Living in Rico, Colorado
Cost of living, income, home prices, rent and demographics of Rico · Census data 2020–2024
Rico has 414 residents with a median age of 45.1. The median household income is $104,250 (9% higher than the Colorado median), the median home value is $560,400, the median rent is $1,625/month.
Rico is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Rico at a glance
- Population
- 414
- Median age
- 45.1State: 37.7
- Median household income
- $104,250State: $95,470
- Median home value
- $560,400State: $539,400
- Median rent
- $1,625/moState: $1,761
- Homeowners
- 87.2%
- Bachelor's degree or higher
- 51%
- Average commute
- 32 min
Is Rico a good place to live?
Pros: Median household income 9% higher than the Colorado median.
Cons: Home values 4% higher than the state median; an average commute of 32 minutes; a poverty rate of 17.6%.
The weather is best in June to September.
Cost of living in Rico
Housing is the biggest part of the cost of living. In Rico the median home value is $560,400, 68% higher than the U.S. median. Renters pay a median of $1,625 per month, which is 19.3% of household income. Homeowners with a mortgage pay $1,634 a month in housing costs.
Rico median household income
The median household income in Rico is $104,250 and the income per person is $55,883. 17.6% of residents live below the poverty line (Colorado: 9.4%).
Housing in Rico: homes for sale and rent
- Housing units
- 259
- Owner-occupied
- 87.2%
- Renter-occupied
- 12.8%
- Vacant
- 18.5%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 1.96
Rico demographics
- Population
- 414
- Median age
- 45.1
- Under 18
- 23.2%
- 65 and older
- 19.6%
- Households
- 211
- Foreign-born
- 2.9%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Rico ›
Education in Rico
51% of adults 25 and older in Rico have a bachelor's degree or higher (Colorado: 45.7%), and 12.4% have a graduate or professional degree.
Jobs and commute in Rico
- Unemployment rate
- 0%State: 4.6%
- Average commute
- 32 minState: 25 min
- Work from home
- 14.1%
- Drive alone
- 45.5%
- Public transit
- 0%
- Walk to work
- 17.6%
- Homes with broadband
- 90%
Rico vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Rico | 414 | $104,250 | $560,400 | $1,625 |
| Ophir | 120 | $135,179 | $906,300 | — |
| Mountain Village | 2,185 | $52,923 | $2,000,001 | $1,072 |
| Telluride | 2,160 | $102,405 | — | $3,056 |
| Silverton | 637 | $77,546 | $471,100 | $992 |
| Placerville | 333 | $105,972 | $1,133,100 | $2,194 |
| Mancos | 1,174 | $65,833 | $353,200 | $820 |
| Dolores | 918 | $34,861 | $308,100 | $741 |
| Ouray | 985 | $78,182 | $588,300 | $1,346 |
More for people moving to Rico
Rico ZIP code ›Weather and climate ›Living in Rico: FAQ
What is the median household income in Rico, CO?
The median household income in Rico is $104,250, 9% 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 Rico?
The median home value in Rico is $560,400, compared with $539,400 in Colorado.
How much is rent in Rico?
The median gross rent in Rico is $1,625 per month, about 19.3% of household income.
Is Rico, CO a good place to live?
Pluses: median household income 9% higher than the Colorado median. Minuses: home values 4% higher than the state median; an average commute of 32 minutes; a poverty rate of 17.6%.
What is the median age in Rico?
The median age in Rico is 45.1 years (Colorado: 37.7).
How long is the commute in Rico?
The average commute to work in Rico is 32 minutes; 14.1% of workers work from home.
What is the unemployment rate in Rico?
The unemployment rate in Rico is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rico?
51% of adults in Rico 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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