Pitkin County, Colorado: commercial real estate data.
Pitkin County, Colorado has a population of 16,985 across 971 square miles, down 4.2 percent since the 2020 census base. County output reached $3.85 bn in 2024, 1,708 establishments operate here, and the SBA record carries 29 7(a) approvals worth $26.4 m.
120 sourced county values · tier FULL · 11 sections
Pitkin County
How many people live in Pitkin County
- Population16,985
- Households9,215
- Average household size1.84
- Median household income$102,645
- Median age47.2
- Median gross rent$2,004 per month
- Median owner-occupied home value$1,139,100
- Home value to household income11.1 times
- Annual rent as a share of median income23.4 percent
- Adults 25 and over with a bachelor degree or higher62.8 percent
- Adults 25 and over with a graduate degree25.4 percent
- Adults 25 and over13,802
- Population under 182,484
- Share under 1814.6 percent
- Population 65 and over3,875
- Share 65 and over22.8 percent
- Working age population, 18 to 6410,626
- Civilian labor force10,190
- Unemployment rate2.5 percent
- Labor force participation, adults 18 and over70.3 percent
- Rank by population among Colorado counties30th of 64
- Rank by population among US county-equivalents2037th
Pitkin County is the 30th largest of 64 Colorado counties by population. A median home costs 11.1 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents 65 and over outnumber those under 18, at 22.8 percent against 14.6 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Pitkin County
Is Pitkin County growing
- Population change since the 2020 census base-4.16 percent
- Census 2020 base population17,366
- Births, 2024123
- Deaths, 202443
- Natural change, 202480
- Net domestic migration, 2024-194
- Net international migration, 202460
- Total net migration, 2024-134
- Cumulative net domestic migration, 2021 to 2024-1,197
- Rank by growth among US county-equivalents2918th
The county has lost 4.16 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.
Pitkin County
Where people moving to Pitkin County come from
- Tax returns filed by households arriving796
- People arriving, from those returns1,057
- Adjusted gross income arriving$425.2 m
- Net adjusted gross income movement$0
- Average income of an arriving household$534,172
- Largest single originPitkin County Non-migrants (7,587 households)
- Largest single destination (7,587 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Pitkin County Non-migrants | 7,587 | 12,847 | $4.14 bn |
| Other flows - Different State | 434 | 583 | $372.1 m |
| Other flows - South | 148 | 214 | $58.0 m |
| Other flows - West | 103 | 139 | $46.2 m |
| Garfield County | 101 | 142 | $5.2 m |
| Other flows - Northeast | 100 | 126 | $63.5 m |
| Eagle County | 95 | 127 | $10.9 m |
| Other flows - Same State | 84 | 91 | $5.4 m |
The largest single source of arrivals is Pitkin 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.
Pitkin County
What the Pitkin County economy runs on
- County GDP, 2024$3.85 bn
- County GDP, 2023$3.62 bn
- GDP change, 2023 to 20246.2 percent
- GDP change over five years65.4 percent
- Rank by GDP among Colorado counties17th
- Rank by GDP among US county-equivalents830th
- GDP per resident$226,473
Output grew 6.2 percent in the latest year and 65.4 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.
Pitkin County
Who employs people in Pitkin County
- Covered employment, annual average18,030
- Establishments reporting2,084
- Average annual pay$78,151
- Average weekly wage$1,503
- Sector 72, employment4,703
- Sector 72, average annual pay$56,459
- Sector 71, employment2,568
- Sector 71, average annual pay$69,827
- Sector 44-45, employment1,436
- Sector 44-45, average annual pay$68,315
- Sector 53, employment1,275
- Sector 53, average annual pay$87,494
- Sector 56, employment1,033
- Sector 54, employment889
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 4,703 | 166 | $56,459 |
| Sector 71 | 2,568 | 67 | $69,827 |
| Sector 44-45 | 1,436 | 234 | $68,315 |
| Sector 53 | 1,275 | 319 | $87,494 |
| Sector 56 | 1,033 | 114 | $59,856 |
| Sector 54 | 889 | 339 | $141,128 |
| Sector 81 | 871 | 264 | $68,345 |
| Sector 23 | 775 | 148 | $98,774 |
The largest sector is the biggest private employer group at 4,703 jobs, 26.1 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.
