Bennett, CO
Population 3,472 · Colorado
About Bennett, CO
Bennett is a small town located in Colorado with a population of 3,472 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,450 per year, which is 23% above the national median of $75,149. The median age of 34 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 Bennett features a median home value of $426,500, which is 74% above the national median of $244,900. This places Bennett in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,328, 14% above the national average of $1,163/month. Of the 1,114 total housing units, 88% are owner-occupied (975 units) and 12% are renter-occupied (133 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bennett shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 5.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bennett have an average one-way commute time of 41.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
21.2% of Bennett residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 20.6% White, 2.7% Hispanic or Latino, 0.7% Black or African American, and 2.3% Asian residents, with 6.1% of the population being foreign-born.
Cost of Living in Bennett, CO
Compared to national averages, Bennett has a median household income of $92,450 (23% above the national median of $75,149). Home values average $426,500, which is 74% above the national median. Monthly rent at $1,328 is 14% above the US average of $1,163. Within Colorado, Bennett's income is 4% above the state average of $88,514, and home values are 7% below the state median of $457,127.
Why Live in Bennett, CO?
Bennett offers a strong local economy with a median household income of $92,450, well above the national average, and a low poverty rate of 5.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $426,500. However, Bennett’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bennett has a population of 3,472 with a median age of 34 years. Compare Bennett with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Bennett
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Yuma | 3,427 | $52,102 | $180,000 | Compare |
| Ponderosa Park | 3,556 | $133,425 | $670,400 | Compare |
| Silt | 3,575 | $86,484 | $391,400 | Compare |
| Sierra Ridge | 3,264 | $156,456 | $840,300 | Compare |
| Strasburg | 3,249 | $81,607 | $445,100 | Compare |
| Orchard City | 3,193 | $65,282 | $286,500 | Compare |
| Niwot | 3,773 | $141,621 | $868,400 | Compare |
| Burlington | 3,165 | $59,842 | $199,000 | 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.
Compare Bennett With Other Cities
Frequently Asked Questions about Bennett
What is the population of Bennett, CO?
The population of Bennett, CO is 3,472 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 Bennett?
The median household income in Bennett, CO is $92,450 per year, which is 23% above the national median of $75,149.
What is the median home value in Bennett?
The median home value in Bennett, CO is $426,500, which is 74% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bennett?
The median monthly rent in Bennett, CO is $1,328, which is 14% above the national average of $1,163/month.
What is the unemployment rate in Bennett?
The unemployment rate in Bennett, CO is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bennett, CO a good place to live?
Bennett offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,472 and a median age of 34, the city appeals to young professionals and families.
How educated is Bennett, CO?
21.2% of residents in Bennett aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bennett?
Key cost-of-living indicators for Bennett, CO: median home value is $426,500 (74% above national), median rent is $1,328/month, and median household income is $92,450. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Bennett?
The poverty rate in Bennett, CO is 5.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bennett, CO?
Bennett's population is 20.6% White, 2.7% Hispanic or Latino, 0.7% Black or African American, 2.3% Asian, and 2.2% two or more races. 6.1% of residents are foreign-born.