Living in Cheyenne Wells, Colorado
Cost of living, income, home prices, rent and demographics of Cheyenne Wells · Census data 2020–2024
Cheyenne Wells has 979 residents with a median age of 43.5. The median household income is $72,759 (24% lower than the Colorado median), the median home value is $173,100, the median rent is $943/month.
Cheyenne Wells is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cheyenne Wells at a glance
- Population
- 979
- Median age
- 43.5State: 37.7
- Median household income
- $72,759State: $95,470
- Median home value
- $173,100State: $539,400
- Median rent
- $943/moState: $1,761
- Homeowners
- 67.6%
- Bachelor's degree or higher
- 25.6%
- Average commute
- 13 min
Is Cheyenne Wells a good place to live?
Pros: Home values 68% lower than the state median; an average commute of 13 minutes; unemployment of 0.2%.
Cons: Median household income 24% lower than the Colorado median; a poverty rate of 11.1%.
The weather is best in May–June and August–September.
Cost of living in Cheyenne Wells
Housing is the biggest part of the cost of living. In Cheyenne Wells the median home value is $173,100, 48% lower than the U.S. median. Renters pay a median of $943 per month, which is 20% of household income. Homeowners with a mortgage pay $1,230 a month in housing costs.
Cheyenne Wells median household income
The median household income in Cheyenne Wells is $72,759 and the income per person is $38,521. 11.1% of residents live below the poverty line (Colorado: 9.4%).
Housing in Cheyenne Wells: homes for sale and rent
- Housing units
- 532
- Owner-occupied
- 67.6%
- Renter-occupied
- 32.4%
- Vacant
- 12.4%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.03
Cheyenne Wells demographics
- Population
- 979
- Median age
- 43.5
- Under 18
- 19.6%
- 65 and older
- 21.2%
- Households
- 466
- Foreign-born
- 5.1%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Cheyenne Wells ›
Education in Cheyenne Wells
25.6% of adults 25 and older in Cheyenne Wells have a bachelor's degree or higher (Colorado: 45.7%), and 10.6% have a graduate or professional degree.
Jobs and commute in Cheyenne Wells
- Unemployment rate
- 0.2%State: 4.6%
- Average commute
- 13 minState: 25 min
- Work from home
- 5.2%
- Drive alone
- 86.8%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 95.1%
Cheyenne Wells vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cheyenne Wells | 979 | $72,759 | $173,100 | $943 |
| Weskan | 171 | $71,250 | $150,000 | $675 |
| Kit Carson | 273 | $59,875 | $150,000 | $653 |
| Sharon Springs | 817 | $61,429 | $105,100 | $465 |
| Eads | 677 | $59,479 | $135,200 | $800 |
| Bethune | 218 | $34,688 | $127,500 | — |
| Burlington | 3,152 | $74,308 | $208,100 | $1,154 |
| Stratton | 716 | $61,583 | $166,300 | $2,068 |
| Vona | 189 | $78,750 | $214,300 | $869 |
More for people moving to Cheyenne Wells
Cheyenne Wells ZIP code ›Weather and climate ›Living in Cheyenne Wells: FAQ
What is the median household income in Cheyenne Wells, CO?
The median household income in Cheyenne Wells is $72,759, 24% 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 Cheyenne Wells?
The median home value in Cheyenne Wells is $173,100, compared with $539,400 in Colorado.
How much is rent in Cheyenne Wells?
The median gross rent in Cheyenne Wells is $943 per month, about 20% of household income.
Is Cheyenne Wells, CO a good place to live?
Pluses: home values 68% lower than the state median; an average commute of 13 minutes; unemployment of 0.2%. Minuses: median household income 24% lower than the Colorado median; a poverty rate of 11.1%.
What is the median age in Cheyenne Wells?
The median age in Cheyenne Wells is 43.5 years (Colorado: 37.7).
How long is the commute in Cheyenne Wells?
The average commute to work in Cheyenne Wells is 13 minutes; 5.2% of workers work from home.
What is the unemployment rate in Cheyenne Wells?
The unemployment rate in Cheyenne Wells is 0.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cheyenne Wells?
25.6% of adults in Cheyenne Wells 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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