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CITY

Lake Colorado City

Texas · 980 residents · 7.758 sq mi
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The short version

Lake Colorado City has notably lower household income than the US average, with a median household income of $54,074. Population has held roughly steady since 2023. 11% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $57,600. With a median age of 49.5, the population is older than the US median of 38.9. Households here earn about 31% less than the Texas median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 49.5
US median: 38.9
Less educated
11% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
980
−2%since 2023
from 1,001 in 2023
2010 – 2024
Population density
126 / sq mi
−2%since 2023
from 129 / sq mi in 2023
US average: 281
Median age
49.5
−5%since 2023
from 52.3 in 2023
US average: 38.9
Population, 2010 – 2024
3645387128851K201020202024Lake Colorado City
2024980
201020202024
Section 02

Income & economy

Median household income
$54,074
−3%inflation adjusted, since 2023
from $54,286 in 2023
US average: $82,259
2010 – 2024
Per capita income
$37,845
+5%since 2023
from $35,898 in 2023
US average: $44,673
Households earning $100K+
30.7%
−4.0 ptssince 2023
from 34.7% in 2023
US average: 53.3%
Poverty rate
11.4%
−14.2 ptssince 2023
from 25.7% in 2023
US average: 12.5%
Income inequality (Gini)
0.475
−9%since 2023
from 0.520 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade17.7%
US avg: 9.9%
Information15%
US avg: 10.8%
Agriculture, forestry, fishing14%
US avg: 1.6%
Manufacturing14%
US avg: 0.4%
Finance & insurance12.9%
US avg: 5.9%
Professional, scientific, technical12.9%
US avg: 5.1%
Other services1.9%
US avg: 6.7%
Public administration1.9%
US avg: 4.8%
Wholesale trade1.1%
US avg: 6.9%
Construction0%
US avg: 1.2%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$57,600
+5%inflation adjusted, since 2023
from $53,300 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$617
+38%inflation adjusted, since 2023
from $435 in 2023
US average: $1,442
Owner-occupied
79.9%
−4.2 ptssince 2023
from 84.2% in 2023
20.1% rent
Vacancy rate
39.0%
−13.1 ptssince 2023
from 52.1% in 2023
US average: 10.0%
Owner cost-burdened
9.5%
−6.7 ptssince 2023
from 16.2% in 2023
US average: 22.9%
Renter cost-burdened
5.7%
−1.1 ptssince 2023
from 6.9% in 2023
US average: 47.4%
Afford Score
1.1
+8%since 2023
from 1.0 in 2023
2010 – 2024
Gentrification Score
42
RELATED:See current rent listings in Lake Colorado City on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic65.4%(655)
Black0%(0)
Hispanic / Latino22.5%(225)
Asian0.9%(9)
Other11.2%(112)
Diversity Score63.6%(637)
2024
White, non-Hispanic54%(529)
Black0%(0)
Hispanic / Latino35.3%(346)
Asian0.7%(7)
Other10%(98)
Diversity Score71.7%(703)
Diversity Score
72
+13%since 2023
from 64 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
10.9%
−0.7 ptssince 2023
from 11.5% in 2023
US average: 35.6%
High school or higher
88.0%
+16.0 ptssince 2023
from 72.1% in 2023
US average: 89.6%
Graduate degree
3.5%
+0.1 ptssince 2023
from 3.4% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
31.1 min
+40%since 2023
from 22.2 min in 2023
US average: 26.5
Drive alone to work
72.8%
+4.6 ptssince 2023
from 68.2% in 2023
US average: 68.9%
Carpooled to work
11.3%
−10.0 ptssince 2023
from 21.3% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
8.8%
+4.9 ptssince 2023
from 3.9% in 2023
US average: 15.0%
Walked to work
7.1%
+0.5 ptssince 2023
from 6.6% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
7.2%
+0.3 ptssince 2023
from 6.8% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.6%
+1.3 ptssince 2023
from 2.3% in 2023
US average: 5.2%
Labor force participation
62.9%
−4.3 ptssince 2023
from 67.2% in 2023
US average: 63.5%
Self-employed
3.2%
−0.3 ptssince 2023
from 3.4% in 2023
US average: 13.1%
Management & professional
11.0%
−2.1 ptssince 2023
from 13.0% in 2023
US average: 42.5%
Section 08

People & community

Male
60.0%
−4.4 ptssince 2023
from 64.4% in 2023
Female
40.0%
+4.4 ptssince 2023
from 35.6% in 2023
Foreign born
0.4%
−0.5 ptssince 2023
from 0.9% in 2023
US average: 14.1%
Veterans
7.6%
−0.5 ptssince 2023
from 8.1% in 2023
US average: 6.2%
With a disability
16.8%
−2.5 ptssince 2023
from 19.3% in 2023
US average: 13.3%
Uninsured
30.3%
−14.7 ptssince 2023
from 45.0% in 2023
US average: 8.4%
Broadband at home
74.6%
+3.8 ptssince 2023
from 70.8% in 2023
US average: 91.0%
English only at home
85.1%
−6.8 ptssince 2023
from 91.9% in 2023
US average: 77.7%
Spanish at home
14.5%
+7.3 ptssince 2023
from 7.2% in 2023
US average: 13.6%
Drill deeper

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Frequently asked

How many people live in Lake Colorado City, Texas?

Lake Colorado City, Texas has about 980 residents according to the 2024 American Community Survey.

What is the median household income in Lake Colorado City, Texas?

The typical household in Lake Colorado City, Texas earns about $54,074 a year. Half of households make more than that, and half make less.

Is Lake Colorado City, Texas expensive?

In Lake Colorado City, Texas, the median home is worth about $57,600, and the typical rent is about $617 a month.

How educated are people in Lake Colorado City, Texas?

About 10.9% of adults age 25 and over in Lake Colorado City, Texas hold a bachelor's degree or higher.

What is the poverty rate in Lake Colorado City, Texas?

About 11.4% of people in Lake Colorado City, Texas live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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