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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

Housing Overview

Median Home Value
$53,300
81% below
US avg: $281,900
Median Rent
$435/mo
63% below
US avg: $1,163/mo
Homeownership Rate
84.2%
29% above US avg (65.4%)
Total Housing Units
725
Median year built: 1969

Home Value by Source

Census Median
$53,300
Zillow (ZHVI)
$98,176
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.2%
Owner-Occupied
15.8%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $435/mo

Affordability & Housing Stock

Rent Burden
12.9%
of renters spending 30%+ of income on housing
58% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
84.2%

Complete Housing Data

Home Values

Census Median Value$53,300
Zillow Home Value (ZHVI)$98,176

Rent

Census Median Rent$435
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Ownership & Stock

Owner-Occupied84.2%
Renter-Occupied15.8%
Homeownership Rate84.2%
Total Housing Units725
Median Year Built1969
Rent Burden12.9%