ExecutivePulse
Official Federal Data

Mineral County, Colorado

FIPS 08079 · Population 729
8 Sources Updated June 22, 2026
$56,250
Median Income
$80,734 national
4.9%
Unemployment
4% national
$100M
GDP
51.7%
Bachelor's+
35.7% national
Small population: 729 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
$56,250
Per Capita
$47,304
Mean Household
$84,370
Poverty Rate
10% approx.
Median Income Comparison
Mineral County$56,250
Colorado$95,470
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 32.6% (238 residents) 55-64: 18.2% (133 residents) 35-54: 22.5% (164 residents) 18-34: 14.8% (108 residents) Under 18: 11.8% (86 residents) 56 Median Age
Cohorts
Under 18 · 11.8%
18-34 · 14.8%
35-54 · 22.5%
55-64 · 18.2%
65+ · 32.6%
Race & Ethnicity
White90.8%
Black or African American0%
Asian0.7%
Hispanic or Latino(any race)6.3%
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+
98.4%
High School+
National: 89.6%
▲ +8.8 pts
51.7%
Bachelor's+
National: 35.7%
▲ +16.0 pts
16.2%
Graduate+
National: 14.1%
▲ +2.1 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
729
Population
376
Labor Force
Employed
340
Unemployment Rate BLS LAUS 2025 annual
4.9% ▲ +0.5 pts YoY
Mean Commute 26 min below national avg
0.0 min
Work From Home vs 15.1% national
7.6%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 16.0 pts, supports knowledge-economy and tech attraction.
  • Aging population: Median age of 56 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

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).
Accommodation
10.97x
82
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
5.37x
31

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
82
Cluster Employment
10.97x
Peak LQ
Concentrated Sub-Sectors
Accommodation
10.97x 82
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
5.37x 31
Key Takeaways
  • Top specialization: Accommodation concentrates at 10.97x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
Source: BLS QCEW sub-sector Location Quotients.

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$430,500
Median Home Value vs 2019
$928
Rent/Mo
69.7%
Owner-Occ
67.3%
Vacancy
7.7x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,017/mo
1 Bedroom
$1,024/mo
2 Bedroom
$1,343/mo
3 Bedroom
$1,714/mo
4 Bedroom
$2,106/mo
30% of monthly median household income (~$1,406/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Stretched market: Home value to income ratio of 7.7x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
  • Elevated vacancy: 67.3% 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: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,406/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
405
Working Age (18-64) vs 2019
Mean Commute 26 min below national avg
0.0 min
Work From Home vs 15.1% national
7.6%
Prime-Age Employed (25-54)
79.1%
of prime-age population
Labor force participation rate: 58.5% of working-age population (18-64) 58% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
51.7%
HS Diploma+
98.4%
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
32.8%
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
47.6%
Service
11.2%
Sales & Office
19.1%
Construction / Maint.
20%
Production / Transport
2.1%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 340 employed workers.
Key Takeaways
  • Succession risk is real: 32.8% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 58.5% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • 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 8 federal data sources

Sample AI Insight

Mineral County shows strong potential for accommodation attraction, with a 10.97x concentration and 82 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 32.8% of the working-age population within 10 years of retirement age.

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 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 Mineral County, Colorado, from federal data sources.

What is the population of Mineral County, Colorado?

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

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

$56,250 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Mineral County, Colorado?

4.9% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Mineral County, Colorado?

$100M (U.S. Bureau of Economic Analysis, CAGDP1).