Hugo, CO Profile: Facts & Data

The Town of Hugo had a population of 795 as of July 1, 2024. Hugo 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 Hugo is located at latitude 39.1361 and longitude -103.4699 in Lincoln County. The formal boundaries for the Town of Hugo encompass a land area of 0.94 sq. miles and a water area of 0 sq. miles. Lincoln County is in the Mountain time zone (GMT -7).

The Town of Hugo 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 Hugo is located within Hugo Division of Lincoln County.

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

POPULATION
Total Population	795 (100%)
Population in Households	758 (95.3%)
Population in Families	599 (75.3%)
Population in Group Quarters¹	37 ( 4.7%)
Population Density	872
Diversity Index²	26


INCOME
Median Household Income	$56,571
Average Household Income	$79,565
% of Income for Mortgage⁴	23%
Per Capita Income	$32,396
Wealth Index⁵	64
Socioeconomic Status Index⁶	Moderate (52.8)

HOUSING
Total HU (Housing Units)	383 (100%)
Owner Occupied HU	217 (56.7%)
Renter Occupied HU	106 (27.7%)
Vacant Housing Units	60 (15.7%)
Median Home Value	$208,636
Average Home Value	$219,009
Housing Affordability Index³	115

HOUSEHOLDS
Total Households	323
Average Household Size	2.35
Family Households	194
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.

Hugo, CO - Peer Comparisons by Rank and Percentile

The table below compares Hugo 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	0.24%	0.10%
Households	0.29%	0.06%
Families		-0.42%
Median Household Income		5.35%
Per Capita Income		2.87%
Owner Occupied HU		0.55%

Variable Description	Rank	Percentile
Total Population	# 244	50th
Population Density	# 214	56th
Median Household Income	# 370	23rd
Housing Affordability Index	# 445	92nd
Per Capita Income	# 380	21st
Diversity Index	# 440	9th

Hugo, CO Profile: Facts & Data

Hugo, Colorado - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hugo, CO - Peer Comparisons by Rank and Percentile

Hugo, CO - Most Popular Things to Do

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