What is the median household income in Colorado City, TX?
The median household income in Colorado City, TX is $53,448 (±$10,924) a year (2020–2024 American Community Survey).
In Colorado City, the median household income went from $42,408 in 2015–2019 to $53,448 in 2020–2024 (+26.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $53,448 (±$10,924)
- Median renter income
- $27,015 (±$5,481)
Income in Colorado City against Mitchell County, its state and the nation
| Colorado City | Mitchell County | Texas | United States | |
|---|---|---|---|---|
| Median household income | $53,448 (±$10,924) | $60,550 (±$10,400) | $78,476 (±$263) | $80,734 |
| Median renter household income | $27,015 (±$5,481) | $32,333 (±$17,081) | $53,222 (±$285) | $52,966 |
| Median owner household income | $60,603 (±$13,975) | $72,976 (±$8,940) | $100,555 (±$369) | $100,009 |
| Median gross rent | — | $524 (±$388) | $1,403 (±$4) | $1,413 |
In Colorado City, median household income is not measurably different from Mitchell County ($60,550).
It is also lower than in Texas ($78,476).
It is lower than the national figure ($80,734).
Statewide, it ranks 991 of 1,374.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $42,408 (±$11,072) | $53,448 (±$10,924) | +26.0% | No measurable change after inflation |
| Median home value | $65,200 (±$6,684) | $69,500 (±$17,339) | +6.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Colorado City
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Colorado City | — | $53,448 (±$10,924) | — |
| Loraine | 8.5 mi | $41,838 (±$22,129) | Not measurably different |
| Roscoe | 19 mi | $56,326 (±$12,971) | Not measurably different |
| Snyder | 22 mi | $57,902 (±$5,809) | Not measurably different |
| Sweetwater | 27 mi | $44,892 (±$3,911) | Not measurably different |
| Coahoma | 27 mi | $68,828 (±$15,247) | Not measurably different |
| Forsan | 36 mi | $92,950 (±$24,082) | Higher |
| Roby | 37 mi | $59,758 (±$7,161) | Not measurably different |
| Blackwell | 38 mi | $74,219 (±$47,000) | Not measurably different |
Nearby places with a measurably higher figure: Forsan, TX ($92,950).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Colorado City
What is the median household income in Colorado City?
The median household income in Colorado City is $53,448 (±$10,924) a year (2020–2024 American Community Survey).
Have incomes in Colorado City kept up with inflation?
In Colorado City, the median household income went from $42,408 in 2015–2019 to $53,448 in 2020–2024 (+26.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Colorado City?
The median renting household in Colorado City, TX earns $27,015 (±$5,481) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Colorado City city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Colorado City city, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Colorado City city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Colorado City city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Colorado City city, Texas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Colorado City city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Colorado City city, Texas (place:16120, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Colorado City at a glance
- Renters and owners in Colorado City
- Home values in Colorado City
- Homeowner costs in Colorado City
- Property taxes in Colorado City
- Types of homes in Colorado City
- Bedrooms in Colorado City
- Age of homes in Colorado City
- Heating fuel in Colorado City
- Commute and cars in Colorado City
- Crime reported to police in Colorado City
- Population growth in Colorado City
- How long people stay in Colorado City
- Texas landlord and tenant rules
- Housing across Mitchell County
- Texas places ranked by median household income
- Housing data for every place in Texas