Craig, CO
Population 9,022 · Colorado
About Craig, CO
Craig is a small town located in Colorado with a population of 9,022 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,256 per year, which is 8% below the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Craig features a median home value of $252,900, which is 3% above the national median of $244,900. This positions Craig in a moderately priced market relative to the rest of the country. Median monthly rent is $1,060, 9% below the national average of $1,163/month. Of the 4,295 total housing units, 66% are owner-occupied (2,543 units) and 34% are renter-occupied (1,288 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Craig shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.6%, above the national average of 12.4%. Workers in Craig have an average one-way commute time of 20.2 minutes.
Education & Demographics
20.8% of Craig 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 12.7% White, 2.9% Hispanic or Latino, 0.2% Black or African American, and 3.4% Asian residents, with 6.0% of the population being foreign-born.
How Craig Ranks in Colorado
Cost of Living in Craig, CO
Compared to national averages, Craig has a median household income of $69,256 (8% below the national median of $75,149). Home values average $252,900, which is 3% above the national median. Monthly rent at $1,060 is 9% below the US average of $1,163. Within Colorado, Craig's income is 22% below the state average of $88,514, and home values are 45% below the state median of $457,127.
Why Live in Craig, CO?
Craig offers rent that’s lower than the national average at $1,060/month, and a strong job market with an unemployment rate of just 1.6%, and short commute times averaging just 20.2 minutes.
Potential considerations include median household income ($69,256) that falls below the national average. However, Craig’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Craig has a population of 9,022 with a median age of 38.2 years. Compare Craig with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Craig
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cortez | 8,898 | $51,377 | $226,700 | Compare |
| Stonegate | 9,164 | $157,021 | $614,000 | Compare |
| Woodmoor | 8,819 | $174,138 | $702,900 | Compare |
| Delta | 9,266 | $46,010 | $238,100 | Compare |
| Redlands | 8,771 | $97,500 | $466,400 | Compare |
| Severance | 9,302 | $127,257 | $493,800 | Compare |
| Milliken | 8,695 | $100,567 | $398,200 | Compare |
| Derby | 8,692 | $78,696 | $317,400 | 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 Craig With Other Cities
Frequently Asked Questions about Craig
What is the population of Craig, CO?
The population of Craig, CO is 9,022 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 Craig?
The median household income in Craig, CO is $69,256 per year, which is 8% below the national median of $75,149.
What is the median home value in Craig?
The median home value in Craig, CO is $252,900, which is 3% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Craig?
The median monthly rent in Craig, CO is $1,060, which is 9% below the national average of $1,163/month.
What is the unemployment rate in Craig?
The unemployment rate in Craig, CO is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Craig, CO a good place to live?
Craig offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 9,022 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Craig, CO?
20.8% of residents in Craig 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 Craig?
Key cost-of-living indicators for Craig, CO: median home value is $252,900 (3% above national), median rent is $1,060/month, and median household income is $69,256. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Craig?
The poverty rate in Craig, CO is 12.6%, 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 Craig, CO?
Craig's population is 12.7% White, 2.9% Hispanic or Latino, 0.2% Black or African American, 3.4% Asian, and 0.2% two or more races. 6.0% of residents are foreign-born.