Steamboat Springs is a somewhat small city located in the state of Colorado. With a population of 13,302 people and seven constituent neighborhoods, Steamboat Springs is the 44th largest community in Colorado.
Steamboat Springs home prices are not only among the most expensive in Colorado, but Steamboat Springs real estate also consistently ranks among the most expensive in America.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.70% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Steamboat Springs is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the city experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller city.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 15.57 minutes getting to work every day.
If knowledge is power, Steamboat Springs is a pretty powerful place. 55.64% of the adults in Steamboat Springs have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Steamboat Springs in 2018 was $53,792, which is wealthy relative to Colorado and the nation. This equates to an annual income of $215,168 for a family of four. However, Steamboat Springs contains both very wealthy and poor people as well.
Steamboat Springs is a somewhat ethnically-diverse city. The people who call Steamboat Springs home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Steamboat Springs residents report their race to be White, followed by Asian. Important ancestries of people in Steamboat Springs include German, English, Irish, Polish, and Italian.
The most common language spoken in Steamboat Springs is English. Other important languages spoken here include Spanish and Slavic languages.