C-

Canon City, CO

Source:

Affordability Score: 51/100

Population: 29,742 · 1 ZIP codes

The affordability dashboard for Canon City, CO aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 29,742 residents, then layers in county-level federal data to produce an overall grade of C- (51/100). The headline inputs are median household income of $64,235, median home value of $329,000, median rent of $1,097 per month, and 22.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,244 per month (studio $942, 1BR $948, 3BR $1,593, 4BR $1,647). Department of Labor data lists infant center-based childcare at $8,635 per year, consuming 13% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are education, housing. Unemployment currently reads 4.6% and poverty 13.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$64,235
Median household income
Education F
22.1%
Bachelor's degree or higher
Housing F
5.1x
Home value $329,000 vs income
Commute B
21 min
Average commute time
Rent B
$1,244/mo
2BR fair market rent (23% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C
$8,635/yr
Center-based infant care (13% of income)

Income & Employment

Median Income
$64,235
▲ 4% vs national
Per Capita Income
$29,097
Unemployment Rate
4.6%
Poverty Rate
13.4%

Housing

Median Home Value
$329,000
▲ 20% vs national
Median Rent
$1,097/mo
Owner Occupied
73.0%
2BR Fair Market Rent
$1,244/mo
▲ 4% vs national

Fair Market Rents by Bedroom

Studio
$942
1BR
$948
2BR
$1,244
3BR
$1,593
4BR
$1,647

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
22.1%
▼ 8 ppt vs national
High School+
63.5%
Median Age
44.4
Avg. Commute
21 min
▼ 5 min vs national

Childcare Costs

Infant (Center)
$8,635/yr
13% of income
Toddler (Center)
$7,985/yr
Preschool (Center)
$12,607/yr
School-Age (Center)
$10,845/yr

What This Means

Canon City, CO receives an overall affordability grade of C- (51/100), aggregated from 1 ZIP codes with a total population of 29,742. Challenges include education and housing. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Canon City ZIP Codes
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What are common questions about this dashboard?

Is Canon City, CO affordable?
Canon City, CO receives an overall affordability grade of C- (51/100) based on Census, HUD, FBI, and DOL data. Median household income is $64,235. Median home value is $329,000.
What is the cost of living in Canon City?
Key cost metrics: Median rent $1,097/mo. 2BR fair market rent $1,244/mo. Infant childcare $8,635/yr. Median home value $329,000.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →