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CENSUS TRACT

Census Tract 4.02

Colorado · Chaffee County · 3,988 residents · 177.653 sq mi
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4.02
TRACT SHAPE · Chaffee County, CO
The short version

Census Tract 4.02 has lower-than-average household income, with a median household income of $61,796. Population has fallen 23% since 2020, a loss of 1,174 residents. Median home value has risen by half since 2020, reaching $594,800. Households here earn about 27% less than the Chaffee County median.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 39.9
US median: 38.9
Less educated
29% hold a bachelor's degree
US average: 36%
Less affordable
home values up 45%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,988
−23%since 2020
from 5,162 in 2020
2020 – 2024
Population density
22 / sq mi
−23%since 2020
from 29 / sq mi in 2020
US average: 281
Median age
39.9
+1%since 2020
from 39.7 in 2020
US average: 38.9
Population, 20202024
4K4K5K5K5K20202024Census Tract 4.02
20244K
20202024
Section 02

Income & economy

Median household income
$61,796
−3%inflation adjusted, since 2020
from $52,415 in 2020
US average: $82,259
2020 – 2024
Per capita income
$31,193
+38%since 2020
from $22,560 in 2020
US average: $44,673
Households earning $100K+
37.4%
+8.4 ptssince 2020
from 29.0% in 2020
US average: 53.3%
Poverty rate
7.3%
−1.0 ptssince 2020
from 8.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.452
+22%since 2020
from 0.372 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade13.5%
US avg: 6.9%
Information9.2%
US avg: 10.8%
Retail trade7.8%
US avg: 9.9%
Finance & insurance7.5%
US avg: 5.9%
Professional, scientific, technical7.5%
US avg: 5.1%
Other services7.2%
US avg: 6.7%
Public administration3.1%
US avg: 4.8%
Transportation & warehousing2.1%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
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
$594,800
+45%inflation adjusted, since 2020
from $338,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,744
+11%inflation adjusted, since 2020
from $1,294 in 2020
US average: $1,442
Owner-occupied
66.5%
+18.8 ptssince 2020
from 47.7% in 2020
33.5% rent
Vacancy rate
11.1%
−8.5 ptssince 2020
from 19.6% in 2020
US average: 10.0%
Owner cost-burdened
43.7%
+33.3 ptssince 2020
from 10.4% in 2020
US average: 22.9%
Renter cost-burdened
52.6%
+0.1 ptssince 2020
from 52.4% in 2020
US average: 47.4%
Afford Score
9.6
+49%since 2020
from 6.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 4.02 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic77.2%(3,983)
Black7.8%(404)
Hispanic / Latino11.8%(608)
Asian0%(0)
Other3.2%(167)
Diversity Score47.9%(2,475)
2024
White, non-Hispanic77.4%(3,086)
Black6.1%(243)
Hispanic / Latino13.4%(534)
Asian0%(0)
Other3.1%(125)
Diversity Score47.3%(1,887)
Diversity Score
47
−1%since 2020
from 48 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
29.3%
+4.9 ptssince 2020
from 24.4% in 2020
US average: 35.6%
High school or higher
86.6%
−7.0 ptssince 2020
from 93.6% in 2020
US average: 89.6%
Graduate degree
11.3%
−0.1 ptssince 2020
from 11.3% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.6 min
+38%since 2020
from 14.2 min in 2020
US average: 26.5
Drive alone to work
67.5%
−6.9 ptssince 2020
from 74.5% in 2020
US average: 68.9%
Carpooled to work
9.0%
+0.3 ptssince 2020
from 8.7% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
19.5%
+9.8 ptssince 2020
from 9.7% in 2020
US average: 15.0%
Walked to work
0.4%
−2.1 ptssince 2020
from 2.5% in 2020
US average: 2.4%
Biked to work
3.7%
−1.0 ptssince 2020
from 4.7% in 2020
US average: 0.4%
No vehicle available
4.3%
−7.8 ptssince 2020
from 12.1% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.1%
+6.5 ptssince 2020
from 0.5% in 2020
US average: 5.2%
Labor force participation
46.0%
−4.0 ptssince 2020
from 50.0% in 2020
US average: 63.5%
Self-employed
15.0%
+3.8 ptssince 2020
from 11.2% in 2020
US average: 13.1%
Management & professional
42.4%
+19.3 ptssince 2020
from 23.1% in 2020
US average: 42.5%
Section 08

People & community

Male
67.4%
+5.2 ptssince 2020
from 62.2% in 2020
Female
32.6%
−5.2 ptssince 2020
from 37.8% in 2020
Foreign born
4.3%
−3.0 ptssince 2020
from 7.4% in 2020
US average: 14.1%
Veterans
3.2%
−7.3 ptssince 2020
from 10.4% in 2020
US average: 6.2%
With a disability
10.6%
−8.8 ptssince 2020
from 19.4% in 2020
US average: 13.3%
Uninsured
10.0%
−9.6 ptssince 2020
from 19.6% in 2020
US average: 8.4%
Broadband at home
83.9%
+1.0 ptssince 2020
from 82.9% in 2020
US average: 91.0%
English only at home
91.1%
+0.6 ptssince 2020
from 90.5% in 2020
US average: 77.7%
Spanish at home
8.1%
+3.6 ptssince 2020
from 4.5% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 3,988 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $61,796 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $594,800, and the typical rent is about $1,744 a month.

How educated are people in this census tract?

About 29.3% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 7.3% of people in this census tract 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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