Pagosa Springs is a very small town located in the state of Colorado. With a population of 1,773 people and four associated neighborhoods, Pagosa Springs is the 156th largest community in Colorado. Pagosa Springs has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Pagosa Springs, where the median household income is $36,712.00.

Housing costs in Pagosa Springs 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.

A relatively large number of people in Pagosa Springs telecommute to their jobs. Overall, about 8.25% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.

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 16.88 minutes getting to work every day.

The education level of Pagosa Springs citizens is a little higher than the average for US cities and towns: 23.27% of adults in Pagosa Springs have at least a bachelor's degree.

The per capita income in Pagosa Springs in 2022 was $24,141, which is low income relative to Colorado and the nation. This equates to an annual income of $96,564 for a family of four. However, Pagosa Springs contains both very wealthy and poor people as well.

Pagosa Springs is an extremely ethnically-diverse town. The people who call Pagosa Springs home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Pagosa Springs, accounting for 47.21% of the town’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Pagosa Springs residents report their race to be White, followed by Native Hawaiian. Important ancestries of people in Pagosa Springs include German, English, Irish, Russian, and Danish.

The most common language spoken in Pagosa Springs is English. Other important languages spoken here include Spanish and Native American languages.