Log Lane Village, CO Profile: Facts & Data

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Log Lane Village, Colorado - Basic Facts

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The Town of Log Lane Village had a population of 941 as of July 1, 2022. Log Lane Village ranks in the upper quartile for Population Density and 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 Log Lane Village is located at latitude 40.2705 and longitude -103.8297 in Morgan County. The formal boundaries for the Town of Log Lane Village encompass a land area of 0.27 sq. miles and a water area of 0 sq. miles. Morgan County is in the Mountain time zone (GMT -7). The elevation is 4,308 feet.

The Town of Log Lane Village 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 Log Lane Village is located within Fort Morgan Division of Morgan County.


Jump to... (On This Page!)
  1. Log Lane Village 2022 Demographic Data
  2. Growth Rates for Log Lane Village (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Colorado Research Tools (Easy Tools & Current Data)
  3. Colorado Data Comparison Tool - 2022 Demographics
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Log Lane Village, CO Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 941 (100%)
Population in Households 941 (100.0%)
Population in Families 788 (83.7%)
Population in Group Quarters1 0
Population Density 4,801
Diversity Index2 76
 
 

INCOME

Median Household Income $53,904
Average Household Income $93,105
% of Income for Mortgage4 26%
Per Capita Income $34,066
Wealth Index5 82
 

HOUSING

Total HU (Housing Units) 341 (100%)
Owner Occupied HU 183 (53.7%)
Renter Occupied HU 124 (36.4%)
Vacant Housing Units 34 ( 10.0%)
Median Home Value $263,415
Average Home Value $273,214
Housing Affordability Index3 104
 

HOUSEHOLDS

Total Households 307
Average Household Size 3.07
Family Households 215
Average Family Size 4.00
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

2020-2022 2022-2027
Population 1.35% 0.63%
Households 1.18% 0.64%
Families   0.55%
Median Household Income   2.90%
Per Capita Income   4.65%
Owner Occupied HU   0.96%

Log Lane Village, CO - Peer Comparisons by Rank and Percentile

The table below compares Log Lane Village to the other 482 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2022 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 # 227 53rd
Population Density # 18 96th
Median Household Income # 390 19th
Housing Affordability Index # 281 58th
Per Capita Income # 329 32nd
Diversity Index # 50 90th

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

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