Hugo, CO
Population 915 · Colorado
About Hugo, CO
Hugo is a small community located in Colorado with a population of 915 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,222 per year, which is 37% below the national median of $75,149. The median age of 33.6 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 Hugo features a median home value of $241,200, which is 2% below the national median of $244,900. This positions Hugo in a moderately priced market relative to the rest of the country. Median monthly rent is $1,008, 13% below the national average of $1,163/month. Of the 452 total housing units, 65% are owner-occupied (251 units) and 35% are renter-occupied (135 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Hugo shows an unemployment rate of 5.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.4%, above the national average of 12.4%. Workers in Hugo have an average one-way commute time of 21.5 minutes.
Education & Demographics
26.1% of Hugo 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 4.4% White, 9.8% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Hugo, CO
Compared to national averages, Hugo has a median household income of $47,222 (37% below the national median of $75,149). Home values average $241,200, which is 2% below the national median. Monthly rent at $1,008 is 13% below the US average of $1,163. Within Colorado, Hugo's income is 47% below the state average of $88,514, and home values are 47% below the state median of $457,127.
Why Live in Hugo, CO?
Hugo offers affordable housing with a median home value of $241,200, below the US average of $244,900, and rent that’s lower than the national average at $1,008/month, and short commute times averaging just 21.5 minutes.
Potential considerations include median household income ($47,222) that falls below the national average. However, Hugo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hugo has a population of 915 with a median age of 33.6 years. Compare Hugo with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Hugo
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Manassa | 926 | $56,484 | $144,100 | Compare |
| Dillon | 933 | $95,750 | $939,400 | Compare |
| Dolores | 947 | $33,438 | $263,300 | Compare |
| Log Lane Village | 948 | $64,688 | $140,400 | Compare |
| Cheyenne Wells | 949 | $61,705 | $159,800 | Compare |
| Haxtun | 957 | $53,819 | $221,300 | Compare |
| Williamsburg | 963 | $54,886 | $218,300 | Compare |
| Hot Sulphur Springs | 977 | $90,221 | $376,600 | 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 Hugo With Other Cities
Frequently Asked Questions about Hugo
What is the population of Hugo, CO?
The population of Hugo, CO is 915 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 Hugo?
The median household income in Hugo, CO is $47,222 per year, which is 37% below the national median of $75,149.
What is the median home value in Hugo?
The median home value in Hugo, CO is $241,200, which is 2% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hugo?
The median monthly rent in Hugo, CO is $1,008, which is 13% below the national average of $1,163/month.
What is the unemployment rate in Hugo?
The unemployment rate in Hugo, CO is 5.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hugo, CO a good place to live?
Hugo offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 915 and a median age of 33.6, the city appeals to young professionals and families.
How educated is Hugo, CO?
26.1% of residents in Hugo 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 Hugo?
Key cost-of-living indicators for Hugo, CO: median home value is $241,200 (2% below national), median rent is $1,008/month, and median household income is $47,222. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Hugo?
The poverty rate in Hugo, CO is 12.4%, 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 Hugo, CO?
Hugo's population is 4.4% White, 9.8% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 1.4% two or more races. 0.8% of residents are foreign-born.