Teller County, Colorado: commercial real estate data.
Teller County, Colorado has a population of 24,825 across 557 square miles, up 0.6 percent since the 2020 census base. 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.
119 sourced county values · tier FULL · 11 sections
Teller County
How many people live in Teller County
- Population24,825
- 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-equivalents1670th
Teller County is the 24th largest of 64 Colorado counties by population. A median home costs 5.6 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 25.1 percent against 15.7 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.
Teller County
Is Teller County growing
- Population change since the 2020 census base0.63 percent
- Census 2020 base population24,706
- 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
The county has grown 0.63 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone 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 people moving to Teller County come from
- Tax returns filed by households arriving1,352
- People arriving, from those returns2,428
- Adjusted gross income arriving$111.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$82,759
- Largest single originTeller County Non-migrants (9,641 households)
- Largest single destination (9,641 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Teller County Non-migrants | 9,641 | 18,626 | $853.6 m |
| Other flows - Different State | 661 | 1,237 | $57.0 m |
| El Paso County | 436 | 736 | $31.8 m |
| Other flows - South | 281 | 567 | $24.3 m |
| Other flows - West | 196 | 366 | $18.0 m |
| Other flows - Midwest | 139 | 239 | $10.4 m |
| Other flows - Same State | 114 | 203 | $7.1 m |
| Other flows - Northeast | 45 | 65 | $4.3 m |
The largest single source of arrivals is Teller 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.
Teller County
What the Teller County economy runs on
- 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 Colorado counties26th
- Rank by GDP among US county-equivalents1626th
- 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
Who employs people in Teller County
- Covered employment, annual average8,473
- Establishments reporting1,053
- Average annual pay$53,957
- Average weekly wage$1,038
- Sector 72, employment1,436
- Sector 72, average annual pay$35,449
- Sector 44-45, employment1,045
- Sector 44-45, average annual pay$34,739
- Sector 81, employment909
- Sector 81, average annual pay$43,069
- Sector 71, employment726
- Sector 71, average annual pay$41,690
- Sector 54, employment546
- Sector 62, employment443
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 1,436 | 80 | $35,449 |
| Sector 44-45 | 1,045 | 76 | $34,739 |
| Sector 81 | 909 | 71 | $43,069 |
| Sector 71 | 726 | 17 | $41,690 |
| Sector 54 | 546 | 213 | $98,787 |
| Sector 62 | 443 | 101 | $44,698 |
| Sector 23 | 381 | 134 | $50,642 |
| Sector 56 | 374 | 58 | $48,626 |
The largest sector is the biggest private employer group at 1,436 jobs, 16.9 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.
Teller County
What businesses operate 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.
US Census Bureau, County Business Patterns, 2023.
Teller County
What is being built in Teller County
- Housing units authorised by permit, 2024145
- Declared construction value permitted$49.9 m
- Single family units authorised145
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$343,931
- Units authorised per 1,000 households12.2
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Teller County
How much SBA lending happens in Teller County
- 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$2,118,000
- 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)
- Most active lenderPark State Bank & Trust (5)
- 504 approvals recorded14
- 504 gross approval dollars$9.2 m
- Average 504 approval$658,786
- Median 504 approval$272,000
- Distinct CDCs active3
- 504 jobs per approval4.0
- 504 jobs per million dollars approved6.1
- Most active CDCPikes Peak Regional Development Corporation (10)
- 7(a) share of SBA approvals77.8 percent
- Combined SBA approval dollars$46.0 m
The average approval of $749,537 sits well above the median of $481,500, 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. 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
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
Too few loans have reached a final outcome to publish a charge off rate. only 9 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.
Teller County
Which parts of Teller County get the lending
- Places in the county with recorded lending4
- WOODLAND PARK, approvals37
- Cripple Creek, approvals5
- DIVIDE, approvals5
- FLORISSANT, approvals2
| Place | 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 big 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.
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 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.
- Population24,825
- 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?
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 growing?
The population has grown 0.63 percent since the 2020 census base. 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 there 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 the average wage in Teller County?
Average annual pay is $53,957, or $1,038 a week, across 8,473 covered jobs. 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 totalling $36.7 m since FY2020, across 23 lenders, with a median approval of $481,500, plus 14 504 approvals worth $9.2 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Teller County?
145 housing units were authorised 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 Teller County Non-migrants, with 9,641 households. Arriving households report an average income of $82,759 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 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?
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.