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Elizabeth, Colorado Demographics & Population 2026

During the 2020–2024 ACS period, Elizabeth, Colorado had a total population of 2,244, the 168th largest town in Colorado, with a median household income of $112,986, which is 18% higher than the state average. The poverty rate is 2.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Elizabeth Quick Facts

Population 2,244
Median Household Income $112,986
Median Home Value $475,900
Poverty Rate 2.0%
Unemployment Rate 2.4%
Median Age 32.7 years
Homeownership Rate 94.2%
Affordability Ratio 4.2x
Bachelor's Degree or Higher 46.8%
High School Graduation Rate 98.3%
Diversity Index 23/100
Population 2,244 168th of 472
Median Income $112,986 top 30%
Poverty Rate 2.0% 84% lower than national
Median Home Value $475,900 average

How Elizabeth Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,6942,244+32.5%
Median household income$110,227$112,986+2.5%
Median home value$444,000$475,900+7.2%

How Elizabeth Compares

Economy & Housing

Household Income Distribution

Under $25K 3.0%
$25K-$50K 8.2%
$50K-$100K 22.7%
$100K+ 66.1%
Detailed income brackets
Under $10K
1.0%
$10K-$15K
0.0%
$15K-$20K
0.5%
$20K-$25K
1.5%
$25K-$30K
1.9%
$30K-$35K
0.0%
$35K-$40K
4.3%
$40K-$45K
1.3%
$45K-$50K
0.8%
$50K-$60K
4.3%
$60K-$75K
6.8%
$75K-$100K
11.7%
$100K-$125K
25.4%
$125K-$150K
15.3%
$150K-$200K
19.4%
$200K+
6.0%

Employment

2.4% Unemployment Rate State: 4.6%|National: 5.2%
69.4% Labor Force Participation

Housing Overview

Owner 94.2%
Renter 5.8%
Affordability Index Moderate
4.2x home value to income ratio
Median gross rent $1,808/mo 19.2% of median household income annually

People & Demographics

Diversity Index

23out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 52 | National average: 61

Education

Elizabeth Rankings in Colorado

#168 Population of 472
#100 Median Income of 399
#166 Education of 472
#178 Home Value of 412

Other Cities in Elbert County

CityPopulationMedian IncomePovertyHome Value
Ponderosa Park 3,453 $132,154 5.4% $704,000
Kiowa 673 $92,625 15.7% $367,000
Simla 423 $44,688 31.0% $251,400
Elbert 164 $69,167 15.8% $327,100
Matheson 34 N/A 14.7% $360,000

Cities Similar to Elizabeth

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Telluride2,160$102,405N/A85.7%0.6%
Coal Creek2,346$134,250$625,80058.1%5.4%
Ault2,425$95,049$359,10023.6%4.9%
Holly Hills2,572$122,391$702,00067.7%6.0%
Keenesburg2,347$83,950$432,9009.8%10.0%

Population Overview

Elizabeth is a small community located in Colorado, within Elbert County. The total population is 2,244. It ranks as the 168th most populous out of 472 Census-designated places in Colorado.

Age Demographics

The median age in Elizabeth is 32.7 years. This is 13% lower than the state median of 37.7 years.

Economy, Income & Housing

The median household income in Elizabeth is $112,986. This is 18% higher than the state median of $95,470. It is also 40% higher than the national median of $80,734. The poverty rate stands at 2.0%. This is 79% lower than the state poverty rate of 9.4%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.4%. This is 48% lower than the state rate of 4.6%. The median home value is $475,900. Housing costs are 12% lower than the state median of $539,400. The home-value-to-income ratio is 4.2x. 94.2% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 66.2%.

Race & Ethnicity

Elizabeth has a predominantly White (non-Hispanic) population, comprising 87.1% of all residents. Hispanic or Latino residents account for 5.6%. The Hispanic or Latino population (5.6%) is well below the state average of 22.5%. The Asian population (0.9%) is well below the state average of 3.2%.

Education

46.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 2% higher than the state rate of 45.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.3%.

Data Sources & Methodology

All demographic data for Elizabeth, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 472 Census-designated places in Colorado. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Colorado city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Elizabeth, Colorado?

Elizabeth, Colorado has a population of 2,244 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elizabeth, CO?

The median household income in Elizabeth is $112,986, which is 40% higher than the national median of $80,734.

What is the poverty rate in Elizabeth, CO?

The poverty rate in Elizabeth is 2.0%. This means approximately 45 residents live below the federal poverty line.

What is the racial makeup of Elizabeth, Colorado?

Elizabeth's population is 87.1% White, 0.0% Black, 5.6% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Elizabeth, CO?

The median home value in Elizabeth is $475,900. The home-value-to-income ratio is 4.2x.

How educated is Elizabeth, Colorado?

46.8% of adults (25+) in Elizabeth hold a bachelor's degree or higher, and 9.1% hold a graduate or professional degree.