ZIP Code 81062 — Olney Springs town, CO Demographics & Data

ZIP code 81062 covers Olney Springs, CO in Crowley County with a population of about 1,818.

At a glance, the area shows median age of 37.8 (near the U.S. median).

It sits in telephone area code 719; U.S. House district CO-4; the COLORADO SPRINGS - PUEBLO media market.

Olney Springs, CO is tagged as a Tribal Nation community context (place names indicate a tribal nation community). Local search often includes tribal government offices, public safety, and Indian Health Service (IHS) / wellness topics alongside standard ZIP demographics.

Median household income in ZIP 81062 is about $46,518 — about 38% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 20.9%; unemployment rate near 2.9%; 7.9% of adults with a bachelor’s degree or higher (about 25.8 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Construction, Healthcare, and Manufacturing; about 14.8% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $133,000 — about 62% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $738 (about 37% below the U.S. median rent ($1,163)), and owner-occupancy near 64.1% (about 1.3 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 81062 in Olney Springs, CO, a household would need roughly $37,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $854. That sits below the local median household income ($46,518), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Olney Springs town, CO as Very Low (composite score 3.9), which is relatively lower than many U.S. communities. The strongest component scores on US5 are wildfire (62.7) and flood (6.4). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Olney Springs town, CO show little to no average snow and around 12.1 inches of annual precipitation.

IRS migration statistics show a net inflow of about 83 for ZIP 81062 (Olney Springs town, CO) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.