The 10 Hottest Job Markets In Colorado For 2020

by Kathy Morris
Best Places For Jobs - 10 months ago

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Anticipating a job hunt in 2020?

If so, you might be nervous about the state of your local job market or curious how it stacks up to rival cities. Cities in the same state can have dramatically different job markets. Job hunting in one part of the state can be a piece of cake, while in another city it can be a herculean task to just land an interview.

Here at Zippia, we love math (and jobs!), so we delved into the data to determine where in 2020 it was easiest to find a job in Colorado.

Here are the ten hottest job markets in Colorado.

There you have it, folks- the ten cities where it was easiest to get a job in Colorado. Keep reading for a more detailed breakdown of how we reached these results. Your city not in the top 10? Keep scrolling to see where it landed on the full list.

How we determined the best job markets in Colorado

We used the most recent Census American Community Survey to pull data for the main Colorado metro areas. We only looked at cities with a working civilian population above 5,000.

While unemployment rate can tell you a lot about the local job market, it is simply one metric and job markets are complex entities. We opted to take a more in-depth look at the best job market in Colorado.

Each metro-area was ranked 1-to-47 in four categories:

  • Unemployment Rate
  • Change In Unemployment Rate
  • Household Income Change
  • Current Average Household Income

The lower the score in each category the better. For example, the Superior area had the lowest unemployment rate at 2.4%, earning it the #1 spot for unemployment rate. The four ranked categories were then averaged together to produce our final list. The final list ranks the 47 metro areas from 1-to-47. Once again, the lower the score, the stronger the job market.

1. Castle Pines

Castle Pines, CO

Source: Public domain

Unemployment Rate: 3.19%
Average Income: $192,062

2. Erie

Erie, CO

Unemployment Rate: 3.88%
Average Income: $133,173

3. Greenwood Village

Greenwood Village, CO

Unemployment Rate: 3.44%
Average Income: $219,261

4. Frederick

Frederick, CO

Unemployment Rate: 3.85%
Average Income: $110,937

5. Centennial

Centennial, CO

Unemployment Rate: 3.42%
Average Income: $128,624

6. Castle Rock

Castle Rock, CO

Unemployment Rate: 3.02%
Average Income: $122,417

7. Superior

Superior, CO

Unemployment Rate: 2.42%
Average Income: $146,254

8. Steamboat Springs

Steamboat Springs, CO

Unemployment Rate: 3.45%
Average Income: $100,951

9. Broomfield

Broomfield, CO

Unemployment Rate: 3.6%
Average Income: $115,956

10. Durango

Durango, CO

Source: Public domain

Unemployment Rate: 4.35%
Average Income: $96,916

MEASURING THE BEST JOB MARKETS In Colorado

You might be reading this and thinking, ‘Hey, I live in Superior and have been unemployed for months- this can’t be right!’ That’s entirely possible.

While Superior and the surrounding metro area have the hottest job market in Colorado, personal finances can be, well, personal. Education, work experience, and occupation all play a big role in securing a job. However, overall, job seekers in Superior will have an easier time than those in cities near the bottom of the list.

Detailed List Of The Hottest Job Markets In Colorado

Rank Place Unemployment Rate Average Income
1 Castle Pines 3.19% $192,062
2 Erie 3.88% $133,173
3 Greenwood Village 3.44% $219,261
4 Frederick 3.85% $110,937
5 Centennial 3.42% $128,624
6 Castle Rock 3.02% $122,417
7 Superior 2.42% $146,254
8 Steamboat Springs 3.45% $100,951
9 Broomfield 3.6% $115,956
10 Durango 4.35% $96,916
11 Johnstown 4.99% $109,913
12 Lone Tree 3.13% $162,854
13 Arvada 3.82% $100,531
14 Denver 4.01% $93,650
15 Littleton 3.98% $102,279
16 Loveland 4.29% $80,522
17 Lafayette 3.88% $107,205
18 Parker 3.11% $122,758
19 Windsor 2.97% $114,950
20 Louisville 4.26% $123,932
21 Aurora 5.0% $78,184
22 Evans 3.18% $71,254
23 Firestone 4.29% $106,085
24 Northglenn 5.08% $78,669
25 Commerce 4.2% $83,716
26 Lakewood 3.58% $83,808
27 Golden 3.94% $93,646
28 Brighton 4.69% $88,965
29 Fountain 8.61% $74,643
30 Thornton 3.71% $90,680
31 Montrose 8.18% $58,663
32 Wheat Ridge 3.9% $76,250
33 Boulder 5.05% $102,803
34 Longmont 6.02% $88,137
35 Glenwood Springs 4.51% $81,272
36 Westminster 4.35% $92,655
37 Fort Collins 5.92% $82,777
38 Greeley 5.58% $69,675
39 Fort Morgan 3.95% $59,646
40 Federal Heights 4.07% $55,944
41 Ca���on 5.39% $57,719
42 Colorado Springs 6.09% $80,755
43 Fruita 10.6% $60,612
44 Englewood 5.76% $75,295
45 Sterling 5.15% $51,038
46 Pueblo 9.5% $54,040
47 Grand Junction 7.73% $67,135
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