Lake County, Colorado: commercial real estate data.
Lake County, Colorado has a population of 7,380 across 377 square miles, down 0.9 percent since the 2020 census base. County output reached $564.0 m in 2024, 253 establishments operate here, and the SBA record carries 22 7(a) approvals worth $9.6 m.
116 sourced county values · tier FULL · 11 sections
Lake County
How many people live in Lake County
- Population7,380
- Households3,020
- Average household size2.44
- Median household income$96,575
- Median age37.3
- Median gross rent$1,397 per month
- Median owner-occupied home value$466,100
- Home value to household income4.8 times
- Annual rent as a share of median income17.4 percent
- Adults 25 and over with a bachelor degree or higher49.5 percent
- Adults 25 and over with a graduate degree19.2 percent
- Adults 25 and over5,150
- Population under 181,369
- Share under 1818.6 percent
- Population 65 and over1,116
- Share 65 and over15.1 percent
- Working age population, 18 to 644,895
- Civilian labor force4,683
- Unemployment rate2.2 percent
- Labor force participation, adults 18 and over77.9 percent
- Rank by population among Colorado counties42nd of 64
- Rank by population among US county-equivalents2709th
Lake County is the 42nd largest of 64 Colorado counties by population. A median home costs 4.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 18.6 percent against 15.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Lake County
Is Lake County growing
- Population change since the 2020 census base-0.90 percent
- Census 2020 base population7,436
- Births, 202490
- Deaths, 202439
- Natural change, 202451
- Net domestic migration, 2024-47
- Net international migration, 2024-2
- Total net migration, 2024-49
- Cumulative net domestic migration, 2021 to 2024-215
- Rank by growth among US county-equivalents2155th
The county has lost 0.90 percent of its population since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Lake County
Where people moving to Lake County come from
- Tax returns filed by households arriving389
- People arriving, from those returns562
- Adjusted gross income arriving$27.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$70,113
- Largest single originLake County Non-migrants (2,770 households)
- Largest single destination (2,770 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Lake County Non-migrants | 2,770 | 5,062 | $197.5 m |
| Other flows - Different State | 158 | 228 | $10.6 m |
| Other flows - Same State | 110 | 159 | $8.4 m |
| Other flows - South | 51 | 79 | $2.6 m |
| Other flows - Midwest | 45 | 66 | $4.3 m |
| Other flows - West | 39 | 59 | $2.7 m |
| Summit County | 38 | 63 | $2.5 m |
| Eagle County | 36 | 46 | $2.0 m |
The largest single source of arrivals is Lake County Non-migrants, 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.
Lake County
What the Lake County economy runs on
- County GDP, 2024$564.0 m
- County GDP, 2023$434.4 m
- GDP change, 2023 to 202429.8 percent
- GDP change over five years74.6 percent
- Rank by GDP among Colorado counties44th
- Rank by GDP among US county-equivalents2323rd
- GDP per resident$76,418
Output grew 29.8 percent in the latest year and 74.6 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.
