Red Cliff, CO Profile: Facts & Data

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Red Cliff, Colorado - Basic Facts

The Town of Red Cliff had a population of 291 as of July 1, 2020. Red Cliff 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 Red Cliff is located at latitude 39.5122 and longitude -106.3681 in Eagle County. The formal boundaries for the Town of Red Cliff encompass a land area of 0.23 sq. miles and a water area of 0 sq. miles. Eagle County is in the Mountain time zone (GMT -7). The elevation is 8,671 feet.

The Town of Red Cliff (GNIS ID: 2412535) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

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

Alternate Unofficial Names for Red Cliff: Redcliff.

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

POPULATION

Total Population 291 (100%)
Population in Households 291 (100.0%)
Population in Families 197 (67.7%)
Population in Group Quarters1 0
Population Density 1,239
Diversity Index2 60
 
 

INCOME

Median Household Income $79,112
Average Household Income $92,278
% of Income for Mortgage4 29%
Per Capita Income $38,763
Wealth Index5 77
 

HOUSING

Total HU (Housing Units) 149 (100%)
Owner Occupied HU 76 (51.0%)
Renter Occupied HU 51 (34.2%)
Vacant Housing Units 22 (14.8%)
Median Home Value $552,419
Average Home Value $622,403
Housing Affordability Index3 94
 

HOUSEHOLDS

Total Households 127
Average Household Size 2.29
Family Households 69
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 0.84% 1.08%
Households 0.8% 1.08%
Families 0.43% 0.85%
Median Household Income   0.87%
Per Capita Income   1.43%
Owner Occupied HU   1.03%

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Red Cliff, CO - Peer Comparisons by Rank and Percentile

The table below compares Red Cliff 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 # 325 29th
Population Density # 156 66th
Median Household Income # 123 73rd
Housing Affordability Index # 129 28th
Per Capita Income # 148 68th
Diversity Index # 102 78th

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

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