Teller County, Colorado: commercial real estate data.
Teller County, Colorado had an estimated 24,862 residents on July 1, 2024, up 0.6 percent since the 2020 census base of 24,706, across 557 square miles. County output reached $1.31 bn in 2024, 824 establishments operate here, and the SBA record carries 49 7(a) approvals worth $36.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Teller County
How many people live in Teller County
- Population, American Community Survey 2020-202424,825
- Households11,860
- Average household size2.09
- Median household income$85,361
- Median age52.2
- Median gross rent$1,880 per month
- Median owner-occupied home value$479,900
- Home value to household income5.6 times
- Annual rent as a share of median income26.4 percent
- Adults 25 and over with a bachelor degree or higher37.9 percent
- Adults 25 and over with a graduate degree15.5 percent
- Adults 25 and over19,775
- Population under 183,889
- Share under 1815.7 percent
- Population 65 and over6,224
- Share 65 and over25.1 percent
- Working age population, 18 to 6414,712
- Civilian labor force12,369
- Unemployment rate3.7 percent
- Labor force participation, adults 18 and over59.1 percent
- Rank by population among Colorado counties24th of 64
- Rank by population among US county-equivalents, Puerto Rico included1670th of 3,222
Teller County is the 24th largest of 64 Colorado counties by population. A median home costs 5.6 times median household income, which is severely unaffordable by national standards. Residents 65 and over outnumber those under 18, at 25.1 percent against 15.7 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Teller County
Is Teller County's population growing?
- Population, July 1, 202424,862
- Census 2020 base population24,706
- Population change since the 2020 census base0.63 percent
- Population change, 2023 to 2024151
- Births, 2024198
- Deaths, 2024216
- Natural change, 2024-18
- Net domestic migration, 202472
- Net international migration, 202492
- Total net migration, 2024164
- Cumulative net domestic migration, 2021 to 2024159
- Rank by growth among US county-equivalents1607th of 3,144
The county has grown 0.63 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Teller County
Where are people moving to Teller County from?
- Tax returns filed by households arriving1,352
- People arriving, from those returns2,428
- Tax returns filed by households leaving1,288
- Net household movement64
- Adjusted gross income arriving$111.9 m
- Net adjusted gross income movement$19.2 m
- Average income of an arriving household$82,759
- Average income of a leaving household$71,936
- Largest single originEl Paso County (436 households)
- Largest single destinationEl Paso County (371 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| El Paso County | 436 | 736 | $31.8 m |
| Douglas County | 38 | 68 | $4.0 m |
| Arapahoe County | 36 | 61 | $2.4 m |
| Jefferson County | 25 | 43 | $2.8 m |
| Adams County | 21 | 55 | $2.1 m |
| Denver County | 21 | 28 | $1.6 m |
Households arriving report $10,823 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is El Paso County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Teller County
What is the Teller County economy?
- County GDP, 2024$1.31 bn
- County GDP, 2023$1.31 bn
- GDP change, 2023 to 2024-0.5 percent
- GDP change over five years23.3 percent
- Rank by GDP among the Colorado areas BEA publishes26th of 64
- Rank by GDP among the US county areas BEA publishes1626th of 3,127
- GDP per resident$52,578
Output grew -0.5 percent in the latest year and 23.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Teller County
Employment by industry in Teller County
- Covered employment, annual average8,473
- Establishments reporting1,053
- Average annual pay$53,957
- Average weekly wage$1,038
- Accommodation and food services, employment1,436
- Accommodation and food services, average annual pay$35,449
- Retail trade, employment1,045
- Retail trade, average annual pay$34,739
- Other services, except public administration, employment909
- Other services, except public administration, average annual pay$43,069
- Arts, entertainment and recreation, employment726
- Arts, entertainment and recreation, average annual pay$41,690
- Professional, scientific and technical services, employment546
- Health care and social assistance, employment443
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Accommodation and food services | 1,436 | 80 | $35,449 |
| Retail trade | 1,045 | 76 | $34,739 |
| Other services, except public administration | 909 | 71 | $43,069 |
| Arts, entertainment and recreation | 726 | 17 | $41,690 |
| Professional, scientific and technical services | 546 | 213 | $98,787 |
| Health care and social assistance | 443 | 101 | $44,698 |
| Construction | 381 | 134 | $50,642 |
| Administrative and support and waste management services | 374 | 58 | $48,626 |
Accommodation and food services is the largest private sector at 1,436 jobs, 16.9 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Teller County
How many businesses are in Teller County?
