Elizabeth

Population: 1,694
Median household income: $110,227
Median home value: $444,000

Located in Elbert County, Colorado, Elizabeth is a community with a population of 1,694. Its median household income of $110,227 runs below the Elbert County figure of $129,477.

Between 2019 and 2023, Elizabeth's population grew 50.6% from 1,125 to 1,694, while its median home value rose 71.8% from $258,500 to $444,000.

Owners occupy 88.4% of the area's occupied homes. The median resident is 32.5 years old.

Demographics

ACS 2019–2023

Population: 1,694
Median age: 32.5 yrs
Median household income: $110,227
Median home value: $444,000
Median gross rent: $1,526
Housing units: 610
Homeownership rate: 88.4%
Bachelor's degree or higher: 39.6%
Unemployment rate: 3.3%

Trends

ACS 5-year · 2019–2023

Population

1,1251,694

Median household income

$65,489$110,227

Median home value

$258,500$444,000

Median gross rent

$1,071$1,526

Year	Population	Median household income	Median home value	Median gross rent
2019	1,125	$65,489	$258,500	$1,071
2020	1,754	$78,589	$321,100	$1,010
2021	1,792	$91,344	$349,000	$1,391
2022	1,830	$99,889	$405,800	$1,506
2023	1,694	$110,227	$444,000	$1,526

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 57.1%

5 to 1716.3%

18 to 249.3%

25 to 3422.3%

35 to 4410.0%

45 to 546.3%

55 to 6412.2%

65 to 7414.5%

75 and over2.0%

	Count	Share
Under 5	120	7.1%
5 to 17	276	16.3%
18 to 24	158	9.3%
25 to 34	378	22.3%
35 to 44	169	10.0%
45 to 54	106	6.3%
55 to 64	207	12.2%
65 to 74	246	14.5%
75 and over	34	2.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,470	86.8%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	3	0.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	124	7.3%
Hispanic or Latino (any race)	97	5.7%

Educational attainment (age 25+)

No high school diploma2.0%

High school graduate26.0%

Some college or associate's32.5%

Bachelor's degree32.3%

Graduate or professional degree7.3%

	Count	Share
No high school diploma	23	2.0%
High school graduate	296	26.0%
Some college or associate's	370	32.5%
Bachelor's degree	368	32.3%
Graduate or professional degree	83	7.3%

Commute to work

Mean travel time to work: 41 min

Drove alone73.7%

Carpooled11.5%

Public transit0.0%

Walked3.9%

Bicycle0.0%

Worked from home10.8%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	654	73.7%
Carpooled	102	11.5%
Public transit	0	0.0%
Walked	35	3.9%
Bicycle	0	0.0%
Worked from home	96	10.8%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	113	14.3%
15 to 29 min	86	10.9%
30 to 44 min	183	23.1%
45 to 59 min	184	23.3%
60+ min	225	28.4%

Households

Average household size: 2.89
Poverty rate: 3.2% (54 of 1,690)

	Count	Share
Family households	479	82.0%
Nonfamily households	105	18.0%

Housing

Median year structure built: 1994

Occupancy

	Count	Share
Occupied	584	95.7%
Vacant	26	4.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	516	88.4%
Renter-occupied	68	11.6%

1-unit, detached93.8%

1-unit, attached0.0%

2 to 4 units2.5%

5 to 19 units2.3%

20 or more units0.0%

Mobile home & other1.5%

Units in structure

	Count	Share
1-unit, detached	572	93.8%
1-unit, attached	0	0.0%
2 to 4 units	15	2.5%
5 to 19 units	14	2.3%
20 or more units	0	0.0%
Mobile home & other	9	1.5%

Geography

Place GEOID: 0823740
Type (LSAD): 43
Land area: 2.14 sq mi
Water area: 0 sq mi
Center point: 39.3651, -104.6039