Paonia, CO
Population 1,454 · Colorado
About Paonia, CO
Paonia is a small community in Colorado with a population of 1,454 residents. The median household income is $52,466 per year, which is near the national average. The median age in Paonia is 51.9 years.
Housing in Paonia has a median home value of $301,300 and median monthly rent of $799. Of the 917 total housing units, the majority are owner-occupied, with 465 owner-occupied and 308 renter-occupied units.
The unemployment rate in Paonia is 3.5% and the poverty rate is 19.1%. 34.1% of residents hold a bachelor's degree or higher. The average commute time is 13.5 minutes.
How Paonia Ranks in Colorado
Cost of Living in Paonia, CO
Compared to national averages, Paonia has a median household income of $52,466 (30% below the national median of $75,149). Home values average $301,300, which is 23% above the national median. Monthly rent at $799 is 31% below the US average of $1,163. Within Colorado, Paonia's income is 41% below the state average of $88,514, and home values are 34% below the state median of $457,127.
Why Live in Paonia, CO?
Paonia offers rent that’s lower than the national average at $799/month, and a strong job market with an unemployment rate of just 3.5%, and a well-educated community where 34.1% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 13.5 minutes.
Potential considerations include median household income ($52,466) that falls below the national average. However, Paonia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Paonia has a population of 1,454 with a median age of 51.9 years. Compare Paonia with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Paonia
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Leadville North | 1,470 | $96,447 | $397,900 | Compare |
| Crested Butte | 1,436 | $71,923 | $928,100 | Compare |
| Springfield | 1,482 | $42,368 | $122,600 | Compare |
| Alamosa East | 1,404 | $44,741 | $219,100 | Compare |
| Parachute | 1,513 | $58,910 | $269,500 | Compare |
| Nederland | 1,523 | $103,452 | $631,100 | Compare |
| Loma | 1,365 | $133,456 | $778,100 | Compare |
| Ellicott | 1,337 | $55,822 | $0 | 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.
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Frequently Asked Questions about Paonia
What is the population of Paonia, CO?
The population of Paonia, CO is 1,454 according to the latest Census data.
What is the median household income in Paonia?
The median household income in Paonia, CO is $52,466 per year.
What is the median home value in Paonia?
The median home value in Paonia, CO is $301,300.
What is the average rent in Paonia?
The median monthly rent in Paonia, CO is $799.
What is the unemployment rate in Paonia?
The unemployment rate in Paonia, CO is 3.5%.