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
Housing Overview
Median Home Value
$61,100
78% below
US avg: $281,900
Median Rent
$718/mo
38% below
US avg: $1,163/mo
Homeownership Rate
74.3%
14% above US avg (65.4%)
Total Housing Units
1,808
Median year built: 1952
Home Value by Source
Census Median
$61,100
Zillow (ZHVI)
$100,526
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
74.3%
Owner-Occupied
25.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$892/mo
1 Bedroom
$917/mo
2 Bedroom
$1,147/mo
3 Bedroom
$1,375/mo
4 Bedroom
$1,688/mo
Census median rent:
$718/mo
Affordability & Housing Stock
Rent Burden
31.1%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
74.3%
Complete Housing Data
Home Values
| Census Median Value | $61,100 |
| Zillow Home Value (ZHVI) | $100,526 |
Rent
| Census Median Rent | $718 |
| FMR Studio | $892 |
| FMR 1-Bedroom | $917 |
| FMR 2-Bedroom | $1,147 |
| FMR 3-Bedroom | $1,375 |
| FMR 4-Bedroom | $1,688 |
Market
Ownership & Stock
| Owner-Occupied | 74.3% |
| Renter-Occupied | 25.7% |
| Homeownership Rate | 74.3% |
| Total Housing Units | 1,808 |
| Median Year Built | 1952 |
| Rent Burden | 31.1% |