Living in Derby, Colorado
Cost of living, income, home prices, rent and demographics of Derby · Census data 2020–2024
Derby has 8,453 residents with a median age of 33.1. The median household income is $82,138 (14% lower than the Colorado median), the median home value is $353,000, the median rent is $1,689/month.
Derby at a glance
- Population
- 8,453
- Median age
- 33.1State: 37.7
- Median household income
- $82,138State: $95,470
- Median home value
- $353,000State: $539,400
- Median rent
- $1,689/moState: $1,761
- Homeowners
- 70.9%
- Bachelor's degree or higher
- 15.5%
- Average commute
- 26 min
Is Derby a good place to live?
Pros: Home values 35% lower than the state median; a poverty rate of 8.1%.
Cons: Median household income 14% lower than the Colorado median; an average commute of 26 minutes; unemployment of 5.1%.
The weather is best in June to September.
Cost of living in Derby
Housing is the biggest part of the cost of living. In Derby the median home value is $353,000, 6% higher than the U.S. median. Renters pay a median of $1,689 per month, which is 24.5% of household income. Homeowners with a mortgage pay $2,068 a month in housing costs.
Derby median household income
The median household income in Derby is $82,138 and the income per person is $30,413. 8.1% of residents live below the poverty line (Colorado: 9.4%).
Housing in Derby: homes for sale and rent
- Housing units
- 2,617
- Owner-occupied
- 70.9%
- Renter-occupied
- 29.1%
- Vacant
- 5.3%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 3.39
Derby demographics
- Population
- 8,453
- Median age
- 33.1
- Under 18
- 30.1%
- 65 and older
- 7.3%
- Households
- 2,479
- Foreign-born
- 21.3%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Derby ›
Education in Derby
15.5% of adults 25 and older in Derby have a bachelor's degree or higher (Colorado: 45.7%), and 2.8% have a graduate or professional degree.
Jobs and commute in Derby
- Unemployment rate
- 5.1%State: 4.6%
- Average commute
- 26 minState: 25 min
- Work from home
- 7.9%
- Drive alone
- 77.3%
- Public transit
- 3.9%
- Walk to work
- 3.6%
- Homes with broadband
- 85.7%
Derby vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Derby | 8,453 | $82,138 | $353,000 | $1,689 |
| Welby | 16,197 | $80,026 | $385,000 | $1,656 |
| Sherrelwood | 18,692 | $75,327 | $432,200 | $1,702 |
| Twin Lakes | 8,030 | $95,583 | $587,500 | $1,596 |
| Federal Heights | 14,125 | $56,597 | $95,300 | $1,687 |
| Thornton | 144,187 | $103,088 | $517,500 | $1,895 |
| Denver | 718,877 | $94,718 | $616,000 | $1,831 |
| Northglenn | 38,014 | $84,030 | $462,100 | $1,775 |
| Berkley | 10,789 | $84,637 | $468,100 | $1,777 |
More for people moving to Derby
Derby ZIP code ›Weather and climate ›Living in Derby: FAQ
What is the median household income in Derby, CO?
The median household income in Derby is $82,138, 14% 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 Derby?
The median home value in Derby is $353,000, compared with $539,400 in Colorado.
How much is rent in Derby?
The median gross rent in Derby is $1,689 per month, about 24.5% of household income.
Is Derby, CO a good place to live?
Pluses: home values 35% lower than the state median; a poverty rate of 8.1%. Minuses: median household income 14% lower than the Colorado median; an average commute of 26 minutes; unemployment of 5.1%.
What is the median age in Derby?
The median age in Derby is 33.1 years (Colorado: 37.7).
How long is the commute in Derby?
The average commute to work in Derby is 26 minutes; 7.9% of workers work from home.
What is the unemployment rate in Derby?
The unemployment rate in Derby is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Derby?
15.5% of adults in Derby 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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