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.Elizabeth is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Elizabeth is a town of professionals, managers, and service providers. There are especially a lot of people living in Elizabeth who work in management occupations (10.13%), business and financial occupations (9.69%), and healthcare (8.99%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.16% 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. In addition, Elizabeth is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre. Elizabeth is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the 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. As is often the case in a small town, Elizabeth doesn't have a public transportation system that people use for their commute.The citizens of Elizabeth are among the most well-educated in the nation: 46.78% of adults in Elizabeth have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree. 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.