Outsourced HR and Payroll Services in Lone Tree, CO
Payroll services in Lone Tree, CO
When you employ your local Payroll Vault in Lone Tree, CO, you access a dedicated team to ensure you are compliant, and gain access to our suite of services that guarantee you are supported with cutting-edge technology solutions to make your payroll processing simple and secure. Our commitment to help businesses succeed, combined with our unparalleled customer service, allows us to successfully customize and highly personalize your services.Facts about Lone Tree, CO
Lone Tree is a home rule municipality located in Douglas County, Colorado. As of July 2023, the city has a population of approximately 14,414 residents. Lone Tree is situated in the South Metro Denver region and is known for its strong business community, vibrant public spaces, and access to the Rocky Mountains. It covers a land area of about 9.68 square miles and is well-connected by major highways, including Interstate 25 and C-470. Lone Tree was incorporated in 1995 and has since become a hub for retail, healthcare, and professional services.
Geography
Lone Tree is strategically located at the crossroads of I-25 and C-470, providing high visibility and easy access to Denver and Colorado Springs. The city is home to five RTD light rail stations, offering unique transit-oriented development opportunities. Its proximity to major airports, such as Centennial Airport (5 miles away) and Denver International Airport (35 miles away), further enhances its accessibility. The region has a semi-arid climate with warm summers and mild winters, typical of Colorado's Front Range.
Demographics
As of 2023, Lone Tree has a median household income of $127,430 and an average household income of $186,833, reflecting the area's affluence. The median home value in Lone Tree is approximately $740,789. The city has around 6,212 households, with an average household size of 2.29 people. The population is primarily family-oriented, with 80.9% of residents living in family households. The city’s highly educated workforce and low tax rates make it a desirable place for both residents and businesses.
