Welby, CO demographics:
population, income, and more

Total population
16,197
-0.2% year-over-year change
Median household income
$80,026/yr
2.1% year-over-year change
Housing units
5,985
0.9% year-over-year change

Welby population

How many people live in Welby

Welby is home to 16,197 residents, according to the most recent Census data. Gender-wise, 49.8% of Welby locals are male, and 50.2% are female.

Total population
16,197
-0.2% year-over-year change
Gender ratio
Male
49.8%
8,067
Female
50.2%
8,130
Value Percent YoY change
Male 8,067 49.8% 0.7%
Female 8,130 50.2% -1.1%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Welby is 35, with the population distributed as follows: about 16.7% are children under 15, then 14.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 37% of the population, while another 22.1% fall into the 45 to 64 bracket. Finally, around 9.3% are 65 or older.

Median age
35
Age breakdown
Under 15
16.7%
15 to 24
14.8%
25 to 44
37%
45 to 64
22.1%
Over 65
9.3%
Value Percent YoY change
Under 15 2,709 16.7% -10.1%
15 to 24 2,405 14.8% -6.8%
25 to 44 5,994 37% 5.9%
45 to 64 3,578 22.1% 6.2%
Over 65 1,511 9.3% -6.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Welby, 76% of the population are US-born citizens, while 10.8% have gained naturalized citizenship. At the same time, 13.3% of residents are non-citizens. As for race, 49.7% of locals are Caucasian, 1.7% are African American and 3.2% have Asian roots. There’s also a share of 28% that includes residents with two or more races.

Citizenship
U.S.-born citizens
76%
Non-U.S.-born citizens
10.8%
Non-citizens
13.3%
Value Percent YoY change
U.S.-born citizens 12,303 76% -1.6%
Non-U.S.-born citizens 1,744 10.8% 4.6%
Non-citizens 2,150 13.3% 4.3%
Racial breakdown
White
49.7%
Black or African American
1.7%
American Indian and Alaska Native
3.4%
Asian
3.2%
Native Hawaiian and other Pacific Islander
0%
Two or more races
28%
Other
14%
Value Percent
White 8,047 49.7%
Black or African American 273 1.7%
American Indian and Alaska Native 550 3.4%
Asian 514 3.2%
Two or more races 4,541 28%
Other 2,272 14%

Households in Welby

A peek inside Welby households

Welby has 5,894 households, with an average of 3 members in each. Of these, 66.9% are families, while the remaining 33.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
5,894
2.6% year-over-year change
Average people per household
3
Non-family households
1,950
Family households
3,944
Value Percent YoY change
Non-family households 1,950 33.1% 8.6%
Family households 3,944 66.9% -0.1%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Welby

The housing landscape of Welby

Welby's housing consists of 5,985 units, with 59.1% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 12.1% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 8.1% of the housing landscape.

Housing units
5,985
0.9% year-over-year change
Housing types
Value Percent
1 unit, detached 3,539 59.1%
1 unit, attached 724 12.1%
2 units 17 0.3%
3 or 4 units 259 4.3%
5 to 9 units 212 3.5%
10 to 19 units 409 6.8%
20 to 49 units 339 5.7%
Mobile home 486 8.1%
Homes built since 2020
13
% year-over-year change

The age of buildings in Welby

In Welby, the median construction year is 1974. About 0.4% of homes were built before the 1940s, with another 3.4% going up by 1949. Most development happened in the second half of the 20th century. Then, 12.6% of homes were added from 2000 to 2009, 2.5% between 2010 and 2019, and 0.2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 23 0.4% 9.5%
Built between 1940 and 1949 204 3.4% 36.9%
Built between 1950 and 1959 1,136 19% 18.6%
Built between 1960 and 1969 994 16.6% -8.0%
Built between 1970 and 1979 1,618 27% -7.2%
Built between 1980 and 1989 500 8.4% -8.3%
Built between 1990 and 1999 595 9.9% -2.8%
Built between 2000 and 2009 754 12.6% 9.6%
Built between 2010 and 2019 148 2.5% 9.6%
Built in 2020 or later 13 0.2% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Welby occupancy rates

Out of the 5,894 occupied housing units in Welby, 72.5% are owner-occupied, while 27.5% are lived in by tenants. Meanwhile, 1.5% of all homes on the local market sit vacant.

Occupied housing units
5,894
2.6% year-over-year change
Occupancy breakdown
Renter occupied
1,622
Owner occupied
4,272
Value Percent YoY
change
Renter occupied 1,622 27.5% 8.6%
Owner occupied 4,272 72.5% 0.5%
Unoccupied housing units
1.5%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Welby housing costs

Housing costs in Welby come to a median of $1,582 per month, while tenants specifically pay a median gross rent of $1,656.

