Upper Bear Creek, CO
Population 980 · Colorado
About Upper Bear Creek, CO
Upper Bear Creek is a small community located in Colorado with a population of 980 residents according to the latest US Census Bureau American Community Survey data. The median household income is $185,574 per year, which is 147% above the national median of $75,149. The median age of 60.3 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 Upper Bear Creek features a median home value of $1,026,900, which is 319% above the national median of $244,900. This places Upper Bear Creek in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 534 total housing units, 88% are owner-occupied (469 units) and 12% are renter-occupied (65 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Upper Bear Creek shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Upper Bear Creek have an average one-way commute time of 21.8 minutes.
Education & Demographics
63.6% of Upper Bear Creek 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 1.4% White, 3.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.1% of the population being foreign-born.
How Upper Bear Creek Ranks in Colorado
Cost of Living in Upper Bear Creek, CO
Compared to national averages, Upper Bear Creek has a median household income of $185,574 (147% above the national median of $75,149). Home values average $1,026,900, which is 319% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Colorado, Upper Bear Creek's income is 110% above the state average of $88,514, and home values are 125% above the state median of $457,127.
Why Live in Upper Bear Creek, CO?
Upper Bear Creek offers a strong local economy with a median household income of $185,574, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 63.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.0%, better than the national average, and short commute times averaging just 21.8 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,026,900. However, Upper Bear Creek’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Upper Bear Creek has a population of 980 with a median age of 60.3 years. Compare Upper Bear Creek with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Upper Bear Creek
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hot Sulphur Springs | 977 | $90,221 | $376,600 | Compare |
| Gilcrest | 987 | $66,771 | $287,000 | Compare |
| Minturn | 987 | $113,519 | $1,083,000 | Compare |
| Williamsburg | 963 | $54,886 | $218,300 | Compare |
| Bow Mar | 1,003 | $233,667 | $1,808,800 | Compare |
| Haxtun | 957 | $53,819 | $221,300 | Compare |
| Cheyenne Wells | 949 | $61,705 | $159,800 | Compare |
| Log Lane Village | 948 | $64,688 | $140,400 | 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.
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Frequently Asked Questions about Upper Bear Creek
What is the population of Upper Bear Creek, CO?
The population of Upper Bear Creek, CO is 980 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Colorado.
What is the median household income in Upper Bear Creek?
The median household income in Upper Bear Creek, CO is $185,574 per year, which is 147% above the national median of $75,149.
What is the median home value in Upper Bear Creek?
The median home value in Upper Bear Creek, CO is $1,026,900, which is 319% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Upper Bear Creek?
The median monthly rent in Upper Bear Creek, CO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Upper Bear Creek?
The unemployment rate in Upper Bear Creek, CO is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Upper Bear Creek, CO a good place to live?
Upper Bear Creek offers above-average incomes, a competitive housing market, and a strong job market. With a population of 980 and a median age of 60.3, the city appeals to established professionals and retirees.
How educated is Upper Bear Creek, CO?
63.6% of residents in Upper Bear Creek 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 Upper Bear Creek?
Key cost-of-living indicators for Upper Bear Creek, CO: median home value is $1,026,900 (319% above national), median rent is $0/month, and median household income is $185,574. The home-value-to-income ratio is 5.5x, a moderate figure by national standards.
What is the poverty rate in Upper Bear Creek?
The poverty rate in Upper Bear Creek, CO is 1.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Upper Bear Creek, CO?
Upper Bear Creek's population is 1.4% White, 3.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.1% two or more races. 2.1% of residents are foreign-born.