Monte Vista, CO Profile: Facts & Data (2024)

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Monte Vista, Colorado - Basic Facts

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The City of Monte Vistahada population of 4,230 as of July 1, 2023.Monte Vista ranks inthe upper quartile for Population Density and Diversity Indexwhen compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Monte Vista is located at latitude 37.5792 and longitude-106.1481 in Rio Grande County.The formal boundaries for the City of Monte Vista encompass a land area of 2.59 sq. miles and a water area of 0.02 sq. miles.Rio Grande County is in the Mountain time zone (GMT -7).

The City of Monte Vista has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Monte Vista is located within Monte Vista Division of Rio Grande County.


Jump to... (On This Page!)

  1. Monte Vista 2023 Demographic Data
  2. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Colorado Data Comparison Tool - 2023 Demographics

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Monte Vista, CO Data & Demographics (As of July 1, 2023)

POPULATION

Total Population4,230 (100%)
Population in Households4,193 (99.1%)
Population in Families3,344 (79.1%)
Population in Group Quarters137 ( 0.9%)
Population Density1,604
Diversity Index278

INCOME

Median Household Income$43,876
Average Household Income$64,325
% of Income for Mortgage4 22%
Per Capita Income$26,810
Wealth Index5 42
Socioeconomic Status Index6Low (43.1)

HOUSING

Total HU (Housing Units)1,950 (100%)
Owner Occupied HU979 (50.2%)
Renter Occupied HU783 (40.2%)
Vacant Housing Units188 ( 9.6%)
Median Home Value$161,466
Average Home Value$190,271
Housing Affordability Index3116

HOUSEHOLDS

Total Households1,762
Average Household Size 2.38
Family Households1,131
Average Family Size 3.00

NOTES

  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-20232023-2028
Population -0.12% -0.41%
Households -0.14% -0.06%
Families -0.30%
Median Household Income 2.57%
Per Capita Income 2.78%
Owner Occupied HU 0.67%

Monte Vista, CO - Peer Comparisons by Rank and Percentile

The table below compares Monte Vista to the other 482 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable DescriptionRankPercentile
Total Population# 12574th
Population Density# 11277th
Median Household Income# 4419th
Housing Affordability Index# 43189th
Per Capita Income# 43410th
Diversity Index# 3793rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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Monte Vista, CO Profile: Facts & Data (2024)

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