ROUTT COUNTY RANKS 5th HIGHEST OUT OF 10
To help quantify this diversified strategy, the Team agrees that if the top three industry sectors in any community represent more than 50% of its revenue sources,
this indicates that the community may be at risk for being too dependent upon a limited number of industries. Furthermore, the Team believes it is important to look at the economic section of the Index from three vantage points:

1. Economic Diversity–the power to exist-succeed in areas outside of any one segment;


2. Affordability—what is the cost-of-living in our community,


3. Strength of our Industrial Base—Changes in the personal income of the residents of the county factor into our economy over time.

The Team has identified six categories to quantify and track in order to continue to foster a healthy economy: Gross County Product (GCP), Income and Employment Diversity by Industry, Housing Affordability, Construction Industry Values, and Value of Agriculture Production.

Utilizing the weighting and prioritization the Team established categories for the Economic Index, Routt County ranks the fifth highest for economic “livability” in the 10-county study. For detailed descriptions of data sources and calculations, please see the links to supporting documents below.