Living in Central, Colorado
Cost of living, income, home prices, rent and demographics of Central · Census data 2020–2024
Central has 525 residents with a median age of 35.9. The median household income is $61,622 (35% lower than the Colorado median), the median home value is $366,300, the median rent is $1,451/month.
Central is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Central at a glance
- Population
- 525
- Median age
- 35.9State: 37.7
- Median household income
- $61,622State: $95,470
- Median home value
- $366,300State: $539,400
- Median rent
- $1,451/moState: $1,761
- Homeowners
- 61.6%
- Bachelor's degree or higher
- 22.9%
- Average commute
- 12 min
Is Central a good place to live?
Pros: Home values 32% lower than the state median; an average commute of 12 minutes; unemployment of 4.1%; a poverty rate of 6.1%.
Cons: Median household income 35% lower than the Colorado median.
The weather is best in June to September.
Cost of living in Central
Housing is the biggest part of the cost of living. In Central the median home value is $366,300, 10% higher than the U.S. median. Renters pay a median of $1,451 per month, which is 33.6% of household income. Homeowners with a mortgage pay $1,990 a month in housing costs.
Central median household income
The median household income in Central is $61,622 and the income per person is $44,882. 6.1% of residents live below the poverty line (Colorado: 9.4%).
Housing in Central: homes for sale and rent
- Housing units
- 494
- Owner-occupied
- 61.6%
- Renter-occupied
- 38.4%
- Vacant
- 37.2%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 1.69
37.2% of homes are vacant most of the year, a sign that Central has many vacation and second homes.
Central demographics
- Population
- 525
- Median age
- 35.9
- Under 18
- 31.4%
- 65 and older
- 17%
- Households
- 310
- Foreign-born
- 6.5%
- Veterans
- 14.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Central ›
Education in Central
22.9% of adults 25 and older in Central have a bachelor's degree or higher (Colorado: 45.7%), and 5.2% have a graduate or professional degree.
Jobs and commute in Central
- Unemployment rate
- 4.1%State: 4.6%
- Average commute
- 12 minState: 25 min
- Work from home
- 15.8%
- Drive alone
- 62.7%
- Public transit
- 0%
- Walk to work
- 0.3%
- Homes with broadband
- 82.9%
Central vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Central | 525 | $61,622 | $366,300 | $1,451 |
| Black Hawk | 106 | $116,806 | $496,200 | — |
| Idaho Springs | 1,986 | $89,436 | $446,500 | $1,548 |
| Downieville-Lawson-Dumont | 345 | $57,784 | $383,700 | — |
| Floyd Hill | 841 | $182,981 | $802,900 | $1,348 |
| Blue Valley | 120 | $80,100 | — | — |
| Pine Valley | 392 | $127,104 | $753,000 | — |
| Empire | 672 | $66,797 | $356,500 | $1,614 |
| Upper Witter Gulch | 731 | $250,001 | $756,400 | — |
More for people moving to Central
Central ZIP code ›Weather and climate ›Living in Central: FAQ
What is the median household income in Central, CO?
The median household income in Central is $61,622, 35% 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 Central?
The median home value in Central is $366,300, compared with $539,400 in Colorado.
How much is rent in Central?
The median gross rent in Central is $1,451 per month, about 33.6% of household income.
Is Central, CO a good place to live?
Pluses: home values 32% lower than the state median; an average commute of 12 minutes; unemployment of 4.1%; a poverty rate of 6.1%. Minuses: median household income 35% lower than the Colorado median.
What is the median age in Central?
The median age in Central is 35.9 years (Colorado: 37.7).
How long is the commute in Central?
The average commute to work in Central is 12 minutes; 15.8% of workers work from home.
What is the unemployment rate in Central?
The unemployment rate in Central is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Central?
22.9% of adults in Central 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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