Central city, CO Profile: Facts & Data

Central city, Colorado - Basic Facts

The City of Central had a population of 778 as of July 1, 2024.

The primary coordinate point for Central city is located at latitude 39.7947 and longitude -105.5121 in Gilpin County.

While the primary coordinates for City of Central are located in Gilpin County, it should be noted that the formal boundaries for this community also extend into and Clear Creek County.

It also has a Functional Status Code of ""

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Central is located within Central City Division of Gilpin County.

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Central city, CO Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	778 (100%)
Population in Households	778 (100.0%)
Population in Families	504 (64.8%)
Population in Group Quarters¹	0
Population Density	328
Diversity Index²	49


INCOME
Median Household Income	$60,414
Average Household Income	$83,251
% of Income for Mortgage⁴	41%
Per Capita Income	$43,873
Wealth Index⁵	60
Socioeconomic Status Index⁶	Moderate (52.4)

HOUSING
Total HU (Housing Units)	534 (100%)
Owner Occupied HU	237 (44.4%)
Renter Occupied HU	173 (32.4%)
Vacant Housing Units	124 (23.2%)
Median Home Value	$399,419
Average Home Value	$386,709
Housing Affordability Index³	64

HOUSEHOLDS
Total Households	410
Average Household Size	1.90
Family Households	197
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

534 (100%)

Owner Occupied HU

237 (44.4%)

Renter Occupied HU

173 (32.4%)

Vacant Housing Units

124 (23.2%)

Median Home Value

$399,419

Average Home Value

$386,709

Housing Affordability Index³

HOUSEHOLDS

Total Households

410

Average Household Size

1.90

Family Households

197

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.03%	-0.08%
Households	0.46%	0.15%
Families		0.90%
Median Household Income		3.26%
Per Capita Income		3.50%
Owner Occupied HU		0.58%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.03%

-0.08%

Households

0.46%

0.15%

Families

0.90%

Median Household Income

3.26%

Per Capita Income

3.50%

Owner Occupied HU

0.58%

Central city, CO - Peer Comparisons by Rank and Percentile

The table below compares Central city to the other 482 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 246	49th
Population Density	# 334	31st
Median Household Income	# 342	29th
Housing Affordability Index	# 222	46th
Per Capita Income	# 232	52nd
Diversity Index	# 226	54th

Variable Description

Rank

Percentile

Total Population

# 246

49th

Population Density

# 334

31st

Median Household Income

# 342

29th

Housing Affordability Index

# 222

46th

Per Capita Income

# 232

52nd

Diversity Index

# 226

54th

Colorado Census Data Comparison Tool

Central city, CO Profile: Facts & Data

Central city, Colorado - Basic Facts

Central city, CO Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Central city, CO - Peer Comparisons by Rank and Percentile

Central city, CO - Most Popular Things to Do

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Gilpin County