The Town of Elizabeth is largely influenced by its close proximity to the surrounding communities of Douglas County, Parker, Castle Rock and Metro-Denver. The majority of residents who live in Elbert County, approximately 80% of the population, live in Elizabeth. Home options in Elizabeth are not nearly as vast as those in nearby communities but there are some subdivisions dotting the countryside between Spring Valley Golf Course and old farm lots. The overall culture of hardworking ranches still remains mainly unchanged today.

Many homeowners in Elizabeth find the drive to Denver to be convenient for work and entertainment which strongly illustrates the close ties this area has to surrounding Front Range communities. The primary access in and out of the city is done via Highway 86 which runs directionally east and west.

The Town is Elizabeth has been recognized by the National Arbor Day Foundation as Tree City USA for its uniquely wooded pine forest. The downtown area of Elizabeth features many restored Victorian homes, antique shops, toy stores and vintage clothing stores on its Main Street. Residents can also enjoy outdoor recreational activities in Castlewood Canyon State Park which located in the Black Forest like hiking, biking, camping, horseback riding, and rock climbing.

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