Summit County, Colorado: commercial real estate data.
Summit County, Colorado has a population of 31,017 across 608 square miles, down 1.3 percent since the 2020 census base. County output reached $4.34 bn in 2024, 2,306 establishments operate here, and the SBA record carries 121 7(a) approvals worth $79.2 m.
122 sourced county values · tier FULL · 11 sections
Summit County
How many people live in Summit County
- Population31,017
- Households12,545
- Average household size2.47
- Median household income$109,773
- Median age39.5
- Median gross rent$1,928 per month
- Median owner-occupied home value$939,900
- Home value to household income8.6 times
- Annual rent as a share of median income21.1 percent
- Adults 25 and over with a bachelor degree or higher55.0 percent
- Adults 25 and over with a graduate degree21.1 percent
- Adults 25 and over24,059
- Population under 185,046
- Share under 1816.3 percent
- Population 65 and over4,874
- Share 65 and over15.7 percent
- Working age population, 18 to 6421,097
- Civilian labor force20,174
- Unemployment rate5.0 percent
- Labor force participation, adults 18 and over77.7 percent
- Rank by population among Colorado counties19th of 64
- Rank by population among US county-equivalents1448th
Summit County is the 19th largest of 64 Colorado counties by population. A median home costs 8.6 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents under 18 outnumber those 65 and over, at 16.3 percent against 15.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Summit County
Is Summit County growing
- Population change since the 2020 census base-1.31 percent
- Census 2020 base population31,292
- Births, 2024262
- Deaths, 202493
- Natural change, 2024169
- Net domestic migration, 2024-318
- Net international migration, 2024198
- Total net migration, 2024-120
- Cumulative net domestic migration, 2021 to 2024-1,562
- Rank by growth among US county-equivalents2289th
The county has lost 1.31 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.
Summit County
Where people moving to Summit County come from
- Tax returns filed by households arriving1,694
- People arriving, from those returns2,303
- Adjusted gross income arriving$275.0 m
- Net adjusted gross income movement$0
- Average income of an arriving household$162,348
- Largest single originSummit County Non-migrants (13,005 households)
- Largest single destination (13,005 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Summit County Non-migrants | 13,005 | 22,439 | $1.91 bn |
| Other flows - Different State | 974 | 1,268 | $144.4 m |
| Other flows - South | 334 | 462 | $61.3 m |
| Other flows - Midwest | 231 | 288 | $30.6 m |
| Other flows - West | 228 | 296 | $33.7 m |
| Denver County | 192 | 247 | $57.6 m |
| Other flows - Northeast | 181 | 222 | $18.8 m |
| Other flows - Same State | 97 | 129 | $7.6 m |
The largest single source of arrivals is Summit 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.
Summit County
What the Summit County economy runs on
- County GDP, 2024$4.34 bn
- County GDP, 2023$4.04 bn
- GDP change, 2023 to 20247.6 percent
- GDP change over five years60.6 percent
- Rank by GDP among Colorado counties15th
- Rank by GDP among US county-equivalents768th
- GDP per resident$139,950
Output grew 7.6 percent in the latest year and 60.6 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.
Summit County
Who employs people in Summit County
- Covered employment, annual average22,553
- Establishments reporting2,515
- Average annual pay$56,817
- Average weekly wage$1,093
- Sector 72, employment7,445
- Sector 72, average annual pay$42,309
- Sector 44-45, employment2,795
- Sector 44-45, average annual pay$43,193
- Sector 71, employment1,885
- Sector 71, average annual pay$35,742
- Sector 53, employment1,290
- Sector 53, average annual pay$63,954
- Sector 62, employment1,262
- Sector 23, employment1,230
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 7,445 | 281 | $42,309 |
| Sector 44-45 | 2,795 | 285 | $43,193 |
| Sector 71 | 1,885 | 59 | $35,742 |
| Sector 53 | 1,290 | 356 | $63,954 |
| Sector 62 | 1,262 | 132 | $75,568 |
| Sector 23 | 1,230 | 328 | $78,495 |
| Sector 54 | 879 | 416 | $115,443 |
| Sector 56 | 801 | 164 | $53,249 |
The largest sector is the biggest private employer group at 7,445 jobs, 33.0 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.
