Basalt town, Colorado Demographics & Population 2026

Population Overview

Basalt town is a small community located in Colorado. The total population is 3,995. It ranks as the 127th most populous out of 471 cities and towns in Colorado.

Age Demographics

The median age in Basalt town is 43.6 years. This is 16% higher than the state median of 37.5 years.

Economy, Income & Housing

The median household income in Basalt town is $106,000. This is 15% higher than the state median of $92,470. Compared to the national median of $78,538, household income here is 35% higher. The poverty rate stands at 4.2%. This is 55% lower than the state poverty rate of 9.4%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.0%. This is 34% lower than the state rate of 4.5%. The median home value is $1,148,100. Housing costs are 129% higher than the state median of $502,200. The home-value-to-income ratio of 10.8x suggests that housing affordability is a significant concern for many residents. 58.2% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 66.3%.

Race & Ethnicity

Basalt town has a predominantly White (non-Hispanic) population, comprising 87.7% of all residents. Hispanic or Latino residents account for 5.9%. The Black or African American population (0.5%) is well below the state average of 3.8%. The Hispanic or Latino population (5.9%) is well below the state average of 22.2%. The Asian population (0.6%) is well below the state average of 3.2%.

Education

59.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% 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 99.2%. Notably, 16.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Basalt town, 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.