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All About

Living In Eldorado Springs, CO

The small town of Eldorado Springs, Colorado is home to slightly less than 1,000 people. Middle-aged professionals account for a larger portion of the population here (52%) than nationally (38%), meaning they will find no shortage of activities, while young professionals account for a smaller percentage of the town. Overall, the town's population, with an average age of just under 46, skews older than most cities in Colorado. Renters tend to be in the minority in the town, and 94% of residents own their homes. With an average rent of $1,357 a month, exceeding the state average by $166 a month, relatively high rent costs may be playing a role in the higher levels of ownership.

With an average commute time of about 32 minutes, slower than most cities in Colorado, Eldorado Springs residents are well aware that traveling to work takes some patience. Driving a vehicle is the typical means of commuting to work, chosen by 33% of workers, while public transit isn't extensively used. Relatively few workers (11%) commute on foot, though the number is well above the national average.

Eldorado Springs has a large percentage of residents over the age of 25 with advanced degrees compared to the national average (7%), as 25% have earned a Master's or a Doctoral degree. Furthermore, 33% possess a Bachelor's degree, which also outpaces the national average. There are three primary industries in Eldorado Springs: scientific, healthcare, and education. Combined, these industries account for 35% of the town's labor force. Meanwhile, looking at job function, many of the town's workers are in sales, as 7% of the town's population reports this as their field of work, the highest number of any career path. With an average annual income of just over $115,000, Eldorado Springs workers take home about $35,000 more than the average Colorado resident. The town's average income also compares favorably to the national average ($73,345).



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