Twin Lakes, CO Profile: Facts & Data

The Twin Lakes CDP⁽¹⁾ had a population of 225 as of July 1, 2024. Twin Lakes ranks in the lower quartile for Population Density and 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 Twin Lakes is located at latitude 39.0828 and longitude -106.382 in Lake County. The formal boundaries for the Twin Lakes Census Designated Place encompass a land area of 6.74 sq. miles and a water area of 0 sq. miles. Lake County is in the Mountain time zone (GMT -7).

The Twin Lakes Census Designated Place 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 Twin Lakes Census Designated Place is located within Leadville Division of Lake County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Twin Lakes, CO Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	225 (100%)
Population in Households	225 (100.0%)
Population in Families	183 (81.3%)
Population in Group Quarters¹	0
Population Density	33
Diversity Index²	75


INCOME
Median Household Income	$102,631
Average Household Income	$100,110
% of Income for Mortgage⁴	34%
Per Capita Income	$45,383
Wealth Index⁵	92
Socioeconomic Status Index⁶	High (71.9)

HOUSING
Total HU (Housing Units)	246 (100%)
Owner Occupied HU	78 (31.7%)
Renter Occupied HU	24 ( 9.8%)
Vacant Housing Units	144 (58.5%)
Median Home Value	$553,571
Average Home Value	$588,141
Housing Affordability Index³	76

HOUSEHOLDS
Total Households	102
Average Household Size	2.21
Family Households	62
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.

Twin Lakes, CO - Peer Comparisons by Rank and Percentile

The table below compares Twin Lakes 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	2.33%	-1.65%
Households	0.00%	-0.80%
Families		0.32%
Median Household Income		-0.16%
Per Capita Income		3.08%
Owner Occupied HU		2.21%

Variable Description	Rank	Percentile
Total Population	# 358	26th
Population Density	# 460	5th
Median Household Income	# 141	71st
Housing Affordability Index	# 305	63rd
Per Capita Income	# 214	56th
Diversity Index	# 70	86th

Twin Lakes, CO Profile: Facts & Data

Twin Lakes, Colorado - Basic Facts

Twin Lakes, CO Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Twin Lakes, CO - Peer Comparisons by Rank and Percentile

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