ExecutivePulse
Official Federal Data

Huerfano County, Colorado

FIPS 08055 · Population 6,972
9 Sources Updated June 22, 2026
$52,526
Median Income
$80,734 national
6.6%
Unemployment
4% national
$323M
GDP
26.4%
Bachelor's+
35.7% national
Small population: 6,972 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

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
$52,526
Per Capita
$36,579
Mean Household
$78,883
Poverty Rate
17.3% approx.
Median Income Comparison
Huerfano County$52,526
Colorado$95,470
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 34.8% (2,424 residents) 55-64: 15.5% (1,078 residents) 35-54: 19.3% (1,349 residents) 18-34: 14.8% (1,033 residents) Under 18: 15.6% (1,088 residents) 55 Median Age
Cohorts
Under 18 · 15.6%
18-34 · 14.8%
35-54 · 19.3%
55-64 · 15.5%
65+ · 34.8%
Race & Ethnicity
White78.4%
Black or African American0%
Asian0.2%
Hispanic or Latino(any race)30.6%
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+
93.1%
High School+
National: 89.6%
▲ +3.5 pts
26.4%
Bachelor's+
National: 35.7%
▼ 9.3 pts
11.3%
Graduate+
National: 14.1%
▼ 2.8 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
6,972
Population
2,538
Labor Force
Employed
2,336
Unemployment Rate BLS LAUS 2025 annual
6.6% ▼ 0.4 pts YoY
Mean Commute 5 min below national avg
21.1 min
Work From Home vs 15.1% national
24.6%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Elevated poverty: At 17.3%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 9.3 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 55 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$323M
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 Huerfano County, Colorado, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Accommodation and Food Services
298 33.5%
$30,792
2Retail Trade
287 32.2%
$35,308
3Manufacturing
95 10.7%
$45,140
4Construction
55 6.2%
$57,140
5Arts, Entertainment, and Recreation
39 4.4%
$30,071
6Other Services (except Public Administration)
35 3.9%
$48,952
7Agriculture, Forestry, Fishing and Hunting
27 3.0%
$47,845
8Information
20 2.2%
$42,239
9Real Estate and Rental and Leasing
18 2.0%
$73,522
10Finance and Insurance
16 1.8%
$43,467
Track industry shifts with AI

ExecutivePulse monitors WARN notices, BLS changes, and SEC filings for your top employers.

Learn More
Key Takeaways
  • Largest sector: Accommodation and Food Services employs 298 workers (33.5% of tracked sectors), at an average wage of $30,792.
  • Economic scale: Regional GDP of $323M (2024).
  • Wage stratification: Real Estate and Rental and Leasing averages $73,522 while Arts, Entertainment, and Recreation averages $30,071, a 2.4x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
Seeing a change here?

EP customers get year-over-year deltas, WARN notices, and SEC filings for every sector tracked above, surfaced as proactive alerts, not after-the-fact news.

Get Deeper Trends

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).
Gasoline Stations and Fuel Dealers
10.61x
132
Food and Beverage Retailers
2.31x
89
Accommodation
1.97x
45
Food Services and Drinking Places
1.75x
253

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Accommodation & Food Services Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
298
Cluster Employment
1.97x
Peak LQ
Concentrated Sub-Sectors
Gasoline Stations and Fuel Dealers
10.61x 132
Food and Beverage Retailers
2.31x 89
Accommodation
1.97x 45
Food Services and Drinking Places
1.75x 253

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
Key Takeaways
  • Top specialization: Gasoline Stations and Fuel Dealers concentrates at 10.61x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 4 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
Source: BLS QCEW sub-sector Location Quotients.
Huerfano 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
$247,800
Median Home Value vs 2019
$838
Rent/Mo
75.1%
Owner-Occ
35.2%
Vacancy
4.7x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$698/mo
1 Bedroom
$811/mo
2 Bedroom
$1,013/mo
3 Bedroom
$1,215/mo
4 Bedroom
$1,588/mo
30% of monthly median household income (~$1,313/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.7x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 75.1% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 35.2% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,313/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
3,460
Working Age (18-64) vs 2019
Mean Commute 5 min below national avg
21.1 min
Work From Home vs 15.1% national
24.6%
Prime-Age Employed (25-54)
70.1%
of prime-age population
Labor force participation rate: 43.1% of working-age population (18-64) 43% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
26.4%
HS Diploma+
93.1%
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
31.2%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
43%
Service
22.7%
Sales & Office
15.8%
Construction / Maint.
8%
Production / Transport
10.5%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 2,336 employed workers.
Key Takeaways
  • Succession risk is real: 31.2% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 43.1% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Short commutes: 21.1-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • 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

Huerfano County shows strong potential for gasoline stations and fuel dealers attraction, with a 10.61x concentration and 132 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 31.2% of the working-age population within 10 years of retirement age.

The interconnected base across gasoline stations and fuel dealers, food and beverage retailers, and accommodation 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

Take it further

AI Insights: Built into ExecutivePulse. Continuous analysis tied to your own pipeline: industry-shift signals, prospect matches, retention prompts.

Managed Services: Prefer to hand it off? Our team delivers the analysis and consulting for you.

Schedule a Demo
Available as premium offerings.

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 Huerfano County, Colorado, from federal data sources.

What is the population of Huerfano County, Colorado?

6,972 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Huerfano County, Colorado?

$52,526 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Huerfano County, Colorado?

6.6% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Huerfano County, Colorado?

$323M (U.S. Bureau of Economic Analysis, CAGDP1).