Lake Colorado City, TX
Population 1,001 · Texas
About Lake Colorado City, TX
Lake Colorado City is a small town located in Texas with a population of 1,001 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,286 per year, which is 28% below the national median of $75,149. The median age of 52.3 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 Lake Colorado City features a median home value of $53,300, which is 78% below the national median of $244,900. This makes Lake Colorado City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $435, 63% below the national average of $1,163/month. Of the 764 total housing units, 84% are owner-occupied (308 units) and 16% are renter-occupied (58 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Colorado City shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 25.7%, above the national average of 12.4%. Workers in Lake Colorado City have an average one-way commute time of 22.2 minutes.
Education & Demographics
11.5% of Lake Colorado City 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 11.7% White, 10.2% Hispanic or Latino, 0.0% Black or African American, and 10.8% Asian residents, with 0.9% of the population being foreign-born.
How Lake Colorado City Ranks in Texas
Cost of Living in Lake Colorado City, TX
Compared to national averages, Lake Colorado City has a median household income of $54,286 (28% below the national median of $75,149). Home values average $53,300, which is 78% below the national median. Monthly rent at $435 is 63% below the US average of $1,163. Within Texas, Lake Colorado City's income is 25% below the state average of $72,726, and home values are 75% below the state median of $211,769.
Why Live in Lake Colorado City, TX?
Lake Colorado City offers affordable housing with a median home value of $53,300, below the US average of $244,900, and rent that’s lower than the national average at $435/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features short commute times averaging just 22.2 minutes.
Potential considerations include median household income ($54,286) that falls below the national average. However, Lake Colorado City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Colorado City has a population of 1,001 with a median age of 52.3 years. Compare Lake Colorado City with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Lake Colorado City
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Garrison | 1,001 | $39,167 | $78,700 | Compare |
| Simonton | 1,001 | $134,750 | $352,900 | Compare |
| Fulton | 1,002 | $54,007 | $78,700 | Compare |
| Knippa | 997 | $73,212 | $176,400 | Compare |
| Groveton | 996 | $40,227 | $76,000 | Compare |
| Indian Springs | 1,008 | $63,500 | $87,100 | Compare |
| Pineland | 994 | $32,109 | $84,100 | Compare |
| Encinal | 992 | $48,702 | $107,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake Colorado City With Other Cities
Frequently Asked Questions about Lake Colorado City
What is the population of Lake Colorado City, TX?
The population of Lake Colorado City, TX is 1,001 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Lake Colorado City?
The median household income in Lake Colorado City, TX is $54,286 per year, which is 28% below the national median of $75,149.
What is the median home value in Lake Colorado City?
The median home value in Lake Colorado City, TX is $53,300, which is 78% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Colorado City?
The median monthly rent in Lake Colorado City, TX is $435, which is 63% below the national average of $1,163/month.
What is the unemployment rate in Lake Colorado City?
The unemployment rate in Lake Colorado City, TX is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Colorado City, TX a good place to live?
Lake Colorado City offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,001 and a median age of 52.3, the city appeals to established professionals and retirees.
How educated is Lake Colorado City, TX?
11.5% of residents in Lake Colorado City 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 Lake Colorado City?
Key cost-of-living indicators for Lake Colorado City, TX: median home value is $53,300 (78% below national), median rent is $435/month, and median household income is $54,286. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Colorado City?
The poverty rate in Lake Colorado City, TX is 25.7%, 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 Lake Colorado City, TX?
Lake Colorado City's population is 11.7% White, 10.2% Hispanic or Latino, 0.0% Black or African American, 10.8% Asian, and 0.0% two or more races. 0.9% of residents are foreign-born.