Coal mining The valley's principal coal mines are all now closed except for
Arch Coal's West Elk Mine,
Bucyrus International, a supplier of underground coal mining equipment, operates a small warehouse in Paonia for support of the underground longwall systems that are operating in the North Fork valley.
Union Pacific provides service to the mine, loading 100 car trains in two hours. The most recent mine closure shuttered Bowie #2 Mine. The community has mounted legal challenges to proposed oil and gas drilling
fracking in the surrounding North Fork Valley.
Agriculture The area around Paonia is known for its orchards which produce peaches, apples, cherries, pears, and plums. In addition, several vineyards and wineries have been established in the area, and are some of the highest wineries in North America. Five of the more well-known wineries are Alfred Eames Winery, Black Bridge Winery, Stone Cottage Cellars, Azura Cellars, and Endless Endeavor Winery. This is one of the few regions of Colorado that has successfully cultivated and bottled a
pinot noir. The Paonia wineries are part of the West Elk Wineries Trail and annual Tour held the second week of June. Some of Colorado's best livestock also comes from this region. The livestock includes cattle, sheep, poultry, and pigs.
Schools The Delta County School District Board of Education decided in February 2021 to close separate high schools in Paonia and
Hotchkiss, Colorado, and build a joint high school, North Fork High School, located in Hotchkiss. Both schools have been losing students as coal mines in the area have closed. Kindergarten to 8th grade education will continue in both communities.
Media The noted Western newspaper,
High Country News, is based in Paonia.
High Country News reports on the western United States and is focused on the environment, land use, and public lands issues. Community radio station
KVNF was founded in Paonia and continues to have studios in downtown Paonia. KVNF also now serves a number of towns in the North Fork and Uncompaghre valleys in western Colorado through a network of stations and translators. Paonia does not have a local newspaper. It is served by
The North Fork Times, formerly an independent paper and now a section in the
Delta County Independent. The area is also served by the monthly
North Fork Merchant Herald, published in nearby Hotchkiss. The weekly
Mountain Valley News was published in Cedaredge and distributed widely throughout Delta County, but closed in September 2013. Their sister publication,
The High Country Shopper, is published in Paonia. ==Climate==