Elizabeth is a very small town located in the state of Colorado. With a population of 2,773 people and two associated neighborhoods, Elizabeth is the 153rd largest community in Colorado. There's nothing like the smell of a brand new house, and in Elizabeth, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Elizabeth, and putting down their money on brand new construction. Elizabeth’s real estate is, on average, some of the newest in the nation. Elizabeth does seem to be experiencing an influx of affluent people, because the median household income is $112,986.00.

Housing costs in Elizabeth are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.

Also of interest is that Elizabeth has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 11.16% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

In addition, Elizabeth is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

Because of many things, Elizabeth is a great place for families with children to consider. First of all, many other families with children live here, making Elizabeth a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Elizabeth has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Elizabeth’s overall crime rate is lower than average for the country.

In Elizabeth, however, the average commute to work is quite long. On average, people spend 39.36 minutes each day getting to work, which is significantly higher than the national average.

Being a small town, Elizabeth does not have a public transit system used by locals to get to and from work.

Elizabeth is one of the most well-educated cities in the nation. 46.78% of adults in Elizabeth have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Elizabeth in 2022 was $43,898, which is middle income relative to Colorado, and upper middle income relative to the rest of the US. This equates to an annual income of $175,592 for a family of four.

Elizabeth is a somewhat ethnically-diverse town. The people who call Elizabeth home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elizabeth residents report their race to be White, followed by Asian. Important ancestries of people in Elizabeth include German, Irish, English, Italian, and Scottish.

The most common language spoken in Elizabeth is English. Other important languages spoken here include Spanish and Polish.