Breckenridge is a somewhat small town located in the state of Colorado. With a population of 4,917 people and four associated neighborhoods, Breckenridge is the 88th largest community in Colorado.
Breckenridge home prices are not only among the most expensive in Colorado, but Breckenridge real estate also consistently ranks among the most expensive in America.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.14% 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.
Another notable thing is that Breckenridge is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Breckenridge’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
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 17.81 minutes getting to work every day.
In Breckenridge, a lot of people use the bus to get to work every day though Breckenridge is a relatively small town. Those that ride the bus are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Breckenridge. 55.58% 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 Breckenridge in 2022 was $55,848, which is wealthy relative to Colorado and the nation. This equates to an annual income of $223,392 for a family of four.
Breckenridge is a somewhat ethnically-diverse town. The people who call Breckenridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Breckenridge residents report their race to be White, followed by Native Hawaiian. Important ancestries of people in Breckenridge include German, English, Irish, Polish, and Turkish.
The most common language spoken in Breckenridge is English. Other important languages spoken here include Italian and Spanish.