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Douglas County, CO

RANK #957 / 996  ·  POP 360,206  ·  CO

PROJECTED GROWTH: -3.2%

Douglas County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Douglas County?

Douglas County, Colorado, is often recognized for its natural amenities and quality of life, frequently ranking among the healthiest counties in the state. Situated between Denver and Colorado Springs, the county seat, Castle Rock, serves as a central hub. Commuting to Denver is common, with Interstate 25 being a primary route, though traffic congestion can occur during peak hours. The community offers a blend of suburban and rural living with extensive outdoor recreation opportunities, including over 48,000 acres of protected open space, hundreds of miles of trails, and access to three state parks: Castlewood Canyon, Chatfield, and Roxborough. The South Platte River also provides opportunities for fishing, kayaking, and wildlife viewing.

Life in Douglas County appeals to families, with highly rated public schools, including numerous charter and magnet options. The county has experienced significant population growth, drawing residents seeking a family-friendly environment and access to outdoor activities. The economy is driven by a mix of sectors, with recent developments focusing on commercial and residential growth. There is also ongoing investment in infrastructure to support new development, including wastewater systems. Efforts are underway to streamline processes for commercial and industrial development, aiming to enhance the business environment.

[02] Market Snapshot

Housing Ratio
9.1x

Overvalued relative to economy

GDP Growth
+3.0%

Above national median

Home Prices
-2.9%

Prices declining

Climate & Terrain
5.2

Favorable climate & terrain

Price/Rent
25x

Speculative pricing

Housing looks overvalued at 9.1x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Douglas County U.S. National

The Numbers

DEMOGRAPHICS
Population
360,206
+2.35% YoY
Median Household Income
$139,010
Median Home Value
$635,100
-2.91% 12mo
Median Rent
$1,953
Average Annual Pay
$84,978
+5.5% YoY
Employment
147,461
+3.2% YoY
Income-to-Home-Value
0.2189
Near national average
Migration Inflow
5.18%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$680,000
Days on Market
59
Moderate pace
Months of Supply
2.8
Seller's market
Sale-to-List Ratio
98.8%
Near asking price
Sold Above List
20.3%
Listings w/ Price Drops
30.3%
Building Permits (2024)
3,131
Single-Family Permits
2,120

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,263M
TOTAL
PROJECT AMOUNT STATUS
Pine Canyon Master-Planned Development
Undisclosed
$500M Planned
Gateway Center
Lockheed Martin
$350M Under Construction
Flexential Data Center
Flexential
$192M Under Construction
Canyon Peak Power (Natural Gas Peaking Plant)
CORE Electric Cooperative
$156M Under Construction
Zebulon Regional Sports Complex
KT Development
$65M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.0% 57 percentile
Population Growth +2.4% 92 percentile
Income Growth +9.1% 65 percentile
Vacancy Rate 0.7% 82 percentile
Home Price Change -2.9% 10 percentile
Rent Growth -0.7% 7 percentile
Price/Rent 25x 1 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Douglas County, CO a good place to move to?

Douglas County has a Boom Town Index score of 4/100, ranking #957 among 996 U.S. counties. With job growth at +3.2% and a median household income of $139,010, it faces some economic headwinds compared to faster-growing counties.

Is Douglas County affordable?

The median home value in Douglas County is $635,100 with median rent at $1,953/month. The income-to-home-value ratio is 0.2189, which is less affordable than the national average.

Is Douglas County growing or shrinking?

Population growth: +2.4% year-over-year. Job growth: +3.2%. Home values changed -2.9% in the past 12 months.

Are people moving to Douglas County?

Yes — 5.18% of Douglas County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Johnson County, TX 14 Solano County, CA 14 Baltimore County, MD 14 Highlands County, FL 14 Camden County, GA 14 Rapides Parish, LA 14 Maury County, TN 14 Lea County, NM 14