HomeColoradoMontezuma CountyCortez city
Cortez city, Colorado: commercial real estate data.
Cortez city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Cortez borrowers
- Approvals30
- Gross approval$10,562,100
- Average approval$352,070
- Median approval$227,000
- Ninetieth percentile approval$788,500
- 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
A charge-off rate is not published here. only 3 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.
Cortez
SBA 504 lending to Cortez borrowers
- 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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montezuma County, not Cortez
Montezuma County context, not Cortez figures
These are Montezuma County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cortez measurements.
- Establishments in Montezuma County759
- Employment at those establishments, Montezuma County6,808
- Covered employment, Montezuma County9,453
- Average annual pay, Montezuma County$46,173
- Average weekly wage, Montezuma County$888
- Housing units permitted, Montezuma County22
- Of those, single family, Montezuma County22
- County product, 2024, Montezuma County$1,453,827,000
- County product change over the prior year, Montezuma County-5.2 percent
- Average income of an arriving household, Montezuma County$69,282
Every figure in this section is published for Montezuma County as a whole and is not a measurement of Cortez. 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
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 totalling $10.6 m, across 10 lenders, median approval $227,000, plus 11 504 approvals worth $3.5 m. 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 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 Cortez figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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