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Cheraw, Colorado Demographics & Population 2026

During the 2020–2024 ACS period, Cheraw, Colorado had a total population of 188, the 371st largest town in Colorado, with a median household income of $52,857, which is 45% lower than the state average. The poverty rate is 14.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Cheraw Quick Facts

Population 188
Median Household Income $52,857
Median Home Value $125,000
Poverty Rate 14.9%
Unemployment Rate 6.6%
Median Age 55.7 years
Homeownership Rate 71.4%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 11.7%
High School Graduation Rate 94.2%
Diversity Index 34/100
Population 188 371st of 472
Median Income $52,857 bottom 30%
Poverty Rate 14.9% 20% higher than national
Median Home Value $125,000 bottom 10%

How Cheraw Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population211188-10.9%
Median household income$38,542$52,857+37.1%
Median home value$97,900$125,000+27.7%

How Cheraw Compares

Economy & Housing

Household Income Distribution

Under $25K 27.6%
$25K-$50K 21.4%
$50K-$100K 39.8%
$100K+ 11.2%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
16.3%
$15K-$20K
7.1%
$20K-$25K
4.1%
$25K-$30K
9.2%
$30K-$35K
2.0%
$35K-$40K
4.1%
$40K-$45K
6.1%
$45K-$50K
0.0%
$50K-$60K
10.2%
$60K-$75K
6.1%
$75K-$100K
23.5%
$100K-$125K
3.1%
$125K-$150K
2.0%
$150K-$200K
0.0%
$200K+
6.1%

Employment

6.6% Unemployment Rate State: 4.6%|National: 5.2%
46.6% Labor Force Participation

Housing Overview

Owner 71.4%
Renter 28.6%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $1,021/mo 23.2% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 52 | National average: 61

Education

Cheraw Rankings in Colorado

#371 Population of 472
#316 Median Income of 399
#403 Education of 472
#383 Home Value of 412

Other Cities in Otero County

CityPopulationMedian IncomePovertyHome Value
La Junta 7,140 $52,315 27.4% $194,800
Rocky Ford 3,815 $40,655 31.7% $143,900
Fowler 936 $44,048 18.5% $143,900
North La Junta 535 $47,941 5.1% $120,800
Swink 422 $44,219 6.6% $163,000
Manzanola 361 $36,010 8.6% $128,300
La Junta Gardens 112 $83,701 0.0% $230,300

Cities Similar to Cheraw

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Smeltertown188N/AN/A11.5%76.6%
Capulin185N/AN/A33.7%0.0%
Vilas184N/A$65,00016.2%34.8%
Seven Hills183N/AN/A0.0%0.0%
Echo Hills180N/A$920,700100.0%6.1%

A note before these figures: with a population of 188, Cheraw's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Cheraw is a small community located in Colorado, within Otero County. The total population is 188. It ranks as the 371st most populous out of 472 Census-designated places in Colorado.

Age Demographics

The median age in Cheraw is 55.7 years. This is 48% higher than the state median of 37.7 years. Only 13.3% of residents are under 18, indicating fewer families with children. 11.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Cheraw is $52,857. This is 45% lower than the state median of $95,470. It is also 35% lower than the national median of $80,734. The poverty rate stands at 14.9%. This is 58% higher than the state poverty rate of 9.4%. The unemployment rate is 6.6%. This is 42% higher than the state rate of 4.6%. The median home value is $125,000. Housing costs are 77% lower than the state median of $539,400. With a home-value-to-income ratio of just 2.4x, Cheraw is one of the most affordable housing markets in the area. 71.4% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 66.2%.

Race & Ethnicity

The largest racial or ethnic group in Cheraw is White (non-Hispanic), making up 79.8% of the population. Hispanic or Latino residents account for 12.2%.

Education

11.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 74% lower than the state rate of 45.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.2%.

Data Sources & Methodology

All demographic data for Cheraw, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 472 Census-designated places in Colorado. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Cheraw, Colorado?

Cheraw, Colorado has a population of 188 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cheraw, CO?

The median household income in Cheraw is $52,857, which is 35% lower than the national median of $80,734.

What is the poverty rate in Cheraw, CO?

The poverty rate in Cheraw is 14.9%. This means approximately 28 residents live below the federal poverty line.

What is the racial makeup of Cheraw, Colorado?

Cheraw's population is 79.8% White, 0.0% Black, 12.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Cheraw, CO?

The median home value in Cheraw is $125,000. The home-value-to-income ratio is 2.4x.

How educated is Cheraw, Colorado?

11.7% of adults (25+) in Cheraw hold a bachelor's degree or higher, and 2.6% hold a graduate or professional degree.