Twin Lakes vs Welby

A side-by-side comparison of Twin Lakes and Welby: population, income, housing, and more.

Twin Lakes and Welby are places in Colorado. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Welby has the higher population (16,232 vs 8,279 in Twin Lakes). Twin Lakes has the higher median household income ($93,818 vs $78,375 in Welby). Twin Lakes has the higher median home value ($526,700 vs $347,700 in Welby).

Population, income & housing

	Twin Lakes	Welby
Population	8,279	16,232
Median age	38.3 yrs	33.9 yrs
Median household income	$93,818	$78,375
Median home value	$526,700	$347,700
Median gross rent	$1,608	$1,640
Housing units	3,282	5,932
Homeownership rate	71.6%	74.0%
Bachelor's degree or higher	38.2%	14.6%
Unemployment rate	5.9%	5.2%

Trends (ACS 5-year, 2019–2023)

	Twin Lakes	Welby
Population	8,196 → 8,279 (+1.0%)	16,018 → 16,232 (+1.3%)
Median household income	$69,116 → $93,818 (+35.7%)	$56,923 → $78,375 (+37.7%)
Median home value	$306,400 → $526,700 (+71.9%)	$213,500 → $347,700 (+62.9%)
Median gross rent	$1,096 → $1,608 (+46.7%)	$1,211 → $1,640 (+35.4%)

Twin Lakes

Population

8,1968,279

Median household income

$69,116$93,818

Median home value

$306,400$526,700

Median gross rent

$1,096$1,608

Welby

Population

16,01816,232

Median household income

$56,923$78,375

Median home value

$213,500$347,700

Median gross rent

$1,211$1,640

Age & race/ethnicity

Age distribution (share)

	Twin Lakes	Welby
Under 5	7.4%	5.6%
5 to 17	12.5%	17.9%
18 to 24	6.3%	11.0%
25 to 34	18.7%	18.8%
35 to 44	20.6%	16.1%
45 to 54	13.4%	11.8%
55 to 64	9.3%	8.9%
65 to 74	7.8%	7.0%
75 and over	4.1%	2.9%

Race & ethnicity (share)

	Twin Lakes	Welby
White (non-Hispanic)	40.6%	32.2%
Black or African American	0.3%	1.7%
American Indian & Alaska Native	0.2%	0.0%
Asian	3.6%	3.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.7%	0.0%
Two or more races	2.5%	2.0%
Hispanic or Latino	52.1%	61.0%

Educational attainment (age 25+)

Share of adults 25+

	Twin Lakes	Welby
No high school diploma	18.5%	24.0%
High school graduate	25.1%	30.6%
Some college or associate's	18.3%	30.8%
Bachelor's degree	20.9%	10.7%
Graduate or professional degree	17.2%	4.0%

Commute to work

How workers get to work (share)

	Twin Lakes	Welby
Drove alone	66.5%	73.1%
Carpooled	14.4%	15.0%
Public transit	1.1%	1.6%
Walked	1.6%	0.2%
Bicycle	1.0%	0.0%
Worked from home	14.1%	8.9%
Other means	1.3%	1.3%

Housing

Units in structure (share)

	Twin Lakes	Welby
1-unit, detached	78.1%	56.8%
1-unit, attached	6.3%	12.0%
2 to 4 units	1.3%	5.3%
5 to 19 units	5.7%	9.0%
20 or more units	8.6%	7.1%
Mobile home & other	0.0%	9.8%

Poverty & households

	Twin Lakes	Welby
Poverty rate	6.5%	9.4%
Average household size	2.53	2.83
Mean commute (minutes)	28	29
Median year structure built	1976	1974