Living in Towaoc, Colorado
Cost of living, income, home prices, rent and demographics of Towaoc · Census data 2020–2024
Towaoc has 1,078 residents with a median age of 27.6. The median household income is $22,955 (76% lower than the Colorado median), the median home value is $425,900, the median rent is $424/month.
Towaoc is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Towaoc at a glance
- Population
- 1,078
- Median age
- 27.6State: 37.7
- Median household income
- $22,955State: $95,470
- Median home value
- $425,900State: $539,400
- Median rent
- $424/moState: $1,761
- Homeowners
- 35.7%
- Bachelor's degree or higher
- 15.2%
- Average commute
- 12 min
Is Towaoc a good place to live?
Pros: Home values 21% lower than the state median; an average commute of 12 minutes.
Cons: Median household income 76% lower than the Colorado median; unemployment of 13.1%; a poverty rate of 62%.
The weather is best in May–June and September–October.
Cost of living in Towaoc
Housing is the biggest part of the cost of living. In Towaoc the median home value is $425,900, 28% higher than the U.S. median. Renters pay a median of $424 per month, which is 18.1% of household income. Homeowners with a mortgage pay $2,063 a month in housing costs.
Towaoc median household income
The median household income in Towaoc is $22,955 and the income per person is $12,851. 62% of residents live below the poverty line (Colorado: 9.4%).
Housing in Towaoc: homes for sale and rent
- Housing units
- 362
- Owner-occupied
- 35.7%
- Renter-occupied
- 64.3%
- Vacant
- 3.3%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.98
Towaoc demographics
- Population
- 1,078
- Median age
- 27.6
- Under 18
- 41.9%
- 65 and older
- 11.3%
- Households
- 350
- Foreign-born
- 7%
- Veterans
- 1%Adults 18+
Hispanic or Latino can be of any race. Population history of Towaoc ›
Education in Towaoc
15.2% of adults 25 and older in Towaoc have a bachelor's degree or higher (Colorado: 45.7%), and 7.7% have a graduate or professional degree.
Jobs and commute in Towaoc
- Unemployment rate
- 13.1%State: 4.6%
- Average commute
- 12 minState: 25 min
- Work from home
- 0%
- Drive alone
- 68.6%
- Public transit
- 6.3%
- Walk to work
- 14.7%
- Homes with broadband
- 78%
Towaoc vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Towaoc | 1,078 | $22,955 | $425,900 | $424 |
| Cortez | 8,976 | $54,247 | $272,900 | $984 |
| Dolores | 918 | $34,861 | $308,100 | $741 |
| Aneth | 257 | $62,917 | $61,700 | $890 |
| Mancos | 1,174 | $65,833 | $353,200 | $820 |
| Teec Nos Pos | 712 | $44,688 | $79,700 | $943 |
| Shiprock | 7,610 | $35,900 | $104,400 | $694 |
| Beclabito | 212 | $61,563 | $106,800 | — |
| Marvel | 100 | $56,719 | $309,500 | — |
More for people moving to Towaoc
Towaoc ZIP code ›Weather and climate ›Living in Towaoc: FAQ
What is the median household income in Towaoc, CO?
The median household income in Towaoc is $22,955, 76% 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 Towaoc?
The median home value in Towaoc is $425,900, compared with $539,400 in Colorado.
How much is rent in Towaoc?
The median gross rent in Towaoc is $424 per month, about 18.1% of household income.
Is Towaoc, CO a good place to live?
Pluses: home values 21% lower than the state median; an average commute of 12 minutes. Minuses: median household income 76% lower than the Colorado median; unemployment of 13.1%; a poverty rate of 62%.
What is the median age in Towaoc?
The median age in Towaoc is 27.6 years (Colorado: 37.7).
How long is the commute in Towaoc?
The average commute to work in Towaoc is 12 minutes; 0% of workers work from home.
What is the unemployment rate in Towaoc?
The unemployment rate in Towaoc is 13.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Towaoc?
15.2% of adults in Towaoc 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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