Living in Romeo, Colorado

Cost of living, income, home prices, rent and demographics of Romeo · Census data 2020–2024

Romeo has 387 residents with a median age of 39.2. The median household income is $45,469 (52% lower than the Colorado median), the median home value is $123,800, the median rent is $689/month.

Romeo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Romeo at a glance

Population
387
Median age
39.2State: 37.7
Median household income
$45,469State: $95,470
Median home value
$123,800State: $539,400
Median rent
$689/moState: $1,761
Homeowners
71.1%
Bachelor's degree or higher
15.8%
Average commute
24 min

Is Romeo a good place to live?

Pros: Home values 77% lower than the state median; an average commute of 24 minutes.

Cons: Median household income 52% lower than the Colorado median; unemployment of 7%; a poverty rate of 26.6%.

The weather is best in June to September.

Cost of living in Romeo

Housing is the biggest part of the cost of living. In Romeo the median home value is $123,800, 63% lower than the U.S. median. Renters pay a median of $689 per month, which is 16.3% of household income. Homeowners with a mortgage pay $1,231 a month in housing costs.

Median home value

Romeo$123,800
Colorado$539,400
United States$332,700

Median monthly rent

Romeo$689
Colorado$1,761
United States$1,413

Romeo median household income

The median household income in Romeo is $45,469 and the income per person is $23,578. 26.6% of residents live below the poverty line (Colorado: 9.4%).

Median household income

Romeo$45,469
Colorado$95,470
United States$80,734

Housing in Romeo: homes for sale and rent

Housing units
202
Owner-occupied
71.1%
Renter-occupied
28.9%
Vacant
5.9%Includes seasonal homes
Median year built
1985
Average household size
2.04

Romeo demographics

Population
387
Median age
39.2
Under 18
22.2%
65 and older
18.6%
Households
190
Foreign-born
10.9%
Veterans
14.6%Adults 18+

Race and ethnicity

White34.1%
Hispanic or Latino83.5%
Black0%
Asian1.3%

Hispanic or Latino can be of any race. Population history of Romeo ›

Education in Romeo

15.8% of adults 25 and older in Romeo have a bachelor's degree or higher (Colorado: 45.7%), and 11.5% have a graduate or professional degree.

Bachelor's degree or higher

Romeo15.8%
Colorado45.7%
United States35.7%

Jobs and commute in Romeo

Unemployment rate
7%State: 4.6%
Average commute
24 minState: 25 min
Work from home
2.6%
Drive alone
76.5%
Public transit
0%
Walk to work
0%
Homes with broadband
92.1%

Romeo vs nearby towns

TownPopulationMedian incomeHome valueRent
Romeo387$45,469$123,800$689
Manassa932$60,250$209,300$744
Antonito579$35,083$85,700$640
Sanford1,142$42,143$171,700$1,012
Alamosa9,879$49,688$225,200$837
Alamosa East1,298$76,683$264,400$1,287
Monte Vista4,141$61,684$224,500$699
San Luis560$26,708$98,800$925
Blanca230$68,000$163,500$1,106

More for people moving to Romeo

Romeo ZIP code ›Weather and climate ›

Living in Romeo: FAQ

What is the median household income in Romeo, CO?

The median household income in Romeo is $45,469, 52% 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 Romeo?

The median home value in Romeo is $123,800, compared with $539,400 in Colorado.

How much is rent in Romeo?

The median gross rent in Romeo is $689 per month, about 16.3% of household income.

Is Romeo, CO a good place to live?

Pluses: home values 77% lower than the state median; an average commute of 24 minutes. Minuses: median household income 52% lower than the Colorado median; unemployment of 7%; a poverty rate of 26.6%.

What is the median age in Romeo?

The median age in Romeo is 39.2 years (Colorado: 37.7).

How long is the commute in Romeo?

The average commute to work in Romeo is 24 minutes; 2.6% of workers work from home.

What is the unemployment rate in Romeo?

The unemployment rate in Romeo is 7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Romeo?

15.8% of adults in Romeo 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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