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Simla, Colorado

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
423
Population
$44,688
Median Income
$251,400
Home Value
38.8
Median Age

Demographics

Simla has a population of 423 with a median age of 38.8. Here is the racial and ethnic breakdown of the population:

White
85.8%
Other
14.2%
Demographic Value
Total Population423
Median Age38.8
White85.8%
Other / Two or More Races14.2%
Simla, Colorado — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 85.8%Other: 14.2%423PopulationWhiteWhite85.8%OtherOther14.2%

Income & Economy

The median household income in Simla is $44,688, which is 44.6% below the national median of $80,610. The per capita income is $42,866. The poverty rate is 31.0%.

$44,688
Median Household Income
$42,866
Per Capita Income
31.0%
Poverty Rate

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Education

In Simla, 94.1% of residents age 25+ have a high school diploma or higher, and 20.6% hold a bachelor's degree or higher (1.0% with a graduate or professional degree).

HS Diploma+
94.1%
Bachelor's+
20.6%
Graduate+
1.0%
Education Level % of Adults (25+)
High School Diploma or Higher94.1%
Bachelor's Degree or Higher20.6%
Graduate or Professional Degree1.0%

Housing

The median home value in Simla is $251,400, below the national median of $303,400. The median monthly rent is $1,042. The homeownership rate is 45.5%.

$251,400
Median Home Value
$1,042/mo
Median Rent
45.5%
Homeownership Rate
Housing Metric Value
Median Home Value$251,400
Median Monthly Rent$1,042
Homeownership Rate45.5%
Vacancy Rate10.1%

Salaries in Colorado

Explore salary data for popular occupations in Colorado:

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Other Cities in Colorado

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Frequently Asked Questions

What is the population of Simla, Colorado?
The population of Simla, Colorado is 423 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Simla, Colorado?
The median household income in Simla, Colorado is $44,688. This is 44.6% below the national median of $80,610.
What is the median home value in Simla, Colorado?
The median home value in Simla, Colorado is $251,400. The median monthly rent is $1,042.
What percentage of people in Simla have a college degree?
In Simla, Colorado, 20.6% of adults age 25 and older hold a bachelor's degree or higher, and 94.1% have a high school diploma or higher.
Is Simla, Colorado an affordable place to live?
The home price-to-income ratio in Simla, Colorado is 5.6x (median home value $251,400 vs. median income $44,688), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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