- Establishments, all industries824
- Employment at those establishments7,007
- Annual payroll$338.4 m
- Establishments per 1,000 residents33.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Teller County
Building permits in Teller County
- Housing units authorized by permit, 2024145
- Declared construction value permitted$49.9 m
- Single family units authorized145
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$343,931
- Units authorized per 1,000 households12.2
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Teller County
SBA loans in Teller County (7(a) and 504)
- 7(a) approvals recorded49
- 7(a) gross approval dollars$36.7 m
- Average 7(a) approval$749,537
- Median 7(a) approval$481,500
- 10th percentile approval$100,000
- 90th percentile approval$1,832,320
- Largest single approval$3,619,900
- Jobs reported supported, 7(a)461
- Jobs per approval9.4
- Distinct 7(a) lenders active23
- Distinct industries receiving approvals35
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer42.9 percent
- Loans on real estate terms21
- Loans on working capital terms, 120 months or shorter27
- Franchise loans3
- Franchise share of approvals6.1 percent
- Leading industry by approval countFull-Service Restaurants (6)
- 504 approvals recorded14
- 504 gross approval dollars$9.2 m
- Average 504 approval$658,786
- Median 504 approval$263,000
- Distinct CDCs active3
- 504 jobs per approval4.0
- 504 jobs per million dollars approved6.1
- Most active CDCPikes Peak Regional Development Corporation (10)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$46.0 m
The average approval of $749,537 sits well above the median of $481,500, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. 42.9 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Teller County
SBA loan default and charge-off rates in Teller County
Do SBA loans in Teller County get paid back?
- Loans with a final outcome recorded9
- Paid in full9
- Charged off0
- Status: Paid in full9
- Status: Cancelled2
- Status: Exempt from disclosure36
- Status: Committed, not yet disbursed2
Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Teller County
SBA lending by place in Teller County
- Borrower cities with recorded lending4
- Woodland Park, approvals37
- Cripple Creek, approvals5
- Divide, approvals5
- Florissant, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Woodland Park | 37 | $32,483,700 |
| Cripple Creek | 5 | $2,626,500 |
| Divide | 5 | $1,283,100 |
| Florissant | 2 | $334,000 |
Woodland Park accounts for 37 approvals against 5 in Cripple Creek. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Teller County
How large is Teller County?
- Land area557 sq mi
- Rank by land area among Colorado counties56th of 64
- Width, east to west21.1 mi
- Height, north to south33.3 mi
- Geographies sharing a boundary5
- Residents per square mile of land45
- Establishments per square mile1.48
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Teller County
Flood risk in Teller County
- Participation of the county's own NFIP community Teller County, unincorporated areasParticipating, community 080173
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Teller County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Teller County (community 080173), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Teller County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Teller County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Teller County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202424,825
- Households11,860
- Average household size2.09
- Median household income$85,361
- Median age52.2
Common questions
Teller County questions, answered from the record.
How many people live in Teller County, Colorado?
The Census Bureau estimates 24,862 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 24,825, in 11,860 households, ranking 24th of 64 Colorado counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Teller County's population growing?
The population has grown 0.63 percent since the 2020 census base of 24,706, to 24,862 on July 1, 2024. In 2024 there were 198 births against 216 deaths, with net migration of 164. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Teller County?
$85,361. The median owner-occupied home is valued at $479,900, which is 5.6 times income, and median gross rent is $1,880 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Teller County?
824 establishments, employing 7,007 people with an annual payroll of $338.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Teller County?
Accommodation and food services is the largest private sector at 1,436 jobs, 16.9 percent of covered employment. Covered employment averages 8,473 jobs at an average annual pay of $53,957, or $1,038 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Teller County?
49 7(a) approvals totaling $36.7 m since FY2020, across 23 lenders, with a median approval of $481,500, plus 14 504 approvals worth $9.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Teller County?
145 housing units were authorized by permit in 2024, with a declared construction value of $49.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Teller County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Teller County come from?
The largest single origin is El Paso County, with 436 households. Arriving households report an average income of $82,759 against $71,936 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Teller County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Teller County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Teller County
Cities and places in Teller.
8 Census places lie wholly or partly in Teller County. All 8 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Woodland Park | city | 7,949 | 37 | Wholly in this county |
| Cripple Creek | city | 955 | 5 | Wholly in this county |
| Green Mountain Falls | town | 459 | None recorded | 32.1 percent here, 67.9 percent El Paso County |
| Victor | city | 388 | None recorded | Wholly in this county |
| Florissant | CDP | 192 | 2 | Wholly in this county |
| Midland | CDP | 182 | None recorded | Wholly in this county |
| Goldfield | CDP | 160 | None recorded | Wholly in this county |
| Divide | CDP | 87 | 5 | Wholly in this county |
Nearby