Demographics
The average cost of a home in Beaver Creek is over 6 million.
Sixty percent of Vail visitors have annual incomes exceeding
$100,000. 86% of Vail visitors have annual incomes exceeding
$50,000. How does that sound for demographics?
Demographics present information about recent population and economic
trends, which are affecting governments, businesses and people who
reside in the area. Eagle County includes exclusive summer and
ski resorts, such as Vail and Beaver Creek. Once a county
dependent upon mining and agriculture, today's economy is driven by
tourism.
The population of Eagle County is 41,659, based on the Census
2000. This county has experienced a 90% growth since 1960 and a
25% growth since 1990. The overwhelming majority, 74% of the
population, is non-Hispanic white, with 23% of the population of the
Hispanic race, and a small 3% of its population to other race and
ethnicities.
53% of the people who reside in the Beaver Creek, Vail and neighboring
communities are not from Colorado. Only 28% are native to
Colorado and the percentage of foreign born residents is growing every
year. As of 2000, 18% of Eagle County's total population was that
of foreign born individuals, whereas in 1990, a decade earlier, only 5%
were of foreign origin.
Census 2000 recorded that 50% of the residents 25 years and over in
Eagle County attained a degree, that of an associate, bachelor's,
graduate or professional degree. Over the last decade, however,
the numbers show a decline in high school graduates, and those
accomplishing up to 9th grade.
Eagle County's annual household income, based on the majority of
residents, ranged between $35,000 - $149,999. 25% of residents
made between $50,000 - $74,999, with 3% in the less than $9,999 range
and 6% in the $200,000 and above range.
Vail residents are 58% male and 42% female, with the median of 32 years
of age. The average home sale price for a single family is
$1,437,071 with a median of $525,000. The average household
income is $106,423 with a median of $65,000. Average monthly rent
is $1,026.
The demographics for tourist in the Vail and Beaver Creek resorts show
that the majority of summer visitors are 30 years and over. In
the winter, however, the majority of those seeking a ski and snowboard
vacation are 45 years and under. Annual skier visits for Vail are
1.4 million per year and Beaver Creek has 676,528 per year.
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