Town of Gypsum

2017 Community Profile

TOWN OF GYPSUM, Located in the heart of Colorado’s acclaimed resort region, near the world-class mountain resorts of Vail and Beaver Creek, Gyp- sum offers business and retail partners high quality infrastructure, a robust water portfolio, and strong leadership that supports business and recreational development opportunities that benefit our residents and their families.

TownOfGypsum.com | MAP OF GYPSUM

Eagle County Regional Airport Vail Valley Jet Center

Buckhorn Valley Blvd. Vail & Beaver Creek

Spring Spring Creek Rd. Cooley Mesa Rd. Mountains - 35 min.

LOCAL AIRPORTS

LOCATION The Town of Gypsum is located in Eagle County, along Colora- do’s primary east-west transportation route (I-70) and is home to Eagle County Regional Airport, Vail Valley Jet Center and some of the most competitively priced commercial and residential property available in the Vail Valley. The community operates as a major commercial and transportation hub serving the needs of the entire resort region.

REGIONAL TRAVEL TIMES 59-MINUTE MEDIAN DRIVE-TIME TO TEN LOCAL SKI RESORTS • Vail Mountain • Breckenridge Ski Resort • Aspen Highlands Ski Resort • Beaver Creek • Copper Mountain • Aspen Mountain Ski Resort • Steamboat Ski Resort • Aspen • Sunlight Mountain Resort • Ski Area INFRASTRUCTURE QUICK FACTS WATER 2017 Population 7,059 Median Age 35 • Healthy and diverse water portfolio • Community water system supplies drinking water to 2,791 Housing Units 2,548 connections Median Household Income $88,700 • Average daily demand of 1.23 MGD with an average peak Planning Area Square Miles 10.85 of 1.43 MGD Incorporated Square Miles 8.84 • Two water treatment facilities with a total capacity to treat 2.97 MGD Acres of Parks 93 • Total potable water storage capacity of 7.2 million gallons 2017 Budget $12,648,901 • Non-potable water storage of 947 Acre/Ft (308.6 million 2025 Population Estimate 8,842 gallons) in LEDE Reservoir • Wastewater capacity of 0.96 MGD MILL LEVIES

General Operating Funds 5.094 TRANSPORTATION Total 5.094 • Served by I-70, State Highway 6 and the Union Pacific rail line • ECO Transit bus system provides service within:

SERVICES Eagle County to Vail • Red Cliff • Minturn • EagleVail Avon, Edwards and Eagle • Leadville in Lake County Water • Sewer • Street • Trash • Parks Storm Drainage • Gypsum Creek Golf Course AIRPORTS Gypsum Shooting Sports Park • Eagle County Regional Airport - EGE is located on Cooley Gypsum Recreation Center Mesa Road, 1 mile south of I-70 and includes a 9,000 foot concrete main runway, open year-round for business and personal use. • Vail Valley Jet Center offers FBO services including ramp parking, quick turn, line service, interior and exterior detailing service, lavatory and water service, GPU equipment, maintenance, hanger space, AV Fuel branded fuel,100LL Self-service fueling facility, Type 1 and 4 heated glycol and charter aircraft. There are over 4,000 FBO’s in the US, and VVJC has been ranked in the top 30 for the past 13 years in the Pro Pilot PRASE survey. • Denver International Airport (DEN) is located 2 hours and 30 minutes away via I-70.

ELECTRICITY AND NATURAL GAS • Holy Cross Energy provides electric services to Gypsum with a major substation located along Cooley Mesa Road. • Black Hills Energy provides natural gas service to Gypsum. TAXES & TRAFFIC EDUCATION

SALES TAX HIGHER EDUCATION GLENWOOD TAX Eagle County is home to Colorado Mountain GYPSUM EAGLE AVON MINTURN VAIL SPRINGS DISTRICT (GARFIELD COUNTY) College, offering a variety of career training State of Colorado 2.9% 2.9% 2.9% 2.9% 2.9% 2.9% and continuing education opportunities as County 1.5% 1.5% 1.5% 1.5% 1.5% 1.0% well as Associate and Bachelor degree pro- Municipal Sales Tax 3.0% 4.5% 4.0% 4.0% 4.0% 3.7% grams. Eagle County is also home to the Vail RTA (Rural Transit Authority, Garfield County Only) 1.0% Centre, offering a variety of University Cer- Total 7.4% 8.9% 8.4% 8.4% 8.4% 8.6% tificate programs from institutions including No Lodging/Occupational tax. Colorado Individual Income Tax and Corporate Income Tax is a flat rate of 4.63% Cornell, Duke, Dartmouth and Yale School of Management. GYPSUM & EAGLE TRAFFIC COUNTS INTERSECTION AADT Gypsum is located within 2.5 hours of 4 four- year state-supported Universities, 3 four-year I-70 Traffic Circle - Gypsum 8,600 private universities, 8 two-year colleges and Valley Road and Highway 6 - Gypsum 9,800 several world-class research institutions. I-70 at Gypsum 20,000

I-70 at Eagle 26,000 Chambers & Eby Creek Rd. - Eagle 18,000 SCHOOLS SERVING GYPSUM - 5 Elementary Schools, K-5 2 *AADT = Average Annual Daily Traffic Middle Schools, 6-8 1

Disclaimer: Traffic data is provided as a service and is sourced from CDOT’s High Schools 1 Online Transportation Information Center (OTIS). Town of Gypsum makes Charter Schools 1 no warranty, express or implied about the validity of this information and encourages interested parties to independently verify this and other infor- mation provided in this Community Profile. Gypsum is served by Eagle County School District. For more information regarding Eagle County Schools visit EagleSchools.net.

