Green Mountain Falls, CO Profile: Facts & Data

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Green Mountain Falls, Colorado - Basic Facts

The Town of Green Mountain Falls had a population of 757 as of July 1, 2020. Green Mountain Falls ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Green Mountain Falls is located at latitude 38.935 and longitude -105.0169 in Teller County. The formal boundaries for the Town of Green Mountain Falls encompass a land area of 1.07 sq. miles and a water area of 0 sq. miles. Teller County is in the Mountain time zone (GMT -7). The elevation is 7,756 feet.

While the primary coordinates for Town of Green Mountain Falls are located in Teller County, it should be noted that the formal boundaries for this community also extend into and El Paso County.

The Town of Green Mountain Falls (GNIS ID: ) has a P1 Census Class Code which indicates populated place that is also an incorporated place with the same name and the same census code. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Green Mountain Falls is located within Pikes Peak Division of Teller County.


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Green Mountain Falls, CO Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 757 (100%)
Population in Households 739 (97.6%)
Population in Families 529 (69.9%)
Population in Group Quarters1 18 ( 2.4%)
Population Density 694
Diversity Index2 23
 
 

INCOME

Median Household Income $60,457
Average Household Income $72,914
% of Income for Mortgage4 21%
Per Capita Income $33,783
Wealth Index5 67
 

HOUSING

Total HU (Housing Units) 670 (100%)
Owner Occupied HU 259 (38.7%)
Renter Occupied HU 109 (16.3%)
Vacant Housing Units 301 (44.9%)
Median Home Value $300,000
Average Home Value $431,008
Housing Affordability Index3 132
 

HOUSEHOLDS

Total Households 369
Average Household Size 2.0
Family Households 197
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 1.65% 1.54%
Households 1.71% 1.58%
Families 2.05% 1.38%
Median Household Income   2.16%
Per Capita Income   2.24%
Owner Occupied HU   1.57%

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Green Mountain Falls, CO - Peer Comparisons by Rank and Percentile

The table below compares Green Mountain Falls to the other 459 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 245 47th
Population Density # 250 46th
Median Household Income # 227 51st
Housing Affordability Index # 254 55th
Per Capita Income # 215 53rd
Diversity Index # 354 23rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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