Colorado City, TX
Full City Profile · Texas · Mitchell County County
3.5
/5.0
B+
Good
3,973
Population
745/sq mi density
$48,173
Median Income
$23,883 per capita
$61,100
Home Value
$100,526 Zillow
$718
Median Rent
31.1% income on rent
64°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$48,173 median income, 8.6% unemployment
A+
Affordability
5.0 / 5.0
$61,100 home value, $718/mo rent
C
Education
2.4 / 5.0
18.0% bachelor's degree or higher
Income Overview
Median Household Income
$48,173
36% below
US avg: $75,149
Per Capita Income
$23,883
39% below
US avg: $39,052
Unemployment Rate
8.6%
139% above
US avg: 3.6%
Poverty Rate
2.7%
78% below
US avg: 12.4%
Income Comparison: Colorado City vs. U.S. Average
Each bar shows Colorado City’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$48,173
64%
Per Capita
US: $39,052
$23,883
61%
IRS Avg AGI
US: $72,000
$71,449
99%
Avg Weekly Wage
US: $1,432
$1,116
78%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,116
22% below US avg ($1,432)
Mean Commute Time
18 min
34% below US avg (28 min)
Work From Home
2.8%
82% below US avg (15.2%)
Drive Alone
85.1%
16% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$468M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
85.1%
Public Transit
0%
Work From Home
2.8%
Other
12.1%
Average commute time
18 minutes
US avg: 28 min
Business Landscape
Total Establishments
180
Restaurants
19
Healthcare
5
Retail
25
Manufacturing
3
Tax & Financial
IRS Avg Adjusted Gross Income
$71,449
1% below US avg ($72,000)
Avg Property Tax
$5,600
60% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $48,173 |
| Per Capita Income | $23,883 |
| IRS Avg Adjusted Gross Income | $71,449 |
| Avg Weekly Wage | $1,116 |
| County GDP | $468M |
Hardship Indicators
| Unemployment Rate | 8.6% |
| Poverty Rate | 2.7% |
| Gini Coefficient | 0.464 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 18 minutes |
| Drive Alone | 85.1% |
| Public Transit | 0.0% |
| Work From Home | 2.8% |
Businesses
| Total Establishments | 180 |
| Restaurants | 19 |
| Healthcare | 5 |
| Retail | 25 |
| Manufacturing | 3 |
Tax
| IRS Avg AGI | $71,449 |
| Avg Property Tax | $5,600 |