Severance, CO
Population 9,302 · Colorado
About Severance, CO
Severance is a small community in Colorado with a population of 9,302 residents. The median household income is $127,257 per year, which is above the national average. The median age in Severance is 33.2 years.
Housing in Severance has a median home value of $493,800 and median monthly rent of $2,108. Of the 3,190 total housing units, the majority are owner-occupied, with 2,971 owner-occupied and 219 renter-occupied units.
The unemployment rate in Severance is 3.1% and the poverty rate is 3.3%. 49.7% of residents hold a bachelor's degree or higher. The average commute time is 29.8 minutes.
Cost of Living in Severance, CO
Compared to national averages, Severance has a median household income of $127,257 (69% above the national median of $75,149). Home values average $493,800, which is 102% above the national median. Monthly rent at $2,108 is 81% above the US average of $1,163. Within Colorado, Severance's income is 44% above the state average of $88,514, and home values are 8% above the state median of $457,127.
Why Live in Severance, CO?
Severance offers a strong local economy with a median household income of $127,257, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 49.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $493,800. However, Severance’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Severance has a population of 9,302 with a median age of 33.2 years. Compare Severance with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Severance
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Delta | 9,266 | $46,010 | $238,100 | Compare |
| Roxborough Park | 9,365 | $167,671 | $648,100 | Compare |
| Stonegate | 9,164 | $157,021 | $614,000 | Compare |
| Craig | 9,022 | $69,256 | $252,900 | Compare |
| Cortez | 8,898 | $51,377 | $226,700 | Compare |
| Woodmoor | 8,819 | $174,138 | $702,900 | Compare |
| Redlands | 8,771 | $97,500 | $466,400 | Compare |
| Alamosa | 9,847 | $46,969 | $200,200 | 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.
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Frequently Asked Questions about Severance
What is the population of Severance, CO?
The population of Severance, CO is 9,302 according to the latest Census data.
What is the median household income in Severance?
The median household income in Severance, CO is $127,257 per year.
What is the median home value in Severance?
The median home value in Severance, CO is $493,800.
What is the average rent in Severance?
The median monthly rent in Severance, CO is $2,108.
What is the unemployment rate in Severance?
The unemployment rate in Severance, CO is 3.1%.