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Lake Colorado City, TX
Full City Profile · Texas · Mitchell County County
3.0
/5.0
B
Good
1,001
Population
129/sq mi density
$54,286
Median Income
$35,898 per capita
$53,300
Home Value
$98,176 Zillow
$435
Median Rent
12.9% income on rent
64°F
Avg Temperature
328 sunny days/yr
534
Violent Crime/100K
3,738 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$54,286 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$53,300 home value, $435/mo rent
F
Safety
1.0 / 5.0
534 violent crimes/100K (41% above avg)
D
Education
1.9 / 5.0
11.5% bachelor's degree or higher
Income Overview
Median Household Income
$54,286
28% below
US avg: $75,149
Per Capita Income
$35,898
8% below
US avg: $39,052
Unemployment Rate
1.5%
58% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Lake Colorado City vs. U.S. Average
Each bar shows Lake Colorado City’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$54,286
72%
Per Capita
US: $39,052
$35,898
92%
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
22 min
20% below US avg (28 min)
Work From Home
3.9%
74% below US avg (15.2%)
Drive Alone
68.2%
7% below 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
68.2%
Public Transit
0%
Work From Home
3.9%
Other
27.9%
Average commute time
22 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 | $54,286 |
| Per Capita Income | $35,898 |
| IRS Avg Adjusted Gross Income | $71,449 |
| Avg Weekly Wage | $1,116 |
| County GDP | $468M |
Hardship Indicators
| Unemployment Rate | 1.5% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.464 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 68.2% |
| Public Transit | 0.0% |
| Work From Home | 3.9% |
Businesses
| Total Establishments | 180 |
| Restaurants | 19 |
| Healthcare | 5 |
| Retail | 25 |
| Manufacturing | 3 |
Tax
| IRS Avg AGI | $71,449 |
| Avg Property Tax | $5,600 |