Everything You Should Know Before Moving to Rico, CO
Considering a move to Rico, CO? This small mountain town of 265 residents offers a peaceful lifestyle, affordable rents around $1,250, and a median home price of $430,000. With low crime rates, a short average commute of 23.5 minutes, and excellent outdoor access, Rico is great for those seeking tranquility and natural beauty. While local schools are limited, nearby Telluride offers quality education, and the climate brings crisp winters and pleasant summers. Explore Rico’s tight-knit community for your next adventure!
Demographics - Rico, CO
Rico is a small mountain town with a population of 265, characterized by a predominantly White community and a median age of 48.2 years. The area has a slightly higher male-to-female ratio and a very low percentage of non-English speakers, promoting a close-knit, familiar environment.
Population:
265
Density:
440 per sq mi
Median Age:
48.2
Gender Ratio:
114 males per 100 females
Non-English Speakers Percentage:
3.1%
Ethnic Composition
White:
92.5%
Cost Of Living
What is the average cost of living in Rico, CO?
The cost of living in Rico is above the national average, with a median home value of $430,000 and average rent around $1,250. While utilities and groceries are reasonably priced, housing costs are notably higher, reflecting the town's desirable mountain setting.
Median House Value:
$430,000
Gross Rent:
$1,250
Monthly Electricity Charges:
$110
Auto Insurance:
$1,420
House Owner Cost With Mortgage:
$1,700
House Owner Cost Without Mortgage:
$560
State Taxes:
Low:
4.4%
|
High:
4.4%
Cost Of Living Index:
116.0
Grocery:
104.0
Housing:
122.0
Utilities:
95.0
Transportation:
105.0
Health Care:
102.0
Miscellaneous:
101.0
Crime
Is Rico, CO a safe place to live?
Rico enjoys a very low crime rate, with just 77 violent crimes per 100,000 residents and a property crime rate of 345 per 100,000. Residents have a low chance of experiencing crime, making it a safe and secure place to live.
Violent Crimes Per 100k:
77
Property Crimes Per 100k:
345
Crime Index:
422
Chance Of Violent Crime:
1 in 1,300
Chance Of Property Crime:
1 in 290
Weather
What is the weather like in Rico, CO year-round?
Rico experiences a true mountain climate, with cold winters dropping to 3°F and mild summers reaching highs of 74°F. The town receives about 22 inches of rainfall annually and enjoys sunshine 61% of the year, perfect for lovers of crisp air and outdoor activities.
Winter
Min:
3°F
Max:
32°F
Spring
Min:
25°F
Max:
55°F
Summer
Min:
38°F
Max:
74°F
Fall
Min:
20°F
Max:
58°F
Average Rainfall Inches:
22 inches
Sunny Days Percentage:
61%
Neighbors
Residents in Rico enjoy a median household income of $63,000 and a poverty rate below 10%, indicating a relatively stable community. Education levels are high, with over 95% holding a high school diploma, and most people commute about 24 minutes to work by car.
Median Income:
$41,000
Household Income:
$63,000
Family Income:
$74,000
Per Capita Income:
$37,000
Income Male:
$44,000
Income Female:
$38,000
Poverty Rate:
9.2%
Non English Speakers:
3.1%
Rent:
$1,250
Unemployment Rate:
4.8%
Public Transport Usage:
0.0%
Commute Time:
23.5 minutes
Education
High School or Higher:
95.2%
Bachelors or More:
38.4%
Education
How are the schools in Rico, CO?
Educational opportunities in Rico include access to Telluride Middle/High School, which offers small class sizes with a 10.5:1 student-teacher ratio. For higher education, Fort Lewis College in Durango is located about 65 miles away, providing further learning options.
Public Schools
Name:
Telluride Middle/High School
Street:
725 W Colorado Ave
Phone:
970-728-4377
Students:
320
Student Teacher Ratio:
10.5
Colleges
Name:
Fort Lewis College
City:
Durango
State:
CO
Distance:
65 miles
Students:
3,300
Healthcare
Access to healthcare is supported by nearby Southwest Memorial Hospital and a physician rate of 1.9 per 1,000 residents. Health insurance coverage is strong at over 92%, ensuring most residents have access to medical services.
Major Hospitals
Name:
Southwest Memorial Hospital
Address:
1311 N Mildred Rd, Cortez, CO 81321
Phone:
(970) 564-2271
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.9
Health Insurance Coverage:
92.5%
Health Care Index:
70.8
Housing Market
What is the housing market like in Rico, CO?
Rico's housing market features a median home price of $430,000 and a high owner-occupancy rate of 70.5%. Home values have appreciated by nearly 5% in the past year, reflecting steady demand in this scenic locale.
Median Home Price:
$430,000
Average Rent For 2 Bedroom:
$1,250
Owner Occupied Rate:
70.5%
Rental Vacancy Rate:
6.2%
Home Appreciation Rate (1yr):
4.9%
New Construction Rate:
0.7%
Foreclosure Rate:
0.4%
DMV Information
Driver and vehicle services in Rico are managed by the Colorado Division of Motor Vehicles, conveniently accessible online or at the Lakewood branch. Residents can handle licensing, registration, and other vehicle needs through state resources.
State:
Colorado
Department:
Colorado Division of Motor Vehicles
Address:
1881 Pierce St, Lakewood, CO 80214
Phone:
303-205-5600
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.