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==Economy== [[File:Glenwood Springs, Colorado, Its Baths and Hotel Colorado (NYPL b12647398-79296).tiff|thumb|Historical image of Glenwood Springs, Colorado, its baths and Hotel Colorado]] Glenwood does not primarily serve as a [[Commuter town|bedroom community]]. In 2020, it received stimulus money.<ref>{{Cite web|url=https://www.postindependent.com/news/gov-jared-polis-awards-glenwood-springs-tourism-stimulus-efforts/|title=Gov. Jared Polis awards Glenwood Springs tourism stimulus efforts|first=Ike|last=Fredregill|website=www.postindependent.com|date=November 16, 2021|access-date=November 18, 2021|archive-date=November 18, 2021|archive-url=https://web.archive.org/web/20211118062731/https://www.postindependent.com/news/gov-jared-polis-awards-glenwood-springs-tourism-stimulus-efforts/|url-status=live}}</ref> Due to severe geographic constraints,<ref name="glenwood-springs.co.us"/> if further population growth is to be accommodated, it must come primarily from multifamily [[infill]] development.<ref>{{Cite news| url=http://www.postindependent.com/news/15734373-113/no-room-for-renters-as-population-prices-rise| last1=Essex| first1=Randy| title=No room for renters as population, prices rise| work=Post Independent| date=April 10, 2015| access-date=November 14, 2016| archive-date=June 11, 2016| archive-url=https://web.archive.org/web/20160611053509/http://www.postindependent.com/news/15734373-113/no-room-for-renters-as-population-prices-rise| url-status=live}}</ref><ref>{{Cite web|url=https://www.aspendailynews.com/news/glenwood-springs-insists-overlay-zone-about-people-not-sales-tax/article_18a8fdc0-8571-11ec-a2be-87f222628dcc.html|title=Glenwood Springs insists 'overlay zone' about people, not sales tax|author=Matthew Bennett|website=Aspen Daily News|date=February 4, 2022|access-date=February 5, 2022|archive-date=February 5, 2022|archive-url=https://web.archive.org/web/20220205060411/https://www.aspendailynews.com/news/glenwood-springs-insists-overlay-zone-about-people-not-sales-tax/article_18a8fdc0-8571-11ec-a2be-87f222628dcc.html|url-status=live}}</ref> ''[[Bloomberg Business]]'' named Glenwood Springs the seventh wealthiest small town in America in 2015,<ref>{{cite news | url=https://www.bloomberg.com/news/articles/2015-08-19/these-are-the-20-richest-small-towns-in-america | work=Bloomberg | first=Erin | last=Roman | title=These Are the 20 Richest Small Towns in America | date=August 19, 2015 | access-date=March 7, 2017 | archive-date=May 17, 2017 | archive-url=https://web.archive.org/web/20170517043308/https://www.bloomberg.com/news/articles/2015-08-19/these-are-the-20-richest-small-towns-in-america | url-status=live }}</ref><ref>{{Cite news| url=http://www.postindependent.com/news/17811209-113/glenwood-linked-with-aspen-is-7th-richest-small-us| last1=Essex| first1=Randy| title=Why is Glenwood the 7th-richest small town in U.S.?| work=Post Independent| access-date=November 14, 2016| archive-date=June 11, 2016| archive-url=https://web.archive.org/web/20160611075036/http://www.postindependent.com/news/17811209-113/glenwood-linked-with-aspen-is-7th-richest-small-us| url-status=live}}</ref> due principally to the influence of Aspen.{{citation needed|date=November 2021}} Glenwood Springs and Aspen share a [[micropolitan statistical area]], and businesses often serve the entire Valley. Many small businesses start in the area due to the ambient wealth and a strong preference for local business, but they typically relocate to larger metropolitan areas after successful growth leads to needs for more affordable labor and physical resources.<ref>{{Cite news| url=http://www.postindependent.com/news/21357340-113/homegrown-meier-skis-headed-to-denver| last1=Stroud| first1=John| title=Homegrown Meier Skis headed to Denver| work=Post Independent| date=April 28, 2016| access-date=November 14, 2016| archive-date=June 7, 2016| archive-url=https://web.archive.org/web/20160607014727/http://www.postindependent.com/news/21357340-113/homegrown-meier-skis-headed-to-denver| url-status=live}}</ref> A ranch located in Glenwood Springs produces Red Delicious apples.<ref>{{Cite web |last=Ranch |first=Orchard Creek |title=Orchard Creek Ranch |url=https://orchardcreekranch.com/u-pick-apples |access-date=December 3, 2022 |website=Orchard Creek Ranch |language=en-US |archive-date=December 3, 2022 |archive-url=https://web.archive.org/web/20221203234742/https://orchardcreekranch.com/u-pick-apples |url-status=live }}</ref> ===Top Employers=== As of the city's 2022 Annual Comprehensive Financial Report, Glenwood Springs' top employers are:<ref>{{cite web |url=https://www.cogs.us/ArchiveCenter/ViewFile/Item/1600 |title=City of Glenwood Springs 2022 ACFR |website=cogs.us}}</ref> {| class="wikitable sortable" |- ! # !! Employer !! Employee Range |- | 1 || Valley View Hospital || 1,000 - 1,250 |- | 2 || [[Lowe's Home Improvement]] || 250 - 499 |- | 3 || [[Walmart]] || 250 - 499 |- | 4 || [[City Market (US grocery store chain)|City Market]] || 250 - 499 |- | 5 || [[Colorado Mountain College]] || 250 - 499 |- | 6 || [[Target Corporation|Target]] || 250 - 499 |- | 7 || [[Glenwood Caverns Adventure Park]] || 100 - 249 |- | 8 || Glenwood Hot Springs Resort || 100 - 249 |- | 9 || Roaring Fork School District RE-1 || 100 - 249 |- | 10 || City of Glenwood Springs || 100 - 249 |- |}
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