Living in Crested Butte, Colorado

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

Crested Butte has 1,229 residents with a median age of 46.5. The median household income is $74,479 (22% lower than the Colorado median), the median home value is $1,010,600, the median rent is $1,365/month.

Crested Butte is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Crested Butte at a glance

Population
1,229
Median age
46.5State: 37.7
Median household income
$74,479State: $95,470
Median home value
$1,010,600State: $539,400
Median rent
$1,365/moState: $1,761
Homeowners
68.4%
Bachelor's degree or higher
75.6%
Average commute
14 min

Is Crested Butte a good place to live?

Pros: An average commute of 14 minutes; a poverty rate of 3.2%.

Cons: Median household income 22% lower than the Colorado median; home values 87% higher than the state median; unemployment of 13.3%.

The weather is best in June to September.

Cost of living in Crested Butte

Housing is the biggest part of the cost of living. In Crested Butte the median home value is $1,010,600, 204% higher than the U.S. median. Renters pay a median of $1,365 per month, which is 36.1% of household income. Homeowners with a mortgage pay $2,642 a month in housing costs.

Median home value

Crested Butte$1,010,600
Colorado$539,400
United States$332,700

Median monthly rent

Crested Butte$1,365
Colorado$1,761
United States$1,413

Crested Butte median household income

The median household income in Crested Butte is $74,479 and the income per person is $68,338. 3.2% of residents live below the poverty line (Colorado: 9.4%).

Median household income

Crested Butte$74,479
Colorado$95,470
United States$80,734

Housing in Crested Butte: homes for sale and rent

Housing units
1,179
Owner-occupied
68.4%
Renter-occupied
31.6%
Vacant
40.2%Includes seasonal homes
Median year built
1981
Average household size
1.74

40.2% of homes are vacant most of the year, a sign that Crested Butte has many vacation and second homes.

Crested Butte demographics

Population
1,229
Median age
46.5
Under 18
18.6%
65 and older
18.1%
Households
705
Foreign-born
1.3%
Veterans
3.4%Adults 18+

Race and ethnicity

White87.5%
Hispanic or Latino9.4%
Black0%
Asian0%

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

Education in Crested Butte

75.6% of adults 25 and older in Crested Butte have a bachelor's degree or higher (Colorado: 45.7%), and 18.6% have a graduate or professional degree.

Bachelor's degree or higher

Crested Butte75.6%
Colorado45.7%
United States35.7%

Jobs and commute in Crested Butte

Unemployment rate
13.3%State: 4.6%
Average commute
14 minState: 25 min
Work from home
32.4%
Drive alone
24.7%
Public transit
0%
Walk to work
18.4%
Homes with broadband
87.7%

Crested Butte vs nearby towns

TownPopulationMedian incomeHome valueRent
Crested Butte1,229$74,479$1,010,600$1,365
Mount Crested Butte823$85,357$555,300$2,129
Marble309$170,793$773,900—
Gunnison6,766$62,189$461,000$1,230
Aspen6,756$74,033$819,900$2,081
Snowmass Village2,972$102,959$1,729,900$2,042
Redstone144$114,479$826,600—
Woody Creek109$92,895——
Pitkin131$85,729$355,200—

More for people moving to Crested Butte

Crested Butte ZIP code ›Weather and climate ›

Living in Crested Butte: FAQ

What is the median household income in Crested Butte, CO?

The median household income in Crested Butte is $74,479, 22% lower 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 Crested Butte?

The median home value in Crested Butte is $1,010,600, compared with $539,400 in Colorado.

How much is rent in Crested Butte?

The median gross rent in Crested Butte is $1,365 per month, about 36.1% of household income.

Is Crested Butte, CO a good place to live?

Pluses: an average commute of 14 minutes; a poverty rate of 3.2%. Minuses: median household income 22% lower than the Colorado median; home values 87% higher than the state median; unemployment of 13.3%.

What is the median age in Crested Butte?

The median age in Crested Butte is 46.5 years (Colorado: 37.7).

How long is the commute in Crested Butte?

The average commute to work in Crested Butte is 14 minutes; 32.4% of workers work from home.

What is the unemployment rate in Crested Butte?

The unemployment rate in Crested Butte is 13.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Crested Butte?

75.6% of adults in Crested Butte 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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