Colorado · GEOID 08117

Summit County

2024 ACS 5-year estimates · population 31,017 · 32,251 housing units

Median household income

$109,773

State $97,187

Median home value

$939,900

State $550,599

Median gross rent

$1,928

State $1,742

Homeownership rate

72.1%

State 66.2%

Renter cost-burden rate

51.9%

≥30% of income

Owner cost-burden rate

26.4%

≥30% of income

Homeowner vacancy

1.5%

Of owner-occupied + for-sale units

Rental vacancy

41.9%

Of renter-occupied + for-rent units

Overall vacancy

61.1%

All housing units

Price-to-income ratio

8.56

Affordable: 2.0–3.0

Section 1

Community Profile

Population, demographics, household composition, and income.

Community Data Summary

	Summit County	Colorado
Population	31,017	5,862,189
Population density (per sq. mi.)	50.99	—
Median household income	$109,773	$97,187
HUD Area Median Income (4-person, 100%)	$145,800	—
Households	12,545	—
Average household size	2.42 people	—
Owner-occupied	72.1%	66.2%
Renter-occupied	27.9%	33.8%
Race	76.5% White · 0.4% Black	0.0% White · 0.0% Black

Source: ACS 5-year 2024 (Tables DP05, S1101, DP04, S1901) and Census Gazetteer (land area); HUD FY2026 Income Limits.

Racial composition

Summit County compared with Colorado.

Source: ACS 5-year 2024, Table DP05.

Educational attainment (population 25+)

55.0% hold a bachelor's degree or higher (state: 45.7%).

Source: ACS 5-year 2024, Table S1501.

Median Household Income by Tenure

Owner-occupied vs. renter-occupied household income, county and state.

Source: ACS 5-year 2024, Table B25119.

Median Household Income by Age of Householder

Median household income by age group of householder.

Source: ACS 5-year 2024, Table B19049.

Median Household Income by Number of Earners

Median household income for families with each earner count.

Source: ACS 5-year 2024, Table S1903.

Household Size

Distribution of households by number of people.

Source: ACS 5-year 2024, Table S2501.

Income by Number of Earners

Earners	Share	Median income	Attainable monthly housing cost	Attainable home
0 earners	19.7%	$116,875	$2,922	$404,029
1 earner	17.6%	$132,625	$3,316	$462,656
2 earners	53.4%	$140,101	$3,503	$490,484
3+ earners	9.2%	$198,470	$4,962	$707,753

Attainable monthly housing cost = 30% of gross income ÷ 12. Attainable home price assumes 30% housing budget, 30-yr mortgage at 7%, 5% down.

Source: ACS 5-year 2024, Table S1903; affordability formula derived.

Households

12,545

Average size: 2.42 people

Households with children

2,061

16.4% of households

Per-capita income

$63,743

Poverty rate: 7.5%

Section 2

Residential Market Analysis

Housing stock characteristics — tenure, type, age, size, vacancy, rents.

Tenure

72.1% owner-occupied vs. state average 66.2%.

Source: ACS 5-year 2024, Table DP04.

Structure type

Single-family share 50.4% · Missing middle (2–19 units) 20.7%.

Source: ACS 5-year 2024, Table B25024.

Housing stock by decade

34.6% built before 1980 · Median structure age 1,989.00 yrs.

Source: ACS 5-year 2024, Table S2504.

Housing size mismatch

Compares the share of housing units by bedroom count against the share of households by size — a common diagnostic of housing supply/demand alignment.

Source: ACS 5-year 2024, Tables B25041 (bedrooms) and S2501 (household size).

Home value distribution

Owner-occupied homes by value bracket. Median: $939,900.

Source: ACS 5-year 2024, Table DP04.

Monthly Housing Costs

Distribution of monthly housing costs across all occupied units.

Source: ACS 5-year 2024, Table B25104.

Number of Bedrooms

Housing units by number of bedrooms.

Source: ACS 5-year 2024, Table B25041.

