Breckenridge is a very small town located in the state of Colorado. With a population of 4,940 people and four associated neighborhoods, Breckenridge is the 88th largest community in Colorado.
Breckenridge home prices are not only among the most expensive in Colorado, but Breckenridge real estate also consistently ranks among the most expensive in America.
A relatively large number of people in Breckenridge telecommute to their jobs. Overall, about 19.20% 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.
Another notable thing is that Breckenridge is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Breckenridge’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
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 18.70 minutes getting to work every day.
Even though Breckenridge is a smaller town, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Breckenridge. 59.86% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Breckenridge in 2022 was $58,796, which is wealthy relative to Colorado and the nation. This equates to an annual income of $235,184 for a family of four. However, Breckenridge contains both very wealthy and poor people as well.
Breckenridge is a somewhat ethnically-diverse town. The people who call Breckenridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Breckenridge residents report their race to be White, followed by Native Hawaiian. Important ancestries of people in Breckenridge include German, English, Irish, Polish, and Russian.
The most common language spoken in Breckenridge is English. Other important languages spoken here include Italian and Spanish.