Pitkin County
What businesses operate in Pitkin County
- Establishments, all industries1,708
- Employment at those establishments17,629
- Annual payroll$1.05 bn
- Establishments per 1,000 residents100.6
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.
Pitkin County
What is being built in Pitkin County
- Housing units authorised by permit, 2024147
- Declared construction value permitted$555.9 m
- Single family units authorised46
- Multifamily units authorised101
- Multifamily share of units68.7 percent
- Average declared value per unit$3,781,417
- Units authorised per 1,000 households16.0
Multifamily is 68.7 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Pitkin County
How much SBA lending happens in Pitkin County
- 7(a) approvals recorded29
- 7(a) gross approval dollars$26.4 m
- Average 7(a) approval$909,669
- Median 7(a) approval$200,000
- 10th percentile approval$25,000
- 90th percentile approval$3,500,000
- Largest single approval$4,850,000
- Jobs reported supported, 7(a)258
- Jobs per approval8.9
- Distinct 7(a) lenders active15
- Distinct industries receiving approvals23
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer13.8 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter25
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countPlumbing, Heating, and Air-Conditioning Contractors (3)
- Most active lenderTimberline Bank (12)
- 504 approvals recorded11
- 504 gross approval dollars$6.7 m
- Average 504 approval$606,182
- Median 504 approval$406,000
- Distinct CDCs active2
- 504 jobs per approval2.4
- 504 jobs per million dollars approved3.9
- Most active CDCB:Side Capital (9)
- 7(a) share of SBA approvals72.5 percent
- Combined SBA approval dollars$33.0 m
The average approval of $909,669 sits well above the median of $200,000, 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. Only 13.8 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
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.
Pitkin County
Do SBA loans in Pitkin County get paid back
- Loans with a final outcome recorded10
- Paid in full10
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Exempt from disclosure14
- Status: Paid in full10
- Status: Cancelled4
- Status: Committed, not yet disbursed1
Of the 10 loans that have reached a final outcome, 0.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pitkin County
Which parts of Pitkin County get the lending
- Places in the county with recorded lending4
- ASPEN, approvals19
- BASALT, approvals7
- SNOWMASS VILLAGE, approvals2
- SNOWMASS, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| ASPEN | 19 | $7,238,800 |
| BASALT | 7 | $12,166,600 |
| SNOWMASS VILLAGE | 2 | $5,500,000 |
| SNOWMASS | 1 | $1,475,000 |
ASPEN accounts for 19 approvals against 7 in BASALT. 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.
Pitkin County
How big is Pitkin County
- Land area971 sq mi
- Rank by land area among Colorado counties44th of 64
- Width, east to west55.8 mi
- Height, north to south26.8 mi
- Geographies sharing a boundary6
- Residents per square mile of land17
- Establishments per square mile1.76
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 Pitkin 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 Pitkin County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population16,985
- Households9,215
- Average household size1.84
- Median household income$102,645
- Median age47.2
Common questions
Pitkin County questions, answered from the record.
How many people live in Pitkin County, Colorado?
16,985, in 9,215 households, ranking 30th of 64 Colorado counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Pitkin County growing?
The population has fallen 4.16 percent since the 2020 census base. In 2024 there were 123 births against 43 deaths, with net migration of -134. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Pitkin County?
$102,645. The median owner-occupied home is valued at $1,139,100, which is 11.1 times income, and median gross rent is $2,004 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Pitkin County?
1,708 establishments, employing 17,629 people with an annual payroll of $1.05 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Pitkin County?
Average annual pay is $78,151, or $1,503 a week, across 18,030 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Pitkin County?
29 7(a) approvals totalling $26.4 m since FY2020, across 15 lenders, with a median approval of $200,000, plus 11 504 approvals worth $6.7 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Pitkin County get paid back?
Of the 10 loans that have reached a final outcome, 10 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Pitkin County?
147 housing units were authorised by permit in 2024, with a declared construction value of $555.9 m. Multifamily was 68.7 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Pitkin 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 Pitkin County come from?
The largest single origin is Pitkin County Non-migrants, with 7,587 households. Arriving households report an average income of $534,172 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 Pitkin 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 Pitkin 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.