Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.3 yrs |
|---|---|
| Avg HH Size | 2.30 |
| Below Poverty | 24.7% ▲ 147% above avg |
| College Grads | 41.7% ▲ 8% above avg |
| Unemployment | 0.8% ▼ 84% below avg |
| HS Graduate | 114 (22.4%) |
| Some College | 115 (22.6%) |
| Associates | 68 (13.4%) |
| Bachelors | 94 (18.5%) |
| Graduate Degree | 118 (23.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,469 ≈ Avg |
|---|---|
| Median Home Value | $242,700 ▼ 13% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,141/mo |
| Total Housing Units | 372 |
| Vacant Units | 37 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Simla is a city in Colorado, located in Elbert County. The city spans 1 ZIP code and is home to approximately 791 residents. It is a middle-aged city, with a median age of 40.3 years.
Economically, Simla is a middle-income community. The median household income of $75,469 is near the national average. Approximately 24.7% of residents live below the poverty line. The unemployment rate is 0.8%, well below the national average.
The real estate market in Simla is an affordable housing market. Median home values stand at $242,700, which is near the national average. Renters typically pay around $1,141 per month. Homeownership is high at 71.3%, typical of suburban and family-oriented communities.
The population of Simla is well-educated. 41.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (77.5%).
Simla, CO offers residents a cost-conscious lifestyle within Colorado.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 80835 | 791 | $75,469 | $242,700 | $1,141 | 0.8% | 41.7% | 71.3% |