Edwards, CO Profile: Facts & Data

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Edwards, Colorado - Basic Facts

The Edwards Census Designated Place had a population of 11,376 as of July 1, 2020. Edwards ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Edwards is located at latitude 39.645 and longitude -106.5942 in Eagle County. The formal boundaries for the Edwards Census Designated Place encompass a land area of 26.65 sq. miles and a water area of 0.15 sq. miles. Eagle County is in the Mountain time zone (GMT -7). The elevation is 7,221 feet.

The Edwards Census Designated Place (GNIS ID: 2408049) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Edwards Census Designated Place is located within Minturn-Red Cliff Division of Eagle County.

Alternate Unofficial Names for Edwards: Berrys Ranch.

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Edwards, CO Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 11,376 (100%)
Population in Households 11,376 (100.0%)
Population in Families 8,562 (75.3%)
Population in Group Quarters1 0
Population Density 427
Diversity Index2 58
 
 

INCOME

Median Household Income $88,542
Average Household Income $129,005
% of Income for Mortgage4 35%
Per Capita Income $45,135
Wealth Index5 166
 

HOUSING

Total HU (Housing Units) 5,568 (100%)
Owner Occupied HU 3,045 (54.7%)
Renter Occupied HU 929 (16.7%)
Vacant Housing Units 1,594 (28.6%)
Median Home Value $736,392
Average Home Value $851,273
Housing Affordability Index3 77
 

HOUSEHOLDS

Total Households 3,974
Average Household Size 2.86
Family Households 2,627
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 1.01% 1.12%
Households 0.85% 1.03%
Families 0.62% 0.97%
Median Household Income   0.96%
Per Capita Income   1.38%
Owner Occupied HU   1.09%

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Edwards, CO - Peer Comparisons by Rank and Percentile

The table below compares Edwards to the other 459 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2020 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 # 61 87th
Population Density # 303 34th
Median Household Income # 93 80th
Housing Affordability Index # 98 21st
Per Capita Income # 98 79th
Diversity Index # 117 75th

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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