Manitou Springs, CO
Population 4,796 · Colorado
About Manitou Springs, CO
Manitou Springs is a small town located in Colorado with a population of 4,796 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,550 per year, which is 2% above the national median of $75,149. The median age of 44.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Manitou Springs features a median home value of $545,800, which is 123% above the national median of $244,900. This places Manitou 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 2,603 total housing units, 57% are owner-occupied (1,307 units) and 43% are renter-occupied (995 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Manitou Springs shows an unemployment rate of 11.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Manitou Springs have an average one-way commute time of 26.9 minutes.
Education & Demographics
53.4% of Manitou 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 3.4% White, 2.1% Hispanic or Latino, 0.0% Black or African American, and 2.7% Asian residents, with 6.6% of the population being foreign-born.
Cost of Living in Manitou Springs, CO
Compared to national averages, Manitou Springs has a median household income of $76,550 (2% above the national median of $75,149). Home values average $545,800, which is 123% above the national median. Monthly rent at $1,175 is 1% above the US average of $1,163. Within Colorado, Manitou Springs's income is 14% below the state average of $88,514, and home values are 19% above the state median of $457,127.
Why Live in Manitou Springs, CO?
Manitou Springs offers a strong local economy with a median household income of $76,550, well above the national average, and a well-educated community where 53.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $545,800. However, Manitou Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Manitou Springs has a population of 4,796 with a median age of 44.9 years. Compare Manitou Springs with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Manitou Springs
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vail | 4,729 | $103,705 | $1,040,100 | Compare |
| New Castle | 4,878 | $88,421 | $488,600 | Compare |
| Silverthorne | 4,657 | $114,185 | $691,300 | Compare |
| Edgewater | 4,955 | $74,320 | $603,400 | Compare |
| Breckenridge | 5,001 | $132,666 | $757,100 | Compare |
| Meridian | 5,058 | $90,496 | $571,600 | Compare |
| Todd Creek | 5,069 | $185,417 | $856,800 | Compare |
| Castle Pines Village | 4,441 | $219,083 | $1,260,200 | 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 Manitou Springs With Other Cities
Frequently Asked Questions about Manitou Springs
What is the population of Manitou Springs, CO?
The population of Manitou Springs, CO is 4,796 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 Manitou Springs?
The median household income in Manitou Springs, CO is $76,550 per year, which is 2% above the national median of $75,149.
What is the median home value in Manitou Springs?
The median home value in Manitou Springs, CO is $545,800, which is 123% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Manitou Springs?
The median monthly rent in Manitou Springs, CO is $1,175, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Manitou Springs?
The unemployment rate in Manitou Springs, CO is 11.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Manitou Springs, CO a good place to live?
Manitou Springs offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 4,796 and a median age of 44.9, the city appeals to a broad range of residents.
How educated is Manitou Springs, CO?
53.4% of residents in Manitou 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 Manitou Springs?
Key cost-of-living indicators for Manitou Springs, CO: median home value is $545,800 (123% above national), median rent is $1,175/month, and median household income is $76,550. The home-value-to-income ratio is 7.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Manitou Springs?
The poverty rate in Manitou Springs, CO is 9.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Manitou Springs, CO?
Manitou Springs's population is 3.4% White, 2.1% Hispanic or Latino, 0.0% Black or African American, 2.7% Asian, and 0.6% two or more races. 6.6% of residents are foreign-born.