Lamar, CO
Population 7,629 · Colorado
About Lamar, CO
Lamar is a small town located in Colorado with a population of 7,629 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,487 per year, which is 22% below the national median of $75,149. The median age of 33.1 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 Lamar features a median home value of $137,100, which is 44% below the national median of $244,900. This makes Lamar one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $844, 27% below the national average of $1,163/month. Of the 3,419 total housing units, 69% are owner-occupied (1,955 units) and 31% are renter-occupied (869 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lamar shows an unemployment rate of 6.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.0%, above the national average of 12.4%. Workers in Lamar have an average one-way commute time of 13.6 minutes, one of the shorter commutes in the region.
Education & Demographics
19.2% of Lamar 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 35.4% White, 3.1% Hispanic or Latino, 0.0% Black or African American, and 7.1% Asian residents, with 11.1% of the population being foreign-born.
Cost of Living in Lamar, CO
Compared to national averages, Lamar has a median household income of $58,487 (22% below the national median of $75,149). Home values average $137,100, which is 44% below the national median. Monthly rent at $844 is 27% below the US average of $1,163. Within Colorado, Lamar's income is 34% below the state average of $88,514, and home values are 70% below the state median of $457,127.
Why Live in Lamar, CO?
Lamar offers affordable housing with a median home value of $137,100, below the US average of $244,900, and rent that’s lower than the national average at $844/month, and short commute times averaging just 13.6 minutes.
Potential considerations include median household income ($58,487) that falls below the national average. However, Lamar’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lamar has a population of 7,629 with a median age of 33.1 years. Compare Lamar with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Lamar
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eagle | 7,479 | $103,850 | $693,600 | Compare |
| Woodland Park | 7,909 | $96,896 | $489,400 | Compare |
| Fruitvale | 7,998 | $76,339 | $299,900 | Compare |
| Timnath | 8,007 | $172,206 | $717,300 | Compare |
| La Junta | 7,211 | $54,253 | $180,700 | Compare |
| Applewood | 8,120 | $128,988 | $725,300 | Compare |
| Lochbuie | 8,142 | $88,548 | $373,800 | Compare |
| Twin Lakes CDP (Adams County), Colorado | 8,279 | $93,818 | $526,700 | 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 Lamar With Other Cities
Frequently Asked Questions about Lamar
What is the population of Lamar, CO?
The population of Lamar, CO is 7,629 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 Lamar?
The median household income in Lamar, CO is $58,487 per year, which is 22% below the national median of $75,149.
What is the median home value in Lamar?
The median home value in Lamar, CO is $137,100, which is 44% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lamar?
The median monthly rent in Lamar, CO is $844, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Lamar?
The unemployment rate in Lamar, CO is 6.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lamar, CO a good place to live?
Lamar offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,629 and a median age of 33.1, the city appeals to young professionals and families.
How educated is Lamar, CO?
19.2% of residents in Lamar 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 Lamar?
Key cost-of-living indicators for Lamar, CO: median home value is $137,100 (44% below national), median rent is $844/month, and median household income is $58,487. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lamar?
The poverty rate in Lamar, CO is 20.0%, 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 Lamar, CO?
Lamar's population is 35.4% White, 3.1% Hispanic or Latino, 0.0% Black or African American, 7.1% Asian, and 1.1% two or more races. 11.1% of residents are foreign-born.