Colorado City is a city in Arizona state in USA with a population of 4836 residents..
The poverty rate of Colorado City is 38.5%, which is 175% higher than national average.
The typical household in Colorado City earns $48333 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.8% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Colorado City are struggling financially. Nearly one in every 1 in every 6 workers in Colorado City is unemployed.
The unemployment rate of Colorado City remained 16.5%, which is 251% higher than national rate. Nearly 4 times comparable to 4.7% national rate, according to the Census.
Cost of living in Colorado City is 0, which is 100% lower than national average.
In Colorado City, only 8% of adults have a bachelor's degree and 16% have some college but no degree.
Median home value in Colorado City is $196400 , which is 15% lower than national average.
While median income in Colorado City remained $48333, which is 28% lower than national average.