Is Trinidad, Colorado a Good Place To Live? - Living In Trinidad, CO

Is Trinidad, Colorado a good place to live?
Trinidad is a city in Colorado state in USA with a population of 8076 residents.. The poverty rate of Trinidad is 20.7%, which is 48% higher than national average. The typical household in Trinidad earns $38733 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 58.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Trinidad, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Trinidad remained 8.5%, which is 81% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Trinidad, only 17% of adults have a bachelor's degree and 45% have some college but no degree.

Cost of living in Trinidad is 91, which is 9% lower than national average. Median home value in Trinidad is $145700 , which is 37% lower than national average. While median income in Trinidad remained $38733, which is 43% lower than national average.
Population
8076
Unemployment
8.5%
81% NAT AVG.
Poverty
20.7%
48% NAT AVG.
Overall Score
4
Median Home Cost
$145700
37% NAT AVG.
Median Income
$38733
43% NAT AVG.
Median Rent
$739
36% NAT AVG.
Cost Of Living
91
9% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 12
People Earning < $10,000
1 in 8
People Earning < $50,000
58.3%
People with <= High School
1 in 2.6
People With Any Degree
1 in 2.8
Pros & Cons Overview

Jobs40%

Housing60%

Affordability50%

Safety40%

Amenities80%

Diversity90%

Education60%

Commute95%