Is Aspen, Colorado a Good Place To Live? - Living In Aspen, CO
Is Aspen, Colorado a good place to live?
Aspen is a city in Colorado state in USA with a population of 7721 residents..
The poverty rate of Aspen is 4.4%, which is 69% lower than national average.
The typical household in Aspen earns $77669 a year, compared to the national median of $67,500.
Nearly 31.3% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Aspen, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Aspen remained 1.3%, which is 72% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Aspen, only 65% of adults have a bachelor's degree and 20% have some college but no degree.
Cost of living in Aspen is 141, which is 41% higher than national average. Median home value in Aspen is $558000 , which is 143% higher than national average. While median income in Aspen remained $77669, which is 15% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Aspen, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Aspen remained 1.3%, which is 72% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Aspen, only 65% of adults have a bachelor's degree and 20% have some college but no degree.
Cost of living in Aspen is 141, which is 41% higher than national average. Median home value in Aspen is $558000 , which is 143% higher than national average. While median income in Aspen remained $77669, which is 15% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
7721
Unemployment
1.3%
Poverty
4.4%
Overall Score
9
Median Home Cost
$558000
143%
NAT AVG.
Median Income
$77669
15%
NAT AVG.
Median Rent
$1671
44%
NAT AVG.
Cost Of Living
141
41%
NAT AVG.
People Living BPL
1 in 23
Unemployed People
1 in 77
People Earning < $10,000
1 in 38
People Earning < $50,000
31.3%
People with <= High School
1 in 6.7
People With Any Degree
1 in 1.4
Pros & Cons Overview
Jobs90%
Housing95%
Affordability30%
Safety80%
Amenities80%
Diversity60%
Education90%
Commute100%
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