Grand Lake is a tiny town located in the state of Colorado. With a population of 400 people and just one neighborhood, Grand Lake is the 216th largest community in Colorado.
Housing costs in Grand Lake 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.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Grand Lake is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Grand Lake is a town of service providers, construction workers and builders, and managers. There are especially a lot of people living in Grand Lake who work in maintenance occupations (17.13%), management occupations (15.47%), and sales jobs (14.36%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.29% 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 Grand Lake is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Grand Lake is worth considering.
Grand Lake is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The education level of Grand Lake citizens is very high relative to the national average among all cities (21.84%): 35.23% of adults in Grand Lake have a bachelor's degree or even advanced degree.
The per capita income in Grand Lake in 2022 was $56,215, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $224,860 for a family of four. However, Grand Lake contains both very wealthy and poor people as well.
The people who call Grand Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Grand Lake residents report their race to be White. Important ancestries of people in Grand Lake include English, German, Irish, Scottish, and British.
The most common language spoken in Grand Lake is English. Other important languages spoken here include Italian and Spanish.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
In a nation where 1 out of every 4 children lives in poverty, the neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, astoundingly, the neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.0% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Grand Lake neighborhood.
Also, if you're nearing retirement age, or in retirement, the is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.6% of retiree-friendly neighborhoods in Colorado, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Colorado.
Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 65.3% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 99.6% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In addition, one of the notable things about is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
A unique way of commuting is simply not to. And in the neighborhood, analysis shows that 39.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.1% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.8% of all American neighborhoods.
Did you know that the neighborhood has more Scots-Irish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.7% of this neighborhood's residents have Scots-Irish ancestry and 3.7% have Welsh ancestry.
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 Grand Lake are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.1% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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, 39.4% 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 26.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.8%), and 10.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 99.0% of households. Some people also speak Italian (3.5%).
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 Grand Lake, CO, residents most commonly identify their ethnicity or ancestry as German (18.6%). There are also a number of people of Irish ancestry (10.2%), and residents who report Scots-Irish roots (7.7%), and some of the residents are also of Norwegian ancestry (7.7%), along with some English ancestry residents (7.6%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (39.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (44.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.