Watkins, CO
Population 1,087 · Colorado
About Watkins, CO
Watkins is a small town located in Colorado with a population of 1,087 residents according to the latest US Census Bureau American Community Survey data. The median household income is $157,321 per year, which is 109% above the national median of $75,149. The median age of 46.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Watkins features a median home value of $725,900, which is 196% above the national median of $244,900. This places Watkins in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 383 total housing units, 99% are owner-occupied (381 units) and 1% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Watkins shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Watkins have an average one-way commute time of 33.4 minutes.
Education & Demographics
29.4% of Watkins residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 24.5% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 18.4% of the population being foreign-born.
How Watkins Ranks in Colorado
Cost of Living in Watkins, CO
Compared to national averages, Watkins has a median household income of $157,321 (109% above the national median of $75,149). Home values average $725,900, which is 196% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Colorado, Watkins's income is 78% above the state average of $88,514, and home values are 59% above the state median of $457,127.
Why Live in Watkins, CO?
Watkins offers a strong local economy with a median household income of $157,321, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 2.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $725,900. However, Watkins’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Watkins has a population of 1,087 with a median age of 46.1 years. Compare Watkins with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Watkins
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Georgetown | 1,082 | $75,804 | $440,000 | Compare |
| Fowler | 1,101 | $42,083 | $141,300 | Compare |
| Pierce | 1,102 | $66,313 | $295,600 | Compare |
| Keystone | 1,111 | $51,369 | $1,264,500 | Compare |
| Towaoc | 1,058 | $23,661 | $0 | Compare |
| Lazy Acres | 1,056 | $147,344 | $967,100 | Compare |
| Sanford | 1,047 | $41,250 | $150,000 | Compare |
| Ouray | 1,031 | $76,458 | $549,200 | 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 Watkins With Other Cities
Frequently Asked Questions about Watkins
What is the population of Watkins, CO?
The population of Watkins, CO is 1,087 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 Watkins?
The median household income in Watkins, CO is $157,321 per year, which is 109% above the national median of $75,149.
What is the median home value in Watkins?
The median home value in Watkins, CO is $725,900, which is 196% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Watkins?
The median monthly rent in Watkins, CO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Watkins?
The unemployment rate in Watkins, CO is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Watkins, CO a good place to live?
Watkins offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,087 and a median age of 46.1, the city appeals to established professionals and retirees.
How educated is Watkins, CO?
29.4% of residents in Watkins 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 Watkins?
Key cost-of-living indicators for Watkins, CO: median home value is $725,900 (196% above national), median rent is $0/month, and median household income is $157,321. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Watkins?
The poverty rate in Watkins, CO is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Watkins, CO?
Watkins's population is 24.5% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 5.3% two or more races. 18.4% of residents are foreign-born.