Cheraw, CO Profile: Facts & Data


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Cheraw, Colorado - Basic Facts

The Town of Cheraw had a population of 225 as of July 1, 2020.

The primary coordinate point for Cheraw is located at latitude 38.107 and longitude -103.5102 in Otero County. The formal boundaries for the Town of Cheraw encompass a land area of 0.16 sq. miles and a water area of 0 sq. miles. Otero County is in the Mountain time zone (GMT -7). The elevation is 4,131 feet.

The Town of Cheraw (GNIS ID: 2413193) 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 Cheraw is located within Cheraw Division of Otero County.


Cheraw, CO Data & Demographics (As of July 1, 2020)


Total Population 225 (100%)
Population in Households 214 (95.1%)
Population in Families 185 (82.2%)
Population in Group Quarters1 11 ( 4.9%)
Population Density 1,248
Diversity Index2 43


Median Household Income $53,933
Average Household Income $81,713
% of Income for Mortgage4 14%
Per Capita Income $30,906
Wealth Index5 85


Total HU (Housing Units) 100 (100%)
Owner Occupied HU 65 (65.0%)
Renter Occupied HU 25 (25.0%)
Vacant Housing Units 11 (11.0%)
Median Home Value $183,333
Average Home Value $243,750
Housing Affordability Index3 193


Total Households 89
Average Household Size 2.4
Family Households 66
Average Family Size 3
  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.


2010-2020 2020-2025
Population -1.1% -0.72%
Households -1.23% -0.68%
Families 0.0% -0.93%
Median Household Income   2.18%
Per Capita Income   2.7%
Owner Occupied HU   -0.31%


Cheraw, CO - Peer Comparisons by Rank and Percentile

The table below compares Cheraw 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 # 349 24th
Population Density # 155 66th
Median Household Income # 293 36th
Housing Affordability Index # 398 87th
Per Capita Income # 253 45th
Diversity Index # 179 61st

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

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