Boulder Business, Commerce & Employment

A growing business community bustles behind the outdoor beauty of Boulder. From up-and-coming e-businesses to multinational corporations, Boulder has become a beacon for companies and organizations of all types, offering businesses and their employees the unique combination of a robust local economy, skilled workforce, busy job market, strong, business-friendly local support infrastructure and boundless entrepreneurial opportunity. All this, plus the Rocky Mountain quality of life and beautiful surroundings, make Boulder a great place to do business.
An influx of high-tech, medical and start-up companies in the 1990s provides new momentum to the Boulder business community entering the 21st century. Large companies are relocating here at the same time start-up companies are choosing to call Boulder home. There's no mystery why: Boulder is as much a great place to work as it is a great place to live.

Boulder Business: Facts & Figures

  • Boulder County's economy approaches $8 billion.
  • The number of businesses in Boulder County has increased an average of more than 4.5% since 1994, to an estimated 11,100 establishments in 1999.
  • Despite rapid population growth in the Colorado Front Range, the unemployment rate in Boulder County was estimated at less than 3% in 1999, well below the national average.
  • More than 40% of all business in Boulder County fall into the "service" category. Business services, education and engineering establishments represent 30 percent of this category.
  • Manufacturing , from technical instruments to printing and publishing, contributes about 27% to gross county product.
  • Personal income for Boulder County residents has increased an estimated 6% annually since 1995 and is expected to continue growing at that pace through 2005.
  • Per capita personal income for Boulder County residents increased 30% in real terms during the 1990s.
  • The average wage in most Boulder County industries has grown at least 10% per year for the last five years.
  • Stock prices for all publicly traded companies in Boulder County have more than doubled since 1990.
  • Residential real estate prices in Boulder County have increased by double digits since 1998 as more people discover the area.
  • The median price for a new home in Boulder was about $416,000 in 1999, up from $378,000 in 1998. The median resale value of a home in Boulder in 1999 was $265,000, a slight increase from $263,000 in 1998. The median cost for a condominium in Boulder in 1999 was $143,000, up from $132,000 in 1998.
  • (Sources: Boulder Economic Council, Boulder County Business Report)

In Good Company

The lengthy list of companies and corporations that call Boulder home includes quite a few well-known concerns. Here’s a sampling:

  • Ball Aerospace & Technologies
  • Celestial Seasonings
  • Centrobe Inc.
  • Exabyte Corp.
  • Hunter Douglas
  • IBM Corp.
  • National Center for Atmospheric Research (NCAR)
  • National Institute for Standards and Technology (NIST)
  • National Oceanic and Atmospheric Administration (NOAA)
  • Storage Technology Corp. (StorageTek)
  • Sun Microsystems Inc.
  • US West Advanced Technologies
  • Whole Foods Markets Inc.


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