Grand Lake, CO 80447 ZIP Code Profile

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Grand Lake, CO
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ZIP Code 80447: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Grand Lake, CO 80447

  • ZIP Code Type: STANDARD
  • County: Grand County
  • Centroid: Latitude 40.213, Longitude -105.855
  • Time Zone: Mountain Time Zone (UTC -7 hours)
  • Observes DST: Yes
  • Businesses Addresses: 131
  • PO Box Addresses: 1,330
  • Residential Addresses: 218
    • Multi-Family Addresses: 28
    • Single Family Addresses: 190

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: August 4, 2020.

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Grand Lake, CO 80447 Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 2,132 (100%)
Population in Households 2,127 (99.8%)
Population in Families 1,642 (77.0%)
Population in Group Quarters1 5 ( 0.2%)
Population Density 6
Diversity Index2 20
 
 

INCOME

Median Household Income $80,817
Average Household Income $98,153
% of Income for Mortgage4 22%
Per Capita Income $47,698
Wealth Index5 116
 

HOUSING

Total HU (Housing Units) 3,939 (100%)
Owner Occupied HU 696 (17.7%)
Renter Occupied HU 340 ( 8.6%)
Vacant Housing Units 2,903 (73.7%)
Median Home Value $426,606
Average Home Value $468,211
Housing Affordability Index3 123
 

HOUSEHOLDS

Total Households 1,036
Average Household Size 2.05
Family Households 654
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 0.79% 0.97%
Households 0.84% 0.95%
Families 0.71% 0.87%
Median Household Income   0.37%
Per Capita Income   1.07%
Owner Occupied HU   1.07%

Grand Lake, CO 80447 - Peer Comparisons by Rank and Percentile

The table below compares 80447 to the other 514 ZIP Codes 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 # 282 45th
Population Density # 348 33rd
Median Household Income # 109 79th
Housing Affordability Index # 247 48th
Per Capita Income # 84 84th
Diversity Index # 451 12th

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


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