Other similar organizations in Colorado 371 establishments · 3,128 employees · 2024
Firms (CO)
371
Employment
3,128
Avg Annual Pay
$72,328
State Rank
#11 of 52
How Colorado compares to national
Metric
Colorado
National
Colorado vs. U.S.
Establishments
371
15,622
2.4% of U.S. total
Avg annual pay
$72,328
$59,447
+$12,881 (+21.7%)
Location quotient
1.17
1.00
17% denser than national
Avg firm size (employees)
8.4
7.0
—
Year-over-year firm growth
-2.1%
—
—
Reading this
An establishment is a single physical location where business is conducted. A firm with multiple locations counts as multiple establishments. "Avg pay" is wages and salaries per employee, including bonuses and tips — for proprietorships, the owner's take is largely outside this number. The location quotient (LQ) of 1.17 means other similar organizations are 17% over-represented in Colorado's business mix relative to the U.S. average.
Source. BLS Quarterly Census of Employment and Wages — 2024 annual averages, private-ownership only, NAICS 813990. Establishment counts include any firm with at least one paid employee covered by state unemployment insurance.
SMB Density · firm counts, employment, and wages by industry × state · data from BLS QCEW 2024 annual (private ownership, state-level; mostly 6-digit NAICS, 3 specialty-trade industries at 5-digit aggregation) · data.json