Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 65.3 yrs |
|---|---|
| Avg HH Size | 2.02 |
| Below Poverty | 20.5% ▲ 105% above avg |
| College Grads | 38.9% ≈ Avg |
| HS Graduate | 47 (32.6%) |
| Some College | 34 (23.6%) |
| Associates | 7 (4.9%) |
| Bachelors | 16 (11.1%) |
| Graduate Degree | 40 (27.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $43,750 ▼ 43% below avg |
|---|---|
| Median Home Value | $179,400 ▼ 36% below avg |
| Home/Income Ratio | 4.1x (nat avg ~3.5x) |
| Median Rent | $617/mo |
| Total Housing Units | 107 |
| Vacant Units | 13 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Karval is a city in Colorado, located in Lincoln County. The city spans 1 ZIP code and is home to approximately 190 residents. It is an older city, with a median age of 65.3 years.
Economically, Karval is a working-class community. The median household income of $43,750 is below the national average. Approximately 20.5% of residents live below the poverty line.
The real estate market in Karval is an affordable housing market. Median home values stand at $179,400, which is below the national average. Renters typically pay around $617 per month. Homeownership is high at 72.3%, typical of suburban and family-oriented communities.
The population of Karval is moderately educated. 38.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (96.32%).
Karval, CO offers residents a cost-conscious lifestyle within Colorado.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 80823 | 190 | $43,750 | $179,400 | $617 | 0.0% | 38.9% | 72.3% |