Lake County, Colorado
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Population Profile
Educational Attainment
Employment Overview
- 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 13.8 pts, supports knowledge-economy and tech attraction.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
- Largest sector: Accommodation and Food Services employs 393 workers (30.8% of tracked sectors), at an average wage of $28,984.
- Economic scale: Regional GDP of $564M (2024).
- Wage stratification: Wholesale Trade averages $135,631 while Accommodation and Food Services averages $28,984, a 4.7x spread in the same local economy, with implications for workforce development and talent strategy.
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.
Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Attraction Opportunities
- Top specialization: Gasoline Stations and Fuel Dealers concentrates at 2.16x the national norm.
- Cluster depth: 4 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
- Attraction whitespace: 4 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
HUD Fair Market Rents
- In line with national: Home value to income ratio of 4.8x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
- High home ownership: 75.6% owner-occupied; rental supply may be tight for incoming workers.
- Elevated vacancy: 24.2% 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.
- Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,414/mo), a clear cost-of-living advantage for workforce attraction.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Education & Talent Pipeline
Aging Workforce
Workforce by Occupation
- Strong participation: 78% labor force participation among working-age residents indicates an engaged, available workforce.
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 25,233 annual credentials.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Lake County shows emerging potential for gasoline stations and fuel dealers attraction, with a 2.16x concentration and 43 jobs in this sub-sector.
The interconnected base across gasoline stations and fuel dealers, , and accommodation creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.
Industry Shift Analysis
Prospect Match Scores
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Schedule a DemoData Sources
Updated from official federal government data.
Frequently Asked Questions
Key economic and demographic figures for Lake County, Colorado, from federal data sources.
What is the population of Lake County, Colorado?
7,380 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Lake County, Colorado?
$96,575 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Lake County, Colorado?
3.5% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Lake County, Colorado?
$564M (U.S. Bureau of Economic Analysis, CAGDP1).
