Everything You Need to Know About the City of Arvada Colorado
In 2017, Arvada, CO had a population of 115k people with a median age of 40.1 and a median household income of $75,640. Between 2016 and 2017 the population of Arvada, CO grew from 113,532 to 115,320, a 1.57% increase and its median household income grew from $72,010 to $75,640, a 5.04% increase.
The population of Arvada, Colorado is 80.4% White Alone, 14.5% Hispanic or Latino, and 1.99% Asian Alone. N/A% of the people in Arvada, CO speak a non-English language, and 97.7% are U.S. citizens.
The largest universities in Arvada, CO are College of International Esthetics Inc (90 degrees awarded in 2017).
The median property value in Arvada, CO is $312,500, and the homeownership rate is 73.4%. Most people in Arvada, CO commute by Drove Alone, and the average commute time is 25.4 minutes. The average car ownership in Arvada, CO is 2 cars per household.
In 2017, universities in Arvada, CO awarded 90 degrees. The student population of Arvada, CO is skewed towards women, with 2 male students and 109 female students.
Most students graduating from Universities in Arvada, CO are White (58 and 64.4%), followed by Hispanic or Latino (21 and 23.3%), Asian (3 and 3.33%), and Unknown (3 and 3.33%).
The largest universities in Arvada, CO by the number of degrees awarded are College of International Esthetics Inc (90 and 100%).
The most popular majors in Arvada, CO are Aesthetician & Skin Care Specialist (90 and 100%).
The median tuition costs in Arvada, CO is $N/A for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Arvada, CO employs 62.7k people and Arvada has an unemployment rate of 2.9%. Arvada has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%. The largest industries in Arvada, CO are Health Care & Social Assistance (7,633 people), Retail Trade (6,907 people), and Professional, Scientific, & Technical Services (6,162 people), and the highest paying industries are Management of Companies & Enterprises ($136,250), Mining, Quarrying, & Oil & Gas Extraction ($86,528), and Utilities ($83,444).
Households in Arvada, CO have a median annual income of $75,640, which is more than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $72,010 in 2016, which represents a 5.04% annual growth.
Tax Rates for Arvada
– The Sales Tax Rate for Arvada is 8.0%. The US average is 7.3%.
– The Income Tax Rate for Arvada is 4.6%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Arvada
– The average income of an Arvada resident is $34,312 a year.
– The Median household income of an Arvada resident is $69,550 a year.
