Cheraw, CO
Full City Profile · Colorado · Crowley County County
Cheraw, CO
At a Glance
How Cheraw Compares to the U.S. Average
Each bar shows Cheraw's value as a percentage of the national average (100% = U.S. avg)
Is Cheraw a Good Place to Live?
Economy & Jobs
Cheraw residents earn a median household income of $38,542 , which is 49% below the national average of $75,149. Per capita income is $26,309. The unemployment rate stands at 7.1% (97% above the U.S. rate of 3.6%). 12.0% of residents live below the poverty line. The area is home to 76 business establishments, including 48 restaurants.
Housing & Cost of Living
The median home value in Cheraw is $97,900 , 65% below the national median of $281,900. Zillow estimates the typical home at $156,866. Median rent is $1,022/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 103.1 (100 = national average). The median home was built in 1955.
Education
10.6% of adults in Cheraw hold a bachelor's degree or higher (69% below the national average). 95.6% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Cheraw has an average annual temperature of 55°F (13°C). Winters average 32°F in January while summers reach 79°F in July. Annual precipitation totals 11.3 inches.