Gunnison, CO
Population 6,712 · Colorado
About Gunnison, CO
Gunnison is a small town located in Colorado with a population of 6,712 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,313 per year, which is 26% below the national median of $75,149. The median age of 26.1 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 Gunnison features a median home value of $432,200, which is 76% above the national median of $244,900. This places Gunnison in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,120, 4% below the national average of $1,163/month. Of the 3,111 total housing units, 45% are owner-occupied (1,327 units) and 55% are renter-occupied (1,626 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 Gunnison shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 26.0%, above the national average of 12.4%. Workers in Gunnison have an average one-way commute time of 21.3 minutes.
Education & Demographics
54.6% of Gunnison 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 9.1% White, 1.8% Hispanic or Latino, 0.0% Black or African American, and 3.5% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Gunnison, CO
Compared to national averages, Gunnison has a median household income of $55,313 (26% below the national median of $75,149). Home values average $432,200, which is 76% above the national median. Monthly rent at $1,120 is 4% below the US average of $1,163. Within Colorado, Gunnison's income is 38% below the state average of $88,514, and home values are 5% below the state median of $457,127.
Why Live in Gunnison, CO?
Gunnison offers rent that’s lower than the national average at $1,120/month, and a well-educated community where 54.6% of residents hold a bachelor’s degree or higher, and short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($55,313) that falls below the national average, and a competitive housing market where the typical home costs $432,200. However, Gunnison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gunnison has a population of 6,712 with a median age of 26.1 years. Compare Gunnison with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Gunnison
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Air Force Academy | 6,701 | $93,889 | $0 | Compare |
| Orchard Mesa | 6,597 | $76,173 | $304,200 | Compare |
| Aspen | 6,862 | $78,636 | $1,375,000 | Compare |
| Carbondale | 6,553 | $94,300 | $796,100 | Compare |
| Dacono | 6,419 | $99,389 | $448,200 | Compare |
| Stratmoor | 6,396 | $62,759 | $276,000 | Compare |
| Cherry Hills Village | 6,366 | $250,001 | $2,000,001 | Compare |
| La Junta | 7,211 | $54,253 | $180,700 | 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 Gunnison With Other Cities
Frequently Asked Questions about Gunnison
What is the population of Gunnison, CO?
The population of Gunnison, CO is 6,712 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 Gunnison?
The median household income in Gunnison, CO is $55,313 per year, which is 26% below the national median of $75,149.
What is the median home value in Gunnison?
The median home value in Gunnison, CO is $432,200, which is 76% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Gunnison?
The median monthly rent in Gunnison, CO is $1,120, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Gunnison?
The unemployment rate in Gunnison, CO is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Gunnison, CO a good place to live?
Gunnison offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 6,712 and a median age of 26.1, the city appeals to young professionals and families.
How educated is Gunnison, CO?
54.6% of residents in Gunnison 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 Gunnison?
Key cost-of-living indicators for Gunnison, CO: median home value is $432,200 (76% above national), median rent is $1,120/month, and median household income is $55,313. The home-value-to-income ratio is 7.8x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Gunnison?
The poverty rate in Gunnison, CO is 26.0%, 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 Gunnison, CO?
Gunnison's population is 9.1% White, 1.8% Hispanic or Latino, 0.0% Black or African American, 3.5% Asian, and 1.2% two or more races. 2.2% of residents are foreign-born.