retail profile ~~~ retail market

Retail Market

Broomfield is predominantly a community of affluent professionals with young families and is also home to a large community of active seniors. Shown below are 3,5,and 10-mile demographics describing the population income levels and age in Broomfield.

Broomfield Area Demographics*

  3-mile
Trade Area
5-mile
Trade Area
10-mile
Trade Area
Population 46,909 137,395 591,277
Private Employment 30,545 59,728 207,287
Average Household Income ($) 89,371 87,202 72,841
Per Capita Income ($) 35,590 33,952 27,986
Median Age 33.8 34.5 35.4

*Source: Decision Data Resources

Broomfield Area Single Family Housing Starts

Broomfield and the Boulder/Denver corridor is one of the fastest growing segments of the metro Denver area. Shown below is housing start information in Broomfield, the Denver/Boulder corridor and the Denver metropolitan area from 2001 through 2006.

  2009 2008 2007  2006  2005  2004 
Broomfield 132  152 473 744 585 398
Denver / Boulder Corridor 507 757 1,118 2,635 3,417 1,566
Denver Metro Area 2,405 3,727 7,219 11,183 15,988  14,460