Basalt, CO
Population 3,995 · Colorado
About Basalt, CO
Basalt is a small community in Colorado with a population of 3,995 residents. The median household income is $106,000 per year, which is above the national average. The median age in Basalt is 43.6 years.
Housing in Basalt has a median home value of $1,148,100 and median monthly rent of $2,188. Of the 2,143 total housing units, the majority are owner-occupied, with 1,075 owner-occupied and 773 renter-occupied units.
The unemployment rate in Basalt is 3.0% and the poverty rate is 4.2%. 59.3% of residents hold a bachelor's degree or higher. The average commute time is 26.6 minutes.
Cost of Living in Basalt, CO
Compared to national averages, Basalt has a median household income of $106,000 (41% above the national median of $75,149). Home values average $1,148,100, which is 369% above the national median. Monthly rent at $2,188 is 88% above the US average of $1,163. Within Colorado, Basalt's income is 20% above the state average of $88,514, and home values are 151% above the state median of $457,127.
Why Live in Basalt, CO?
Basalt offers a strong local economy with a median household income of $106,000, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 59.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,148,100. However, Basalt’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Basalt has a population of 3,995 with a median age of 43.6 years. Compare Basalt with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Basalt
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Penrose | 3,978 | $75,109 | $276,100 | Compare |
| El Jebel | 3,935 | $100,518 | $854,300 | Compare |
| Florence | 3,870 | $57,239 | $228,300 | Compare |
| Rocky Ford | 3,843 | $35,658 | $126,100 | Compare |
| Genesee | 3,826 | $172,692 | $994,700 | Compare |
| Monte Vista | 4,178 | $49,339 | $204,500 | Compare |
| Niwot | 3,773 | $141,621 | $868,400 | Compare |
| Lincoln Park | 4,315 | $64,750 | $272,000 | 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.
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Frequently Asked Questions about Basalt
What is the population of Basalt, CO?
The population of Basalt, CO is 3,995 according to the latest Census data.
What is the median household income in Basalt?
The median household income in Basalt, CO is $106,000 per year.
What is the median home value in Basalt?
The median home value in Basalt, CO is $1,148,100.
What is the average rent in Basalt?
The median monthly rent in Basalt, CO is $2,188.
What is the unemployment rate in Basalt?
The unemployment rate in Basalt, CO is 3.0%.