Living in Applewood, Colorado

Cost of living, income, home prices, rent and demographics of Applewood · Census data 2020–2024

Applewood has 8,350 residents with a median age of 43.1. The median household income is $130,545 (37% higher than the Colorado median), the median home value is $785,900, the median rent is $2,211/month.

Applewood at a glance

Population
8,350
Median age
43.1State: 37.7
Median household income
$130,545State: $95,470
Median home value
$785,900State: $539,400
Median rent
$2,211/moState: $1,761
Homeowners
76.2%
Bachelor's degree or higher
71%
Average commute
23 min

Is Applewood a good place to live?

Pros: Median household income 37% higher than the Colorado median; an average commute of 23 minutes; unemployment of 4.5%; a poverty rate of 4.4%.

Cons: Home values 46% higher than the state median.

The weather is best in June to September.

Cost of living in Applewood

Housing is the biggest part of the cost of living. In Applewood the median home value is $785,900, 136% higher than the U.S. median. Renters pay a median of $2,211 per month, which is 26.3% of household income. Homeowners with a mortgage pay $2,738 a month in housing costs.

Median home value

Applewood$785,900
Colorado$539,400
United States$332,700

Median monthly rent

Applewood$2,211
Colorado$1,761
United States$1,413

Applewood median household income

The median household income in Applewood is $130,545 and the income per person is $81,380. 4.4% of residents live below the poverty line (Colorado: 9.4%).

Median household income

Applewood$130,545
Colorado$95,470
United States$80,734

Housing in Applewood: homes for sale and rent

Housing units
3,680
Owner-occupied
76.2%
Renter-occupied
23.8%
Vacant
2.4%Includes seasonal homes
Median year built
1970
Average household size
2.32

Applewood demographics

Population
8,350
Median age
43.1
Under 18
17.4%
65 and older
18.9%
Households
3,592
Foreign-born
5%
Veterans
8.1%Adults 18+

Race and ethnicity

White85.9%
Hispanic or Latino10%
Black0.6%
Asian2%

Hispanic or Latino can be of any race. Population history of Applewood ›

Education in Applewood

71% of adults 25 and older in Applewood have a bachelor's degree or higher (Colorado: 45.7%), and 26% have a graduate or professional degree.

Bachelor's degree or higher

Applewood71%
Colorado45.7%
United States35.7%

Jobs and commute in Applewood

Unemployment rate
4.5%State: 4.6%
Average commute
23 minState: 25 min
Work from home
28.2%
Drive alone
64%
Public transit
0.5%
Walk to work
0.7%
Homes with broadband
95.8%

Applewood vs nearby towns

TownPopulationMedian incomeHome valueRent
Applewood8,350$130,545$785,900$2,211
West Pleasant View5,051$95,817$489,400$1,966
East Pleasant View832$106,920$485,700—
Golden20,417$98,582$837,700$1,953
Fairmount9,902$163,600$827,600$2,679
Wheat Ridge32,070$90,564$623,000$1,579
Lakewood156,583$89,792$574,400$1,806
Edgewater4,932$76,591$636,900$1,652
Arvada122,634$117,348$632,600$1,888

More for people moving to Applewood

Applewood ZIP code ›Weather and climate ›

Living in Applewood: FAQ

What is the median household income in Applewood, CO?

The median household income in Applewood is $130,545, 37% higher than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Applewood?

The median home value in Applewood is $785,900, compared with $539,400 in Colorado.

How much is rent in Applewood?

The median gross rent in Applewood is $2,211 per month, about 26.3% of household income.

Is Applewood, CO a good place to live?

Pluses: median household income 37% higher than the Colorado median; an average commute of 23 minutes; unemployment of 4.5%; a poverty rate of 4.4%. Minuses: home values 46% higher than the state median.

What is the median age in Applewood?

The median age in Applewood is 43.1 years (Colorado: 37.7).

How long is the commute in Applewood?

The average commute to work in Applewood is 23 minutes; 28.2% of workers work from home.

What is the unemployment rate in Applewood?

The unemployment rate in Applewood is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Applewood?

71% of adults in Applewood have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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