Living in Alma, Colorado

Cost of living, income, home prices, rent and demographics of Alma · Census data 2020–2024

Alma has 385 residents with a median age of 34.1. The median home value is $423,900, the median rent is $2,155/month.

Alma is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Alma at a glance

Population
385
Median age
34.1State: 37.7
Median home value
$423,900State: $539,400
Median rent
$2,155/moState: $1,761
Homeowners
57.6%
Bachelor's degree or higher
40.9%
Average commute
26 min

Is Alma a good place to live?

Pros: Home values 21% lower than the state median; unemployment of 0.4%; a poverty rate of 7.5%.

Cons: An average commute of 26 minutes.

The weather is best in June to September.

Cost of living in Alma

Housing is the biggest part of the cost of living. In Alma the median home value is $423,900, 27% higher than the U.S. median. Renters pay a median of $2,155 per month, which is 51% of household income. Homeowners with a mortgage pay $2,571 a month in housing costs.

Median home value

Alma$423,900
Colorado$539,400
United States$332,700

Median monthly rent

Alma$2,155
Colorado$1,761
United States$1,413

Housing in Alma: homes for sale and rent

Housing units
289
Owner-occupied
57.6%
Renter-occupied
42.4%
Vacant
18.3%Includes seasonal homes
Median year built
1966
Average household size
1.63

Alma demographics

Population
385
Median age
34.1
Under 18
15.1%
65 and older
3.4%
Households
236
Foreign-born
10.4%
Veterans
5.2%Adults 18+

Race and ethnicity

White79.2%
Hispanic or Latino14%
Black6.8%
Asian0%

Hispanic or Latino can be of any race. Population history of Alma ›

Education in Alma

40.9% of adults 25 and older in Alma have a bachelor's degree or higher (Colorado: 45.7%), and 5.3% have a graduate or professional degree.

Bachelor's degree or higher

Alma40.9%
Colorado45.7%
United States35.7%

Jobs and commute in Alma

Unemployment rate
0.4%State: 4.6%
Average commute
26 minState: 25 min
Work from home
30.4%
Drive alone
58.3%
Public transit
0%
Walk to work
0%
Homes with broadband
84.7%

Alma vs nearby towns

TownPopulationMedian incomeHome valueRent
Alma385—$423,900$2,155
Fairplay1,067$107,976$431,300$2,166
Blue River1,410$134,250$1,267,300$2,853
Leadville2,620$86,350$447,600$1,195
Leadville North1,417$97,604$536,200$1,495
Breckenridge4,959$138,191$1,012,700$1,752
Twin Lakes615$142,601$680,200—
Frisco2,825$113,506$891,400$1,954
Red Cliff308$72,125$837,000$1,239

More for people moving to Alma

Alma ZIP code ›Weather and climate ›

Living in Alma: FAQ

What is the average home price in Alma?

The median home value in Alma is $423,900, compared with $539,400 in Colorado.

How much is rent in Alma?

The median gross rent in Alma is $2,155 per month, about 51% of household income.

Is Alma, CO a good place to live?

Pluses: home values 21% lower than the state median; unemployment of 0.4%; a poverty rate of 7.5%. Minuses: an average commute of 26 minutes.

What is the median age in Alma?

The median age in Alma is 34.1 years (Colorado: 37.7).

How long is the commute in Alma?

The average commute to work in Alma is 26 minutes; 30.4% of workers work from home.

What is the unemployment rate in Alma?

The unemployment rate in Alma is 0.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Alma?

40.9% of adults in Alma have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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