Business

Demographics

While a relatively new city, Lone Tree has seen enormous growth over the past two decades. Since 1995, the city has grown from about 3,000 people with less than $7,000 in annual revenues to 12,779 residents with annual revenues of more than $36 million.

Located in one of the fastest-growing regions in Colorado, Lone Tree attracts a highly educated and skilled workforce. Its affluent population also creates a stable demand for world-class retail and local services. In Lone Tree, residents enjoy a small-town feel with big-city growth and dynamic demographics.

Regional Facts:

  • Douglas County grew 191 percent between 1990 and 2000 making it the fastest growing county in the U.S. in the decade. It grew another 63 percent from 2000 to 2007, ranking 11th nationally.
  • Douglas County is rated as the sixth highest-income county by median household income in the U.S. (CNNMoney)
  • Colorado was the third-fastest growing state in 2013 (U.S. Census Bureau, 2014)
  • Metro Denver was ranked a top-10 metro area for the largest relocation of young workers old from 2007-2012 (Forbes, 2013)
  • Colorado ranks No. 1 for labor prospects (Forbes, 2013)
  • Colorado is the nation’s second-most highly educated state for residents with a bachelor’s degree or higher (37 percent, U.S. Census Bureau, 2013)

Lone Tree Demographics:

 

2014

2035 Projection

Population

12,779

31,265

Employment

16,826

55,602

Percentage of growth over the last 10 years: 51%

Median Age:
39

Average Household Income: $149,232

Median Cost of Single Family Home: $591,000

Average Wage: The average annual wage for jobs located in Douglas County is $55,605.

Percent of Population over Age 25 with Bachelor’s Degree or Higher: 62%

          Above Regional Percentage of 39%

The City of Lone Tree understands that having the most current and up-to-date information is important to your site selection process. Contact us for detailed demographic reports and data analysis that will ensure you have all the tools you need to make an informed decision.


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