr
University of Colorado Boulder 9,646/yr
Colorado State University-Fort Collins 7,956/yr
Colorado Technical University-Colorado Springs 7,631/yr
University of Colorado Denver/Anschutz Medical Campus 5,700/yr
Front Range Community College 5,675/yr
Metropolitan State University of Denver 3,626/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
19.9%
55-64 of working-age population (18-64)

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
34.3%
Service
21.3%
Sales & Office
20%
Construction / Maint.
13.4%
Production / Transport
11%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 34,162 employed workers.
Key Takeaways
  • Strong participation: 75.1% labor force participation among working-age residents indicates an engaged, available workforce.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 25,233 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Garfield County shows strong potential for oil and gas extraction attraction, with a 20.24x concentration and 423 jobs in this sub-sector. It ranks in the top decile nationally.

The interconnected base across oil and gas extraction, support activities for mining, and specialty trade contractors creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Garfield County, Colorado, from federal data sources.

What is the population of Garfield County, Colorado?

62,479 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Garfield County, Colorado?

$91,131 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Garfield County, Colorado?

3.2% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Garfield County, Colorado?

$5B (U.S. Bureau of Economic Analysis, CAGDP1).