Rico, CO

Census Place

2024 Population

414

US Senator

Michael Bennet

Democratic Party

US Senator

John Hickenlooper

Democratic Party

2024 Median Age

45.1

5.62% 1-year increase

2024 Poverty Rate

17.6%

19.2% 1-year increase

2024 Median Household Income

$104,250

2.96% 1-year growth

2024 Median Property Value

$560,400

Population & Diversity

Rico, CO is home to a population of 414 people, from which 97.1% are citizens.

As of 2024, 2.9% of Rico, CO residents were born outside of the country (12 people).

In 2024, there were 11.4 times more White (Non-Hispanic) residents (332 people) in Rico, CO than any other race or ethnicity. There were 29 American Indian & Alaska Native (Non-Hispanic) and 23 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97.1%

2024 Citizenship

97.7%

2023 Citizenship

As of 2024, 97.1% of Rico, CO residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Rico, CO was 97.7%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Rico, CO compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Rico, CO

White (Non-Hispanic)
332 ± 128
American Indian & Alaska Native (Non-Hispanic)
29 ± 30
Two Races Including Other (Non-Hispanic)
23 ± 31

1.21%

Hispanic Population

5 people

1.21% of the people in Rico, CO are hispanic (5 people).

The following chart shows the 8 races represented in Rico, CO as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Colorado.

Most Common Origin

Mexico
205,206 ± 10,925 people
India
23,918 ± 3,789 people
China
18,011 ± 3,290 people

In 2024, the most common birthplace for the foreign-born residents of Colorado was Mexico, the natal country of 205,206 Colorado residents, followed by India with 23,918 and China with 18,011.

Foreign-Born Population

2.9%

2024 Foreign-Born Population

12 people

7.14%

2023 Foreign-Born Population

28 people

As of 2024, 2.9% of Rico, CO residents (12 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Rico, CO was 7.14%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Rico, CO compared to that of it's neighboring and parent geographies.

Military

Veterans

Vietnam

Most Common Service Period

14 ± 27

The chart shows the distribution of veterans by conflict in Rico, CO.

Economy

The economy of Rico, CO employs 275 people. In 2024, the largest industries in Rico, CO were Educational Services (62 people), Accommodation & Food Services (53 people), and Public Administration (47 people), and the highest paying industries were Professional, Scientific, & Management, & Administrative & Waste Management Services ($250,001), Professional, Scientific, & Technical Services ($250,001), and Educational Services, & Health Care & Social Assistance ($53,000).

Employment

Occupations

275

2024 Value

± 111

−4.51%

1 Year decline

± 58.1%

From 2023 to 2024, employment in Rico, CO declined at a rate of −4.51%, from 288 employees to 275 employees.

The most common job groups, by number of people living in Rico, CO, are Sales & Related Occupations (61 people), Management Occupations (54 people), and Education Instruction, & Library Occupations (36 people). This chart illustrates the share breakdown of the primary jobs held by residents of Rico, CO.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Colorado.

This chart shows weekly unemployment insurance claims in Colorado (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

275

2024 Value

± 111

−4.51%

1 Year decline

± 58.1%

From 2023 to 2024, employment in Rico, CO declined at a rate of −4.51%, from 288 employees to 275 employees.

The most common employment sectors for those who live in Rico, CO, are Educational Services (62 people), Accommodation & Food Services (53 people), and Public Administration (47 people). This chart shows the share breakdown of the primary industries for residents of Rico, CO, though some of these residents may live in Rico, CO and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$61,250

Median earning men ± $16,321

$50,202

Median earning women ± $2,450

The industries with the best median earnings for men in 2024 are Construction ($48,636) and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($26,875).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($49,352) and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($43,077).

Housing & Living

The median property value in Rico, CO was $560,400 in 2024, which is 1.68 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $545,000 to $560,400, a 2.83% increase. The homeownership rate in Rico, CO is 87.2%, which is higher than the national average of 65.2%.

People in Rico, CO have an average commute time of 32 minutes, and they drove alone to work. Car ownership in Rico, CO is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$560,400

Median Property Value 2024

±$73,748

$184

Median Property Taxes

±$72

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Rico, CO the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Rico, CO compared to it's parent and neighbor geographies.

Rent vs Own

87.2%

Homeownership

2024

62.2%

Homeowners with Mortgage

2024

In 2024, 87.2% of the housing units in Rico, CO were occupied by their owner. This percentage grew from the previous year's rate of 79%.

This chart shows the percentage of owner in Rico, CO compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$104,250

Median Household Income

± $60,411

211

Number of Households

± 74

In 2024, the median household income of the 211 households in Rico, CO grew to $104,250 from the previous year's value of $101,250.

The following chart displays the households in Rico, CO distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $150k - $200k range.

Wage Distribution

The closest comparable wage GINI for Rico, CO is from Colorado.

0.46

2024 Wage GINI in Colorado

0.462

2023 Wage GINI in Colorado

In 2024, the income inequality in Colorado was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.498% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Colorado was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Colorado in comparison to the national average.

This chart shows the number of workers in Colorado across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (45.5%)
Carpooled (21.2%)
Walked (17.6%)

In 2024, 45.5% of workers in Rico, CO drove alone to work, followed by those who carpooled to work (21.2%) and those who walked to work (17.6%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

32 minutes

Average Travel Time

Using averages, employees in Rico, CO have a longer commute time (32 minutes) than the normal US worker (26.4 minutes). Additionally, 3.2% of the workforce in Rico, CO have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Rico, CO compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Rico, CO distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Rico, CO have 2 cars.

Poverty

Poverty & Diversity

17.6% of the population for whom poverty status is determined in Rico, CO (73 out of 414 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 75+, followed by Males 16 - 17 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Rico, CO is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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