Hot Sulphur Springs, CO Profile: Facts & Data

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Hot Sulphur Springs, Colorado - Basic Facts

The Town of Hot Sulphur Springs had a population of 715 as of July 1, 2020. Hot Sulphur Springs ranks in the lower 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 Hot Sulphur Springs is located at latitude 40.073 and longitude -106.1028 in Grand County. The formal boundaries for the Town of Hot Sulphur Springs encompass a land area of 0.76 sq. miles and a water area of 0 sq. miles. Grand County is in the Mountain time zone (GMT -7). The elevation is 7,730 feet.

The Town of Hot Sulphur Springs (GNIS ID: 2412770) 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 Hot Sulphur Springs is located within Granby Division of Grand County.

Alternate Unofficial Names for Hot Sulphur Springs: Middle Park Hot Springs.

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Hot Sulphur Springs, CO Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 715 (100%)
Population in Households 657 (91.9%)
Population in Families 528 (73.8%)
Population in Group Quarters1 58 ( 8.1%)
Population Density 930
Diversity Index2 19
 
 

INCOME

Median Household Income $79,843
Average Household Income $100,427
% of Income for Mortgage4 26%
Per Capita Income $38,854
Wealth Index5 122
 

HOUSING

Total HU (Housing Units) 332 (100%)
Owner Occupied HU 189 (56.9%)
Renter Occupied HU 86 (25.9%)
Vacant Housing Units 57 (17.2%)
Median Home Value $487,805
Average Home Value $615,957
Housing Affordability Index3 108
 

HOUSEHOLDS

Total Households 275
Average Household Size 2.39
Family Households 188
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 0.74% 0.83%
Households 0.82% 0.93%
Families 0.65% 0.84%
Median Household Income   0.35%
Per Capita Income   1.36%
Owner Occupied HU   1.04%

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Hot Sulphur Springs, CO - Peer Comparisons by Rank and Percentile

The table below compares Hot Sulphur Springs 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 # 252 45th
Population Density # 204 56th
Median Household Income # 120 74th
Housing Affordability Index # 173 38th
Per Capita Income # 147 68th
Diversity Index # 388 16th

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

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