Living in Denver, Colorado
Cost of living, income, home prices, rent and demographics of Denver · Census data 2020–2024
Denver has 718,877 residents with a median age of 35.3. The median household income is $94,718 (about the same as the Colorado median), the median home value is $616,000, the median rent is $1,831/month.
Denver at a glance
- Population
- 718,877
- Median age
- 35.3State: 37.7
- Median household income
- $94,718State: $95,470
- Median home value
- $616,000State: $539,400
- Median rent
- $1,831/moState: $1,761
- Homeowners
- 48.8%
- Bachelor's degree or higher
- 56.5%
- Average commute
- 25 min
Is Denver a good place to live?
Pros: An average commute of 25 minutes.
Cons: Median household income about the same as the Colorado median; home values 14% higher than the state median; unemployment of 4.9%; a poverty rate of 11.2%.
The weather is best in June to September.
Cost of living in Denver
Housing is the biggest part of the cost of living. In Denver the median home value is $616,000, 85% higher than the U.S. median. Renters pay a median of $1,831 per month, which is 29.2% of household income. Homeowners with a mortgage pay $2,466 a month in housing costs.
Denver median household income
The median household income in Denver is $94,718 and the income per person is $64,163. 11.2% of residents live below the poverty line (Colorado: 9.4%).
Housing in Denver: homes for sale and rent
- Housing units
- 359,581
- Owner-occupied
- 48.8%
- Renter-occupied
- 51.2%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.10
Denver demographics
- Population
- 718,877
- Median age
- 35.3
- Under 18
- 18%
- 65 and older
- 12.5%
- Households
- 335,428
- Foreign-born
- 14.5%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Denver ›
Education in Denver
56.5% of adults 25 and older in Denver have a bachelor's degree or higher (Colorado: 45.7%), and 22.3% have a graduate or professional degree.
Jobs and commute in Denver
- Unemployment rate
- 4.9%State: 4.6%
- Average commute
- 25 minState: 25 min
- Work from home
- 27.3%
- Drive alone
- 56.1%
- Public transit
- 3.8%
- Walk to work
- 3.6%
- Homes with broadband
- 92.9%
Denver vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Denver | 718,877 | $94,718 | $616,000 | $1,831 |
| Glendale | 4,531 | $71,250 | $413,500 | $1,815 |
| Four Square Mile | 23,024 | $80,903 | $474,200 | $1,833 |
| Derby | 8,453 | $82,138 | $353,000 | $1,689 |
| Holly Hills | 2,572 | $122,391 | $702,000 | — |
| Welby | 16,197 | $80,026 | $385,000 | $1,656 |
| Twin Lakes | 8,030 | $95,583 | $587,500 | $1,596 |
| Sherrelwood | 18,692 | $75,327 | $432,200 | $1,702 |
| Berkley | 10,789 | $84,637 | $468,100 | $1,777 |
More for people moving to Denver
Denver ZIP code ›Weather and climate ›Living in Denver: FAQ
What is the median household income in Denver, CO?
The median household income in Denver is $94,718, about the same as 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 Denver?
The median home value in Denver is $616,000, compared with $539,400 in Colorado.
How much is rent in Denver?
The median gross rent in Denver is $1,831 per month, about 29.2% of household income.
Is Denver, CO a good place to live?
Pluses: an average commute of 25 minutes. Minuses: median household income about the same as the Colorado median; home values 14% higher than the state median; unemployment of 4.9%; a poverty rate of 11.2%.
What is the median age in Denver?
The median age in Denver is 35.3 years (Colorado: 37.7).
How long is the commute in Denver?
The average commute to work in Denver is 25 minutes; 27.3% of workers work from home.
What is the unemployment rate in Denver?
The unemployment rate in Denver is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Denver?
56.5% of adults in Denver 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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