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Simla, Colorado

town · Elbert County

At a glance

423
Population
$251,400
Median home value (all homes)
17% below U.S. median
$338,767
Typical market value
Zillow, 2026-07
$1,042/mo
Median rent
23% below U.S. median
$44,688
Median household income
43% below U.S. median
19.3 min
Average commute
88.2%
Homes with broadband
100%
Locations with fiber available
0%
Unemployment

Cost of living (Clay Affordability Index)

CAI 99 — 1% below the national average. how it's computed

Housing1% above
Goods & services0% above
Utilities7% above
Taxes22% below
Insurance16% above
Commute cost32% below
For business: Colorado is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college40 mi
Nearest community college43 mi
Nearest technical college40 mi
High school graduates94.1%
College graduates20.6%

Doing business here

Economic development contacts, most local first:

state Colorado Economic Development
The Colorado Office of Economic Development and International Trade promotes economic growth and long-term job creation by supporting small businesses and encouraging business expansion across Colorado, and champions industries like the creative industries, outdoor recreation, and tourism.
State sales taxYes
State income taxYes
Right-to-work stateNo

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