Living in Idaho Springs, Colorado
Cost of living, income, home prices, rent and demographics of Idaho Springs · Census data 2020–2024
Idaho Springs has 1,986 residents with a median age of 43.3. The median household income is $89,436 (6% lower than the Colorado median), the median home value is $446,500, the median rent is $1,548/month.
Idaho Springs at a glance
- Population
- 1,986
- Median age
- 43.3State: 37.7
- Median household income
- $89,436State: $95,470
- Median home value
- $446,500State: $539,400
- Median rent
- $1,548/moState: $1,761
- Homeowners
- 74.2%
- Bachelor's degree or higher
- 49.3%
- Average commute
- 27 min
Is Idaho Springs a good place to live?
Pros: Home values 17% lower than the state median; unemployment of 3.5%; a poverty rate of 6.9%.
Cons: Median household income 6% lower than the Colorado median; an average commute of 27 minutes.
The weather is best in June to September.
Cost of living in Idaho Springs
Housing is the biggest part of the cost of living. In Idaho Springs the median home value is $446,500, 34% higher than the U.S. median. Renters pay a median of $1,548 per month, which is 18.9% of household income. Homeowners with a mortgage pay $2,136 a month in housing costs.
Idaho Springs median household income
The median household income in Idaho Springs is $89,436 and the income per person is $40,590. 6.9% of residents live below the poverty line (Colorado: 9.4%).
Housing in Idaho Springs: homes for sale and rent
- Housing units
- 842
- Owner-occupied
- 74.2%
- Renter-occupied
- 25.8%
- Vacant
- 7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.51
Idaho Springs demographics
- Population
- 1,986
- Median age
- 43.3
- Under 18
- 20.4%
- 65 and older
- 16.9%
- Households
- 783
- Foreign-born
- 4.2%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Idaho Springs ›
Education in Idaho Springs
49.3% of adults 25 and older in Idaho Springs have a bachelor's degree or higher (Colorado: 45.7%), and 20.7% have a graduate or professional degree.
Jobs and commute in Idaho Springs
- Unemployment rate
- 3.5%State: 4.6%
- Average commute
- 27 minState: 25 min
- Work from home
- 24.9%
- Drive alone
- 50.9%
- Public transit
- 0%
- Walk to work
- 7.1%
- Homes with broadband
- 87.1%
Idaho Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Idaho Springs | 1,986 | $89,436 | $446,500 | $1,548 |
| Central | 525 | $61,622 | $366,300 | $1,451 |
| Blue Valley | 120 | $80,100 | — | — |
| Black Hawk | 106 | $116,806 | $496,200 | — |
| Floyd Hill | 841 | $182,981 | $802,900 | $1,348 |
| Downieville-Lawson-Dumont | 345 | $57,784 | $383,700 | — |
| Pine Valley | 392 | $127,104 | $753,000 | — |
| Upper Witter Gulch | 731 | $250,001 | $756,400 | — |
| Empire | 672 | $66,797 | $356,500 | $1,614 |
More for people moving to Idaho Springs
Idaho Springs ZIP code ›Weather and climate ›Living in Idaho Springs: FAQ
What is the median household income in Idaho Springs, CO?
The median household income in Idaho Springs is $89,436, 6% lower than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Idaho Springs?
The median home value in Idaho Springs is $446,500, compared with $539,400 in Colorado.
How much is rent in Idaho Springs?
The median gross rent in Idaho Springs is $1,548 per month, about 18.9% of household income.
Is Idaho Springs, CO a good place to live?
Pluses: home values 17% lower than the state median; unemployment of 3.5%; a poverty rate of 6.9%. Minuses: median household income 6% lower than the Colorado median; an average commute of 27 minutes.
What is the median age in Idaho Springs?
The median age in Idaho Springs is 43.3 years (Colorado: 37.7).
How long is the commute in Idaho Springs?
The average commute to work in Idaho Springs is 27 minutes; 24.9% of workers work from home.
What is the unemployment rate in Idaho Springs?
The unemployment rate in Idaho Springs is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Idaho Springs?
49.3% of adults in Idaho Springs have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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