Summit County
What businesses operate in Summit County
- Establishments, all industries2,306
- Employment at those establishments22,915
- Annual payroll$974.7 m
- Establishments per 1,000 residents74.3
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.
Summit County
What is being built in Summit County
- Housing units authorised by permit, 2024258
- Declared construction value permitted$163.1 m
- Single family units authorised159
- Multifamily units authorised99
- Multifamily share of units38.4 percent
- Average declared value per unit$632,127
- Units authorised per 1,000 households20.6
Multifamily is 38.4 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Summit County
How much SBA lending happens in Summit County
- 7(a) approvals recorded121
- 7(a) gross approval dollars$79.2 m
- Average 7(a) approval$654,836
- Median 7(a) approval$260,000
- 10th percentile approval$25,000
- 90th percentile approval$1,956,100
- Largest single approval$4,900,000
- Jobs reported supported, 7(a)1,115
- Jobs per approval9.2
- Distinct 7(a) lenders active32
- Distinct industries receiving approvals62
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer14.9 percent
- Loans on real estate terms18
- Loans on working capital terms, 120 months or shorter101
- Franchise loans3
- Franchise share of approvals2.5 percent
- Leading industry by approval countFull-Service Restaurants (14)
- Most active lenderU.S. Bank, National Association (21)
- 504 approvals recorded36
- 504 gross approval dollars$26.8 m
- Average 504 approval$743,500
- Median 504 approval$601,000
- Distinct CDCs active4
- 504 jobs per approval5.3
- 504 jobs per million dollars approved7.1
- Most active CDCB:Side Capital (27)
- 7(a) share of SBA approvals77.1 percent
- Combined SBA approval dollars$106.0 m
The average approval of $654,836 sits well above the median of $260,000, 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 14.9 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.
Summit County
Do SBA loans in Summit County get paid back
- Loans with a final outcome recorded26
- Paid in full24
- Charged off2
- Charge off rate on resolved loans7.7 percent
- Status: Charged off2
- Status: Paid in full24
- Status: Exempt from disclosure76
- Status: Cancelled13
- Status: Committed, not yet disbursed6
Of the 26 loans that have reached a final outcome, 7.7 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.
Summit County
Which parts of Summit County get the lending
- Places in the county with recorded lending5
- BRECKENRIDGE, approvals49
- Frisco, approvals34
- SILVERTHORNE, approvals27
- DILLON, approvals9
- Keystone, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| BRECKENRIDGE | 49 | $28,707,300 |
| Frisco | 34 | $22,900,900 |
| SILVERTHORNE | 27 | $20,226,000 |
| DILLON | 9 | $7,221,000 |
| Keystone | 2 | $180,000 |
BRECKENRIDGE accounts for 49 approvals against 34 in Frisco. 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.
Summit County
How big is Summit County
- Land area608 sq mi
- Rank by land area among Colorado counties55th of 64
- Width, east to west34.2 mi
- Height, north to south38.6 mi
- Geographies sharing a boundary5
- Residents per square mile of land51
- Establishments per square mile3.79
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 Summit 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 Summit County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population31,017
- Households12,545
- Average household size2.47
- Median household income$109,773
- Median age39.5
Common questions
Summit County questions, answered from the record.
How many people live in Summit County, Colorado?
31,017, in 12,545 households, ranking 19th of 64 Colorado counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Summit County growing?
The population has fallen 1.31 percent since the 2020 census base. In 2024 there were 262 births against 93 deaths, with net migration of -120. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Summit County?
$109,773. The median owner-occupied home is valued at $939,900, which is 8.6 times income, and median gross rent is $1,928 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Summit County?
2,306 establishments, employing 22,915 people with an annual payroll of $974.7 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 Summit County?
Average annual pay is $56,817, or $1,093 a week, across 22,553 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Summit County?
121 7(a) approvals totalling $79.2 m since FY2020, across 32 lenders, with a median approval of $260,000, plus 36 504 approvals worth $26.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Summit County get paid back?
Of the 26 loans that have reached a final outcome, 24 were paid in full and 2 charged off, a charge off rate of 7.7 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Summit County?
258 housing units were authorised by permit in 2024, with a declared construction value of $163.1 m. Multifamily was 38.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Summit 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 Summit County come from?
The largest single origin is Summit County Non-migrants, with 13,005 households. Arriving households report an average income of $162,348 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 Summit 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 Summit 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.