HomeColoradoMontezuma CountyCortez
Cortez, Colorado: commercial real estate data.
Cortez is a Census city of 8,976 people across 6.23 square miles of land, in Montezuma County. Median household income is $54,247, 65.6 percent of occupied homes are owned, and the SBA record carries 30 7(a) approvals to borrowers here worth $10.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Cortez
What Cortez is
- Census place typecity
- Land area6.23 sq mi
- Water area0.04 sq mi
- Population per square mile of land1,441
- County holding the largest share of its areaMontezuma 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.
Cortez
How many people live in Cortez
- Population8,976
- Median age36.4
- Population under 182,100
- Share under 1823.4 percent
- Population 65 and over1,775
- Share 65 and over19.8 percent
- Households3,715
- Family households2,261
- Share of households that are families60.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cortez
Income and work in Cortez
- Median household income$54,247
- Per capita income$30,546
- Civilian labor force4,082
- Employed3,915
- Unemployed167 plus or minus 109
- Unemployment rate4.1 percent plus or minus 2.6
- Adults 25 and over5,911
- Adults 25 and over with a high school diploma or higher88.9 percent
- Adults 25 and over with a bachelor degree or higher26.6 percent
- Adults 25 and over with a graduate degree11.3 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cortez
Housing in Cortez
- Housing units3,991
- Occupied units3,715
- Vacant units276 plus or minus 166
- Vacancy rate6.9 percent plus or minus 4.1
- Owner occupied2,437
- Renter occupied1,278 plus or minus 260
- Ownership rate65.6 percent
- Median owner-occupied home value$272,900
- Median gross rent, monthly$984
- Annual rent as a share of median income21.8 percent
- Single family units2,680
- Share single family67.2 percent
- Units in buildings of two or more759 plus or minus 222
- Share in buildings of two or more19.0 percent plus or minus 5.4
- Mobile homes552 plus or minus 168
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cortez
How Cortez gets to work
- Workers 16 and over who commute3,631
- Commuting under 15 minutes2,587
- Share commuting under 15 minutes71.2 percent
- Commuting 30 minutes or more436 plus or minus 186
- Share commuting 30 minutes or more12.0 percent plus or minus 5.0
- Drove alone76.7 percent
- Carpooled10.8 percent plus or minus 4.5
- Public transport0.0 percent
- Walked1.2 percent plus or minus 1.2
- Worked from home6.7 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cortez
SBA loans in Cortez (7(a))
- Approvals30
- Gross approval$10,562,100
- Average approval$352,070
- Median approval$213,500
- Ninetieth percentile approval$780,850
- Largest approval$1,408,600
- Jobs supported382
- Jobs per approval12.7
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more13.3 percent
- Share to franchises0.0 percent
- Distinct lenders10
- Distinct industries by NAICS21
Counted by borrower city: approvals to borrowers whose address is in Cortez, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cortez
SBA loans in Cortez (504)
- Approvals11
- Gross approval$3,533,000
- Average approval$321,182
- Median approval$289,000
- Largest approval$726,000
- Jobs supported42
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Cortez, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cortez
Flood risk in Cortez
- NFIP communityCity of Cortez
- NFIP community number080121
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/26/08(M)
The City of Cortez participates in the National Flood Insurance Program as community 080121 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Montezuma County, not Cortez
Montezuma County context, not Cortez figures
- Establishments in Montezuma County759
- Covered employment, Montezuma County9,453
- Average annual pay, Montezuma County$46,173
- Housing units permitted, Montezuma County22
Every figure in this section is published for Montezuma County as a whole and is not a measurement of Cortez.
All Montezuma County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Cortez questions, answered from the record.
How many people live in Cortez, Colorado?
8,976, in 3,715 households. Cortez city covers 6.23 square miles of land, which is 1,441 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cortez in?
Montezuma 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 Cortez?
$54,247. The median owner-occupied home is valued at $272,900. Median gross rent is $984 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cortez businesses?
30 7(a) approvals totaling $10.6 m since FY2020, across 10 lenders, median approval $213,500, plus 11 504 approvals worth $3.5 m since FY2010. These count approvals to borrowers whose address is in Cortez, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cortez borrowers get paid back?
No rate is published for Cortez. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Cortez in the National Flood Insurance Program?
Yes. Cortez appears in the FEMA Community Status Book as Cortez, city of, community 080121, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Cortez figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Montezuma 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 Cortez.
Is zoning published for Cortez?
No. Nothing on this page presents parcel level zoning.
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