The Town FilesLake Colorado City, Texas
Community in Mitchell County · population 636 (2020 Census)
- Median home
- $57,600
- Household income
- $54,074
- Jan low / Jul high
- 28° / 97°
- Snow a year
- 2 in
- Tornadoes ≤10 mi since 1950
- 25
- Median age
- 49.5
Lake Colorado City is a community of 636 people in Mitchell County, Texas. The median home is worth $57,600, below the typical Texas town ($184,100). It ranks better for a vacation home than 93% of Texas towns, better transit than 88% of Texas towns, quieter than 87% of Texas towns.
How Lake Colorado City ranks
Percentile among Texas towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Texas towns.
Homes and cost of living
The median home in Lake Colorado City is worth $57,600, below the typical Texas town ($184,100). Homes cost about 1.1 times the median household income of $54,074, which is more affordable than 99% of Texas towns. Median rent is $617 a month. 79.9% of households own their home.
| Housing | Lake Colorado City | Typical Texas town |
|---|---|---|
| Median home value | $57,600 | $184,100 |
| Median rent | $617 | $1,086 |
| Median household income | $54,074 | $65,842 |
| Home value ÷ income | 1.1× | 2.9× |
| Homeownership | 79.9% | 72.9% |
| Median year built | 1977 | 1985 |
| Seasonal / vacation homes | 24.8% | — |
Who lives in Lake Colorado City
| People | Lake Colorado City | Typical Texas town |
|---|---|---|
| Median age | 49.5 | 37.1 |
| Age 65 and over | 25.1% | 15.6% |
| Under 18 | 7.2% | — |
| Bachelor's degree or higher | 10.9% | 18.9% |
| Below the poverty line | 11.4% | 13.1% |
| Veterans | 7.6% | — |
| Born outside the U.S. | 0.4% | — |
| Work from home | 8.8% | 7.8% |
| Average commute | 31.1 min | 26.1 min |
| Homes with broadband | 74.6% | 89.2% |
Weather in Lake Colorado City
July highs average 96.7°F and January lows 28.2°F. About 22.0 inches of rain and melted snow fall a year, with 1.6 inches of snow (typical Texas town: 0.2 in). Expect about 112 days a year at 90°F or hotter and 76 nights at or below freezing.
Tornadoes, storms and disasters
25 tornadoes have passed within 10 miles of Lake Colorado City since 1950, compared with 21 for the typical Texas town. 1 rated (E)F2 or stronger. The strongest, an F2, struck on May 27, 1982 about 8.8 miles from the town center. The most recent was on May 14, 2008.
Hail of 1 inch or larger has been reported within 10 miles 111 times; the largest was 4.50 inches on June 11, 1999.
Severe weather in Mitchell County since 1996
Mitchell County has been included in 14 federal disaster or emergency declarations since 1953, most often for fire, drought, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| February 19, 2021 | Severe Ice Storm | DR-4586: Severe Winter Storms |
| February 14, 2021 | Severe Ice Storm | EM-3554: Severe Winter Storm |
| March 25, 2020 | Biological | DR-4485: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3458: Covid-19 |
| July 1, 2011 | Fire | DR-1999: Wildfires |
Jobs and pay in Mitchell County
Mitchell County had 2,020 jobs in 2024, paying an average of $58,026 a year. Unemployment was 4% in 2023; in Lake Colorado City itself the ACS puts it at 3.6%.
Towns near Lake Colorado City
- Colorado City, TX5.9 mi · 3,991 people · home $69,500
- Loraine, TX13.8 mi · 504 people · home $60,500
- Coahoma, TX22.0 mi · 945 people · home $172,700
- Sand Springs, TX24.4 mi · 878 people · home $121,100
- Roscoe, TX24.5 mi · 1,271 people · home $90,500
- Snyder, TX25.4 mi · 11,438 people · home $104,000
Lake Colorado City questions
Is Lake Colorado City, Texas a good place to retire?
On The Town Files lifestyle rankings, Lake Colorado City scores better for retirees than 75% of Texas towns and quieter than 87%. 25.1% of residents are 65 or older (median age 49.5).
How much does a house cost in Lake Colorado City?
The median owner-occupied home in Lake Colorado City is valued at $57,600 (Census ACS 2020–2024), against a median household income of $54,074, so homes cost about 1.1 times income. Median rent is $617 a month.
What is the weather like in Lake Colorado City?
July highs average 96.7°F and January lows 28.2°F (NOAA 1991–2020 normals). It gets about 22.0 inches of precipitation a year and 1.6 inches of snow.
Does Lake Colorado City get tornadoes?
25 tornadoes have passed within 10 miles of Lake Colorado City since 1950 (NOAA Storm Events); the strongest was a F2 on May 27, 1982. The typical Texas town has had 21.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)