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Summit County, CO

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
102
2% above the U.S. average
Median home value
$850,700
national $303,400
Home prices, 5 years
+67.8%
over the 5 years to 2023
Monthly rent
$1,851
national $1,348
Homeownership
69%
national 65%
Unemployment
2.6%
national 3.6%
Household income
$106,255
national $78,538
Median age
39.2 yrs
national 38.7

Cost of living is the statewide price level for Colorado (state avg).

The cost of living runs about 2% above the national average. The median home is valued at $850,700 (nominal). Home prices have risen about 68% over the five years to 2023. Median rent is about $1,851 a month. Unemployment averaged 2.6% in 2023 (national 3.6%). Median household income is $106,255. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Summit County, CO saw a net loss of 191 tax-filing households and a net loss of 451 individuals. Against a population of about 30,465, that is a net outflow of about 15 per 1,000 residents. On net, the area gained $25.8M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 183 households, came from Denver County; the largest outflow, about 161 households, went to Denver County. In the prior (2022) filing year, the area saw a net loss of 336 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$25.8M
nominal dollars
Net households
-191
tax returns
Net people
-451
exemptions

-14.8 net people per 1,000 residents (population 30,465)

Income (AGI) in and out

Moved in$227.3M
Moved out$201.6M
Net +$25.8M (nominal)
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Summit County within Colorado

Summit County is outlined, with arrows tracing its largest moves to and from other Colorado counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Denver County, CO183161+22+$9.7M
Jefferson County, CO93122-29+$1.8M
Arapahoe County, CO4166-25-$4M
Boulder County, CO5041+9+$2M
Eagle County, CO4231+11-$930K
Park County, CO2251-29-$3.1M
Douglas County, CO3537-2+$1.2M
Larimer County, CO2839-11-$1.2M
Lake County, CO2641-15-$223K
El Paso County, CO3134-3+$343K
Grand County, CO58
Maricopa County, AZ3120+11+$318K

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: +$422.1M (-1,923 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$41.1M-182
2013+$55.2M+61
2014+$14.4M+31
2015+$22.6M+150
2016+$25.6M-79
2017+$10.8M-286
2018+$65.4M-253
2019+$7.9M-279
2020+$125M+61
2021+$56.2M-360
2022-$27.9M-336
2023+$25.8M-451
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 451 more people left Summit County, CO than moved in (counting tax filers and their dependents) — a net gain of about $25.8M in income (nominal) — in a county of 31,343 people.

Population
31,343
Census 2023 estimate
Net migration rate
-14.4
net people per 1,000 residents
A town of 10,000 would net about -144 people.
Net income per resident
+$822
nominal dollars
+$25.8M total across 31,343 residents.

The rate lets you compare Summit County, CO with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+253
Deaths
-86
Net domestic migration
-426
Net international migration
+317
Total change
+67

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Summit County, CO run about 2% above the national average. In plain terms: $100 spent here buys about what $98 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$106,630
what people here earn (BEA 2023, nominal)
52% above the U.S. average
Price level
101.9
100 = U.S. average prices (BEA price parity)
everyday costs about 1.9% higher than average
What that income buys
$104,687
local income restated at U.S.-average prices
50% above the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

This county isn't in a metro area that BEA prices separately, so cost of living shows the Colorado (state avg) figure.

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents130.5
Goods99.2
Utilities86.8
Other services96.5

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Summit County, CO

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
39.2
years
Median household income
$106,255
per household (ACS 2019–2023, nominal)
35% above the U.S. median
College degree
52%
adults 25+ with a bachelor's or higher
Poverty rate
7.4%
residents below the poverty line
Average commute
21 min
mean travel time to work
Broadband at home
97%
households with any broadband
Race and ethnicity (share of residents)
White 75%Hispanic 17%Black 0%Asian 1%Other 6%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$850,700
owner-occupied homes
180% above the U.S. median
Median rent
$1,851
gross rent per month
37% above the U.S. median
Homeownership
69%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+13.4%
price change, 2022 to 2023
Past 5 years
+68%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
545new housing units authorized in 2023
Single-family 28%Multifamily 72%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
2.6%
BLS 2023 annual average
Labor force
20,258
19,738 employed
Disaster declarations
major federal, 2023

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
2.8%
April 2026 · ▲ 0.1 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Summit County, CO has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
202411,7625,244536D +37.217,542
202012,6315,322526D +39.618,479
20169,5575,1001,517D +27.616,174
20129,3475,571394D +24.715,312
20089,8024,883214D +33.014,899
20048,1445,370221D +20.213,735
20005,3044,4971,267D +7.311,068

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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