Colorado City, AZ
Population 2,598 · Arizona
About Colorado City, AZ
Colorado City is a small town located in Arizona with a population of 2,598 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,234 per year, which is 0% above the national median of $75,149. The median age of 20.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Colorado City features a median home value of $0, which is 100% below the national median of $244,900. This makes Colorado City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 493 total housing units, 53% are owner-occupied (233 units) and 47% are renter-occupied (208 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Colorado City shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 29.4%, above the national average of 12.4%. Workers in Colorado City have an average one-way commute time of 20.1 minutes.
Education & Demographics
13.7% of Colorado City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Colorado City, AZ
Compared to national averages, Colorado City has a median household income of $75,234 (0% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arizona, Colorado City's income is 21% above the state average of $62,086, and home values are 100% below the state median of $237,048.
Why Live in Colorado City, AZ?
Colorado City offers a strong local economy with a median household income of $75,234, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features short commute times averaging just 20.1 minutes.
Colorado City has a population of 2,598 with a median age of 20.4 years. Compare Colorado City with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Colorado City
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mohave Valley | 2,585 | $77,547 | $236,900 | Compare |
| Central Heights-Midland City | 2,678 | $75,347 | $123,400 | Compare |
| White Mountain Lake | 2,678 | $47,661 | $163,700 | Compare |
| Star Valley | 2,517 | $66,075 | $0 | Compare |
| Superior | 2,470 | $42,050 | $136,700 | Compare |
| Wellton | 2,470 | $51,938 | $82,900 | Compare |
| Bagdad | 2,757 | $98,641 | $0 | Compare |
| Window Rock | 2,384 | $44,918 | $82,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Colorado City With Other Cities
Frequently Asked Questions about Colorado City
What is the population of Colorado City, AZ?
The population of Colorado City, AZ is 2,598 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Arizona.
What is the median household income in Colorado City?
The median household income in Colorado City, AZ is $75,234 per year, which is 0% above the national median of $75,149.
What is the median home value in Colorado City?
The median home value in Colorado City, AZ is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Colorado City?
The median monthly rent in Colorado City, AZ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Colorado City?
The unemployment rate in Colorado City, AZ is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Colorado City, AZ a good place to live?
Colorado City offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 2,598 and a median age of 20.4, the city appeals to young professionals and families.
How educated is Colorado City, AZ?
13.7% of residents in Colorado City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Colorado City?
Key cost-of-living indicators for Colorado City, AZ: median home value is $0 (100% below national), median rent is $0/month, and median household income is $75,234. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Colorado City?
The poverty rate in Colorado City, AZ is 29.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Colorado City, AZ?
Colorado City's population is 0.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.