Living in Basalt, Colorado
Cost of living, income, home prices, rent and demographics of Basalt · Census data 2020–2024
Basalt has 4,335 residents with a median age of 41.2. The median household income is $105,855 (11% higher than the Colorado median), the median home value is $1,180,300, the median rent is $2,257/month.
Basalt at a glance
- Population
- 4,335
- Median age
- 41.2State: 37.7
- Median household income
- $105,855State: $95,470
- Median home value
- $1,180,300State: $539,400
- Median rent
- $2,257/moState: $1,761
- Homeowners
- 59.3%
- Bachelor's degree or higher
- 57.2%
- Average commute
- 27 min
Is Basalt a good place to live?
Pros: Median household income 11% higher than the Colorado median; unemployment of 3.4%; a poverty rate of 7.3%.
Cons: Home values 119% higher than the state median; an average commute of 27 minutes.
The weather is best in June to September.
Cost of living in Basalt
Housing is the biggest part of the cost of living. In Basalt the median home value is $1,180,300, 255% higher than the U.S. median. Renters pay a median of $2,257 per month, which is 24.8% of household income. Homeowners with a mortgage pay $3,281 a month in housing costs.
Basalt median household income
The median household income in Basalt is $105,855 and the income per person is $65,916. 7.3% of residents live below the poverty line (Colorado: 9.4%).
Housing in Basalt: homes for sale and rent
- Housing units
- 2,181
- Owner-occupied
- 59.3%
- Renter-occupied
- 40.7%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 1995
- Average household size
- 2.21
Basalt demographics
- Population
- 4,335
- Median age
- 41.2
- Under 18
- 15%
- 65 and older
- 23.9%
- Households
- 1,963
- Foreign-born
- 2.9%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Basalt ›
Education in Basalt
57.2% of adults 25 and older in Basalt have a bachelor's degree or higher (Colorado: 45.7%), and 17.2% have a graduate or professional degree.
Jobs and commute in Basalt
- Unemployment rate
- 3.4%State: 4.6%
- Average commute
- 27 minState: 25 min
- Work from home
- 7.6%
- Drive alone
- 63.3%
- Public transit
- 14.5%
- Walk to work
- 4.2%
- Homes with broadband
- 97.2%
Basalt vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Basalt | 4,335 | $105,855 | $1,180,300 | $2,257 |
| El Jebel | 2,941 | $103,042 | $912,200 | $3,216 |
| Catherine | 255 | $211,154 | — | — |
| Mulford | 413 | $141,036 | $1,302,100 | — |
| Carbondale | 6,637 | $108,324 | $900,600 | $2,167 |
| Woody Creek | 109 | $92,895 | — | — |
| Snowmass Village | 2,972 | $102,959 | $1,729,900 | $2,042 |
| Cattle Creek | 396 | $44,769 | $1,100,000 | — |
| Redstone | 144 | $114,479 | $826,600 | — |
More for people moving to Basalt
Basalt ZIP code ›Weather and climate ›Living in Basalt: FAQ
What is the median household income in Basalt, CO?
The median household income in Basalt is $105,855, 11% 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 Basalt?
The median home value in Basalt is $1,180,300, compared with $539,400 in Colorado.
How much is rent in Basalt?
The median gross rent in Basalt is $2,257 per month, about 24.8% of household income.
Is Basalt, CO a good place to live?
Pluses: median household income 11% higher than the Colorado median; unemployment of 3.4%; a poverty rate of 7.3%. Minuses: home values 119% higher than the state median; an average commute of 27 minutes.
What is the median age in Basalt?
The median age in Basalt is 41.2 years (Colorado: 37.7).
How long is the commute in Basalt?
The average commute to work in Basalt is 27 minutes; 7.6% of workers work from home.
What is the unemployment rate in Basalt?
The unemployment rate in Basalt is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Basalt?
57.2% of adults in Basalt 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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