Median rent by bedroom

Overall median gross rent: $1,928.

Source: ACS 5-year 2024, Table B25031.

Renters by age

Number of renter householders by age bracket.

Source: ACS 5-year 2024, Table S2502.

Owners by age

Number of owner householders by age bracket.

Source: ACS 5-year 2024, Table S2502.

Vacancy composition

All 19,706 vacant units split into Census's seven categories. Frictional vacancy (units actively on the market) reflects healthy churn. Structural vacancy (seasonal, migrant, other) sits outside the market for year-round residents — high values change how the headline vacancy rate should be read.

Vacant units by type

For sale 0.7% · For rent 13.5% · Seasonal 80.0% · Other 4.0%.

Source: ACS 5-year 2024, Table B25004.

Frictional vs structural

15.9% of vacancy is frictional (for sale + for rent + rented/sold not yet occupied); 84.1% is structural (seasonal + migrant + other).

Source: ACS 5-year 2024, Table B25004.

Seasonal / recreational share of all housing

48.9%

15,756 units of 32,251 total

⚑ Above the 10% threshold — meaningful pressure on year-round residents from second-home / short-term-rental demand.

"Other vacant" share of all housing

2.5%

794 units of 32,251 total

Census "Other vacant" — units off the market for reasons other than seasonal, migrant, sale, or rental.

Section 3

Workforce Housing Needs Assessment

Affordability, cost burden, and the housing options for households in the workforce income range.

Workforce range — ACS median household income

80% MHI$87,818

100% MHI$109,773

120% MHI$131,728

County-wide median from ACS 5-year estimates. A household at 100% MHI in Summit County should be able to afford a home up to roughly — (30% housing budget, default mortgage terms).

Workforce range — HUD Area Median Income

	1-person	2-person	4-person
80% AMI	$80,550	$92,050	$115,050
100% AMI	$102,060	$116,640	$145,800
120% AMI	$122,450	$139,950	$174,950

HUD FMR Area: Summit County, CO. 80% AMI uses HUD's published Section 8 Low Income Limits; 100% is HUD MFI; 120% is the standard workforce convention.

Affordability calculator

Follows the standard 30%-of-gross-income affordability rule.

Income basis Household income Interest rate % Down payment % Taxes & insurance / yr

Affordable monthly—

Affordable home price—

Renter cost burden

51.9% of renter households spend ≥30% of income on rent (23.8% spend ≥50%).

Source: ACS 5-year 2024, Table B25070.

Owner cost burden by income

26.4% of homeowners spend ≥30% of income on housing. Bars show counts of cost-burdened owners by income bracket.

Source: ACS 5-year 2024, Table B25106.

Household income — owners vs renters

Distribution of household income for owner-occupied (navy) and renter-occupied (gold) households.

Source: ACS 5-year 2024, Table B25118.

Section 4

Industry & Workforce Wages

Employment, average wages, and the housing each industry's typical earner can afford in Summit County.

Covered employment

22,304

Across 18 sectors

Establishments

2,448

QCEW 2024

Avg annual pay (workforce)

$56,207

Employment-weighted across sectors

Top 10 sectors by employment

Annual average employment by NAICS 2-digit sector. Counties with fewer than five covered establishments in a sector may show suppressed totals.

Source: BLS QCEW Annual Averages, 2024.

