Colorado City, TX
Full City Profile · Texas · Mitchell County County
Colorado City, TX
At a Glance
How Colorado City Compares to the U.S. Average
Each bar shows Colorado City's value as a percentage of the national average (100% = U.S. avg)
Is Colorado City a Good Place to Live?
Economy & Jobs
Colorado City residents earn a median household income of $48,173 , which is 36% below the national average of $75,149. Per capita income is $23,883. The unemployment rate stands at 8.6% (139% above the U.S. rate of 3.6%). 2.7% of residents live below the poverty line. The area is home to 180 business establishments, including 19 restaurants.
Housing & Cost of Living
The median home value in Colorado City is $61,100 , 78% below the national median of $281,900. Zillow estimates the typical home at $100,526. Median rent is $718/month, with 31.1% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1952.
Education
18.0% of adults in Colorado City hold a bachelor's degree or higher (47% below the national average). 84.2% have completed high school. Local schools score 4.7/10 in standardized testing.
Climate & Weather
Colorado City has an average annual temperature of 64°F (18°C). Winters average 43°F in January while summers reach 84°F in July. Annual precipitation totals 22.0 inches.