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Simla, CO

Full City Profile · Colorado · Elbert County County

1.8 /5.0
D Poor
576 Population 886/sq mi density
$210,300 Home Value $332,455 Zillow
$1,141 Median Rent 36.4% income on rent
48°F Avg Temperature 297 sunny days/yr
312 Violent Crime/100K 467 property/100K
D
Overall
1.8 / 5.0
Below average overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
312 violent crimes/100K
C+
Education
2.6 / 5.0
19.9% bachelor's degree or higher

Income Overview

Per Capita Income
$39,385
1% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
33.1%
167% above
US avg: 12.4%

Income Comparison: Simla vs. U.S. Average

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

Per Capita
US: $39,052
$39,385
101%
IRS Avg AGI
US: $72,000
$114,269
159%
Avg Weekly Wage
US: $1,432
$1,155
81%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,155
19% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
7.9%
48% below US avg (15.2%)
Drive Alone
82.7%
13% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,042M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 82.7%
Public Transit 0%
Work From Home 7.9%
Other 9.4%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
900
Restaurants
30
Healthcare
29
Retail
41
Manufacturing
24

Tax & Financial

IRS Avg Adjusted Gross Income
$114,269
59% above US avg ($72,000)
Avg Property Tax
$4,119
18% above US avg ($3,500)
Cost of Living Index
103.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Per Capita Income$39,385
IRS Avg Adjusted Gross Income$114,269
Avg Weekly Wage$1,155
County GDP$1,042M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate33.1%
Gini Coefficient0.406
Cost of Living Index103.1

Commute

Mean Commute23 minutes
Drive Alone82.7%
Public Transit0.0%
Work From Home7.9%

Businesses

Total Establishments900
Restaurants30
Healthcare29
Retail41
Manufacturing24

Tax

IRS Avg AGI$114,269
Avg Property Tax$4,119