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Aspen city, Colorado Demographics & Population 2026

Expensive MarketHome value to income ratio of 17.5x indicates a costly housing market

As of 2026, Aspen city, Colorado has a total population of 6,862, the 95th largest city in Colorado, with a median household income of $78,636, which is 15% lower than the state average. The poverty rate is 11.8%.

Key Takeaways

Aspen city Quick Facts

Population 6,862
Median Household Income $78,636
Median Home Value $1,375,000
Poverty Rate 11.8%
Unemployment Rate 2.5%
Median Age 41.7 years
Homeownership Rate 59.4%
Affordability Ratio 17.5x
Bachelor's Degree or Higher 68.3%
High School Graduation Rate 99.1%
Diversity Index 35/100
Population 6,862 95th of 471
Median Income $78,636 average
Poverty Rate 11.8% 5% lower national
Median Home Value $1,375,000 top 10%

How Aspen city Compares

Economy & Housing

Employment

2.5% Unemployment Rate State: 4.5% | National: 5.2%
71.4% Labor Force Participation

Housing Overview

Owner 59.4%
Renter 40.6%
Affordability Index Very Expensive
17.5x home value to income ratio

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 51 | National average: 60

Education

Aspen city Rankings in Colorado

#95 Population of 471
#205 Median Income of 471
#57 Education of 471
#7 Home Value of 471

Cities Similar to Aspen city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Orchard Mesa CDP6,597$76,173$304,20021.2%5.1%
Air Force Academy CDP6,701$93,889N/A35.4%17.6%
Carbondale town6,553$94,300$796,10056.3%11.7%
Avon town6,057$85,364$689,00041.4%12.1%
Fruitvale CDP7,998$76,339$299,90027.1%10.0%

Population Overview

Aspen city is a small city located in Colorado. The total population is 6,862. It ranks as the 95th most populous out of 471 cities and towns in Colorado.

Age Demographics

The median age in Aspen city is 41.7 years. This is 11% higher than the state median of 37.5 years. Only 10.5% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Aspen city is $78,636. This is 15% lower than the state median of $92,470. Compared to the national median of $78,538, household income here is about average. The poverty rate stands at 11.8%. This is 26% higher than the state poverty rate of 9.4%. The unemployment rate is 2.5%. This is 43% lower than the state rate of 4.5%. The median home value is $1,375,000. Housing costs are 174% higher than the state median of $502,200. The home-value-to-income ratio of 17.5x suggests that housing affordability is a significant concern for many residents. 59.4% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 66.3%.

Race & Ethnicity

The largest racial or ethnic group in Aspen city is White (non-Hispanic), making up 79.4% of the population. Hispanic or Latino residents account for 10.7%. The Black or African American population (0.9%) is well below the state average of 3.8%. The Hispanic or Latino population (10.7%) is well below the state average of 22.2%.

Education

68.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% higher than the state rate of 44.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.1%. Notably, 25.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Aspen city, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 471 Census-designated places in Colorado. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Aspen city, Colorado?

Aspen city, Colorado has a population of 6,862 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Aspen city, CO?

The median household income in Aspen city is $78,636, which is about average the national median of $78,538.

What is the poverty rate in Aspen city, CO?

The poverty rate in Aspen city is 11.8%. This means approximately 808 residents live below the federal poverty line.

What is the racial makeup of Aspen city, Colorado?

Aspen city's population is 79.4% White, 0.9% Black, 10.7% Hispanic/Latino, and 3.4% Asian.

What is the median home value in Aspen city, CO?

The median home value in Aspen city is $1,375,000. The home-value-to-income ratio is 17.5x.

How educated is Aspen city, Colorado?

68.3% of adults (25+) in Aspen city hold a bachelor's degree or higher, and 25.3% hold a graduate or professional degree.