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Mountain Village, CO

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Mountain Village is a very small town located in the state of Colorado. With a population of 1,252 people and just one neighborhood, Mountain Village is the 172nd largest community in Colorado.

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.

Occupations and Workforce

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 service providers, sales and office workers, and professionals. There are especially a lot of people living in Mountain Village who work in maintenance occupations (15.34%), food service (11.51%), and management occupations (10.29%).

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.

Setting & Lifestyle

Another notable thing is that Mountain Village is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town.

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 17.05 minutes getting to work every day.

For a small town, Mountain Village has a lot of people who use public transit to get to work, and those that do mostly ride taxis. This suggests that a real need for low-cost transportation in Mountain Village exists, and local transit is helping to meet that need.

Demographics

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Mountain Village. 56.63% 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 2018 was $80,843, which is wealthy relative to Colorado and the nation. This equates to an annual income of $323,372 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 Asian. 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 20.42% of the town’s residents. Important ancestries of people in Mountain Village include German, Irish, English, European, and Russian.

Mountain Village also has a high percentage of its population that was born in another country: 20.23%.

The most common language spoken in Mountain Village is English. Other important languages spoken here include Spanish and Tagalog.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

More people in choose to walk to work each day (26.8%) 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.

Real Estate

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 50.7%, which is higher than 98.7% of all U.S. neighborhoods.

People

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 87.4% of the neighborhoods in Colorado. If you are considering retiring to Colorado, this is a good neighborhood to look at.

Diversity

Did you know that the neighborhood has more Romanian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Romanian ancestry and 1.2% have Canadian ancestry.

is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 95.4% of the neighborhoods in America.

The Neighbors

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 61.3% of U.S. neighborhoods. In addition, 6.7% 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 59.4% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the neighborhood, 37.5% 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 30.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.3%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 72.7% of households. Other important languages spoken here include Spanish and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the neighborhood in Mountain Village, CO, residents most commonly identify their ethnicity or ancestry as Mexican (13.5%). There are also a number of people of German ancestry (12.9%), and residents who report Irish roots (9.5%), and some of the residents are also of English ancestry (6.6%), along with some Russian ancestry residents (3.1%), among others. In addition, 18.3% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (46.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (49.5%) 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 (26.8%) and 13.0% 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.


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