Attainable housing by industry

Industry	Employment	Avg annual wage	Affordable home price	vs. median value	Affordable monthly rent
NAICS 72 Accommodation and food services NAICS 72	7,445	$42,309	$126,469	−$813,431	$1,058
NAICS 44-45 Retail trade NAICS 44-45	2,795	$43,187	$129,737	−$810,163	$1,080
NAICS 71 Arts, entertainment, and recreation NAICS 71	1,885	$35,750	$102,054	−$837,846	$894
NAICS 92 Public administration NAICS 92	1,833	$77,078	$255,891	−$684,009	$1,927
NAICS 23 Construction NAICS 23	1,327	$79,338	$264,303	−$675,597	$1,983
NAICS 53 Real estate and rental and leasing NAICS 53	1,290	$63,979	$207,132	−$732,768	$1,599
NAICS 62 Health care and social assistance NAICS 62	1,262	$75,583	$250,326	−$689,574	$1,890
NAICS 61 Educational services NAICS 61	923	$61,748	$198,828	−$741,072	$1,544
NAICS 54 Professional, scientific, and technical services NAICS 54	879	$115,388	$398,494	−$541,406	$2,885
NAICS 56 Administrative and support and waste management and remediation services NAICS 56	801	$53,244	$167,173	−$772,727	$1,331
NAICS 81 Other services (except public administration) NAICS 81	724	$48,576	$149,797	−$790,103	$1,214
NAICS 31-33 Manufacturing NAICS 31-33	401	$51,134	$159,319	−$780,581	$1,278
NAICS 48-49 Transportation and warehousing NAICS 48-49	283	$59,855	$191,781	−$748,119	$1,496
NAICS 52 Finance and insurance NAICS 52	222	$107,319	$368,458	−$571,442	$2,683
NAICS 51 Information NAICS 51	137	$91,819	$310,762	−$629,138	$2,295
NAICS 55 Management of companies and enterprises NAICS 55	59	$212,930	$761,578	−$178,322	$5,323
NAICS 22 Utilities NAICS 22	34	$88,274	$297,566	−$642,334	$2,207
NAICS 99 Unclassified NAICS 99	4	$105,103	$360,210	−$579,690	$2,628

