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Colorado real estate
is not entirely mountain territory, however. The Great Plains, a
flat and dry region, lies in the eastern part of the state. On the
other side of the Rockies, bordering Utah is the Colorado Plateau.
The plateau is characterized by mesas and sharp valleys. In southwestern
Colorado, the San Juan Volcanic Field exposes ancient land formations
and lake beds containing fossil fish and plants. Colorado’s
capital city, Denver, is located northeast of the state’s
center. Most of Colorado’s urbanized cities are grouped together
in this region, just east of the Front Range. Much of the rest of
the state is viewed as an outdoor playground, where locals can ski,
hike, camp, river raft, mountain climb and more.
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Colorado real estate
The population of Colorado is currently estimated to be
about 4.6 million, or roughly 1.6 percent of the total U.S. population.
Men outnumber women in Colorado by 0.5 percent. Breaking down the
resident base by age groups indicates that 25.6 percent of Colorado
residents are under 18 years of age and 9.8 percent are aged 65
and older. In terms of ethnicity, 90.3 percent of the population
is white and 4.1 percent is African-American. The adult population
of Colorado is more highly educated than the U.S. average, with
almost 87 percent of residents having completed high school and
almost 33 percent having achieved a bachelor’s degree or higher.
Colorado real estatehas the largest economic sectors
of tourism, food service, aerospace and educational, health and
social services. Colorado has one of the largest space economies
in the country and its restaurant industry employs an estimated
150,000 people. The state’s most popular occupation types
are office and administrative support positions, sales, food preparation
and transportation. Individual companies that employ more than 7,000
people include Golder Associates, Lockheed Martin, Peterson Air
Force Base and Colorado State University in Fort Collins.
Colorado’s per capita income is $37,946, which is roughly
10 percent higher than the U.S. average. Similar to other parts
of the country, Colorado has experienced strong demand for housing
in recent years. Douglas County has been noted as one of the fastest
growing counties in the country. Although there are more than 2
million housing units in the state, demand has outpaced supply and
prices moved up as a result. Of the 84,000-plus single-family homes
sold in 2005, the median price was $227,071. For condominiums and
townhouses, the median price was $151,667.
Colorado real estate presents many opportunities
for higher education. Between the two main public university systems,
Colorado State University and University of Colorado, there are
campuses in Fort Collins, Pueblo, Colorado Springs, Denver and Boulder.
In total, Colorado has more than 10 public, four-year college institutions,
plus more than 20 community colleges and dozens of private universities.
The U.S. Air Force Academy is located in Colorado Springs, Colo.
Colorado transportation infrastructure is well-developed.
A system of interstates, state highways and local routes links local
and regional communities. Public transportation is provided by Springs
Transit in Colorado Springs and Regional Transit District in Denver.
Several smaller agencies also provide local bus and commuter rail
service in communities throughout the state.
Colorado’s primary airport is Denver International Airport
(DEN). DEN served more than 43 million passengers in 2005, making
it one of the busiest airports in the country and 11th busiest in
the world. Other airports in Colorado are: Colorado Springs Airport
(COS), Grand Junction/Walker Field Airport (GJT), Montrose Regional
Airport (MTJ) and Yampa Valley Regional Airport (HDN).
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