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Garfield County, CO

RANK #478 / 1001 NAT  ·  #3 / 15 CO  ·  POP 62,479

1YR FORECAST: +1.1%

5YR OUTLOOK: +28%

Garfield County's housing market is projected to grow +1.1% over the next year, tracking near the national average.

[01] Why Garfield County?

Glenwood Springs, the county seat of Garfield County, Colorado, is known for its natural hot springs, which have attracted visitors for over a century. Located in western Colorado at the confluence of the Roaring Fork and Colorado Rivers, the county is approximately 160 miles west of Denver. Interstate 70 runs through the picturesque Glenwood Canyon, providing access to the area. The community offers a mountain lifestyle with extensive outdoor recreation, including hiking, biking, fishing, kayaking, and skiing, with access to the White River National Forest and Sunlight Mountain Resort.

Life in Garfield County balances outdoor pursuits with community amenities. Public schools in the Garfield School District RE-2 and Garfield School District 16 serve local families. Commute options include the Roaring Fork Transportation Authority (RFTA) bus service, connecting Rifle to Aspen, and Bustang service to Denver. The economy is supported by tourism, natural resource development, and agriculture. Construction and healthcare have seen recent job gains. The county's appeal extends to retirees drawn by the climate, recreation, and open spaces.

MARKET PROFILE

Idiosyncratic Markets

Garfield County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +4.8% YoY, population +0.7%, wages +4.6%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
17.5x

Overvalued relative to economy

Home Prices
+4.8%

Outpacing national median

Climate & Terrain
3.8

Favorable climate & terrain

Price/Rent
17x

Above national median (15x)

Housing looks overvalued at 17.5x — 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] Top Employers

  1. 1
    Government (State and Local) Government
    5,000+
  2. 2
    Valley View Hospital Healthcare
    500+
  3. 3
    Grand River Health Healthcare
  4. 4
    City Market Retail
  5. 5
    Grand River Hospital District Healthcare
    250+
  6. 6
    Colorado Mountain College Education

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Garfield County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
62,479
+0.72% YoY
Median Household Income
$91,131
Median Home Value
$527,800
+4.78% 12mo
Median Rent
$1,637
Average Annual Pay
$67,520
+4.6% YoY
Employment
27,863
+0.3% YoY
Income-to-Home-Value
0.1727
Less affordable than average
Migration Inflow
4.35%
of pop. from another state
Bachelor's Degree+
33.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$630,000
Days on Market
31
Active market
Months of Supply
4.5
Balanced market
Sale-to-List Ratio
97.9%
Negotiation room for buyers
Sold Above List
11.3%
Listings w/ Price Drops
26.9%
Building Permits (2025)
294
Single-Family Permits
201

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.6
per 100K · nat avg 6.3
Firearm Fatalities
16.7
per 100K · nat avg 14.8
Injury Deaths
92.6
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

C+
AIR QUALITY
GRADE
Median AQI (3yr)
50.7
Moderate
Good Air Days
53%
585 of 1,095 days
Unhealthy+ Days (3yr)
16
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
49
2022
49
2023
54
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$82M
TOTAL
PROJECT AMOUNT STATUS
McClure River Ranch PUD
Aspen Polo Partners LLC
$50M Planned
AES High Mesa Solar + Battery Storage
AES High Mesa Solar (AES Clean Energy)
$32M Under Construction

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

[08] Score Breakdown

Population Growth +0.7% 55 percentile
Income Growth +5.8% 95 percentile
Vacancy Rate 0.9% 60 percentile
Home Price Change +4.8% 85 percentile
Rent Growth +2.1% 36 percentile
Price/Rent 17x 35 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Garfield County scores 52/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#478). Median household income is $91,131 and job growth is running at +0.3%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Garfield County affordable?

Garfield County leans toward the expensive side. A median home value of $527,800 against an income-to-home-value ratio of 0.17 means housing eats a bigger share of local earnings than the national norm. Renters face $1,637/month on average.

Is Garfield County growing or shrinking?

Garfield County's population is growing — up +0.7% YoY — while the job market is roughly flat (employment change of +0.3%). Home values shifted +4.8% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Garfield County?

There's a moderate stream of newcomers. About 4.35% of residents moved from another state, which is above average and suggests Garfield County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Mesa County, CO 67 Pueblo County, CO 25 Eagle County, CO 89 La Plata County, CO 12 Weld County, CO 8 El Paso County, CO 6 Hall County, NE 52 Worcester County, MD 52