Neighborhood Guide

Russellville

Elizabeth, CO 80107

Data Verified: Jul 4, 2026

About this Area

Russellville, nestled in the heart of Elizabeth, Colorado, exudes a timeless charm that blends rural tranquility with modern suburban convenience. Established in the late 1800s as a farming and ranching community, Russellville retains its historic roots while evolving into a sought-after residential enclave. The neighborhood’s wide, tree-lined streets are dotted with mature cottonwoods and elms, casting dappled shadows over well-maintained homes that range from charming farmhouses to contemporary ranch-style residences. A strong sense of community thrives here, fostered by annual events like the Russellville Harvest Festival, which celebrates local agriculture and heritage. Residents enjoy a peaceful, slow-paced lifestyle, yet remain just minutes from Elizabeth’s growing amenities, making it an ideal retreat for families and professionals alike.

Russellville’s real estate market is characterized by spacious lots and a diverse array of architectural styles, from classic Victorian and Craftsman homes to sprawling modern farmhouses and custom-built estates. The median home value in Russellville stands at $663,900, reflecting the neighborhood’s desirability and the premium placed on its serene, semi-rural setting. Lot sizes typically range from 1 to 5 acres, offering ample privacy and space for gardens, livestock, or future expansions. Many properties feature wrap-around porches, detached workshops, and expansive backyards, catering to both practical needs and leisurely lifestyles. The market is competitive yet balanced, with a healthy turnover rate and a mix of historic charm and contemporary updates drawing buyers from across the Denver metro area.

Russellville residents enjoy access to a variety of local amenities that cater to both everyday needs and recreational pursuits. The neighborhood is within walking distance of the Russellville Community Park, a 10-acre green space featuring playgrounds, picnic areas, and walking trails that wind through natural landscapes. For shopping and dining, the historic downtown Elizabeth is just a short drive away, offering boutique stores, cozy cafes, and locally owned restaurants like The Wild Goose Coffee and Elizabeth Station Brewery. Families benefit from proximity to Elizabeth High School, known for its strong academic programs and competitive sports teams, as well as smaller private and charter schools. Additionally, the neighborhood is close to the Elizabeth Community Library, which provides educational resources and hosts community events, further enhancing its appeal.

Russellville stands out as a premier choice for homebuyers seeking a harmonious blend of rural charm and suburban convenience, with a median household income of $137,886 supporting its economic stability. The neighborhood’s proximity to Elizabeth’s expanding job market, including major employers like Lockheed Martin and local healthcare facilities, ensures convenient commutes to Denver and Colorado Springs, typically ranging from 30 to 45 minutes via Highway 86 or I-25. Its low crime rates, top-rated schools, and tight-knit community foster a high quality of life, making it particularly attractive to families, remote workers, and retirees. With a density of approximately 3,500 residents, Russellville offers a peaceful yet connected lifestyle, where neighbors know each other by name and the pace of life is dictated by the seasons rather than the clock. Whether you’re drawn to its historic roots, spacious properties, or vibrant community spirit, Russellville promises a fulfilling and enriching place to call home.

Homendo Valuation Index
Quality of Life 90
Environment 81
Education 88
Safety 94
Demographics
Population
14,976
Density
3,500
Median Age
41.9
Income
$137,886
StatisticZipCityCountyStateUSA
Population 14,976 1,69427,1525,810,774332,387,540
Median Age 41.9 32.544.837.538.7
People per Household 2.91 2.892.812.452.54
Median Household Income $137,886 $110,227$129,477$92,470$78,538
Avg Income per Capita $57,392 $39,508$57,481$50,489$43,289
Real Estate Market
Median Value
$663,900
Median Rent
$1,538
Available
276
MetricZipCityCountyStateUSA
Median Sale Price$663,900$444,000$664,600$502,200$303,400
Median Age of Home2931293845
Homes Owned92.4%84.6%89.5%60.6%58.2%
Homes Rented3.1%11.1%5.3%30.8%31.3%
Homes Vacant4.5%4.3%5.3%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index147.5147.5147.5147.5100.0
Commute Time (min)43.440.741.625.526.6
Work from Home18.4%10.8%19.0%18.8%13.5%
Climate
Jan Low
20.1°
July High
85.8°
Rain
19.3"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)20.120.120.120.120.1
July Avg High (°F)85.885.885.885.885.8
Annual Precip (in)19.319.319.319.319.3
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Russellville

Russellville is an affluent community with above-average earning potential located in Elizabeth. The neighborhood is characterized by a very high stability rate, with 92.4% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area attracts a diverse age group (Median Age: 41.9), creating a unique community atmosphere. With a median household income of $137,886, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Russellville is currently active. The median home value stands at $663,900, reflecting the desirability of the Elizabeth area. For investors or those looking to lease, the median rent is approximately $1,538.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 4.5%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Russellville holds a Homendo Safety Score of 94 and an Environmental Quality Score of 81. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Elizabeth region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Russellville is rated at 88 on the Homendo Index. Located within the Elbert County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
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WalkScore™
Walk
Car-Dependent
0
Bike
Somewhat Bikeable
11
School Ratings

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