Aspen, Colorado Demographics & Population 2026
During the 2020–2024 ACS period, Aspen, Colorado had a total population of 6,756, the 97th largest city in Colorado, with a median household income of $74,033, which is 22% lower than the state average. The poverty rate is 10.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing affordability is a challenge — homes cost 11.1x the median household income.
- Near full employment with an unemployment rate of just 2.4%.
Aspen Quick Facts
How Aspen Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 6,862 | 6,756 | -1.5% |
| Median household income | $78,636 | $74,033 | -5.9% |
| Median home value | $1,375,000 | $819,900 | -40.4% |
How Aspen Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 52 | National average: 61
Education
Educational Attainment (Adults 25+)
Aspen Rankings in Colorado
Explore Colorado Rankings
Other Cities in Pitkin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Snowmass Village | 2,972 | $102,959 | 1.7% | $1,729,900 |
| Redstone | 144 | $114,479 | 0.0% | $826,600 |
| Woody Creek | 109 | $92,895 | 19.3% | N/A |
Cities Similar to Aspen
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Air Force Academy | 6,727 | $69,474 | N/A | 28.0% | 18.7% |
| Orchard Mesa | 6,945 | $80,359 | $332,600 | 21.7% | 4.5% |
| Gunnison | 6,766 | $62,189 | $461,000 | 60.3% | 22.1% |
| Salida | 5,861 | $70,045 | $648,500 | 53.5% | 11.1% |
| Battlement Mesa | 5,755 | $76,152 | $312,700 | 29.6% | 11.0% |
Population Overview
Aspen is a small city located in Colorado, within Pitkin County. The total population is 6,756. It ranks as the 97th most populous out of 472 Census-designated places in Colorado.
Age Demographics
The median age in Aspen is 43.7 years. This is 16% higher than the state median of 37.7 years. Only 9.7% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Aspen is $74,033. This is 22% lower than the state median of $95,470. It is also 8% lower than the national median of $80,734. The poverty rate stands at 10.6%. This is 13% higher than the state poverty rate of 9.4%. The unemployment rate is 2.4%. This is 49% lower than the state rate of 4.6%. The median home value is $819,900. Housing costs are 52% higher than the state median of $539,400. The home-value-to-income ratio of 11.1x suggests that housing affordability is a significant concern for many residents. 57.0% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 66.2%.
Race & Ethnicity
The largest racial or ethnic group in Aspen is White (non-Hispanic), making up 79.0% of the population. Hispanic or Latino residents account for 13.4%. The Black or African American population (1.0%) is well below the state average of 3.8%.
Education
69.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 52% higher than the state rate of 45.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.8%. Notably, 27.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Aspen, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 472 Census-designated places in Colorado. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Aspen, Colorado?
Aspen, Colorado has a population of 6,756 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Aspen, CO?
The median household income in Aspen is $74,033, which is 8% lower than the national median of $80,734.
What is the poverty rate in Aspen, CO?
The poverty rate in Aspen is 10.6%. This means approximately 716 residents live below the federal poverty line.
What is the racial makeup of Aspen, Colorado?
Aspen's population is 79.0% White, 1.0% Black, 13.4% Hispanic/Latino, and 1.8% Asian.
What is the median home value in Aspen, CO?
The median home value in Aspen is $819,900. The home-value-to-income ratio is 11.1x.
How educated is Aspen, Colorado?
69.6% of adults (25+) in Aspen hold a bachelor's degree or higher, and 27.5% hold a graduate or professional degree.