Vail is a very small town located in the state of Colorado. With a population of 4,636 people and three associated neighborhoods, Vail is the 93rd largest community in Colorado.
Vail home prices are not only among the most expensive in Colorado, but Vail real estate also consistently ranks among the most expensive in America.
Of important note, Vail is also a town of artists. Vail has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Vail’s character.
Also of interest is that Vail has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 11.82% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 Vail 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, Vail’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
Despite being a small town, Vail has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
If knowledge is power, Vail is a pretty powerful place. 65.50% of the adults in Vail have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Vail in 2022 was $80,145, which is wealthy relative to Colorado and the nation. This equates to an annual income of $320,580 for a family of four. However, Vail contains both very wealthy and poor people as well.
The people who call Vail home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Vail residents report their race to be White, followed by Asian. Important ancestries of people in Vail include German, Irish, English, Italian, and Greek.
The most common language spoken in Vail is English. Other important languages spoken here include German/Yiddish and Spanish.