Cascade-Chipita Park, CO
Population 1,158 · Colorado
About Cascade-Chipita Park, CO
Cascade-Chipita Park is a small town located in Colorado with a population of 1,158 residents according to the latest US Census Bureau American Community Survey data. The median household income is $115,357 per year, which is 54% above the national median of $75,149. The median age of 56.2 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 Cascade-Chipita Park features a median home value of $550,700, which is 125% above the national median of $244,900. This places Cascade-Chipita Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,594, 37% above the national average of $1,163/month. Of the 733 total housing units, 91% are owner-occupied (465 units) and 9% are renter-occupied (45 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cascade-Chipita Park shows an unemployment rate of 11.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cascade-Chipita Park have an average one-way commute time of 42.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
51.6% of Cascade-Chipita Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 5.5% White, 0.8% Hispanic or Latino, 0.1% Black or African American, and 3.8% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Cascade-Chipita Park, CO
Compared to national averages, Cascade-Chipita Park has a median household income of $115,357 (54% above the national median of $75,149). Home values average $550,700, which is 125% above the national median. Monthly rent at $1,594 is 37% above the US average of $1,163. Within Colorado, Cascade-Chipita Park's income is 30% above the state average of $88,514, and home values are 20% above the state median of $457,127.
Why Live in Cascade-Chipita Park, CO?
Cascade-Chipita Park offers a strong local economy with a median household income of $115,357, well above the national average, and a well-educated community where 51.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $550,700. However, Cascade-Chipita Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cascade-Chipita Park has a population of 1,158 with a median age of 56.2 years. Compare Cascade-Chipita Park with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Cascade-Chipita Park
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Howard | 1,159 | $57,664 | $386,500 | Compare |
| Hotchkiss | 1,147 | $58,125 | $265,500 | Compare |
| Blue River | 1,145 | $119,375 | $1,171,900 | Compare |
| Aetna Estates | 1,177 | $63,887 | $58,200 | Compare |
| Deer Trail | 1,180 | $76,250 | $374,100 | Compare |
| Fraser | 1,189 | $81,786 | $593,800 | Compare |
| Julesburg | 1,193 | $48,056 | $131,100 | Compare |
| Wiggins | 1,202 | $89,948 | $322,900 | 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 Cascade-Chipita Park With Other Cities
Frequently Asked Questions about Cascade-Chipita Park
What is the population of Cascade-Chipita Park, CO?
The population of Cascade-Chipita Park, CO is 1,158 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Colorado.
What is the median household income in Cascade-Chipita Park?
The median household income in Cascade-Chipita Park, CO is $115,357 per year, which is 54% above the national median of $75,149.
What is the median home value in Cascade-Chipita Park?
The median home value in Cascade-Chipita Park, CO is $550,700, which is 125% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cascade-Chipita Park?
The median monthly rent in Cascade-Chipita Park, CO is $1,594, which is 37% above the national average of $1,163/month.
What is the unemployment rate in Cascade-Chipita Park?
The unemployment rate in Cascade-Chipita Park, CO is 11.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cascade-Chipita Park, CO a good place to live?
Cascade-Chipita Park offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,158 and a median age of 56.2, the city appeals to established professionals and retirees.
How educated is Cascade-Chipita Park, CO?
51.6% of residents in Cascade-Chipita Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cascade-Chipita Park?
Key cost-of-living indicators for Cascade-Chipita Park, CO: median home value is $550,700 (125% above national), median rent is $1,594/month, and median household income is $115,357. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Cascade-Chipita Park?
The poverty rate in Cascade-Chipita Park, CO is 7.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cascade-Chipita Park, CO?
Cascade-Chipita Park's population is 5.5% White, 0.8% Hispanic or Latino, 0.1% Black or African American, 3.8% Asian, and 0.1% two or more races. 0.8% of residents are foreign-born.