Dove Valley, CO
Population 5,313 · Colorado
About Dove Valley, CO
Dove Valley is a small town located in Colorado with a population of 5,313 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,772 per year, which is 14% above the national median of $75,149. The median age of 32 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 Dove Valley features a median home value of $425,900, which is 74% above the national median of $244,900. This places Dove Valley in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,892, 63% above the national average of $1,163/month. Of the 2,372 total housing units, 34% are owner-occupied (773 units) and 66% are renter-occupied (1,520 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 Dove Valley shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Dove Valley have an average one-way commute time of 22.4 minutes.
Education & Demographics
43.4% of Dove Valley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 15.9% White, 1.5% Hispanic or Latino, 0.7% Black or African American, and 9.1% Asian residents, with 15.4% of the population being foreign-born.
Cost of Living in Dove Valley, CO
Compared to national averages, Dove Valley has a median household income of $85,772 (14% above the national median of $75,149). Home values average $425,900, which is 74% above the national median. Monthly rent at $1,892 is 63% above the US average of $1,163. Within Colorado, Dove Valley's income is 3% below the state average of $88,514, and home values are 7% below the state median of $457,127.
Why Live in Dove Valley, CO?
Dove Valley offers a strong local economy with a median household income of $85,772, well above the national average, and a well-educated community where 43.4% of residents hold a bachelor’s degree or higher, and short commute times averaging just 22.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $425,900. However, Dove Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Dove Valley has a population of 5,313 with a median age of 32 years. Compare Dove Valley with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Dove Valley
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Shaw Heights | 5,309 | $89,125 | $452,700 | Compare |
| Brush | 5,299 | $73,026 | $265,300 | Compare |
| Battlement Mesa | 5,402 | $69,432 | $231,500 | Compare |
| West Pleasant View | 5,221 | $89,352 | $454,000 | Compare |
| Mead | 5,503 | $116,074 | $552,100 | Compare |
| Todd Creek | 5,069 | $185,417 | $856,800 | Compare |
| Meridian | 5,058 | $90,496 | $571,600 | Compare |
| Breckenridge | 5,001 | $132,666 | $757,100 | 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 Dove Valley With Other Cities
Frequently Asked Questions about Dove Valley
What is the population of Dove Valley, CO?
The population of Dove Valley, CO is 5,313 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 Dove Valley?
The median household income in Dove Valley, CO is $85,772 per year, which is 14% above the national median of $75,149.
What is the median home value in Dove Valley?
The median home value in Dove Valley, CO is $425,900, which is 74% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Dove Valley?
The median monthly rent in Dove Valley, CO is $1,892, which is 63% above the national average of $1,163/month.
What is the unemployment rate in Dove Valley?
The unemployment rate in Dove Valley, 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 Dove Valley, CO a good place to live?
Dove Valley offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 5,313 and a median age of 32, the city appeals to young professionals and families.
How educated is Dove Valley, CO?
43.4% of residents in Dove Valley 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 Dove Valley?
Key cost-of-living indicators for Dove Valley, CO: median home value is $425,900 (74% above national), median rent is $1,892/month, and median household income is $85,772. The home-value-to-income ratio is 5.0x, a moderate figure by national standards.
What is the poverty rate in Dove Valley?
The poverty rate in Dove Valley, CO is 13.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Dove Valley, CO?
Dove Valley's population is 15.9% White, 1.5% Hispanic or Latino, 0.7% Black or African American, 9.1% Asian, and 14.2% two or more races. 15.4% of residents are foreign-born.