Idaho Springs, CO
Population 1,968 · Colorado
About Idaho Springs, CO
Idaho Springs is a small town located in Colorado with a population of 1,968 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,450 per year, which is 14% above the national median of $75,149. The median age of 39.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Idaho Springs features a median home value of $434,900, which is 78% above the national median of $244,900. This places Idaho Springs in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,175, 1% above the national average of $1,163/month. Of the 832 total housing units, 69% are owner-occupied (524 units) and 31% are renter-occupied (236 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Idaho Springs shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Idaho Springs have an average one-way commute time of 22.7 minutes.
Education & Demographics
50.0% of Idaho Springs residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 4.4% White, 1.3% Hispanic or Latino, 3.5% Black or African American, and 7.3% Asian residents, with 9.7% of the population being foreign-born.
Cost of Living in Idaho Springs, CO
Compared to national averages, Idaho Springs has a median household income of $85,450 (14% above the national median of $75,149). Home values average $434,900, which is 78% above the national median. Monthly rent at $1,175 is 1% above the US average of $1,163. Within Colorado, Idaho Springs's income is 3% below the state average of $88,514, and home values are 5% below the state median of $457,127.
Why Live in Idaho Springs, CO?
Idaho Springs offers a strong local economy with a median household income of $85,450, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 50.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 11.1%, better than the national average, and short commute times averaging just 22.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $434,900. However, Idaho Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Idaho Springs has a population of 1,968 with a median age of 39.8 years. Compare Idaho Springs with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Idaho Springs
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lyons | 1,927 | $132,589 | $855,000 | Compare |
| Hayden | 2,010 | $97,917 | $394,400 | Compare |
| Keenesburg | 1,866 | $83,490 | $410,500 | Compare |
| Columbine Valley | 2,084 | $250,001 | $1,408,700 | Compare |
| Hudson | 1,844 | $71,429 | $312,600 | Compare |
| Kremmling | 1,844 | $72,650 | $322,400 | Compare |
| Laporte | 2,123 | $67,697 | $373,100 | Compare |
| Byers | 1,804 | $88,607 | $400,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Idaho Springs With Other Cities
Frequently Asked Questions about Idaho Springs
What is the population of Idaho Springs, CO?
The population of Idaho Springs, CO is 1,968 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Colorado.
What is the median household income in Idaho Springs?
The median household income in Idaho Springs, CO is $85,450 per year, which is 14% above the national median of $75,149.
What is the median home value in Idaho Springs?
The median home value in Idaho Springs, CO is $434,900, which is 78% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Idaho Springs?
The median monthly rent in Idaho Springs, CO is $1,175, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Idaho Springs?
The unemployment rate in Idaho Springs, CO is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Idaho Springs, CO a good place to live?
Idaho Springs offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,968 and a median age of 39.8, the city appeals to a broad range of residents.
How educated is Idaho Springs, CO?
50.0% of residents in Idaho Springs aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Idaho Springs?
Key cost-of-living indicators for Idaho Springs, CO: median home value is $434,900 (78% above national), median rent is $1,175/month, and median household income is $85,450. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Idaho Springs?
The poverty rate in Idaho Springs, CO is 11.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Idaho Springs, CO?
Idaho Springs's population is 4.4% White, 1.3% Hispanic or Latino, 3.5% Black or African American, 7.3% Asian, and 2.3% two or more races. 9.7% of residents are foreign-born.