Twin Lakes, CO

Census Place

2024 Population

8,030

US Senator

Michael Bennet

Democratic Party

US Senator

John Hickenlooper

Democratic Party

2024 Median Age

36.7

4.18% 1-year decrease

2024 Poverty Rate

9.83%

51% 1-year increase

2024 Median Household Income

$95,583

1.88% 1-year growth

2024 Median Property Value

$587,500

Population & Diversity

Twin Lakes, CO is home to a population of 8.03k people, from which 89.6% are citizens.

As of 2024, 13.3% of Twin Lakes, CO residents were born outside of the country (1.07k people).

In 2024, there were 1.8 times more White (Non-Hispanic) residents (3.17k people) in Twin Lakes, CO than any other race or ethnicity. There were 1.76k Two Races Including Other (Hispanic) and 1.08k Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

89.6%

2024 Citizenship

88%

2023 Citizenship

As of 2024, 89.6% of Twin Lakes, CO residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Twin Lakes, CO was 88%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Twin Lakes, CO

White (Non-Hispanic)
3.17k ± 537
Two Races Including Other (Hispanic)
1.76k ± 861
Other (Hispanic)
1.08k ± 405

52.8%

Hispanic Population

4.24k people

52.8% of the people in Twin Lakes, CO are hispanic (4.24k people).

The following chart shows the 8 races represented in Twin Lakes, 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

13.3%

2024 Foreign-Born Population

1.07k people

17.1%

2023 Foreign-Born Population

1.42k people

As of 2024, 13.3% of Twin Lakes, CO residents (1.07k 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 Twin Lakes, CO was 17.1%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
63 ± 56
Vietnam
42 ± 45

Twin Lakes, CO has a large population of military personnel who served in Gulf War (2001-), 1.5 times greater than any other conflict.

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

Economy

The economy of Twin Lakes, CO employs 4.63k people. In 2024, the largest industries in Twin Lakes, CO were Retail Trade (646 people), Professional, Scientific, & Technical Services (604 people), and Educational Services (500 people), and the highest paying industries were Information ($195,795), Professional, Scientific, & Technical Services ($156,389), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($146,875).

Employment

Occupations

4.63k

2024 Value

± 645

−6.36%

1 Year decline

± 19.3%

From 2023 to 2024, employment in Twin Lakes, CO declined at a rate of −6.36%, from 4.94k employees to 4.63k employees.

The most common job groups, by number of people living in Twin Lakes, CO, are Management Occupations (686 people), Material Moving Occupations (599 people), and Construction & Extraction Occupations (475 people). This chart illustrates the share breakdown of the primary jobs held by residents of Twin Lakes, 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

4.63k

2024 Value

± 645

−6.36%

1 Year decline

± 19.3%

From 2023 to 2024, employment in Twin Lakes, CO declined at a rate of −6.36%, from 4.94k employees to 4.63k employees.

The most common employment sectors for those who live in Twin Lakes, CO, are Retail Trade (646 people), Professional, Scientific, & Technical Services (604 people), and Educational Services (500 people). This chart shows the share breakdown of the primary industries for residents of Twin Lakes, CO, though some of these residents may live in Twin Lakes, CO and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$53,056

Median earning men ± $9,030

$59,353

Median earning women ± $8,819

The industries with the best median earnings for men in 2024 are Information ($196,875), Professional, Scientific, & Management, & Administrative & Waste Management Services ($155,278), and Public Administration ($121,659).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($126,250), Manufacturing ($110,163), and Transportation & Warehousing, & Utilities ($91,875).

Housing & Living

The median property value in Twin Lakes, CO was $587,500 in 2024, which is 1.77 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $526,700 to $587,500, a 11.5% increase. The homeownership rate in Twin Lakes, CO is 75.1%, which is higher than the national average of 65.2%.

People in Twin Lakes, CO have an average commute time of 29.7 minutes, and they drove alone to work. Car ownership in Twin Lakes, CO is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$587,500

Median Property Value 2024

±$57,304

$2,535

Median Property Taxes

±$454

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 Twin Lakes, CO the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

75.1%

Homeownership

2024

67.6%

Homeowners with Mortgage

2024

In 2024, 75.1% of the housing units in Twin Lakes, CO were occupied by their owner. This percentage grew from the previous year's rate of 71.6%.

This chart shows the percentage of owner in Twin Lakes, 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.

$95,583

Median Household Income

± $20,439

3.38k

Number of Households

± 533

In 2024, the median household income of the 3.38k households in Twin Lakes, CO grew to $95,583 from the previous year's value of $93,818.

The following chart displays the households in Twin Lakes, 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 Twin Lakes, 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 (67.1%)
Worked At Home (16.5%)
Carpooled (13.2%)

In 2024, 67.1% of workers in Twin Lakes, CO drove alone to work, followed by those who worked at home (16.5%) and those who carpooled to work (13.2%).

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

29.7 minutes

Average Travel Time

Using averages, employees in Twin Lakes, CO have a longer commute time (29.7 minutes) than the normal US worker (26.4 minutes). Additionally, 3.69% of the workforce in Twin Lakes, CO have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

9.83% of the population for whom poverty status is determined in Twin Lakes, CO (789 out of 8.03k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 25 - 34, followed by Males 6 - 11 and then Females 75+.

The most common racial or ethnic group living below the poverty line in Twin Lakes, CO is White, followed by Hispanic and Other.

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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