Subsector	Employment	Avg annual wage	Affordable home price	vs. median value	Affordable monthly rent
NAICS 722 Food services and drinking places NAICS 722	3,811	$36,334	$104,228	−$835,672	$908
NAICS 721 Accommodation NAICS 721	3,634	$48,576	$149,797	−$790,103	$1,214
NAICS 713 Amusement, gambling, and recreation industries NAICS 713	1,782	$34,965	$99,132	−$840,768	$874
NAICS 921 Executive, legislative, and other general government support NAICS 921	1,472	$70,916	$232,954	−$706,946	$1,773
NAICS 611 Educational services NAICS 611	923	$61,748	$198,828	−$741,072	$1,544
NAICS 238 Specialty trade contractors NAICS 238	913	$70,508	$231,435	−$708,465	$1,763
NAICS 531 Real estate NAICS 531	882	$70,423	$231,119	−$708,781	$1,761
NAICS 541 Professional, scientific, and technical services NAICS 541	879	$115,388	$398,494	−$541,406	$2,885
NAICS 561 Administrative and support services NAICS 561	763	$51,271	$159,829	−$780,071	$1,282
NAICS 459 Sporting goods, hobby, musical instrument, book, and miscellaneous retailers NAICS 459	728	$37,317	$107,887	−$832,013	$933
NAICS 445 Food and beverage retailers NAICS 445	686	$44,666	$135,243	−$804,657	$1,117
NAICS 621 Ambulatory health care services NAICS 621	657	$75,958	$251,722	−$688,178	$1,899
NAICS 455 General merchandise retailers NAICS 455	399	$35,333	$100,502	−$839,398	$883
NAICS 458 Clothing, clothing accessories, shoe, and jewelry retailers NAICS 458	325	$34,435	$97,159	−$842,741	$861
NAICS 813 Religious, grantmaking, civic, professional, and similar organizations NAICS 813	295	$55,185	$174,398	−$765,502	$1,380
NAICS 812 Personal and laundry services NAICS 812	287	$33,373	$93,206	−$846,694	$834
NAICS 312 Beverage and tobacco product manufacturing NAICS 312	283	$47,185	$144,619	−$795,281	$1,180
NAICS 236 Construction of buildings NAICS 236	271	$94,698	$321,479	−$618,421	$2,367
NAICS 922 Justice, public order, and safety activities NAICS 922	256	$114,576	$395,471	−$544,429	$2,864
NAICS 624 Social assistance NAICS 624	253	$51,819	$161,868	−$778,032	$1,295
NAICS 444 Building material and garden equipment and supplies dealers NAICS 444	233	$58,148	$185,427	−$754,473	$1,454
NAICS 441 Motor vehicle and parts dealers NAICS 441	157	$68,928	$225,554	−$714,346	$1,723
NAICS 237 Heavy and civil engineering construction NAICS 237	143	$106,604	$365,797	−$574,103	$2,665
NAICS 811 Repair and maintenance NAICS 811	136	$66,071	$214,919	−$724,981	$1,652
NAICS 522 Credit intermediation and related activities NAICS 522	116	$85,604	$287,628	−$652,272	$2,140
NAICS 485 Transit and ground passenger transportation NAICS 485	115	$40,484	$119,676	−$820,224	$1,012
NAICS 457 Gasoline stations and fuel dealers NAICS 457	106	$42,491	$127,146	−$812,754	$1,062
NAICS 449 Furniture, home furnishings, electronics, and appliance retailers NAICS 449	84	$59,037	$188,736	−$751,164	$1,476
NAICS 423 Merchant wholesalers, durable goods NAICS 423	80	$117,648	$406,906	−$532,994	$2,941
NAICS 456 Health and personal care retailers NAICS 456	77	$49,057	$151,587	−$788,313	$1,226
NAICS 524 Insurance carriers and related activities NAICS 524	66	$94,994	$322,580	−$617,320	$2,375
NAICS 551 Management of companies and enterprises NAICS 551	59	$212,930	$761,578	−$178,322	$5,323
NAICS 923 Administration of human resource programs NAICS 923	57	$74,475	$246,202	−$693,698	$1,862
NAICS 924 Administration of environmental quality programs NAICS 924	47	$69,788	$228,755	−$711,145	$1,745
NAICS 517 Telecommunications NAICS 517	45	$113,088	$389,932	−$549,968	$2,827
NAICS 562 Waste management and remediation services NAICS 562	38	$92,861	$314,641	−$625,259	$2,322
NAICS 513 Publishing industries NAICS 513	37	$94,482	$320,675	−$619,225	$2,362
NAICS 221 Utilities NAICS 221	34	$88,274	$297,566	−$642,334	$2,207
NAICS 512 Motion picture and sound recording industries NAICS 512	31	$40,908	$121,254	−$818,646	$1,023
NAICS 491 Postal service NAICS 491	22	$87,573	$294,957	−$644,943	$2,189
NAICS 484 Truck transportation NAICS 484	19	$47,338	$145,189	−$794,711	$1,183
NAICS 311 Food manufacturing NAICS 311	16	$29,417	$78,481	−$861,419	$735
NAICS 516 Broadcasting and content providers NAICS 516	12	$89,565	$302,372	−$637,528	$2,239
NAICS 518 Computing infrastructure providers, data processing, web hosting, and related services NAICS 518	11	$150,126	$527,800	−$412,100	$3,753
NAICS 814 Private households NAICS 814	6	$54,317	$171,167	−$768,733	$1,358
NAICS 999 Unclassified NAICS 999	4	$105,103	$360,210	−$579,690	$2,628

Affordable home price assumes the industry's average earner uses 30% of gross income for housing, with a 30-year mortgage at 7%, 5% down, $2,500/yr taxes & insurance, and 0.5% PMI. Adjust the Section 3 calculator for other terms. Affordable rent is 30% of monthly gross pay.

Source: BLS QCEW Annual Averages, 2024; ACS 5-year 2024 (median home value).

Section 5

Wages by Occupation

Selected essential-worker occupations for the MSA or nonmetropolitan area containing this county — jobs, the 10-year change, wages, and the housing each typical earner can afford. Both jobs counts and wages are reported at the MSA / nonmetropolitan-area level (BLS does not publish OEWS at the county level), so every county inside the same area shows the same numbers. For county-accurate employment totals, see Section 4 above.

