Welby, CO

Census Place

2024 Population

16,197

US Senator

Michael Bennet

Democratic Party

US Senator

John Hickenlooper

Democratic Party

2024 Median Age

3.24% 1-year increase

2024 Poverty Rate

12.6%

33.3% 1-year increase

2024 Median Household Income

$80,026

2.11% 1-year growth

2024 Median Property Value

$385,000

Population & Diversity

Welby, CO is home to a population of 16.2k people, from which 86.7% are citizens.

As of 2024, 20.3% of Welby, CO residents were born outside of the country (3.29k people).

In 2024, there were 1.52 times more White (Non-Hispanic) residents (5.5k people) in Welby, CO than any other race or ethnicity. There were 3.62k Two Races Including Other (Hispanic) and 2.55k White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

86.7%

2024 Citizenship

87.3%

2023 Citizenship

As of 2024, 86.7% of Welby, CO residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Welby, CO was 87.3%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Welby, CO

White (Non-Hispanic)
5.5k ± 816
Two Races Including Other (Hispanic)
3.62k ± 1.06k
White (Hispanic)
2.55k ± 906

59.1%

Hispanic Population

9.58k people

59.1% of the people in Welby, CO are hispanic (9.58k people).

The following chart shows the 8 races represented in Welby, 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

20.3%

2024 Foreign-Born Population

3.29k people

20%

2023 Foreign-Born Population

3.25k people

As of 2024, 20.3% of Welby, CO residents (3.29k 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 Welby, CO was 20%, meaning that the rate has been increasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
83 ± 60
Vietnam
62 ± 53
Gulf War (1990s)
59 ± 53

Welby, CO has a large population of military personnel who served in Gulf War (2001-), 1.34 times greater than any other conflict.

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

Economy

The economy of Welby, CO employs 8.97k people. In 2024, the largest industries in Welby, CO were Construction (1,585 people), Retail Trade (1,101 people), and Manufacturing (819 people), and the highest paying industries were Finance & Insurance ($75,616), Finance & Insurance, & Real Estate & Rental & Leasing ($75,515), and Utilities ($68,827).

Employment

Occupations

8.97k

2024 Value

± 892

3.3%

1 Year growth

± 14.1%

From 2023 to 2024, employment in Welby, CO grew at a rate of 3.3%, from 8.68k employees to 8.97k employees.

The most common job groups, by number of people living in Welby, CO, are Construction & Extraction Occupations (1,211 people), Office & Administrative Support Occupations (1,143 people), and Sales & Related Occupations (852 people). This chart illustrates the share breakdown of the primary jobs held by residents of Welby, 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

8.97k

2024 Value

± 892

3.3%

1 Year growth

± 14.1%

From 2023 to 2024, employment in Welby, CO grew at a rate of 3.3%, from 8.68k employees to 8.97k employees.

The most common employment sectors for those who live in Welby, CO, are Construction (1,585 people), Retail Trade (1,101 people), and Manufacturing (819 people). This chart shows the share breakdown of the primary industries for residents of Welby, CO, though some of these residents may live in Welby, CO and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$47,145

Median earning men ± $4,336

$40,752

Median earning women ± $7,251

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($132,708), Public Administration ($86,287), and Educational Services, & Health Care & Social Assistance ($66,083).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($75,460), Other Services Except Public Administration ($65,676), and Public Administration ($58,393).

Housing & Living

The median property value in Welby, CO was $385,000 in 2024, which is 1.16 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $347,700 to $385,000, a 10.7% increase. The homeownership rate in Welby, CO is 72.5%, which is higher than the national average of 65.2%.

People in Welby, CO have an average commute time of 27.7 minutes, and they drove alone to work. Car ownership in Welby, CO is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$385,000

Median Property Value 2024

±$24,080

$4,272

Median Property Taxes

±$618

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 Welby, CO the largest share of households pay taxes in the $2k - $3k range.

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

Rent vs Own

72.5%

Homeownership

2024

69.7%

Homeowners with Mortgage

2024

In 2024, 72.5% of the housing units in Welby, CO were occupied by their owner. This percentage declined from the previous year's rate of 74%.

This chart shows the percentage of owner in Welby, 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.

$80,026

Median Household Income

± $13,283

5.89k

Number of Households

± 793

In 2024, the median household income of the 5.89k households in Welby, CO grew to $80,026 from the previous year's value of $78,375.

The following chart displays the households in Welby, 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 $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Welby, 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 (70.1%)
Carpooled (16.1%)
Worked At Home (10.2%)

In 2024, 70.1% of workers in Welby, CO drove alone to work, followed by those who carpooled to work (16.1%) and those who worked at home (10.2%).

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

27.7 minutes

Average Travel Time

Using averages, employees in Welby, CO have a longer commute time (27.7 minutes) than the normal US worker (26.4 minutes). Additionally, 2.27% of the workforce in Welby, CO have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

12.6% of the population for whom poverty status is determined in Welby, CO (2.03k out of 16.1k 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 Females 35 - 44, followed by Females 25 - 34 and then Males 6 - 11.

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

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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