Living in Cheraw, Colorado
Cost of living, income, home prices, rent and demographics of Cheraw · Census data 2020–2024
Cheraw has 188 residents with a median age of 55.7. The median household income is $52,857 (45% lower than the Colorado median), the median home value is $125,000, the median rent is $1,021/month.
Cheraw is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cheraw at a glance
- Population
- 188
- Median age
- 55.7State: 37.7
- Median household income
- $52,857State: $95,470
- Median home value
- $125,000State: $539,400
- Median rent
- $1,021/moState: $1,761
- Homeowners
- 71.4%
- Bachelor's degree or higher
- 11.7%
- Average commute
- 20 min
Is Cheraw a good place to live?
Pros: Home values 77% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 45% lower than the Colorado median; unemployment of 6.6%; a poverty rate of 14.9%.
The weather is best in April–May and September–October.
Cost of living in Cheraw
Housing is the biggest part of the cost of living. In Cheraw the median home value is $125,000, 62% lower than the U.S. median. Renters pay a median of $1,021 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,264 a month in housing costs.
Cheraw median household income
The median household income in Cheraw is $52,857 and the income per person is $32,454. 14.9% of residents live below the poverty line (Colorado: 9.4%).
Housing in Cheraw: homes for sale and rent
- Housing units
- 98
- Owner-occupied
- 71.4%
- Renter-occupied
- 28.6%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1950
- Average household size
- 1.92
Cheraw demographics
- Population
- 188
- Median age
- 55.7
- Under 18
- 13.3%
- 65 and older
- 37.2%
- Households
- 98
- Foreign-born
- 1.1%
- Veterans
- 20.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Cheraw ›
Education in Cheraw
11.7% of adults 25 and older in Cheraw have a bachelor's degree or higher (Colorado: 45.7%), and 2.6% have a graduate or professional degree.
Jobs and commute in Cheraw
- Unemployment rate
- 6.6%State: 4.6%
- Average commute
- 20 minState: 25 min
- Work from home
- 12.7%
- Drive alone
- 69%
- Public transit
- 0%
- Walk to work
- 5.6%
- Homes with broadband
- 87.8%
Cheraw vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cheraw | 188 | $52,857 | $125,000 | $1,021 |
| North La Junta | 535 | $47,941 | $120,800 | $1,139 |
| La Junta Gardens | 112 | $83,701 | $230,300 | — |
| La Junta | 7,140 | $52,315 | $194,800 | $642 |
| Swink | 422 | $44,219 | $163,000 | — |
| Sugar City | 464 | $47,798 | $90,000 | $812 |
| Rocky Ford | 3,815 | $40,655 | $143,900 | $775 |
| Ordway | 1,528 | $54,583 | $104,400 | $1,036 |
| Las Animas | 2,540 | $51,875 | $132,700 | $1,211 |
More for people moving to Cheraw
Cheraw ZIP code ›Weather and climate ›Living in Cheraw: FAQ
What is the median household income in Cheraw, CO?
The median household income in Cheraw is $52,857, 45% 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 Cheraw?
The median home value in Cheraw is $125,000, compared with $539,400 in Colorado.
How much is rent in Cheraw?
The median gross rent in Cheraw is $1,021 per month, about 27.5% of household income.
Is Cheraw, CO a good place to live?
Pluses: home values 77% lower than the state median; an average commute of 20 minutes. Minuses: median household income 45% lower than the Colorado median; unemployment of 6.6%; a poverty rate of 14.9%.
What is the median age in Cheraw?
The median age in Cheraw is 55.7 years (Colorado: 37.7).
How long is the commute in Cheraw?
The average commute to work in Cheraw is 20 minutes; 12.7% of workers work from home.
What is the unemployment rate in Cheraw?
The unemployment rate in Cheraw is 6.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cheraw?
11.7% of adults in Cheraw 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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