Occupational wages and affordable housing

Occupation	2025 jobs	2015–2025 change	% change	Hourly wage	Annual wage	Affordable home price	Affordable monthly rent
Fast Food and Counter Workers SOC 35-3023 · prior-year code differs	3,080	(90)	(3%)	$17.42	$36,240	$103,878	$906
Cashiers SOC 41-2011	3,120	(660)	(17%)	$19.25	$40,040	$118,023	$1,001
Retail Salespersons SOC 41-2031	4,600	(240)	(5%)	$21.38	$44,470	$134,513	$1,112
Janitors and Cleaners SOC 37-2011	1,860	(110)	(6%)	$21.71	$45,160	$137,081	$1,129
Childcare Workers SOC 39-9011	760	310	69%	$21.92	$45,590	$138,682	$1,140
Home Health and Personal Care Aides SOC 31-1131 · prior-year code differs	550	60	12%	$22.78	$47,390	$145,382	$1,185
Construction Laborers SOC 47-2061	1,450	(250)	(15%)	$23.07	$47,990	$147,616	$1,200
Waiters and Waitresses SOC 35-3031	3,780	190	5%	$24.04	$49,990	$155,060	$1,250
Tellers SOC 43-3071	280	(110)	(28%)	$24.07	$50,060	$155,321	$1,252
Maintenance and Repair Workers, General SOC 49-9071	2,270	340	18%	$26.67	$55,460	$175,421	$1,387
Office Clerks, General SOC 43-9061	1,970	280	17%	$27.38	$56,940	$180,930	$1,424
Heavy and Tractor-Trailer Truck Drivers SOC 53-3032	1,050	70	7%	$29.34	$61,030	$196,155	$1,526
Plumbers, Pipefitters, and Steamfitters SOC 47-2152	440	(420)	(49%)	$31.15	$64,780	$210,114	$1,620
Paramedics SOC 29-2043 · prior-year code differs	190	(130)	(41%)	$31.27	$65,030	$211,044	$1,626
Electricians SOC 47-2111	940	(190)	(17%)	$31.33	$65,160	$211,528	$1,629
Elementary School Teachers, Except Special Education SOC 25-2021	1,210	(180)	(13%)	—	$66,110	$215,064	$1,653
Firefighters SOC 33-2011	410	50	14%	$32.10	$66,770	$217,521	$1,669
Carpenters SOC 47-2031	1,120	(40)	(3%)	$34.01	$70,730	$232,262	$1,768
Police and Sheriff's Patrol Officers SOC 33-3051	500	(50)	(9%)	$39.82	$82,830	$277,302	$2,071
Registered Nurses SOC 29-1141	1,930	450	30%	$48.71	$101,320	$346,128	$2,533

Affordable home price uses the same Section 3 formula (30% housing budget, 30-year mortgage at 7%, 5% down, $2,500/yr T&I, 0.5% PMI). Affordable rent is 30% of monthly wages. Negative job-change values are shown in red parentheses. A "prior-year code differs" note flags occupations whose SOC code changed between the two vintages (2010 SOC → 2018 SOC) — the change estimate is best-effort.

Source: BLS OEWS May 2025 (10-year change vs. May 2015). Jobs counts and wages reflect the MSA or nonmetropolitan area containing this county, not the county alone — OEWS is not published at the county level.

Methodology & sources

All figures derive from the 2024 American Community Survey 5-year estimates. State and national comparisons are population-weighted aggregates of county-level estimates (an approximation; ACS publishes its own state and national medians which can differ slightly).

The affordability calculator uses a 30% housing-budget rule with a 30-year mortgage. Defaults are 7% interest, 5% down, $2,500/year taxes and insurance, and 0.5% PMI — adjustable above.

Variables: 08117 · pulled from Full Housing Data Table.xlsx.