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Cheyenne Wells, Colorado Demographics & Population 2026

During the 2020–2024 ACS period, Cheyenne Wells, Colorado had a total population of 979, the 224th largest town in Colorado, with a median household income of $72,759, which is 24% lower than the state average. The poverty rate is 11.1%.

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

Key Takeaways

Cheyenne Wells Quick Facts

Population 979
Median Household Income $72,759
Median Home Value $173,100
Poverty Rate 11.1%
Unemployment Rate 0.2%
Median Age 43.5 years
Homeownership Rate 67.6%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 25.6%
High School Graduation Rate 89.4%
Diversity Index 37/100
Population 979 224th of 472
Median Income $72,759 average
Poverty Rate 11.1% 11% lower than national
Median Home Value $173,100 bottom 20%

How Cheyenne Wells 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
Population949979+3.2%
Median household income$61,705$72,759+17.9%
Median home value$159,800$173,100+8.3%

How Cheyenne Wells Compares

Economy & Housing

Household Income Distribution

Under $25K 18.4%
$25K-$50K 18.4%
$50K-$100K 31.1%
$100K+ 32.0%
Detailed income brackets
Under $10K
5.8%
$10K-$15K
2.1%
$15K-$20K
3.6%
$20K-$25K
6.9%
$25K-$30K
4.7%
$30K-$35K
1.7%
$35K-$40K
1.9%
$40K-$45K
4.9%
$45K-$50K
5.1%
$50K-$60K
7.3%
$60K-$75K
11.4%
$75K-$100K
12.4%
$100K-$125K
10.1%
$125K-$150K
12.4%
$150K-$200K
2.8%
$200K+
6.7%

Employment

0.2% Unemployment Rate State: 4.6%|National: 5.2%
67.5% Labor Force Participation

Housing Overview

Owner 67.6%
Renter 32.4%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $943/mo 15.6% of median household income annually

People & Demographics

Diversity Index

37out 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

Cheyenne Wells Rankings in Colorado

#224 Population of 472
#239 Median Income of 399
#290 Education of 472
#340 Home Value of 412

Other Cities in Cheyenne County

CityPopulationMedian IncomePovertyHome Value
Kit Carson 273 $59,875 3.0% $150,000
Arapahoe 53 $106,667 0.0% N/A

Cities Similar to Cheyenne Wells

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ouray985$78,182$588,30063.8%3.5%
Aetna Estates1,010$74,853$50,80012.4%1.1%
Gilcrest1,026N/A$321,9005.6%18.4%
Haxtun978$63,375$233,30026.2%29.8%
Log Lane Village964$61,250$149,2003.6%13.1%

A note before these figures: with a population of 979, Cheyenne Wells'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

Cheyenne Wells is a small community located in Colorado, within Cheyenne County. The total population is 979. It ranks as the 224th most populous out of 472 Census-designated places in Colorado.

Age Demographics

The median age in Cheyenne Wells is 43.5 years. This is 15% higher than the state median of 37.7 years.

Economy, Income & Housing

The median household income in Cheyenne Wells is $72,759. This is 24% lower than the state median of $95,470. It is also 10% lower than the national median of $80,734. The poverty rate stands at 11.1%. This is 17% higher than the state poverty rate of 9.4%. The unemployment rate is 0.2%. This is 96% lower than the state rate of 4.6%. The median home value is $173,100. Housing costs are 68% lower than the state median of $539,400. With a home-value-to-income ratio of just 2.4x, Cheyenne Wells is one of the most affordable housing markets in the area. 67.6% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 66.2%.

Race & Ethnicity

The largest racial or ethnic group in Cheyenne Wells is White (non-Hispanic), making up 77.9% of the population. Hispanic or Latino residents account for 8.4%. The Black or African American population (1.2%) is well below the state average of 3.8%. The Hispanic or Latino population (8.4%) is well below the state average of 22.5%.

Education

25.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% 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 89.4%.

Data Sources & Methodology

All demographic data for Cheyenne Wells, 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 Cheyenne Wells, Colorado?

Cheyenne Wells, Colorado has a population of 979 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cheyenne Wells, CO?

The median household income in Cheyenne Wells is $72,759, which is 10% lower than the national median of $80,734.

What is the poverty rate in Cheyenne Wells, CO?

The poverty rate in Cheyenne Wells is 11.1%. This means approximately 105 residents live below the federal poverty line.

What is the racial makeup of Cheyenne Wells, Colorado?

Cheyenne Wells's population is 77.9% White, 1.2% Black, 8.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Cheyenne Wells, CO?

The median home value in Cheyenne Wells is $173,100. The home-value-to-income ratio is 2.4x.

How educated is Cheyenne Wells, Colorado?

25.6% of adults (25+) in Cheyenne Wells hold a bachelor's degree or higher, and 10.6% hold a graduate or professional degree.