HomeColoradoLincoln CountyHugo
Hugo, Colorado: commercial real estate data.
Hugo is a Census town of 970 people across 0.91 square miles of land, in Lincoln County. Median household income is $48,958, 72.2 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $248,900 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hugo
What Hugo is
- Census place typetown
- Land area0.91 sq mi
- Water area0 sq mi
- Population per square mile of land1,064
- County holding the largest share of its areaLincoln County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hugo
How many people live in Hugo
- Population970
- Median age34.8
- Population under 18253 plus or minus 77
- Share under 1826.1 percent plus or minus 6.0
- Population 65 and over177 plus or minus 55
- Share 65 and over18.2 percent plus or minus 4.4
- Households407 plus or minus 88
- Family households160 plus or minus 49
- Share of households that are families39.3 percent plus or minus 8.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hugo
Income and work in Hugo
- Median household income$48,958 plus or minus $37,562
- Per capita income$32,308 plus or minus $8,218
- Civilian labor force428 plus or minus 108
- Employed414 plus or minus 105
- Unemployed14 plus or minus 18
- Unemployment rate3.3 percent plus or minus 4.1
- Adults 25 and over663
- Adults 25 and over with a high school diploma or higher86.9 percent
- Adults 25 and over with a bachelor degree or higher28.4 percent plus or minus 13.0
- Adults 25 and over with a graduate degree5.0 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hugo
Housing in Hugo
- Housing units475
- Occupied units407 plus or minus 88
- Vacant units68 plus or minus 25
- Vacancy rate14.3 percent plus or minus 4.5
- Owner occupied294 plus or minus 77
- Renter occupied113 plus or minus 49
- Ownership rate72.2 percent
- Median owner-occupied home value$254,400
- Median gross rent, monthly$906 plus or minus $337
- Annual rent as a share of median income22.2 percent plus or minus 18.9
- Single family units415 plus or minus 83
- Share single family87.4 percent
- Units in buildings of two or more21 plus or minus 26
- Share in buildings of two or more4.4 percent plus or minus 5.4
- Mobile homes39 plus or minus 24
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hugo
How Hugo gets to work
- Workers 16 and over who commute408 plus or minus 105
- Commuting under 15 minutes232 plus or minus 71
- Share commuting under 15 minutes56.9 percent
- Commuting 30 minutes or more119 plus or minus 65
- Share commuting 30 minutes or more29.2 percent plus or minus 14.1
- Drove alone92.0 percent
- Carpooled4.3 percent plus or minus 3.2
- Public transport0.0 percent
- Walked2.2 percent plus or minus 2.4
- Worked from home1.4 percent plus or minus 1.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hugo
SBA loans in Hugo (7(a))
- Approvals1
- Gross approval$248,900
- Average approval$248,900
- Median approval$248,900
- Largest approval$248,900
- Jobs supported1
- Jobs per approval1.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Hugo, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hugo
Flood risk in Hugo
- NFIP communityTown of Hugo
- NFIP community number080108
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/15/85(M)
The Town of Hugo participates in the National Flood Insurance Program as community 080108 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lincoln County, not Hugo
Lincoln County context, not Hugo figures
- Establishments in Lincoln County153
- Covered employment, Lincoln County2,212
- Average annual pay, Lincoln County$52,392
- Housing units permitted, Lincoln County10
Every figure in this section is published for Lincoln County as a whole and is not a measurement of Hugo.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Hugo questions, answered from the record.
How many people live in Hugo, Colorado?
970, in 407 households. Hugo town covers 0.91 square miles of land, which is 1,064 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hugo in?
Lincoln County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hugo?
$48,958. The median owner-occupied home is valued at $254,400. Median gross rent is $906 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hugo businesses?
1 7(a) approvals totaling $248,900 since FY2020, across 1 lenders, median approval $248,900. These count approvals to borrowers whose address is in Hugo, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hugo borrowers get paid back?
No rate is published for Hugo. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Hugo in the National Flood Insurance Program?
Yes. Hugo appears in the FEMA Community Status Book as Hugo, town of, community 080108, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hugo figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lincoln County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hugo.
Is zoning published for Hugo?
No. Nothing on this page presents parcel level zoning.
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