Ovid, CO
Population 378 · Colorado
About Ovid, CO
Ovid is a small community located in Colorado with a population of 378 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,000 per year, which is 47% below the national median of $75,149. The median age of 39.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ovid features a median home value of $98,600, which is 60% below the national median of $244,900. This makes Ovid one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $697, 40% below the national average of $1,163/month. Of the 163 total housing units, 75% are owner-occupied (108 units) and 25% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ovid shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 10.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ovid have an average one-way commute time of 34.5 minutes.
Education & Demographics
21.4% of Ovid 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 15.3% White, 2.6% Hispanic or Latino, 0.8% Black or African American, and 2.1% Asian residents, with 7.1% of the population being foreign-born.
How Ovid Ranks in Colorado
Cost of Living in Ovid, CO
Compared to national averages, Ovid has a median household income of $40,000 (47% below the national median of $75,149). Home values average $98,600, which is 60% below the national median. Monthly rent at $697 is 40% below the US average of $1,163. Within Colorado, Ovid's income is 55% below the state average of $88,514, and home values are 78% below the state median of $457,127.
Why Live in Ovid, CO?
Ovid offers affordable housing with a median home value of $98,600, below the US average of $244,900, and rent that’s lower than the national average at $697/month, and a low poverty rate of 10.6%, better than the national average.
Potential considerations include median household income ($40,000) that falls below the national average. However, Ovid’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ovid has a population of 378 with a median age of 39.7 years. Compare Ovid with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Ovid
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tall Timber | 376 | $198,018 | $1,171,900 | Compare |
| Manzanola | 382 | $29,457 | $113,100 | Compare |
| Echo Hills | 368 | $220,306 | $765,200 | Compare |
| Romeo | 368 | $42,188 | $112,500 | Compare |
| Comanche Creek | 389 | $225,175 | $657,400 | Compare |
| Pine Valley | 391 | $126,726 | $766,900 | Compare |
| Rico | 392 | $101,250 | $545,000 | Compare |
| Coal Creek | 395 | $41,333 | $205,300 | 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 Ovid With Other Cities
Frequently Asked Questions about Ovid
What is the population of Ovid, CO?
The population of Ovid, CO is 378 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 Ovid?
The median household income in Ovid, CO is $40,000 per year, which is 47% below the national median of $75,149.
What is the median home value in Ovid?
The median home value in Ovid, CO is $98,600, which is 60% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ovid?
The median monthly rent in Ovid, CO is $697, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Ovid?
The unemployment rate in Ovid, CO is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ovid, CO a good place to live?
Ovid offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 378 and a median age of 39.7, the city appeals to a broad range of residents.
How educated is Ovid, CO?
21.4% of residents in Ovid 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 Ovid?
Key cost-of-living indicators for Ovid, CO: median home value is $98,600 (60% below national), median rent is $697/month, and median household income is $40,000. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ovid?
The poverty rate in Ovid, CO is 10.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ovid, CO?
Ovid's population is 15.3% White, 2.6% Hispanic or Latino, 0.8% Black or African American, 2.1% Asian, and 0.0% two or more races. 7.1% of residents are foreign-born.