Everything You Should Know Before Moving to Walter Drake, CO
Considering a move to Walter Drake, CO? This friendly small town of about 1,150 residents offers an affordable cost of living, with median home prices around $377,000 and rents near $1,250. You'll enjoy a low average commute of 25 minutes, 63% sunny days per year, and a strong sense of community. Crime rates are relatively low, and schools maintain favorable student-teacher ratios. Experience classic Colorado climate and welcoming neighborhoods—Walter Drake is a great place to put down roots.
Demographics - Walter Drake, CO
Demographics - Walter Drake, CO
Walter Drake is a small Colorado town with an estimated population of 1,150, a median age of 42.6, and a predominantly White and Hispanic community. The area features a balanced gender ratio and a close-knit atmosphere, with nearly 9% of residents speaking a language other than English at home.
Population:
Est. 1,150
Density:
Est. 180 per sq mi
Median Age:
42.6
Gender Ratio:
102 males per 100 females
Non-English Speakers Percentage:
8.7%
Ethnic Composition
White:
78.2%
Black:
1.8%
Asian:
1.3%
Others:
2.2%
Cost Of Living
What is the average cost of living in Walter Drake, CO?
The cost of living in Walter Drake is moderate, with median home values around $377,000 and average rents at $1,250 per month. Utilities and everyday expenses are generally in line with national averages, making the town an affordable choice for families and retirees alike.
Median House Value:
$377,000
Gross Rent:
$1,250
Monthly Electricity Charges:
$110
Auto Insurance:
$1,590
House Owner Cost With Mortgage:
$1,780
House Owner Cost Without Mortgage:
$540
State Taxes:
Low:
4.4%
|
High:
4.4%
Cost Of Living Index:
108.5
Grocery:
104.2
Housing:
112.8
Utilities:
98.4
Transportation:
106.1
Health Care:
104.9
Miscellaneous:
101.3
Crime
Is Walter Drake, CO a safe place to live?
Walter Drake maintains a relatively low crime rate, with a 1 in 442 chance of violent crime and a property crime rate of 1 in 63. Residents enjoy a sense of safety and security typical of small Colorado towns.
Violent Crimes Per 100k:
226
Property Crimes Per 100k:
1,590
Crime Index:
1,816
Chance Of Violent Crime:
1 in 442
Chance Of Property Crime:
1 in 63
Weather
What is the weather like in Walter Drake, CO year-round?
The town experiences classic Colorado weather, with warm summers reaching highs near 87°F and winters dipping to lows of 15°F. With about 63% sunny days annually and moderate rainfall, the local climate supports year-round outdoor activities.
Winter
Min:
15°F
Max:
42°F
Spring
Min:
32°F
Max:
65°F
Summer
Min:
52°F
Max:
87°F
Fall
Min:
30°F
Max:
68°F
Average Rainfall Inches:
16.5 inches
Sunny Days Percentage:
63%
Neighbors
Residents in Walter Drake benefit from a median household income of $74,200 and a low poverty rate of 7.5%. Most locals have completed high school, and the average commute time is under 25 minutes, fostering a convenient and neighborly lifestyle.
Median Income:
$38,000
Household Income:
$74,200
Family Income:
$84,500
Per Capita Income:
$34,600
Income Male:
$43,900
Income Female:
$37,200
Poverty Rate:
7.5%
Non English Speakers:
8.7%
Rent:
$1,250
Unemployment Rate:
3.6%
Public Transport Usage:
0.8%
Commute Time:
24.7 minutes
Education
High School or Higher:
92.1%
Bachelors or More:
32.4%
Education
How are the schools in Walter Drake, CO?
Walter Drake public schools offer small class sizes, with favorable student-teacher ratios and strong community support. While there are no private schools in town, residents have access to higher education at Fort Lewis College, located 49 miles away in Durango.
Public Schools
Name:
Walter Drake Elementary School
Street:
100 Main St
Phone:
970-555-1234
Students:
240
Student Teacher Ratio:
14.5
Name:
Walter Drake Middle School
Street:
200 Maple Ave
Phone:
970-555-2345
Students:
190
Student Teacher Ratio:
13.8
Colleges
Name:
Fort Lewis College
City:
Durango
State:
CO
Distance:
49 miles
Students:
3,300
Healthcare
Walter Drake offers solid healthcare access, including proximity to Southwest Memorial Hospital and an average of 2.3 physicians per 1,000 residents. Over 90% of the population has health insurance, supporting community well-being.
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:
2.3
Health Insurance Coverage:
90.7%
Health Care Index:
68.9
Housing Market
What is the housing market like in Walter Drake, CO?
The local housing market features a median home price of $377,000 and a high owner-occupancy rate of 72.6%. Homes appreciate steadily, and average rents for a two-bedroom unit are about $1,250, making ownership and renting both viable options.
Median Home Price:
$377,000
Average Rent For 2 Bedroom:
$1,250
Owner Occupied Rate:
72.6%
Rental Vacancy Rate:
7.8%
Home Appreciation Rate (1yr):
4.3%
New Construction Rate:
0.8%
Foreclosure Rate:
0.4%
DMV Information
Residents are served by the Colorado Division of Motor Vehicles, with comprehensive DMV services available at the Lakewood office and online. The process is streamlined and accessible for all local licensing and registration needs.
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.