Air Force Academy, CO
Population 6,701 · Colorado
About Air Force Academy, CO
Air Force Academy is a small town located in Colorado with a population of 6,701 residents according to the latest US Census Bureau American Community Survey data. The median household income is $93,889 per year, which is 25% above the national median of $75,149. The median age of 20.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Air Force Academy features a median home value of $0, which is 100% below the national median of $244,900. This makes Air Force Academy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $2,223, 91% above the national average of $1,163/month. Of the 681 total housing units, 0% are owner-occupied (0 units) and 100% are renter-occupied (672 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Air Force Academy shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.6%, above the national average of 12.4%. Workers in Air Force Academy have an average one-way commute time of 11.7 minutes, one of the shorter commutes in the region.
Education & Demographics
35.4% of Air Force Academy residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 5.4% White, 1.1% Hispanic or Latino, 0.9% Black or African American, and 4.7% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Air Force Academy, CO
Compared to national averages, Air Force Academy has a median household income of $93,889 (25% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $2,223 is 91% above the US average of $1,163. Within Colorado, Air Force Academy's income is 6% above the state average of $88,514, and home values are 100% below the state median of $457,127.
Why Live in Air Force Academy, CO?
Air Force Academy offers a strong local economy with a median household income of $93,889, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features a well-educated community where 35.4% of residents hold a bachelor’s degree or higher, and short commute times averaging just 11.7 minutes.
Air Force Academy has a population of 6,701 with a median age of 20.9 years. Compare Air Force Academy with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Air Force Academy
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gunnison | 6,712 | $55,313 | $432,200 | Compare |
| Orchard Mesa | 6,597 | $76,173 | $304,200 | Compare |
| Carbondale | 6,553 | $94,300 | $796,100 | Compare |
| Aspen | 6,862 | $78,636 | $1,375,000 | Compare |
| Dacono | 6,419 | $99,389 | $448,200 | Compare |
| Stratmoor | 6,396 | $62,759 | $276,000 | Compare |
| Cherry Hills Village | 6,366 | $250,001 | $2,000,001 | Compare |
| Gleneagle | 6,207 | $137,105 | $570,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Air Force Academy With Other Cities
Frequently Asked Questions about Air Force Academy
What is the population of Air Force Academy, CO?
The population of Air Force Academy, CO is 6,701 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Colorado.
What is the median household income in Air Force Academy?
The median household income in Air Force Academy, CO is $93,889 per year, which is 25% above the national median of $75,149.
What is the median home value in Air Force Academy?
The median home value in Air Force Academy, CO is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Air Force Academy?
The median monthly rent in Air Force Academy, CO is $2,223, which is 91% above the national average of $1,163/month.
What is the unemployment rate in Air Force Academy?
The unemployment rate in Air Force Academy, CO is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Air Force Academy, CO a good place to live?
Air Force Academy offers above-average incomes, affordable housing, and a strong job market. With a population of 6,701 and a median age of 20.9, the city appeals to young professionals and families.
How educated is Air Force Academy, CO?
35.4% of residents in Air Force Academy aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Air Force Academy?
Key cost-of-living indicators for Air Force Academy, CO: median home value is $0 (100% below national), median rent is $2,223/month, and median household income is $93,889. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Air Force Academy?
The poverty rate in Air Force Academy, CO is 17.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Air Force Academy, CO?
Air Force Academy's population is 5.4% White, 1.1% Hispanic or Latino, 0.9% Black or African American, 4.7% Asian, and 9.1% two or more races. 2.2% of residents are foreign-born.