Simla, CO

Full City Profile · Colorado · Elbert County County

2.6 /5.0
C+ Fair
576 Population 886/sq mi density
$210,300 Home Value $334,561 Zillow
$1,141 Median Rent 36.4% income on rent
48°F Avg Temperature
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Education
2.6 / 5.0
19.9% bachelor's degree or higher

Simla, CO

At a Glance

Home Value
$210,300
25% below
Zillow: $334,561
Median Rent
$1,141/mo
2% below
36.4% of income on rent
Bachelor's Degree+
19.9%
41% below
95.5% high school+
Unemployment
0.0%
100% below
33.1% poverty rate
Obesity Rate
26.3%
18% below
13.8% smoking rate
Avg Temperature
48°F

How Simla Compares to the U.S. Average

Each bar shows Simla's value as a percentage of the national average (100% = U.S. avg)

Home Value
75%
Rent
98%
Poverty
267%
Bachelor's
59%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Simla a Good Place to Live?

C+
2.6 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Housing & Cost of Living

The median home value in Simla is $210,300 , 25% below the national median of $281,900. Zillow estimates the typical home at $334,561. Median rent is $1,141/month, with 36.4% of renters spending more than 30% of income on housing. The cost of living index is 103.1 (100 = national average). The median home was built in 1950.

Education

19.9% of adults in Simla hold a bachelor's degree or higher (41% below the national average). 95.5% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Simla has an average annual temperature of 48°F (9°C). Winters average 29°F in January while summers reach 71°F in July. Annual precipitation totals 15.0 inches.

Data Overview

People

Population576
Median Age40.2 yrs
Density886/mi²
Male / Female48% / 52%
Foreign Born0.0%
Veterans12.1%

Economy

Median Income
Per Capita$39,385
Unemployment0.0%
Poverty33.1%
County GDP$1,042M
Avg Weekly Wage$1,155

Housing

Home Value$210,300
Rent$1,141
Ownership63.3%
Zillow$334,561
Housing Units286
Rent Burden36.4%

Health

Obesity26.3%
Diabetes7.9%
Smoking13.8%
Heart Disease5.2%
Premature Death6,354/100K

Climate

Avg Temp48°F
Rain15.0 in/yr
Elevation5,980 ft

Education

C+
Bachelor's+19.9%
High School+95.5%
Graduate+4.9%
School Score6.1/10

Community

2024 VoteR 74% / D 23%
Commute23 min
Broadband85.3%
Internet Speed57 Mbps
EV Stations6
Libraries4

Did You Know?

The median home in Simla was built in 1950.
The nearest airport is Denver International (59 miles).
The Gini coefficient (income inequality) is 0.406 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
19.5% of the population has a disability.
The county recorded 2 fatal vehicle crashes.