81062 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Crowley County
Centroid: Latitude 38.212, Longitude -103.938
Time Zone: Mountain Time Zone (UTC -7 hours)
Observes DST: Yes

ZIP Code 81062 has segments in 2 Counties (Crowley, Pueblo).

Businesses Addresses: 6
PO Box Addresses: 156
Residential Addresses: 178

Multi-Family Addresses: 0
Single Family Addresses: 178

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Olney Springs, CO 81062 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	2,669 (100%)
Population in Households	822 (30.8%)
Population in Families	671 (25.1%)
Population in Group Quarters¹	1,847 (69.2%)
Population Density	12
Diversity Index²	69


INCOME
Median Household Income	$32,408
Average Household Income	$43,095
% of Income for Mortgage⁴	12%
Per Capita Income	$7,716
Wealth Index⁵	35

HOUSING
Total HU (Housing Units)	429 (100%)
Owner Occupied HU	254 (59.2%)
Renter Occupied HU	116 (27.0%)
Vacant Housing Units	59 (13.8%)
Median Home Value	$92,208
Average Home Value	$149,114
Housing Affordability Index³	221

HOUSEHOLDS
Total Households	370
Average Household Size	2.22
Family Households	254
Average Family Size	3

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.

Olney Springs, CO 81062 - Peer Comparisons by Rank and Percentile

The table below compares 81062 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.42%	-0.02%
Households	0.35%	-0.11%
Families	0.23%	-0.16%
Median Household Income		0.17%
Per Capita Income		0.65%
Owner Occupied HU		0.0%

Variable Description	Rank	Percentile
Total Population	# 272	47th
Population Density	# 304	41st
Median Household Income	# 498	3rd
Housing Affordability Index	# 481	94th
Per Capita Income	# 505	2nd
Diversity Index	# 57	89th

Olney Springs, CO 81062 ZIP Code Profile

ZIP Code 81062: Basic Data & USPS Preferred City Name

Olney Springs, CO 81062 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Olney Springs, CO 81062 - Peer Comparisons by Rank and Percentile

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