Platteville, CO
Population 2,924 · Colorado
About Platteville, CO
Platteville is a small town located in Colorado with a population of 2,924 residents according to the latest US Census Bureau American Community Survey data. The median household income is $87,642 per year, which is 17% above the national median of $75,149. The median age of 34 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 Platteville features a median home value of $376,600, which is 54% above the national median of $244,900. This places Platteville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,669, 44% above the national average of $1,163/month. Of the 996 total housing units, 88% are owner-occupied (852 units) and 12% are renter-occupied (112 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Platteville shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Platteville have an average one-way commute time of 35.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
18.9% of Platteville 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 40.7% White, 10.2% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 8.2% of the population being foreign-born.
Cost of Living in Platteville, CO
Compared to national averages, Platteville has a median household income of $87,642 (17% above the national median of $75,149). Home values average $376,600, which is 54% above the national median. Monthly rent at $1,669 is 44% above the US average of $1,163. Within Colorado, Platteville's income is 1% below the state average of $88,514, and home values are 18% below the state median of $457,127.
Why Live in Platteville, CO?
Platteville offers a strong local economy with a median household income of $87,642, well above the national average, and a low poverty rate of 8.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $376,600. However, Platteville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Platteville has a population of 2,924 with a median age of 34 years. Compare Platteville with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Platteville
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Buena Vista | 2,966 | $58,409 | $495,800 | Compare |
| Frisco | 2,865 | $113,406 | $839,500 | Compare |
| Bayfield | 2,862 | $92,821 | $418,400 | Compare |
| Snowmass Village | 3,048 | $107,559 | $1,748,000 | Compare |
| Stepping Stone | 3,079 | $220,039 | $787,300 | Compare |
| Walsenburg | 3,079 | $40,799 | $148,600 | Compare |
| Meridian Village | 2,768 | $198,707 | $742,800 | Compare |
| Inverness | 3,088 | $104,636 | $799,600 | 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 Platteville With Other Cities
Frequently Asked Questions about Platteville
What is the population of Platteville, CO?
The population of Platteville, CO is 2,924 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 Platteville?
The median household income in Platteville, CO is $87,642 per year, which is 17% above the national median of $75,149.
What is the median home value in Platteville?
The median home value in Platteville, CO is $376,600, which is 54% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Platteville?
The median monthly rent in Platteville, CO is $1,669, which is 44% above the national average of $1,163/month.
What is the unemployment rate in Platteville?
The unemployment rate in Platteville, CO is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Platteville, CO a good place to live?
Platteville offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,924 and a median age of 34, the city appeals to young professionals and families.
How educated is Platteville, CO?
18.9% of residents in Platteville 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 Platteville?
Key cost-of-living indicators for Platteville, CO: median home value is $376,600 (54% above national), median rent is $1,669/month, and median household income is $87,642. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Platteville?
The poverty rate in Platteville, CO is 8.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Platteville, CO?
Platteville's population is 40.7% White, 10.2% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 0.0% two or more races. 8.2% of residents are foreign-born.