Living in Montezuma, Colorado
Cost of living, income, home prices, rent and demographics of Montezuma · Census data 2020–2024
Montezuma has 120 residents with a median age of 28.8. The median household income is $130,357 (37% higher than the Colorado median), the median home value is $854,200, the median rent is $1,857/month.
Montezuma is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Montezuma at a glance
- Population
- 120
- Median age
- 28.8State: 37.7
- Median household income
- $130,357State: $95,470
- Median home value
- $854,200State: $539,400
- Median rent
- $1,857/moState: $1,761
- Homeowners
- 72.2%
- Bachelor's degree or higher
- 54.7%
- Average commute
- 50 min
Is Montezuma a good place to live?
Pros: Median household income 37% higher than the Colorado median; a poverty rate of 1.7%.
Cons: Home values 58% higher than the state median; an average commute of 50 minutes; unemployment of 19.2%.
The weather is best in June to September.
Cost of living in Montezuma
Housing is the biggest part of the cost of living. In Montezuma the median home value is $854,200, 157% higher than the U.S. median. Renters pay a median of $1,857 per month, which is 18.6% of household income. Homeowners with a mortgage pay $3,167 a month in housing costs.
Montezuma median household income
The median household income in Montezuma is $130,357 and the income per person is $33,838. 1.7% of residents live below the poverty line (Colorado: 9.4%).
Housing in Montezuma: homes for sale and rent
- Housing units
- 55
- Owner-occupied
- 72.2%
- Renter-occupied
- 27.8%
- Vacant
- 34.5%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 3.33
34.5% of homes are vacant most of the year, a sign that Montezuma has many vacation and second homes.
Montezuma demographics
- Population
- 120
- Median age
- 28.8
- Under 18
- 33.3%
- 65 and older
- 0%
- Households
- 36
- Foreign-born
- 0.8%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Montezuma ›
Education in Montezuma
54.7% of adults 25 and older in Montezuma have a bachelor's degree or higher (Colorado: 45.7%), and 18.8% have a graduate or professional degree.
Jobs and commute in Montezuma
- Unemployment rate
- 19.2%State: 4.6%
- Average commute
- 50 minState: 25 min
- Work from home
- 1.8%
- Drive alone
- 35.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Montezuma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montezuma | 120 | $130,357 | $854,200 | $1,857 |
| Keystone | 1,216 | $51,591 | $1,284,700 | $874 |
| Dillon | 832 | $111,250 | $1,090,000 | $1,798 |
| Silver Plume | 127 | $52,083 | $473,500 | $985 |
| Breckenridge | 4,959 | $138,191 | $1,012,700 | $1,752 |
| Frisco | 2,825 | $113,506 | $891,400 | $1,954 |
| Blue River | 1,410 | $134,250 | $1,267,300 | $2,853 |
| Georgetown | 1,053 | $79,118 | $521,700 | $1,434 |
| Silverthorne | 4,815 | $125,478 | $700,800 | $2,081 |
More for people moving to Montezuma
Montezuma ZIP code ›Weather and climate ›Living in Montezuma: FAQ
What is the median household income in Montezuma, CO?
The median household income in Montezuma is $130,357, 37% higher 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 Montezuma?
The median home value in Montezuma is $854,200, compared with $539,400 in Colorado.
How much is rent in Montezuma?
The median gross rent in Montezuma is $1,857 per month, about 18.6% of household income.
Is Montezuma, CO a good place to live?
Pluses: median household income 37% higher than the Colorado median; a poverty rate of 1.7%. Minuses: home values 58% higher than the state median; an average commute of 50 minutes; unemployment of 19.2%.
What is the median age in Montezuma?
The median age in Montezuma is 28.8 years (Colorado: 37.7).
How long is the commute in Montezuma?
The average commute to work in Montezuma is 50 minutes; 1.8% of workers work from home.
What is the unemployment rate in Montezuma?
The unemployment rate in Montezuma is 19.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montezuma?
54.7% of adults in Montezuma 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.
Last updated: