Redvale, CO People Search

Redvale has a population of 171 people, according to the Census data for 2016.

Compared to 2010, this number has decreased by 65 people (27.5%), so we can confidently say that the dynamics of the population growth are negative. If you compare the rate of population growth with the nearest cities, such as Arboles or Marble, you will find that these cities have a population decline of 34 and a growth of 19 people, respectively (-12.1% and 14.5% correspondingly)

The median property value in Redvale is $186,700 (based on US Census Bureau data for 2016)

. This means that half of the houses in the city are more expensive than this figure, and half of other houses are less. In 2010, the property value was estimated at $206,300 (making a decrease of $19,600 or 9.5% in 6 years). Here is what the housing market looks like in nearby cities: median property price in Siltis $187,800, in Mancos— $186,100. Median property value in Colorado is $247,800

A poverty rate is one of the key economic indicators.

It shows the proportion of the population whose income is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is. The current poverty rate in Redvale is 0.0%. In the neighboring cities, this figure is as follows: in Gypsum, 2.7% of the population live below the poverty line, in Aspen— 2.6%. The poverty rate in Coloradois 8.49%. Based on such indicators as the poverty rate, we assume that life in Redvale is slightly better than the average for the state.

13.0% of housing units in Redvale are occupied by renters (2016).

A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation. In 2010, the share of renter-occupied housing units was higher — 27.2%. It seems that now less people live in rented houses in Redvale than before. Neighboring cities have the following shares of renter-occupied housing units: Flora Vista(13.8%), Woody Creek(9.2%).