Erie, CO
Population 31,927 · Colorado
About Erie, CO
Erie is a mid-sized city located in Colorado with a population of 31,927 residents according to the latest US Census Bureau American Community Survey data. The median household income is $163,644 per year, which is 118% above the national median of $75,149. The median age of 37.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Erie features a median home value of $685,900, which is 180% above the national median of $244,900. This places Erie in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,775, 139% above the national average of $1,163/month. Of the 11,277 total housing units, 88% are owner-occupied (9,755 units) and 12% are renter-occupied (1,346 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Erie shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Erie have an average one-way commute time of 26.8 minutes.
Education & Demographics
66.5% of Erie 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 6.2% White, 1.6% Hispanic or Latino, 0.6% Black or African American, and 3.2% Asian residents, with 8.5% of the population being foreign-born.
How Erie Ranks in Colorado
Cost of Living in Erie, CO
Compared to national averages, Erie has a median household income of $163,644 (118% above the national median of $75,149). Home values average $685,900, which is 180% above the national median. Monthly rent at $2,775 is 139% above the US average of $1,163. Within Colorado, Erie's income is 85% above the state average of $88,514, and home values are 50% above the state median of $457,127.
Why Live in Erie, CO?
Erie offers a strong local economy with a median household income of $163,644, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 66.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $685,900. However, Erie’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Erie has a population of 31,927 with a median age of 37.6 years. Compare Erie with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Erie
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wheat Ridge | 32,158 | $87,598 | $584,700 | Compare |
| Lafayette | 30,471 | $110,431 | $647,600 | Compare |
| Ken Caryl | 33,407 | $116,838 | $565,700 | Compare |
| Englewood | 33,774 | $82,016 | $534,000 | Compare |
| Dakota Ridge | 34,159 | $120,368 | $570,400 | Compare |
| Fountain | 29,327 | $85,246 | $374,600 | Compare |
| Pueblo West | 34,992 | $95,419 | $371,600 | Compare |
| Windsor | 35,918 | $121,758 | $562,300 | 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 Erie With Other Cities
Frequently Asked Questions about Erie
What is the population of Erie, CO?
The population of Erie, CO is 31,927 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Colorado.
What is the median household income in Erie?
The median household income in Erie, CO is $163,644 per year, which is 118% above the national median of $75,149.
What is the median home value in Erie?
The median home value in Erie, CO is $685,900, which is 180% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Erie?
The median monthly rent in Erie, CO is $2,775, which is 139% above the national average of $1,163/month.
What is the unemployment rate in Erie?
The unemployment rate in Erie, CO is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Erie, CO a good place to live?
Erie offers above-average incomes, a competitive housing market, and a strong job market. With a population of 31,927 and a median age of 37.6, the city appeals to a broad range of residents.
How educated is Erie, CO?
66.5% of residents in Erie 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 Erie?
Key cost-of-living indicators for Erie, CO: median home value is $685,900 (180% above national), median rent is $2,775/month, and median household income is $163,644. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Erie?
The poverty rate in Erie, CO is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Erie, CO?
Erie's population is 6.2% White, 1.6% Hispanic or Latino, 0.6% Black or African American, 3.2% Asian, and 0.1% two or more races. 8.5% of residents are foreign-born.