Pagosa Springs is a very small town located in the state of Colorado. With a population of 1,720 people and four associated neighborhoods, Pagosa Springs is the 156th largest community in Colorado.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.05% 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.

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 17.43 minutes getting to work every day.

The citizens of Pagosa Springs are slightly better educated than the national average of 21.84% for all cities and towns, with 21.71% of adults in Pagosa Springs having a bachelor's degree or advanced degree.

The per capita income in Pagosa Springs in 2022 was $19,757, which is low income relative to Colorado and the nation. This equates to an annual income of $79,028 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 47.78% 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 American. Important ancestries of people in Pagosa Springs include German, English, Scottish, Irish, and Russian.

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