Cheyenne Wells, CO
Population 949 · Colorado
About Cheyenne Wells, CO
Cheyenne Wells is a small community in Colorado with a population of 949 residents. The median household income is $61,705 per year, which is near the national average. The median age in Cheyenne Wells is 46.5 years.
Housing in Cheyenne Wells has a median home value of $159,800 and median monthly rent of $867. Of the 509 total housing units, the majority are owner-occupied, with 304 owner-occupied and 133 renter-occupied units.
The unemployment rate in Cheyenne Wells is 0.6% and the poverty rate is 11.6%. 25.9% of residents hold a bachelor's degree or higher. The average commute time is 12.9 minutes.
How Cheyenne Wells Ranks in Colorado
Cost of Living in Cheyenne Wells, CO
Compared to national averages, Cheyenne Wells has a median household income of $61,705 (18% below the national median of $75,149). Home values average $159,800, which is 35% below the national median. Monthly rent at $867 is 25% below the US average of $1,163. Within Colorado, Cheyenne Wells's income is 30% below the state average of $88,514, and home values are 65% below the state median of $457,127.
Why Live in Cheyenne Wells, CO?
Cheyenne Wells offers affordable housing with a median home value of $159,800, below the US average of $244,900, and rent that’s lower than the national average at $867/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a low poverty rate of 11.6%, better than the national average, and short commute times averaging just 12.9 minutes.
Potential considerations include median household income ($61,705) that falls below the national average. However, Cheyenne Wells’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cheyenne Wells has a population of 949 with a median age of 46.5 years. Compare Cheyenne Wells with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Cheyenne Wells
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Log Lane Village | 948 | $64,688 | $140,400 | Compare |
| Dolores | 947 | $33,438 | $263,300 | Compare |
| Haxtun | 957 | $53,819 | $221,300 | Compare |
| Williamsburg | 963 | $54,886 | $218,300 | Compare |
| Dillon | 933 | $95,750 | $939,400 | Compare |
| Manassa | 926 | $56,484 | $144,100 | Compare |
| Hot Sulphur Springs | 977 | $90,221 | $376,600 | Compare |
| Upper Bear Creek | 980 | $185,574 | $1,026,900 | 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.
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Frequently Asked Questions about Cheyenne Wells
What is the population of Cheyenne Wells, CO?
The population of Cheyenne Wells, CO is 949 according to the latest Census data.
What is the median household income in Cheyenne Wells?
The median household income in Cheyenne Wells, CO is $61,705 per year.
What is the median home value in Cheyenne Wells?
The median home value in Cheyenne Wells, CO is $159,800.
What is the average rent in Cheyenne Wells?
The median monthly rent in Cheyenne Wells, CO is $867.
What is the unemployment rate in Cheyenne Wells?
The unemployment rate in Cheyenne Wells, CO is 0.6%.