Living in Craig, Colorado
Cost of living, income, home prices, rent and demographics of Craig · Census data 2020–2024
Craig has 8,991 residents with a median age of 40.2. The median household income is $72,636 (24% lower than the Colorado median), the median home value is $278,500, the median rent is $1,045/month.
Craig at a glance
- Population
- 8,991
- Median age
- 40.2State: 37.7
- Median household income
- $72,636State: $95,470
- Median home value
- $278,500State: $539,400
- Median rent
- $1,045/moState: $1,761
- Homeowners
- 61.2%
- Bachelor's degree or higher
- 18.2%
- Average commute
- 18 min
Is Craig a good place to live?
Pros: Home values 48% lower than the state median; an average commute of 18 minutes; unemployment of 2.5%; a poverty rate of 8.9%.
Cons: Median household income 24% lower than the Colorado median.
The weather is best in May–June and August–September.
Cost of living in Craig
Housing is the biggest part of the cost of living. In Craig the median home value is $278,500, 16% lower than the U.S. median. Renters pay a median of $1,045 per month, which is 23.6% of household income. Homeowners with a mortgage pay $1,538 a month in housing costs.
Craig median household income
The median household income in Craig is $72,636 and the income per person is $35,971. 8.9% of residents live below the poverty line (Colorado: 9.4%).
Housing in Craig: homes for sale and rent
- Housing units
- 4,326
- Owner-occupied
- 61.2%
- Renter-occupied
- 38.8%
- Vacant
- 9.9%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.28
Craig demographics
- Population
- 8,991
- Median age
- 40.2
- Under 18
- 23.8%
- 65 and older
- 17.1%
- Households
- 3,899
- Foreign-born
- 5.1%
- Veterans
- 10%Adults 18+
Hispanic or Latino can be of any race. Population history of Craig ›
Education in Craig
18.2% of adults 25 and older in Craig have a bachelor's degree or higher (Colorado: 45.7%), and 4.9% have a graduate or professional degree.
Jobs and commute in Craig
- Unemployment rate
- 2.5%State: 4.6%
- Average commute
- 18 minState: 25 min
- Work from home
- 2.3%
- Drive alone
- 80.3%
- Public transit
- 0.4%
- Walk to work
- 5.1%
- Homes with broadband
- 91.8%
Craig vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Craig | 8,991 | $72,636 | $278,500 | $1,045 |
| Hayden | 2,057 | $90,804 | $407,900 | $1,784 |
| Oak Creek | 700 | $85,313 | $377,300 | $1,455 |
| Dixon | 267 | $73,594 | $119,400 | — |
| Baggs | 443 | $56,917 | $172,200 | $697 |
| Meeker | 2,580 | $66,548 | $286,000 | $981 |
| Phippsburg | 390 | $87,232 | $515,600 | — |
| Steamboat Springs | 13,433 | $104,964 | $981,800 | $2,017 |
| Yampa | 296 | $75,109 | $350,000 | $1,556 |
More for people moving to Craig
Weather and climate ›Living in Craig: FAQ
What is the median household income in Craig, CO?
The median household income in Craig is $72,636, 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 Craig?
The median home value in Craig is $278,500, compared with $539,400 in Colorado.
How much is rent in Craig?
The median gross rent in Craig is $1,045 per month, about 23.6% of household income.
Is Craig, CO a good place to live?
Pluses: home values 48% lower than the state median; an average commute of 18 minutes; unemployment of 2.5%; a poverty rate of 8.9%. Minuses: median household income 24% lower than the Colorado median.
What is the median age in Craig?
The median age in Craig is 40.2 years (Colorado: 37.7).
How long is the commute in Craig?
The average commute to work in Craig is 18 minutes; 2.3% of workers work from home.
What is the unemployment rate in Craig?
The unemployment rate in Craig is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Craig?
18.2% of adults in Craig 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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