Allenspark, CO
Population 826 · Colorado
About Allenspark, CO
Allenspark is a small community located in Colorado with a population of 826 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,048 per year, which is 66% above the national median of $75,149. The median age of 50.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Allenspark features a median home value of $750,000, which is 206% above the national median of $244,900. This places Allenspark in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,318, 13% above the national average of $1,163/month. Of the 813 total housing units, 77% are owner-occupied (288 units) and 23% are renter-occupied (85 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Allenspark shows an unemployment rate of 1.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Allenspark have an average one-way commute time of 32.2 minutes.
Education & Demographics
57.7% of Allenspark residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.1% White, 5.0% Hispanic or Latino, 0.0% Black or African American, and 3.3% Asian residents, with 6.1% of the population being foreign-born.
How Allenspark Ranks in Colorado
Cost of Living in Allenspark, CO
Compared to national averages, Allenspark has a median household income of $125,048 (66% above the national median of $75,149). Home values average $750,000, which is 206% above the national median. Monthly rent at $1,318 is 13% above the US average of $1,163. Within Colorado, Allenspark's income is 41% above the state average of $88,514, and home values are 64% above the state median of $457,127.
Why Live in Allenspark, CO?
Allenspark offers a strong local economy with a median household income of $125,048, well above the national average, and a strong job market with an unemployment rate of just 1.1%, and a well-educated community where 57.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $750,000. However, Allenspark’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Allenspark has a population of 826 with a median age of 50.5 years. Compare Allenspark with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Allenspark
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mount Crested Butte | 829 | $93,182 | $594,600 | Compare |
| Cripple Creek | 822 | $39,198 | $244,600 | Compare |
| Poncha Springs | 842 | $94,028 | $475,600 | Compare |
| Kittredge | 843 | $149,758 | $778,400 | Compare |
| Floyd Hill | 850 | $186,420 | $671,000 | Compare |
| Fairplay | 851 | $82,031 | $411,000 | Compare |
| Salt Creek | 852 | $52,123 | $268,200 | Compare |
| Tabernash | 797 | $121,023 | $1,083,300 | 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 Allenspark With Other Cities
Frequently Asked Questions about Allenspark
What is the population of Allenspark, CO?
The population of Allenspark, CO is 826 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Colorado.
What is the median household income in Allenspark?
The median household income in Allenspark, CO is $125,048 per year, which is 66% above the national median of $75,149.
What is the median home value in Allenspark?
The median home value in Allenspark, CO is $750,000, which is 206% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Allenspark?
The median monthly rent in Allenspark, CO is $1,318, which is 13% above the national average of $1,163/month.
What is the unemployment rate in Allenspark?
The unemployment rate in Allenspark, CO is 1.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Allenspark, CO a good place to live?
Allenspark offers above-average incomes, a competitive housing market, and a strong job market. With a population of 826 and a median age of 50.5, the city appeals to established professionals and retirees.
How educated is Allenspark, CO?
57.7% of residents in Allenspark 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 Allenspark?
Key cost-of-living indicators for Allenspark, CO: median home value is $750,000 (206% above national), median rent is $1,318/month, and median household income is $125,048. The home-value-to-income ratio is 6.0x, a moderate figure by national standards.
What is the poverty rate in Allenspark?
The poverty rate in Allenspark, CO is 5.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Allenspark, CO?
Allenspark's population is 2.1% White, 5.0% Hispanic or Latino, 0.0% Black or African American, 3.3% Asian, and 0.2% two or more races. 6.1% of residents are foreign-born.