Living in Cedaredge, Colorado
Cost of living, income, home prices, rent and demographics of Cedaredge · Census data 2020–2024
Cedaredge has 2,398 residents with a median age of 55.8. The median household income is $47,614 (50% lower than the Colorado median), the median home value is $276,700, the median rent is $1,213/month.
Cedaredge at a glance
- Population
- 2,398
- Median age
- 55.8State: 37.7
- Median household income
- $47,614State: $95,470
- Median home value
- $276,700State: $539,400
- Median rent
- $1,213/moState: $1,761
- Homeowners
- 73.4%
- Bachelor's degree or higher
- 24.7%
- Average commute
- 31 min
Is Cedaredge a good place to live?
Pros: Home values 49% lower than the state median.
Cons: Median household income 50% lower than the Colorado median; an average commute of 31 minutes; unemployment of 9.3%; a poverty rate of 20.6%.
The weather is best in May–June and August–September.
Cost of living in Cedaredge
Housing is the biggest part of the cost of living. In Cedaredge the median home value is $276,700, 17% lower than the U.S. median. Renters pay a median of $1,213 per month, which is 39.5% of household income. Homeowners with a mortgage pay $1,326 a month in housing costs.
Cedaredge median household income
The median household income in Cedaredge is $47,614 and the income per person is $30,143. 20.6% of residents live below the poverty line (Colorado: 9.4%).
Housing in Cedaredge: homes for sale and rent
- Housing units
- 1,304
- Owner-occupied
- 73.4%
- Renter-occupied
- 26.6%
- Vacant
- 10.5%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.05
Cedaredge demographics
- Population
- 2,398
- Median age
- 55.8
- Under 18
- 17.2%
- 65 and older
- 34.8%
- Households
- 1,167
- Foreign-born
- 5.6%
- Veterans
- 9.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Cedaredge ›
Education in Cedaredge
24.7% of adults 25 and older in Cedaredge have a bachelor's degree or higher (Colorado: 45.7%), and 12.5% have a graduate or professional degree.
Jobs and commute in Cedaredge
- Unemployment rate
- 9.3%State: 4.6%
- Average commute
- 31 minState: 25 min
- Work from home
- 11%
- Drive alone
- 83.2%
- Public transit
- 0%
- Walk to work
- 3.9%
- Homes with broadband
- 90.4%
Cedaredge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cedaredge | 2,398 | $47,614 | $276,700 | $1,213 |
| Orchard City | 3,221 | $55,960 | $324,300 | $1,174 |
| Lazear | 196 | $41,841 | — | — |
| Delta | 9,421 | $45,250 | $283,300 | $990 |
| Hotchkiss | 1,224 | $54,545 | $266,700 | $1,300 |
| Paonia | 1,661 | $59,574 | $343,700 | $897 |
| Olathe | 1,793 | $55,767 | $245,600 | $967 |
| Crawford | 448 | $58,160 | $208,200 | $1,109 |
| Collbran | 356 | $50,833 | $246,600 | — |
More for people moving to Cedaredge
Cedaredge ZIP code ›Weather and climate ›Living in Cedaredge: FAQ
What is the median household income in Cedaredge, CO?
The median household income in Cedaredge is $47,614, 50% lower 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 Cedaredge?
The median home value in Cedaredge is $276,700, compared with $539,400 in Colorado.
How much is rent in Cedaredge?
The median gross rent in Cedaredge is $1,213 per month, about 39.5% of household income.
Is Cedaredge, CO a good place to live?
Pluses: home values 49% lower than the state median. Minuses: median household income 50% lower than the Colorado median; an average commute of 31 minutes; unemployment of 9.3%; a poverty rate of 20.6%.
What is the median age in Cedaredge?
The median age in Cedaredge is 55.8 years (Colorado: 37.7).
How long is the commute in Cedaredge?
The average commute to work in Cedaredge is 31 minutes; 11% of workers work from home.
What is the unemployment rate in Cedaredge?
The unemployment rate in Cedaredge is 9.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cedaredge?
24.7% of adults in Cedaredge 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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