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Lake Colorado City, Texas

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
980
Population
$54,074
Median Income
$57,600
Home Value
49.5
Median Age

Demographics

Lake Colorado City has a population of 980 with a median age of 49.5. Here is the racial and ethnic breakdown of the population:

White
71.7%
Hispanic
35.3%
Black
2.4%
Asian
0.7%
Demographic Value
Total Population980
Median Age49.5
White71.7%
Black or African American2.4%
Asian0.7%
Hispanic or Latino35.3%
Lake Colorado City, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 110.White: 65.1%Hispanic/Latino: 32.1%Black: 2.2%Other: 0.6%980PopulationWhiteWhite65.1%Hispanic/LatinoHispanic/Latino32.1%BlackBlack2.2%OtherOther0.6%

Income & Economy

The median household income in Lake Colorado City is $54,074, which is 32.9% below the national median of $80,610. The per capita income is $37,845. The poverty rate is 11.4%.

$54,074
Median Household Income
$37,845
Per Capita Income
11.4%
Poverty Rate

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Education

In Lake Colorado City, 88.0% of residents age 25+ have a high school diploma or higher, and 10.9% hold a bachelor's degree or higher (3.5% with a graduate or professional degree).

HS Diploma+
88.0%
Bachelor's+
10.9%
Graduate+
3.5%
Education Level % of Adults (25+)
High School Diploma or Higher88.0%
Bachelor's Degree or Higher10.9%
Graduate or Professional Degree3.5%

Housing

The median home value in Lake Colorado City is $57,600, below the national median of $303,400. The median monthly rent is $617. The homeownership rate is 79.9%.

$57,600
Median Home Value
$617/mo
Median Rent
79.9%
Homeownership Rate
Housing Metric Value
Median Home Value$57,600
Median Monthly Rent$617
Homeownership Rate79.9%
Vacancy Rate39.0%

Salaries in Texas

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Frequently Asked Questions

What is the population of Lake Colorado City, Texas?
The population of Lake Colorado City, Texas is 980 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Colorado City, Texas?
The median household income in Lake Colorado City, Texas is $54,074. This is 32.9% below the national median of $80,610.
What is the median home value in Lake Colorado City, Texas?
The median home value in Lake Colorado City, Texas is $57,600. The median monthly rent is $617.
What percentage of people in Lake Colorado City have a college degree?
In Lake Colorado City, Texas, 10.9% of adults age 25 and older hold a bachelor's degree or higher, and 88.0% have a high school diploma or higher.
Is Lake Colorado City, Texas an affordable place to live?
The home price-to-income ratio in Lake Colorado City, Texas is 1.1x (median home value $57,600 vs. median income $54,074), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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