HomeColoradoElbert CountySimla town
Simla town, Colorado: commercial real estate data.
Simla town is a Census town of 423 people across 0.65 square miles of land, in Elbert County. Median household income is $44,688, 45.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $140,000.
76 sourced place values · tier FULL · 8 sections
Simla
What Simla is
- Census place typetown
- Land area0.65 sq mi
- Water area0 sq mi
- Population per square mile of land649 plus or minus 190
- County holding the largest share of its areaElbert County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Simla
How many people live in Simla
- Population423 plus or minus 124
- Median age38.8
- Population under 1898 plus or minus 48
- Share under 1823.2 percent plus or minus 9.0
- Population 65 and over68 plus or minus 36
- Share 65 and over16.1 percent plus or minus 7.1
- Households187 plus or minus 51
- Family households106 plus or minus 43
- Share of households that are families56.7 percent plus or minus 17.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Simla
Income and work in Simla
- Median household income$44,688 plus or minus $12,929
- Per capita income$42,866 plus or minus $35,080
- Civilian labor force213 plus or minus 86
- Employed213 plus or minus 86
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over306 plus or minus 88
- Adults 25 and over with a high school diploma or higher94.1 percent
- Adults 25 and over with a bachelor degree or higher20.6 percent plus or minus 17.0
- Adults 25 and over with a graduate degree1.0 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Simla
Housing in Simla
- Housing units208 plus or minus 54
- Occupied units187 plus or minus 51
- Vacant units21 plus or minus 26
- Vacancy rate10.1 percent plus or minus 12.2
- Owner occupied85 plus or minus 34
- Renter occupied102 plus or minus 47
- Ownership rate45.5 percent plus or minus 13.3
- Median owner-occupied home value$251,400
- Median gross rent, monthly$1,042
- Annual rent as a share of median income28.0 percent plus or minus 9.3
- Single family units138 plus or minus 49
- Share single family66.3 percent plus or minus 16.1
- Units in buildings of two or more25 plus or minus 30
- Share in buildings of two or more12.0 percent plus or minus 14.1
- Mobile homes45 plus or minus 27
- Median year structure built1977
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Simla
How Simla gets to work
- Workers 16 and over who commute155 plus or minus 65
- Commuting under 15 minutes99 plus or minus 49
- Share commuting under 15 minutes63.9 percent plus or minus 16.5
- Commuting 30 minutes or more42 plus or minus 30
- Share commuting 30 minutes or more27.1 percent plus or minus 16.0
- Drove alone71.9 percent
- Carpooled8.9 percent plus or minus 8.7
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home19.3 percent plus or minus 14.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Simla
SBA 7(a) lending to Simla borrowers
- Approvals1
- Gross approval$140,000
- Average approval$140,000
- Median approval$140,000
- Ninetieth percentile approval$140,000
- Largest approval$140,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Simla
SBA 504 lending to Simla borrowers
- Approvals1
- Gross approval$502,000
- Average approval$502,000
- Median approval$502,000
- Largest approval$502,000
- Jobs supported5
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Elbert County, not Simla
Elbert County context, not Simla figures
These are Elbert County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Simla measurements.
- Establishments in Elbert County722
- Employment at those establishments, Elbert County3,474
- Covered employment, Elbert County4,889
- Average annual pay, Elbert County$60,082
- Average weekly wage, Elbert County$1,155
- Housing units permitted, Elbert County458
- Of those, single family, Elbert County458
- County product, 2024, Elbert County$1,041,833,000
- County product change over the prior year, Elbert County9.6 percent
- Average income of an arriving household, Elbert County$106,634
Every figure in this section is published for Elbert County as a whole and is not a measurement of Simla. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Simla questions, answered from the record.
How many people live in Simla, Colorado?
423, in 187 households. Simla town covers 0.65 square miles of land, which is 649 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Simla in?
Elbert County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Simla?
$44,688. The median owner-occupied home is valued at $251,400. Median gross rent is $1,042 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Simla businesses?
1 7(a) approvals totalling $140,000, across 1 lenders, median approval $140,000, plus 1 504 approvals worth $502,000. These count approvals to borrowers whose address is in Simla, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Simla borrowers get paid back?
No rate is published for Simla. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Simla figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Elbert County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Simla.
Is zoning published for Simla?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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