City

Cheraw, CO

1 ZIP code  ·  Otero County  ·  Colorado

👥153Population
💰$37,083Median HH Income▼ 51% below avg
🎂61.4Median Age
🏠$97,200Median Home Value▼ 65% below avg
🎓30.8%College Grads▼ 21% below avg
📊8.3%Unemployment▲ 70% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 59.5% Female 40.5% ♀

Race & Ethnicity

White: 78.4%Hispanic: 9.8%Other: 11.8%Race
White78.4%
Hispanic9.8%
Other11.8%

Age Breakdown

Under 5
1%
5–17
7%
18–24
12%
25–44
15%
45–64
27%
65+
25%

Key Indicators

Median Age61.4 yrs
Avg HH Size1.56
Below Poverty19.0% ▲ 90% above avg
College Grads30.8% ▼ 21% below avg
Unemployment8.3% ▲ 70% above avg
HS Graduate44 (37.6%)
Some College16 (13.7%)
Associates21 (17.9%)
Bachelors25 (21.4%)
Graduate Degree11 (9.4%)

Education

HS Grad: 37.6%Some College: 13.7%Associates: 17.9%Bachelors: 21.4%Graduate: 9.4%Edu
HS Grad37.6%
Some College13.7%
Associates17.9%
Bachelors21.4%
Graduate9.4%
Housing & Income

Housing Tenure

Owner: 72.5%Renter: 27.6%Tenure
Owner72.5%
Renter27.6%

Home Value Distribution

Under $50k
10%
$50k–$100k
44%
$100k–$150k
20%
$150k–$200k
20%
$200k–$300k
6%
$300k–$500k
1%

Financials

Median HH Income$37,083 ▼ 51% below avg
Median Home Value$97,200 ▼ 65% below avg
Home/Income Ratio2.6x (nat avg ~3.5x)
Median Rent$1,081/mo
Total Housing Units98

Income Distribution

Under $25k
29%
$25k–$50k
31%
$50k–$75k
24%
$75k–$100k
14%
$100k–$150k
3%
Employment & Commute

How People Get to Work

Drove Alone
84%
Walked
9%
Work From Home
7%

Commute Time

Under 15 min
35%
15–30 min
31%
30–45 min
32%
Over 45 min
2%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
18%
1960s–1970s
6%
1980s–1990s
7%
2000+
65%
About Cheraw, CO

Cheraw is a city in Colorado, located in Otero County. The city spans 1 ZIP code and is home to approximately 153 residents. It is an older city, with a median age of 61.4 years.

Economically, Cheraw is a lower-income community. The median household income of $37,083 is well below the national average. Approximately 19.0% of residents live below the poverty line. The unemployment rate is 8.3%, significantly above the national average.

The real estate market in Cheraw is one of the more affordable housing markets in the country. Median home values stand at $97,200, which is well below the national average. Renters typically pay around $1,081 per month. Homeownership is high at 72.5%, typical of suburban and family-oriented communities.

The population of Cheraw is moderately educated. 30.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (78.43%).

Cheraw, CO offers residents a cost-conscious lifestyle within Colorado.

ZIP Codes in Cheraw
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
81030 153 $37,083 $97,200 $1,081 8.3% 30.8% 72.5%