Mountain Village, CO
Population 1,713 · Colorado
About Mountain Village, CO
Mountain Village is a small town located in Colorado with a population of 1,713 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,881 per year, which is 20% below the national median of $75,149. The median age of 36.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Mountain Village features a median home value of $2,000,001, which is 717% above the national median of $244,900. This places Mountain Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $885, 24% below the national average of $1,163/month. Of the 1,809 total housing units, 33% are owner-occupied (335 units) and 67% are renter-occupied (669 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Mountain Village shows an unemployment rate of 6.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 16.9%, above the national average of 12.4%. Workers in Mountain Village have an average one-way commute time of 13.2 minutes, one of the shorter commutes in the region.
Education & Demographics
54.2% of Mountain Village 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 18.8% White, 7.4% Hispanic or Latino, 0.0% Black or African American, and 4.8% Asian residents, with 18.9% of the population being foreign-born.
Cost of Living in Mountain Village, CO
Compared to national averages, Mountain Village has a median household income of $59,881 (20% below the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $885 is 24% below the US average of $1,163. Within Colorado, Mountain Village's income is 32% below the state average of $88,514, and home values are 338% above the state median of $457,127.
Why Live in Mountain Village, CO?
Mountain Village offers rent that’s lower than the national average at $885/month, and a well-educated community where 54.2% of residents hold a bachelor’s degree or higher, and short commute times averaging just 13.2 minutes.
Potential considerations include median household income ($59,881) that falls below the national average, and a competitive housing market where the typical home costs $2,000,001. However, Mountain Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mountain Village has a population of 1,713 with a median age of 36.3 years. Compare Mountain Village with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Mountain Village
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ordway | 1,718 | $55,313 | $99,200 | Compare |
| Pagosa Springs | 1,718 | $36,712 | $353,800 | Compare |
| Elizabeth | 1,694 | $110,227 | $444,000 | Compare |
| Akron | 1,681 | $59,470 | $186,500 | Compare |
| Olathe | 1,788 | $65,170 | $226,900 | Compare |
| Colorado City | 1,791 | $48,692 | $237,700 | Compare |
| Perry Park | 1,801 | $162,971 | $791,100 | 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 Mountain Village With Other Cities
Frequently Asked Questions about Mountain Village
What is the population of Mountain Village, CO?
The population of Mountain Village, CO is 1,713 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 Mountain Village?
The median household income in Mountain Village, CO is $59,881 per year, which is 20% below the national median of $75,149.
What is the median home value in Mountain Village?
The median home value in Mountain Village, CO is $2,000,001, which is 717% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Mountain Village?
The median monthly rent in Mountain Village, CO is $885, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Mountain Village?
The unemployment rate in Mountain Village, CO is 6.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mountain Village, CO a good place to live?
Mountain Village offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 1,713 and a median age of 36.3, the city appeals to a broad range of residents.
How educated is Mountain Village, CO?
54.2% of residents in Mountain Village 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 Mountain Village?
Key cost-of-living indicators for Mountain Village, CO: median home value is $2,000,001 (717% above national), median rent is $885/month, and median household income is $59,881. The home-value-to-income ratio is 33.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Mountain Village?
The poverty rate in Mountain Village, CO is 16.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Mountain Village, CO?
Mountain Village's population is 18.8% White, 7.4% Hispanic or Latino, 0.0% Black or African American, 4.8% Asian, and 1.2% two or more races. 18.9% of residents are foreign-born.