Lake County
Who employs people in Lake County
- Covered employment, annual average2,935
- Establishments reporting293
- Average annual pay$57,697
- Average weekly wage$1,110
- Sector 72, employment398
- Sector 72, average annual pay$27,728
- Sector 44-45, employment237
- Sector 44-45, average annual pay$33,847
- Sector 23, employment176
- Sector 23, average annual pay$61,229
- Sector 62, employment165
- Sector 62, average annual pay$63,561
- Sector 71, employment146
- Sector 53, employment57
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 398 | 36 | $27,728 |
| Sector 44-45 | 237 | 38 | $33,847 |
| Sector 23 | 176 | 48 | $61,229 |
| Sector 62 | 165 | 12 | $63,561 |
| Sector 71 | 146 | 9 | $38,118 |
| Sector 53 | 57 | 20 | $41,918 |
| Sector 61 | 46 | 6 | $46,215 |
| Sector 81 | 41 | 16 | $40,497 |
The largest sector is the biggest private employer group at 398 jobs, 13.6 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Lake County
What businesses operate in Lake County
- Establishments, all industries253
- Employment at those establishments1,702
- Annual payroll$67.3 m
- Establishments per 1,000 residents34.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Lake County
What is being built in Lake County
- Housing units authorised by permit, 202455
- Declared construction value permitted$11.3 m
- Single family units authorised52
- Multifamily units authorised3
- Multifamily share of units5.5 percent
- Average declared value per unit$205,069
- Units authorised per 1,000 households18.2
Multifamily is 5.5 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Lake County
How much SBA lending happens in Lake County
- 7(a) approvals recorded22
- 7(a) gross approval dollars$9.6 m
- Average 7(a) approval$437,059
- Median 7(a) approval$265,000
- 10th percentile approval$25,000
- 90th percentile approval$975,000
- Largest single approval$2,135,000
- Jobs reported supported, 7(a)113
- Jobs per approval5.1
- Distinct 7(a) lenders active11
- Distinct industries receiving approvals15
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer31.8 percent
- Loans on real estate terms7
- Loans on working capital terms, 120 months or shorter14
- Franchise loans2
- Franchise share of approvals9.1 percent
- Leading industry by approval countLessors of Miniwarehouses and Self-Storage Units (3)
- Most active lenderU.S. Bank, National Association (4)
- 504 approvals recorded5
- 504 gross approval dollars$1.8 m
- Average 504 approval$363,800
- Median 504 approval$230,000
- Distinct CDCs active1
- 504 jobs per approval1.0
- 504 jobs per million dollars approved2.7
- Most active CDCB:Side Capital (5)
- 7(a) share of SBA approvals81.5 percent
- Combined SBA approval dollars$11.4 m
The average approval of $437,059 sits well above the median of $265,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. 31.8 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.
Lake County
Do SBA loans in Lake County get paid back
- Loans with a final outcome recorded3
- Paid in full3
- Charged off0
- Status: Exempt from disclosure15
- Status: Cancelled4
- Status: Paid in full3
Too few loans have reached a final outcome to publish a charge off rate. only 3 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake County
Which parts of Lake County get the lending
- Places in the county with recorded lending2
- Leadville, approvals18
- TWIN LAKES, approvals4
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Leadville | 18 | $8,402,700 |
| TWIN LAKES | 4 | $1,212,600 |
Leadville accounts for 18 approvals against 4 in TWIN LAKES. 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.
Lake County
How big is Lake County
- Land area377 sq mi
- Rank by land area among Colorado counties61st of 64
- Width, east to west23.7 mi
- Height, north to south22.3 mi
- Geographies sharing a boundary5
- Residents per square mile of land20
- Establishments per square mile0.67
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.
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.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Lake 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 Lake County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population7,380
- Households3,020
- Average household size2.44
- Median household income$96,575
- Median age37.3
Common questions
Lake County questions, answered from the record.
How many people live in Lake County, Colorado?
7,380, in 3,020 households, ranking 42nd of 64 Colorado counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lake County growing?
The population has fallen 0.90 percent since the 2020 census base. In 2024 there were 90 births against 39 deaths, with net migration of -49. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lake County?
$96,575. The median owner-occupied home is valued at $466,100, which is 4.8 times income, and median gross rent is $1,397 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Lake County?
253 establishments, employing 1,702 people with an annual payroll of $67.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Lake County?
Average annual pay is $57,697, or $1,110 a week, across 2,935 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lake County?
22 7(a) approvals totalling $9.6 m since FY2020, across 11 lenders, with a median approval of $265,000, plus 5 504 approvals worth $1.8 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Lake County?
55 housing units were authorised by permit in 2024, with a declared construction value of $11.3 m. Multifamily was 5.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lake 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 Lake County come from?
The largest single origin is Lake County Non-migrants, with 2,770 households. Arriving households report an average income of $70,113 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Lake 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 Lake County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.