Living in Lamar, Colorado
Cost of living, income, home prices, rent and demographics of Lamar · Census data 2020–2024
Lamar has 7,611 residents with a median age of 33.4. The median household income is $53,188 (44% lower than the Colorado median), the median home value is $152,900, the median rent is $858/month.
Lamar at a glance
- Population
- 7,611
- Median age
- 33.4State: 37.7
- Median household income
- $53,188State: $95,470
- Median home value
- $152,900State: $539,400
- Median rent
- $858/moState: $1,761
- Homeowners
- 64%
- Bachelor's degree or higher
- 20.6%
- Average commute
- 10 min
Is Lamar a good place to live?
Pros: Home values 72% lower than the state median; an average commute of 10 minutes.
Cons: Median household income 44% lower than the Colorado median; unemployment of 4.8%; a poverty rate of 21.3%.
The weather is best in May–June and September–October.
Cost of living in Lamar
Housing is the biggest part of the cost of living. In Lamar the median home value is $152,900, 54% lower than the U.S. median. Renters pay a median of $858 per month, which is 34.3% of household income. Homeowners with a mortgage pay $1,242 a month in housing costs.
Lamar median household income
The median household income in Lamar is $53,188 and the income per person is $32,553. 21.3% of residents live below the poverty line (Colorado: 9.4%).
Housing in Lamar: homes for sale and rent
- Housing units
- 3,462
- Owner-occupied
- 64%
- Renter-occupied
- 36%
- Vacant
- 13.1%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.42
Lamar demographics
- Population
- 7,611
- Median age
- 33.4
- Under 18
- 26.8%
- 65 and older
- 14.8%
- Households
- 3,008
- Foreign-born
- 11.4%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Lamar ›
Education in Lamar
20.6% of adults 25 and older in Lamar have a bachelor's degree or higher (Colorado: 45.7%), and 10.5% have a graduate or professional degree.
Jobs and commute in Lamar
- Unemployment rate
- 4.8%State: 4.6%
- Average commute
- 10 minState: 25 min
- Work from home
- 4.9%
- Drive alone
- 84.2%
- Public transit
- 2.2%
- Walk to work
- 0.7%
- Homes with broadband
- 86.1%
Lamar vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lamar | 7,611 | $53,188 | $152,900 | $858 |
| Wiley | 422 | $60,114 | $140,300 | $950 |
| McClave | 128 | $59,236 | $136,800 | — |
| Granada | 447 | $49,250 | $115,300 | $754 |
| Holly | 665 | $33,750 | $99,800 | $330 |
| Eads | 677 | $59,479 | $135,200 | $800 |
| Las Animas | 2,540 | $51,875 | $132,700 | $1,211 |
| Kit Carson | 273 | $59,875 | $150,000 | $653 |
More for people moving to Lamar
Lamar ZIP code ›Weather and climate ›Living in Lamar: FAQ
What is the median household income in Lamar, CO?
The median household income in Lamar is $53,188, 44% 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 Lamar?
The median home value in Lamar is $152,900, compared with $539,400 in Colorado.
How much is rent in Lamar?
The median gross rent in Lamar is $858 per month, about 34.3% of household income.
Is Lamar, CO a good place to live?
Pluses: home values 72% lower than the state median; an average commute of 10 minutes. Minuses: median household income 44% lower than the Colorado median; unemployment of 4.8%; a poverty rate of 21.3%.
What is the median age in Lamar?
The median age in Lamar is 33.4 years (Colorado: 37.7).
How long is the commute in Lamar?
The average commute to work in Lamar is 10 minutes; 4.9% of workers work from home.
What is the unemployment rate in Lamar?
The unemployment rate in Lamar is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lamar?
20.6% of adults in Lamar 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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