Ordway, CO
Population 1,718 · Colorado
About Ordway, CO
Ordway is a small town located in Colorado with a population of 1,718 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,313 per year, which is 26% below the national median of $75,149. The median age of 39.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ordway features a median home value of $99,200, which is 59% below the national median of $244,900. This makes Ordway one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,045, 10% below the national average of $1,163/month. Of the 639 total housing units, 62% are owner-occupied (346 units) and 38% are renter-occupied (211 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ordway shows an unemployment rate of 8.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.9%, above the national average of 12.4%. Workers in Ordway have an average one-way commute time of 28.4 minutes.
Education & Demographics
23.3% of Ordway 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 12.3% White, 8.7% Hispanic or Latino, 0.0% Black or African American, and 15.4% Asian residents, with 3.8% of the population being foreign-born.
How Ordway Ranks in Colorado
Cost of Living in Ordway, CO
Compared to national averages, Ordway has a median household income of $55,313 (26% below the national median of $75,149). Home values average $99,200, which is 59% below the national median. Monthly rent at $1,045 is 10% below the US average of $1,163. Within Colorado, Ordway's income is 38% below the state average of $88,514, and home values are 78% below the state median of $457,127.
Why Live in Ordway, CO?
Ordway offers affordable housing with a median home value of $99,200, below the US average of $244,900, and rent that’s lower than the national average at $1,045/month.
Potential considerations include median household income ($55,313) that falls below the national average. However, Ordway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ordway has a population of 1,718 with a median age of 39.6 years. Compare Ordway with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Ordway
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pagosa Springs | 1,718 | $36,712 | $353,800 | Compare |
| Mountain Village | 1,713 | $59,881 | $2,000,001 | Compare |
| Elizabeth | 1,694 | $110,227 | $444,000 | Compare |
| Akron | 1,681 | $59,470 | $186,500 | Compare |
| Olathe | 1,788 | $65,170 | $226,900 | Compare |
| Colorado City | 1,791 | $48,692 | $237,700 | Compare |
| Perry Park | 1,801 | $162,971 | $791,100 | Compare |
| Byers | 1,804 | $88,607 | $400,000 | 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 Ordway With Other Cities
Frequently Asked Questions about Ordway
What is the population of Ordway, CO?
The population of Ordway, CO is 1,718 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 Ordway?
The median household income in Ordway, CO is $55,313 per year, which is 26% below the national median of $75,149.
What is the median home value in Ordway?
The median home value in Ordway, CO is $99,200, which is 59% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ordway?
The median monthly rent in Ordway, CO is $1,045, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Ordway?
The unemployment rate in Ordway, CO is 8.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ordway, CO a good place to live?
Ordway offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,718 and a median age of 39.6, the city appeals to a broad range of residents.
How educated is Ordway, CO?
23.3% of residents in Ordway 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 Ordway?
Key cost-of-living indicators for Ordway, CO: median home value is $99,200 (59% below national), median rent is $1,045/month, and median household income is $55,313. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ordway?
The poverty rate in Ordway, CO is 18.9%, 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 Ordway, CO?
Ordway's population is 12.3% White, 8.7% Hispanic or Latino, 0.0% Black or African American, 15.4% Asian, and 3.6% two or more races. 3.8% of residents are foreign-born.