Saddle Ridge CDP, CO Profile: Facts & Data

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Saddle Ridge CDP, Colorado - Basic Facts

The Saddle Ridge Census Designated Place had a population of 61 as of July 1, 2020.

The primary coordinate point for Saddle Ridge CDP is located at latitude 40.3131 and longitude -103.8023 in Morgan County. The formal boundaries for the Saddle Ridge Census Designated Place encompass a land area of 0.17 sq. miles and a water area of 0 sq. miles.

The Saddle Ridge Census Designated Place (GNIS ID: 2583289) has a U2 Census Class Code which indicates a census designated place without 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 Saddle Ridge Census Designated Place is located within Fort Morgan Division of Morgan County.


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Saddle Ridge CDP, CO Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 61 (100%)
Population in Households 61 (100.0%)
Population in Families 56 (91.8%)
Population in Group Quarters1 0
Population Density 351
Diversity Index2 35
 
 

INCOME

Median Household Income $84,899
Average Household Income $101,572
% of Income for Mortgage4 0%
Per Capita Income $36,117
Wealth Index5 126
 

HOUSING

Total HU (Housing Units) 22 (100%)
Owner Occupied HU 18 (81.8%)
Renter Occupied HU 3 (13.6%)
Vacant Housing Units 0
Median Home Value $357,143
Average Home Value $359,722
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 22
Average Household Size 2.77
Family Households 19
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% 0.33%
Households 0.93% 0.0%
Families -0.5% 0.0%
Median Household Income   1.05%
Per Capita Income   2.56%
Owner Occupied HU   1.09%

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Saddle Ridge CDP, CO - Peer Comparisons by Rank and Percentile

The table below compares Saddle Ridge CDP 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 # 424 8th
Population Density # 324 30th
Median Household Income # 103 78th
Housing Affordability Index # 24 5th
Per Capita Income # 178 61st
Diversity Index # 237 49th

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

Saddle Ridge CDP, CO - Most Popular Things to Do

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