La Veta Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for La Veta, Colorado? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for La Veta, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in La Veta is $48,297.00.

The chart below shows the average household income by age in La Veta.

  • Under 25
    $0.00
  • 25 to 44
    $0.00
  • 45 to 64
    $33,466.00
  • 65 and over
    $48,427.00

Average Household Income

A very commonly asked question is "what is the average household income in La Veta, Colorado?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in La Veta is $58,900.00.

2.65% of households in La Veta, Colorado are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for La Veta but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for La Veta

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for La Veta, Colorado easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    28.43%
  • $25,000 to $49,999
    31.08%
  • $50,000 to $74,999
    13.73%
  • $75,000 to $99,999
    12.77%
  • $100,000 to $149,999
    10.12%
  • $150,000 to $199,999
    1.20%
  • $200,000 or more
    2.65%

Per Capita Income

The per capita income is the average income of all people in La Veta, Colorado. This is calculated by dividing the total income of all people in La Veta by the total number of people in La Veta.

It differs from the average or mean household income because it includes all people in La Veta and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in La Veta, Colorado is $32,712.00.

Population in La Veta by Race and Ethnicity

The total population in La Veta is currently 830 people.

The race and ethnicity of the population in La Veta can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in La Veta, Colorado.

  • 6.00% White
    50
  • 89.60% Black/African American
    744
  • 86.60% Native
    719
  • 0.40% Hispanic
    3
  • 0.00% Asian
    0
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 0.00% Other
    0

Population of La Veta by Age and Gender

Another very important demographics statistic for La Veta, Colorado is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 0 38
10 to 19 Years 0 23
20 to 29 Years 12 59
30 to 39 Years 15 41
40 to 49 Years 83 12
50 to 59 Years 0 30
60 to 69 Years 92 155
70 Years and over 139 131

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in La Veta, Colorado.

  • Master's degree or higher
    27.99%
  • Bachelor's degree
    20.57%
  • Some college or associate's degree
    7.18%
  • High school diploma or equivalent
    44.26%
  • Less than high school diploma
    0.00%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for La Veta because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in La Veta look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in La Veta, Colorado that are over the age of 16.

The current population in La Veta that are over the age of 16 is 777 people.

The unemployment rate in La Veta is 2.00%, which means 7 people are unemployed.

Median Age in La Veta

The median age is an interesting metric because it gives us an idea of the age distribution of people in La Veta, Colorado. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in La Veta is 65.3 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in La Veta

65.3

Total

66.9

Male

64.2

Female

Households and Families

There are a total of 415 households in La Veta, and the average household size is 1.99 people.

For families, the total number is 255, and the average family size is 2.55 people.

7.80% of those families in La Veta, Colorado are living below the poverty line.

The table below shows the poverty thresholds for La Veta in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in La Veta, Colorado for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 193 20 42 160
Average Household Size 2.5 2.45 2.81 1.09
Total Families 193 20 42 0
Average Household Size 2.5 2.45 2.81 0

Housing Data in La Veta

There are total of 604 housing units in La Veta, Colorado. Of those units, 415 (68.71%) are occupied, and 189 (31.29%) are vacant.

Rental Rates

Of the 604 housing units in La Veta, 93 (15.40%) are occupied by renters. The median rent paid by renters is $932.00.

Owner occupied housing units make up the remaining 50.83% of housing units, with 307 housing units in total.

The table below breaks down how much rent is paid by renters in La Veta, Colorado.

  • No rent paid
    15
  • Less than $500
    8
  • $500 to $999
    61
  • $1,000 to $1,499
    17
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    7
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in La Veta is $291,700.00.

The table below breaks down the range of valuations for all properties in La Veta.

  • Less than $50,000
    0
  • $50,000 to $99,999
    43
  • $100,000 to $149,999
    8
  • $150,000 to $199,999
    51
  • $200,000 to $299,999
    60
  • $300,000 to $499,999
    120
  • $500,000 to $999,999
    22
  • $1,000,000 or more
    3

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in La Veta, Colorado.

  • 1939 or earlier
    171
  • 1940 to 1949
    48
  • 1950 to 1959
    17
  • 1960 to 1969
    38
  • 1970 to 1979
    138
  • 1980 to 1989
    69
  • 1990 to 1999
    90
  • 2000 to 2009
    33
  • 2010 to 2013
    0
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in La Veta has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    22
  • 1 vehicle available
    150
  • 2 vehicles available
    187
  • 3 or more vehicles available
    56

Commuting to Work in La Veta

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of La Veta, Colorado, how they commute, and how that correlates to other data points.

The average travel time is 13.5 minutes, and the chart below covers the range of travel times across the population of La Veta.

  • Less than 5 minutes
    0
  • 5 to 9 minutes
    72
  • 10 to 14 minutes
    92
  • 15 to 19 minutes
    0
  • 20 to 24 minutes
    68
  • 25 to 29 minutes
    15
  • 30 to 34 minutes
    18
  • 35 to 39 minutes
    0
  • 40 to 44 minutes
    0
  • 45 to 59 minutes
    0
  • 60 to 89 minutes
    0
  • 90 or more minutes
    0

We can also look at the means of transport in La Veta to see which modes of transport people are using to commute to work.

  • Drove alone
    252
  • Carpooled
    0
  • Public transportation
    0
  • Walked
    13
  • Other means
    0
  • Worked from home
    75

Conclusion

Hopefully this article has given you the demographics data you were looking for in La Veta, Colorado.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for La Veta.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "La Veta Average Income, Population and Demographics". NameCensus.com. Accessed on April 20, 2024. https://namecensus.com/demographics/colorado/huerfano-county/la-veta/.

  • "La Veta Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/colorado/huerfano-county/la-veta/. Accessed 20 April, 2024

  • La Veta Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/colorado/huerfano-county/la-veta/.