ExecutivePulse
Official Federal Data

El Paso County, Colorado

FIPS 08041 · Colorado Springs, CO · Population 742,999
9 Sources Updated June 22, 2026
$90,363
Median Income
$80,734 national
4.1%
Unemployment
4% national
$55.1B
GDP
41.9%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$90,363
Per Capita
$46,133
Mean Household
$116,684
Poverty Rate
8.5%
Median Income Comparison
El Paso County$90,363
Colorado$95,470
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 14% (104,287 residents) 55-64: 11.2% (83,423 residents) 35-54: 24.9% (185,272 residents) 18-34: 26.7% (198,290 residents) Under 18: 23.1% (171,727 residents) 35 Median Age
Cohorts
Under 18 · 23.1%
18-34 · 26.7%
35-54 · 24.9%
55-64 · 11.2%
65+ · 14%
Race & Ethnicity
White70.3%
Black or African American5.8%
Asian2.9%
Hispanic or Latino(any race)18.7%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
95.1%
High School+
National: 89.6%
▲ +5.5 pts
41.9%
Bachelor's+
National: 35.7%
▲ +6.2 pts
16.8%
Graduate+
National: 14.1%
▲ +2.7 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
742,999
Population
405,272
Labor Force
Employed
349,582
Unemployment Rate BLS LAUS 2025 annual
4.1%
Mean Commute 3 min below national avg
23.5 min
Work From Home vs 15.1% national
16.8%
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong retail and housing markets.
  • Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 6.2 pts, supports knowledge-economy and tech attraction.
  • Young population: Median age of 35 is materially below the U.S. norm, a workforce pipeline asset.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$55.1B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in El Paso County, Colorado, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
45,486 20.4%
$63,634
2Professional, Scientific, and Technical Services
33,977 15.2%
$124,384
3Accommodation and Food Services
32,752 14.7%
$30,978
4Retail Trade
31,727 14.2%
$42,844
5Construction
17,024 7.6%
$75,286
6Administrative and Support and Waste Management
15,658 7.0%
$56,604
7Finance and Insurance
13,104 5.9%
$100,799
8Other Services (except Public Administration)
12,173 5.5%
$59,440
9Manufacturing
11,533 5.2%
$82,078
10Transportation and Warehousing
9,889 4.4%
$50,463
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 45,486 workers (20.4% of tracked sectors), at an average wage of $63,634.
  • Economic scale: Regional GDP of $55.1B (2024).
  • Wage stratification: Professional, Scientific, and Technical Services averages $124,384 while Accommodation and Food Services averages $30,978, a 4.0x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
1.62x
4,749
Professional, Scientific, and Technical Services
1.60x
33,977
Museums, Historical Sites, and Similar
1.57x
561
Accommodation
1.57x
5,943
Computer and Electronic Product Manufacturing
1.54x
3,044
Religious, Grantmaking, Civic, Professional Orgs
1.51x
4,263

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Professional, Scientific & Technical Services Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
33,977
Cluster Employment
1.60x
Peak LQ
Concentrated Sub-Sectors
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
1.62x 4,749
Professional, Scientific, and Technical Services
1.60x 33,977
Museums, Historical Sites, and Similar
1.57x 561
Accommodation
1.57x 5,943
Computer and Electronic Product Manufacturing
1.54x 3,044
Religious, Grantmaking, Civic, Professional Orgs
1.51x 4,263

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.07x
Support Activities for Agriculture and Forestry
52 employed
0.15x
Electrical Equipment, Appliance Manufacturing
126 employed
0.16x
Food Manufacturing
574 employed
0.16x
Wood Product Manufacturing
131 employed
0.17x
Transportation Equipment Manufacturing
577 employed
0.20x
Chemical Manufacturing
351 employed
0.20x
Wholesale Trade Agents and Brokers
179 employed
0.23x
Machinery Manufacturing
501 employed
Key Takeaways
  • Top specialization: Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers concentrates at 1.62x the national norm.
  • Cluster depth: 6 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
El Paso County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$461,000
Median Home Value vs 2019
$1,696
Rent/Mo
66.2%
Owner-Occ
4.4%
Vacancy
5.1x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,196/mo
1 Bedroom
$1,464/mo
2 Bedroom
$1,735/mo
3 Bedroom
$2,413/mo
4 Bedroom
$2,744/mo
30% of monthly median household income (~$2,259/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Stretched market: Home value to income ratio of 5.1x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
  • Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,259/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
466,985
Working Age (18-64) vs 2019
Mean Commute 3 min below national avg
23.5 min
Work From Home vs 15.1% national
16.8%
Prime-Age Employed (25-54)
76.8%
of prime-age population
Labor force participation rate: 70.9% of working-age population (18-64) 71% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
41.9%
HS Diploma+
95.1%
Regional / Statewide Institutions
Total credentials awarded
40,234/yr
University of Colorado Boulder 9,646/yr
Colorado State University-Fort Collins 7,956/yr
Colorado Technical University-Colorado Springs 7,631/yr
University of Colorado Denver/Anschutz Medical Campus 5,700/yr
Front Range Community College 5,675/yr
Metropolitan State University of Denver 3,626/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
17.9%
55-64 of working-age population (18-64)

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
46.6%
Service
15.9%
Sales & Office
20.1%
Construction / Maint.
8%
Production / Transport
9.3%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 349,582 employed workers.
Key Takeaways
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 25,233 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

El Paso County shows emerging potential for sporting goods, hobby, musical instrument, book, and misc. retailers attraction, with a 1.62x concentration and 4,749 jobs in this sub-sector.

The interconnected base across sporting goods, hobby, musical instrument, book, and misc. retailers, professional, scientific, and technical services, and museums, historical sites, and similar creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for El Paso County, Colorado, from federal data sources.

What is the population of El Paso County, Colorado?

742,999 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in El Paso County, Colorado?

$90,363 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in El Paso County, Colorado?

4.1% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of El Paso County, Colorado?

$55.1B (U.S. Bureau of Economic Analysis, CAGDP1).