Denver is the capital and largest city of Colorado, an important economic and cultural center. The advantageous geographical location of Denver, in about the middle of the Eastern and Western Coast of the USA, makes it a strategically valuable and convenient place to accommodate federal institutions, creating high-tech industries, developing tourism, etc.
Denver takes nineteenth place in the list of the largest cities of the United States. The number of its population exceeds 700,000 people. At the beginning of the 20th century, the economy of Denver, as well as the Colorado state, was based on the extraction of minerals and processing of agricultural products (primarily animal husbandry).
In 1928, near the city, the construction of a railway tunnel was completed through the rocky mountains, which significantly cut the path to the Pacific coast. In 1929, the first airport was opened in the city.
The median household income in Denver is $68,377. The economy of Denver employs 418,000 people. The largest industries in the city are Professional, Scientific, & Technical Services (56,302 people), Health Care & Social Assistance (45,882 people), and Retail Trade (39,142 people), and the highest paying industries are Management of Companies & Enterprises ($131,204), Mining, Quarrying, & Oil & Gas Extraction ($72,083), and Finance & Insurance ($71,556).
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