Median housing costs per month
$1,582/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Welby
$1,656/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Welby

Welby education at a glance

About 49.9% of the population in Welby went to high school, while 18.7% pursued college studies. Another 8.3% earned an associate degree and 10.1% hold a bachelor’s. Meanwhile, 3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 1,271 10% -13.4%
High school diploma 6,334 49.9% 11.3%
College diploma 2,367 18.7% -4.7%
Associate degree 1,054 8.3% -9.9%
Bachelor's degree 1,279 10.1% 8.3%
Graduate degree 381 3% -9.7%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Welby

How much people earn in Welby

The average annual household income in Welby was $91,398 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.7% change from the previous year. At the same time, the median income stood at $80,026, reflecting a +2.1% shift over the same period.

Average household income in Welby
$91,398/year
2.7% year-over-year change
Median household income in Welby
$80,026/year
2.1% year-over-year change

Welby income by age

In Welby, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $88,125. Those with someone between 45 and 64 in charge, often well established professionally, earn $87,064 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $71,563, while those led by someone over 65, many of whom may be retired, have about $57,902 in earnings. Overall, 87.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $71,563 -16.3%
25 - 44 $88,125 -1.3%
45 - 64 $87,064 5.5%
Over 65 $57,902 -1.5%
Above poverty level
14,026
Below poverty level
2,025
Value Percent YoY
change
Above poverty level 14,026 87.4% -3.1%
Below poverty level 2,025 12.6% 33.0%

Average renter income in Welby

To get a better sense of what renters earn on average in Welby, their median household income was $61,240 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 32.4%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$61,240
Rent-to-income ratio
32.4%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Welby

Workforce and job types in Welby

The job market in Welby is powered by 8,971 working residents, spread across a range of industries and roles. 63.6% of the working population are employed in professional or administrative positions, while 36.4% are in hands-on or service-based jobs. Also, 9% run their own businesses, 74.2% are employed by private companies, and 11.5% work in the public sector.

Workforce demographics

Working population
8,971
3.3% year-over-year change
White collar
5,706
Blue collar
3,265
Value Percent YoY change
White collar 5,706 63.6% 0.4%
Blue collar 3,265 36.4% 8.9%
Employer type
Self employees
9%
Private companies
74.2%
Governmental workers
11.5%
Not for profit companies
5.3%
Value Percent YoY change
Self employees 804 9% 23.5%
Private companies 6,659 74.2% 2.5%
Governmental workers 1,035 11.5% 10.6%
Not for profit companies 473 5.3% -20.9%
Unemployment rate
5.8%
15.6% year-over-year change

Available workforce

The unemployment rate in Welby stands at 5.8%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Welby

How people get around in Welby

Commuting methods vary: 86.3% of residents travel by personal vehicle and 1.1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 7,620 86.3% 2.1%
Bus or trolleybus 46 0.5% -44.6%
Subway or elevated 14 0.2% N/A
Railroad 27 0.3% 35.0%
Bicycle 10 0.1% N/A
Walk 100 1.1% 669.2%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

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FAQs about Welby demographics 

What is the total population of Welby?

Welby has a total population of 16,197 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.2% compared to a year ago.

What is the gender ratio in Welby?

The gender ratio in Welby is as follows:
  • 49.8% males (8,067 residents)
  • 50.2% females (8,130 residents)

What is the median age in Welby?

The median age in Welby is 35.

What is the age distribution of the population in Welby?

The age distribution in Welby is as follows:
  • Under 15: 16.7% (2,709 residents)
  • Ages 15-24: 14.8% (2,405 residents)
  • Ages 25-44: 37% (5,994 residents)
  • Ages 45-64: 22.1% (3,578 residents)
  • Over 65: 9.3% (1,511 residents)

What is the racial and ethnic makeup of Welby?

The racial and ethnic makeup of Welby is as follows:
  • White: 49.7% (8,047 residents)
  • Black or African American: 1.7% (273 residents)
  • American Indian and Alaska Native: 3.4% (550 residents)
  • Asian: 3.2% (514 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 28% (4,541 residents)
  • Other: 14% (2,272 residents)

What percentage of the population in Welby are U.S.-born citizens?

U.S.-born citizens represent 76% of the population in Welby.

How many housing units are there in Welby?

There are 5,985 housing units in Welby, reflecting a +0.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Welby and what is the average household size?

Welby has a total of 5,894 households, with an average of 3 people in each.

What is the median household income in Welby?

Welby has a median household income of $80,026, representing a +2.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Welby?

The employment rate is 94.2% in Welby, with a workforce of 8,971 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 63.6% (5,706 residents)
  • Blue-collar workers: 36.4% (3,265 residents)

Places of employment:
  • Self-employed: 9% (804 residents)
  • Private companies: 74.2% (6,659 residents)
  • Governmental workers: 11.5% (1,035 residents)
  • Not-for-profit companies: 5.3% (473 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025