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Lake Colorado

Learn about the people, housing, costs and businesses in Lake Colorado, Texas

Median Home$83,607
Median Rent$442/month
Population755
Leading IndustriesManufacturing · Information & Media · Public Administration3% manufacturing
Retirees25% of residentsabove average nationally
Homeowners77% of occupied units
NotableAffordable Market$84k median home · lower cost than 96% of the country
NotableVeteran Community11% of residents · top 9% nationally
Lake Colorado City
TX

Frequently Asked Questions

What are today's mortgage rates in Lake Colorado?

As of today, the 30-year fixed mortgage rate for Lake Colorado is approximately 7.050% (7.091% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lake Colorado?

The median home value in Lake Colorado is $84k. The median monthly rent is $442. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Lake Colorado?

Based on a typical all-in ownership cost of $591/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Colorado is $56k/year.

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What industries drive the economy in Lake Colorado?

The largest employment sectors in Lake Colorado are public administration (31%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.