Central, CO
Population 576 · Colorado
About Central, CO
Central is a small community located in Colorado with a population of 576 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,094 per year, which is 17% below the national median of $75,149. The median age of 35.7 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 Central features a median home value of $379,400, which is 55% above the national median of $244,900. This places Central in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,604, 38% above the national average of $1,163/month. Of the 470 total housing units, 49% are owner-occupied (160 units) and 51% are renter-occupied (165 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Central shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Central have an average one-way commute time of 12.9 minutes, one of the shorter commutes in the region.
Education & Demographics
30.8% of Central 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 26.7% White, 10.8% 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 Central, CO
Compared to national averages, Central has a median household income of $62,094 (17% below the national median of $75,149). Home values average $379,400, which is 55% above the national median. Monthly rent at $1,604 is 38% above the US average of $1,163. Within Colorado, Central's income is 30% below the state average of $88,514, and home values are 17% below the state median of $457,127.
Why Live in Central, CO?
Central offers a strong job market with an unemployment rate of just 3.3%, and a low poverty rate of 6.6%, better than the national average, and short commute times averaging just 12.9 minutes.
Potential considerations include median household income ($62,094) that falls below the national average, and a competitive housing market where the typical home costs $379,400. However, Central’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Central has a population of 576 with a median age of 35.7 years. Compare Central with other cities to see how it stacks up, or explore all cities in Colorado.
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Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Central
What is the population of Central, CO?
The population of Central, CO is 576 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Colorado.
What is the median household income in Central?
The median household income in Central, CO is $62,094 per year, which is 17% below the national median of $75,149.
What is the median home value in Central?
The median home value in Central, CO is $379,400, which is 55% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Central?
The median monthly rent in Central, CO is $1,604, which is 38% above the national average of $1,163/month.
What is the unemployment rate in Central?
The unemployment rate in Central, CO is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Central, CO a good place to live?
Central offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 576 and a median age of 35.7, the city appeals to a broad range of residents.
How educated is Central, CO?
30.8% of residents in Central 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 Central?
Key cost-of-living indicators for Central, CO: median home value is $379,400 (55% above national), median rent is $1,604/month, and median household income is $62,094. The home-value-to-income ratio is 6.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Central?
The poverty rate in Central, CO is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Central, CO?
Central's population is 26.7% White, 10.8% 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.