Denver, CO
Population 713,734 · Colorado
About Denver, CO
Denver is a major city located in Colorado with a population of 713,734 residents according to the latest US Census Bureau American Community Survey data. The median household income is $91,681 per year, which is 22% above the national median of $75,149. The median age of 35.2 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 Denver features a median home value of $586,700, which is 140% above the national median of $244,900. This places Denver in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,770, 52% above the national average of $1,163/month. Of the 352,593 total housing units, 49% are owner-occupied (161,908 units) and 51% are renter-occupied (167,670 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 Denver shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 11.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Denver have an average one-way commute time of 25.4 minutes.
Education & Demographics
55.6% of Denver 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 20.9% White, 2.9% Hispanic or Latino, 0.7% Black or African American, and 6.1% Asian residents, with 13.8% of the population being foreign-born.
How Denver Ranks in Colorado
Cost of Living in Denver, CO
Compared to national averages, Denver has a median household income of $91,681 (22% above the national median of $75,149). Home values average $586,700, which is 140% above the national median. Monthly rent at $1,770 is 52% above the US average of $1,163. Within Colorado, Denver's income is 4% above the state average of $88,514, and home values are 28% above the state median of $457,127.
Why Live in Denver, CO?
Denver offers a strong local economy with a median household income of $91,681, well above the national average, and a well-educated community where 55.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $586,700. However, as a major city, Denver provides access to a wide range of amenities and services.
Denver has a population of 713,734 with a median age of 35.2 years. Compare Denver with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Denver
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Colorado Springs | 483,099 | $83,198 | $420,700 | Compare |
| Aurora | 390,201 | $84,320 | $444,500 | Compare |
| Fort Collins | 169,705 | $83,598 | $548,400 | Compare |
| Lakewood | 156,309 | $85,789 | $548,200 | Compare |
| Thornton | 142,878 | $100,985 | $482,200 | Compare |
| Arvada | 122,835 | $113,396 | $600,800 | Compare |
| Westminster | 115,546 | $96,145 | $497,400 | Compare |
| Pueblo | 111,514 | $55,305 | $230,900 | 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 Denver With Other Cities
Frequently Asked Questions about Denver
What is the population of Denver, CO?
The population of Denver, CO is 713,734 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Colorado.
What is the median household income in Denver?
The median household income in Denver, CO is $91,681 per year, which is 22% above the national median of $75,149.
What is the median home value in Denver?
The median home value in Denver, CO is $586,700, which is 140% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Denver?
The median monthly rent in Denver, CO is $1,770, which is 52% above the national average of $1,163/month.
What is the unemployment rate in Denver?
The unemployment rate in Denver, CO is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Denver, CO a good place to live?
Denver offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 713,734 and a median age of 35.2, the city appeals to a broad range of residents.
How educated is Denver, CO?
55.6% of residents in Denver 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 Denver?
Key cost-of-living indicators for Denver, CO: median home value is $586,700 (140% above national), median rent is $1,770/month, and median household income is $91,681. The home-value-to-income ratio is 6.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Denver?
The poverty rate in Denver, CO is 11.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Denver, CO?
Denver's population is 20.9% White, 2.9% Hispanic or Latino, 0.7% Black or African American, 6.1% Asian, and 8.5% two or more races. 13.8% of residents are foreign-born.