GREELEY — Greeley ranks among the Top 25 cities nationwide in terms of economic growth, according to a new study from WalletHub. The study sought to determine where the fastest local economic growth has occurred over seven years, comparing 515 cities of different sizes.
Greeley ranked No. 23 on the list among cities of all sizes, with Denver following at No. 27. Other Colorado cities on the list and their ranks included Thornton, 44; Loveland, 63; Fort Collins, 70; and Arvada, 77.
Longmont Area Chamber of Commerce workers’ compensation safety group program received a group dividend of $308,806 from Colorado’s largest workers’ compensation insurer Pinnacol Assurance. Safety group policyholders who contributed to the overall success of the group during this group year were eligible to receive a portion of the dividend.
The study compared the cities based on 17 measures of both growth and decline. Measures used in the study included data such as population growth, decline in unemployment, regional gross domestic product per capita, job growth and decrease in the poverty rate.
Greeley ranked No. 15 among midsize cities of 100,000 to 300,000 population. Also in the Top 50 for midsize cities were Thornton at No. 28, Fort Collins at No. 43 and Arvada at No. 47.
Among small cities with less than 100,000 population, Loveland ranked No. 16, with Longmont at No. 24.