EDUCATIONAL ATTAINMENT GYPSUM EAGLE EAGLE COUNTY

Bachelor Degree or Higher 28.5% 50.9% 46.7%

High School Graduate or Higher 79% 93% 89.1%

Source: 2011-2015 American Community Survey 5-Year Estimates LABOR FORCE

MAJOR EAGLE COUNTY EMPLOYERS EAGLE COUNTY EAGLE COUNTY EMPLOYMENT EMPLOYER NUMBER OF EMPLOYEES Labor Force 33,871 Unemployed 570 (1.7%) Vail Resorts >1500 Employed, 98.3% Employed 33,301 (98.3%) Eagle County Schools 500-1000 Unemployed, 1.7% Vail Valley Medical Center 500-1000

Eagle County Government 400-500 COLORADO Hotel Talisa 400-500 STATE OF COLORADO EMPLOYMENT Ritz-Carlton Hotel 300-400 Labor Force 2,944,747 Park Hyatt, Beaver Creek 200-300 Unemployed 63,962 (2.2%) Walmart 200-300 Employed, 97.8% Employed 2,880,785 (97.8%) Sonnenalp Resort and Spa 200-300 Unemployed, 2.2% Town of Vail 200-300 The total civilian labor force (not seasonally adjusted) for Colorado in April, 2017 was 2,944,747 of which 2,880,785 were employed and 63,962 Data: QCEW, 2014 were unemployed. The unemployment rate was 2.2% percent.

Source: LAUS Unit, LAUS system output file, CO Dept. of Labor & Employment May, 2017. Colorado is a Modified Right-to-Work State

TOP GYPSUM EMPLOYERS

EMPLOYER NUMBER OF EMPLOYEES Eagle County Schools 215 Costco Wholesale 162 American Gypsum 93 Colorado Mountain News Media 70 Town of Gypsum 45 HOUSING & INCOME

GYPSUM MEDIAN GYPSUM HOUSING STATISTICS HOUSEHOLD INCOME

Under $50k, HOUSING TYPE AVERAGE PRICE PRICE PER SQUARE FOOT 20%

Over Average Single Family $402,235 $216 $100K, $50k 45% to $100K, Average Multi-Family $205,396 $184 37%

Source: 2011-2015 American Source: Land Title Eagle County Market Analysis, May 2017 Community Survey 5-Year Estimates

GYPSUM HOUSEHOLD & POPULATION ESTIMATES

8000 # of dwelling units population 7000 6000

6,927 EAGLE COUNTY RENTAL STATISTICS

5000 6,475 7,832

4000 4,956 Average Studio Rental $802 4,151 3000 2,407 2,348 Average 1 Bedroom/1 Ba. Rental $1,087 2,212

2000 1,787 1,390 Average 2 Bedroom/1 Ba. Rental $1,314 1000 Average 3 Bedroom/2 Ba. Rental $1,541 2000 2005 2010 2015 2020

Source: As of June 1, 2017., Based on Colorado State Demography Source: PSP Eagle County Market Summary June 2017 Office Projections

GYPSUM MEDIAN INCOME HOUSEHOLD INCOME GYPSUM EAGLE EAGLE COUNTY

Median Household Income $88,700 $78,000 $72,200 Under 50K 20%

$50K to $100K 37% Per Capita Income $36,200 $35,000 $38,200 Over $100K 73%

Source: 2011-2015 American Community Survey 5-Year Estimates SERVICES

SAFETY Gypsum’s Police services are contracted through the Eagle County Sheriff’s Department and the community is served by the Gypsum Fire Protection District.

PARKS & RECREATION Neighborhood parks 7 Community Park 13 Sports Complex 1* Miles of Paved Paths 21.5 MEDICAL FACILITIES Total Park Acreage 93 Gypsum Urgent Care - Local Ponds 2 Eagle Healthcare Center - 6 mi. Golf Course Gypsum Creek Golf Course Centura Health Emergency Shooting Range Gypsum Shooting Sports Park & Urgent Care - 28 mi. Recreation Center Gypsum Recreation Center - 37 mi. Vail Health *GRC Sports Complex has one baseball field and up to 12 fields Valley View Hospital - 26 mi. of various sizes. Shaw Regional Cancer Center - 24 mi.

BUSINESS RESOURCES CONTACT INFORMATION Town of Gypsum 8150 High Altitude Jeremy Rietmann Economic Development Entreprenuers TownOfGypsum.com 8150.co Economic Development Director O: 970.524.1730 Gypsum Chamber of Commerce SimpatiCoworking GypsumChamber.com SimpatiCoWorking.com C: 970.343.9887 Eagle Valley Library District Vail Valley Partnership [email protected] Evld.org VailValleyMeansBusiness.com

State of Colorado 50 Ludgren Blvd. ChooseColorado.com

PO Box 130 Gypsum, CO 81637 TownOfGypsum.com |