Living in Cascade-Chipita Park, Colorado

Cost of living, income, home prices, rent and demographics of Cascade-Chipita Park · Census data 2020–2024

Cascade-Chipita Park has 1,412 residents with a median age of 53.3. The median household income is $119,531 (25% higher than the Colorado median), the median home value is $514,900, the median rent is $1,416/month.

Cascade-Chipita Park is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Cascade-Chipita Park at a glance

Population
1,412
Median age
53.3State: 37.7
Median household income
$119,531State: $95,470
Median home value
$514,900State: $539,400
Median rent
$1,416/moState: $1,761
Homeowners
84.9%
Bachelor's degree or higher
48.6%
Average commute
33 min

Is Cascade-Chipita Park a good place to live?

Pros: Median household income 25% higher than the Colorado median; home values 5% lower than the state median; a poverty rate of 8.8%.

Cons: An average commute of 33 minutes; unemployment of 15.2%.

The weather is best in June to September.

Cost of living in Cascade-Chipita Park

Housing is the biggest part of the cost of living. In Cascade-Chipita Park the median home value is $514,900, 55% higher than the U.S. median. Renters pay a median of $1,416 per month, which is 51% of household income. Homeowners with a mortgage pay $2,147 a month in housing costs.

Median home value

Cascade-Chipita Park$514,900
Colorado$539,400
United States$332,700

Median monthly rent

Cascade-Chipita Park$1,416
Colorado$1,761
United States$1,413

Cascade-Chipita Park median household income

The median household income in Cascade-Chipita Park is $119,531 and the income per person is $65,283. 8.8% of residents live below the poverty line (Colorado: 9.4%).

Median household income

Cascade-Chipita Park$119,531
Colorado$95,470
United States$80,734

Housing in Cascade-Chipita Park: homes for sale and rent

Housing units
791
Owner-occupied
84.9%
Renter-occupied
15.1%
Vacant
23.9%Includes seasonal homes
Median year built
1970
Average household size
2.24

Cascade-Chipita Park demographics

Population
1,412
Median age
53.3
Under 18
9.1%
65 and older
25.3%
Households
602
Foreign-born
0.8%
Veterans
17.9%Adults 18+

Race and ethnicity

White89.5%
Hispanic or Latino10.3%
Black1.5%
Asian0%

Hispanic or Latino can be of any race. Population history of Cascade-Chipita Park ›

Education in Cascade-Chipita Park

48.6% of adults 25 and older in Cascade-Chipita Park have a bachelor's degree or higher (Colorado: 45.7%), and 23% have a graduate or professional degree.

Bachelor's degree or higher

Cascade-Chipita Park48.6%
Colorado45.7%
United States35.7%

Jobs and commute in Cascade-Chipita Park

Unemployment rate
15.2%State: 4.6%
Average commute
33 minState: 25 min
Work from home
38%
Drive alone
48.1%
Public transit
0%
Walk to work
4.1%
Homes with broadband
96%

Cascade-Chipita Park vs nearby towns

TownPopulationMedian incomeHome valueRent
Cascade-Chipita Park1,412$119,531$514,900$1,416
Green Mountain Falls459$101,827$449,100$1,699
Woodland Park7,949$99,238$549,200$2,007
Manitou Springs4,735$85,000$561,200$1,283
Air Force Academy6,727$69,474—$2,264
Midland182$87,176$495,500—
Gleneagle6,440$139,653$605,400$2,099
Monument11,735$128,816$636,700$1,929
Palmer Lake2,623$125,357$485,700$1,911

More for people moving to Cascade-Chipita Park

Cascade-Chipita Park ZIP code ›Weather and climate ›

Living in Cascade-Chipita Park: FAQ

What is the median household income in Cascade-Chipita Park, CO?

The median household income in Cascade-Chipita Park is $119,531, 25% higher than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Cascade-Chipita Park?

The median home value in Cascade-Chipita Park is $514,900, compared with $539,400 in Colorado.

How much is rent in Cascade-Chipita Park?

The median gross rent in Cascade-Chipita Park is $1,416 per month, about 51% of household income.

Is Cascade-Chipita Park, CO a good place to live?

Pluses: median household income 25% higher than the Colorado median; home values 5% lower than the state median; a poverty rate of 8.8%. Minuses: an average commute of 33 minutes; unemployment of 15.2%.

What is the median age in Cascade-Chipita Park?

The median age in Cascade-Chipita Park is 53.3 years (Colorado: 37.7).

How long is the commute in Cascade-Chipita Park?

The average commute to work in Cascade-Chipita Park is 33 minutes; 38% of workers work from home.

What is the unemployment rate in Cascade-Chipita Park?

The unemployment rate in Cascade-Chipita Park is 15.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cascade-Chipita Park?

48.6% of adults in Cascade-Chipita Park 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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