Mountain Village is a very small town located in the state of Colorado. With a population of 1,240 people and just one neighborhood, Mountain Village is the 172nd largest community in Colorado. Much of the housing stock in Mountain Village was built relatively recently. The construction of new real estate can often be taken as an indication that the local Mountain Village economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Mountain Village, where the median household income is $52,923.00.
Mountain Village home prices are not only among the most expensive in Colorado, but Mountain Village real estate also consistently ranks among the most expensive in America.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Mountain Village is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Mountain Village is a town of sales and office workers, service providers, and managers. There are especially a lot of people living in Mountain Village who work in sales jobs (30.36%), management occupations (10.36%), and food service (9.39%).
Of important note, Mountain Village is also a town of artists. Mountain Village has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Mountain Village’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.30% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Residents of the town have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 13.72 minutes getting to work every day.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Mountain Village. 61.33% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Mountain Village in 2022 was $98,621, which is wealthy relative to Colorado and the nation. This equates to an annual income of $394,484 for a family of four. However, Mountain Village contains both very wealthy and poor people as well.
Mountain Village is an extremely ethnically-diverse town. The people who call Mountain Village home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Mountain Village residents report their race to be White, followed by Black or African-American. Mountain Village also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 31.53% of the town’s residents. Important ancestries of people in Mountain Village include German, Irish, English, European, and Russian.
The most common language spoken in Mountain Village is English. Other important languages spoken here include Spanish and Polish.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Mountain Village, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
More people in choose to walk to work each day (32.2%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
There are more people living in the neighborhood employed as sales and service workers (54.5%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the neighborhood has a highly unusual pattern of car ownership. 23.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.0% of U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 58.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Despite all of the residential real estate here in the neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 29.7%, which is higher than 95.3% of all U.S. neighborhoods.
If you're planning where to retire, the neighborhood in Mountain Village is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in CO, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.2% of the neighborhoods in Colorado. If you are considering retiring to Colorado, this is a good neighborhood to look at.
Did you know that the neighborhood has more Croatian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Croatian ancestry and 3.5% have Russian ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Mountain Village are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.4% of U.S. neighborhoods. In addition, 2.6% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 72.2% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 45.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.7%), and 3.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 71.2% of households. Some people also speak Spanish (25.3%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Mountain Village, CO, residents most commonly identify their ethnicity or ancestry as German (20.0%). There are also a number of people of Irish ancestry (9.9%), and residents who report Mexican roots (8.5%), and some of the residents are also of English ancestry (7.4%), along with some Polish ancestry residents (4.5%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (58.3% of working residents), one of the shortest commutes across America.
Here most residents (35.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (32.2%) and 18.8% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.