Cañon City, CO
Population 17,098 · Colorado
About Cañon City, CO
Cañon City is a mid-sized city located in Colorado with a population of 17,098 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,068 per year, which is 12% below the national median of $75,149. The median age of 46 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cañon City features a median home value of $275,300, which is 12% above the national median of $244,900. This positions Cañon City in a moderately priced market relative to the rest of the country. Median monthly rent is $931, 20% below the national average of $1,163/month. Of the 7,836 total housing units, 70% are owner-occupied (5,048 units) and 30% are renter-occupied (2,151 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cañon City shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 13.1%, above the national average of 12.4%. Workers in Cañon City have an average one-way commute time of 18.6 minutes, one of the shorter commutes in the region.
Education & Demographics
27.3% of Cañon City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.3% White, 2.1% Hispanic or Latino, 0.3% Black or African American, and 9.2% Asian residents, with 1.2% of the population being foreign-born.
How Cañon City Ranks in Colorado
Cost of Living in Cañon City, CO
Compared to national averages, Cañon City has a median household income of $66,068 (12% below the national median of $75,149). Home values average $275,300, which is 12% above the national median. Monthly rent at $931 is 20% below the US average of $1,163. Within Colorado, Cañon City's income is 25% below the state average of $88,514, and home values are 40% below the state median of $457,127.
Why Live in Cañon City, CO?
Cañon City offers rent that’s lower than the national average at $931/month, and short commute times averaging just 18.6 minutes.
Potential considerations include median household income ($66,068) that falls below the national average. However, Cañon City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cañon City has a population of 17,098 with a median age of 46 years. Compare Cañon City with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Cañon City
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Firestone | 17,353 | $114,591 | $511,800 | Compare |
| Welby | 16,232 | $78,375 | $347,700 | Compare |
| Johnstown | 18,075 | $130,851 | $493,500 | Compare |
| Frederick | 15,893 | $135,316 | $529,800 | Compare |
| Fort Carson | 18,447 | $61,783 | $0 | Compare |
| Greenwood Village | 15,485 | $145,781 | $1,213,300 | Compare |
| Cimarron Hills | 18,808 | $75,853 | $333,300 | Compare |
| Durango | 19,257 | $79,545 | $609,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cañon City With Other Cities
Frequently Asked Questions about Cañon City
What is the population of Cañon City, CO?
The population of Cañon City, CO is 17,098 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Colorado.
What is the median household income in Cañon City?
The median household income in Cañon City, CO is $66,068 per year, which is 12% below the national median of $75,149.
What is the median home value in Cañon City?
The median home value in Cañon City, CO is $275,300, which is 12% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cañon City?
The median monthly rent in Cañon City, CO is $931, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Cañon City?
The unemployment rate in Cañon City, CO is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cañon City, CO a good place to live?
Cañon City offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 17,098 and a median age of 46, the city appeals to established professionals and retirees.
How educated is Cañon City, CO?
27.3% of residents in Cañon 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 Cañon City?
Key cost-of-living indicators for Cañon City, CO: median home value is $275,300 (12% above national), median rent is $931/month, and median household income is $66,068. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Cañon City?
The poverty rate in Cañon City, CO is 13.1%, 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 Cañon City, CO?
Cañon City's population is 2.3% White, 2.1% Hispanic or Latino, 0.3% Black or African American, 9.2% Asian, and 1.1% two or more races. 1.2% of residents are foreign-born.