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Cedaredge, Colorado

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,398
Population
$47,614
Median Income
$276,700
Home Value
55.8
Median Age

Demographics

Cedaredge has a population of 2,398 with a median age of 55.8. Here is the racial and ethnic breakdown of the population:

White
93.4%
Hispanic
5.7%
Other
0.9%
Demographic Value
Total Population2,398
Median Age55.8
White93.4%
Hispanic or Latino5.7%
Other / Two or More Races0.9%
Cedaredge, Colorado — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.4%Hispanic/Latino: 5.7%Other: 0.9%2,398PopulationWhiteWhite93.4%Hispanic/LatinoHispanic/Latino5.7%OtherOther0.9%

Income & Economy

The median household income in Cedaredge is $47,614, which is 40.9% below the national median of $80,610. The per capita income is $30,143. The poverty rate is 20.6%.

$47,614
Median Household Income
$30,143
Per Capita Income
20.6%
Poverty Rate

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Education

In Cedaredge, 94.4% of residents age 25+ have a high school diploma or higher, and 24.7% hold a bachelor's degree or higher (12.5% with a graduate or professional degree).

HS Diploma+
94.4%
Bachelor's+
24.7%
Graduate+
12.5%
Education Level % of Adults (25+)
High School Diploma or Higher94.4%
Bachelor's Degree or Higher24.7%
Graduate or Professional Degree12.5%

Housing

The median home value in Cedaredge is $276,700, below the national median of $303,400. The median monthly rent is $1,213. The homeownership rate is 73.4%.

$276,700
Median Home Value
$1,213/mo
Median Rent
73.4%
Homeownership Rate
Housing Metric Value
Median Home Value$276,700
Median Monthly Rent$1,213
Homeownership Rate73.4%
Vacancy Rate10.5%

Salaries in Colorado

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Frequently Asked Questions

What is the population of Cedaredge, Colorado?
The population of Cedaredge, Colorado is 2,398 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cedaredge, Colorado?
The median household income in Cedaredge, Colorado is $47,614. This is 40.9% below the national median of $80,610.
What is the median home value in Cedaredge, Colorado?
The median home value in Cedaredge, Colorado is $276,700. The median monthly rent is $1,213.
What percentage of people in Cedaredge have a college degree?
In Cedaredge, Colorado, 24.7% of adults age 25 and older hold a bachelor's degree or higher, and 94.4% have a high school diploma or higher.
Is Cedaredge, Colorado an affordable place to live?
The home price-to-income ratio in Cedaredge, Colorado is 5.8x (median home value $276,700 vs. median income $47,614), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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