Aspen Park, CO
Population 724 · Colorado
About Aspen Park, CO
Aspen Park is a small community located in Colorado with a population of 724 residents according to the latest US Census Bureau American Community Survey data. The median household income is $104,732 per year, which is 39% above the national median of $75,149. The median age of 49.3 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 Aspen Park features a median home value of $654,600, which is 167% above the national median of $244,900. This places Aspen Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 295 total housing units, 100% are owner-occupied (277 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Aspen Park shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Aspen Park have an average one-way commute time of 26.5 minutes.
Education & Demographics
58.2% of Aspen Park 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 9.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.9% of the population being foreign-born.
Cost of Living in Aspen Park, CO
Compared to national averages, Aspen Park has a median household income of $104,732 (39% above the national median of $75,149). Home values average $654,600, which is 167% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Colorado, Aspen Park's income is 18% above the state average of $88,514, and home values are 43% above the state median of $457,127.
Why Live in Aspen Park, CO?
Aspen Park offers a strong local economy with a median household income of $104,732, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 58.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $654,600. However, Aspen Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Aspen Park has a population of 724 with a median age of 49.3 years. Compare Aspen Park with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Aspen Park
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stratton | 729 | $57,656 | $158,500 | Compare |
| Green Mountain Falls | 717 | $96,346 | $369,000 | Compare |
| Grand View Estates | 736 | $170,375 | $854,400 | Compare |
| Foxfield | 739 | $195,750 | $994,700 | Compare |
| Rockvale | 743 | $48,125 | $189,100 | Compare |
| Kiowa | 704 | $62,917 | $337,500 | Compare |
| Winter Park | 750 | $62,917 | $548,300 | Compare |
| La Veta | 751 | $50,975 | $365,300 | 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 Aspen Park With Other Cities
Frequently Asked Questions about Aspen Park
What is the population of Aspen Park, CO?
The population of Aspen Park, CO is 724 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 Aspen Park?
The median household income in Aspen Park, CO is $104,732 per year, which is 39% above the national median of $75,149.
What is the median home value in Aspen Park?
The median home value in Aspen Park, CO is $654,600, which is 167% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Aspen Park?
The median monthly rent in Aspen Park, CO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Aspen Park?
The unemployment rate in Aspen Park, CO is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Aspen Park, CO a good place to live?
Aspen Park offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 724 and a median age of 49.3, the city appeals to established professionals and retirees.
How educated is Aspen Park, CO?
58.2% of residents in Aspen Park 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 Aspen Park?
Key cost-of-living indicators for Aspen Park, CO: median home value is $654,600 (167% above national), median rent is $0/month, and median household income is $104,732. The home-value-to-income ratio is 6.3x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Aspen Park?
The poverty rate in Aspen Park, CO is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Aspen Park, CO?
Aspen Park's population is 9.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.9% of residents are foreign-born.