Everything You Need to Know About the City of Denver Colorado

In 2018, Denver, CO had a population of 716k people with a median age of 34.6 and a median household income of $68,377. Between 2017 and 2018 the population of Denver, CO grew from 704,621 to 716,492, a 1.68% increase, and its median household income grew from $65,224 to $68,377, a 4.83% increase.

The population of Denver, CO is 54.3% White Alone, 29.7% Hispanic or Latino, and 8.48% Black or African American Alone. N/A% of the people in Denver, CO speak a non-English language, and 91.9% are U.S. citizens.

The largest universities in Denver, CO are University of Denver (4,562 degrees awarded in 2017), Metropolitan State University of Denver (3,674 degrees), and Regis University (2,819 degrees).

The median property value in Denver, CO is $435,100, and the homeownership rate is 49.3%. Most people in Denver, CO commute by Drove Alone, and the average commute time is 22.9 minutes. The average car ownership in Denver, CO is 2 cars per household.


Education in Denver

In 2017, universities in Denver, CO awarded 15,865 degrees. The student population of Denver, CO is slanted towards ladies, with 28,025 male students and 35,953 female students.

Most students graduating from Universities in Denver, CO are White (9,369 and 61.9%), followed by Hispanic or Latino (2,571 and 17%), Unknown (944 and 6.24%), and Black or African American (908 and 6%).

The largest universities in Denver, CO by the number of degrees awarded are University of Denver (4,562 and 28.8%), Metropolitan State University of Denver (3,674 and 23.2%), and Regis University (2,819 and 17.8%).

The most popular majors in Denver, CO are Registered Nursing (850 and 5.36%), General Business Administration & Management (688 and 4.34%), and Social Work (509 and 3.21%).

The median tuition costs in Denver, CO is $33,209 for private four-year colleges, and $4,766 and $16,019 respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Denver

The economy of Denver, Colorado employs 418k people and  Denver has an unemployment rate of 3.0%. Denver 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 45.0%, which is higher than the US average of 33.5%. The largest industries in Denver, CO is Professional, Scientific, & Technical Services (56,302 people), Health Care & Social Assistance (45,882 people), and Retail Trade (39,142 people), and the highest paying industries are Management of Companies & Enterprises ($131,204), Mining, Quarrying, & Oil & Gas Extraction ($72,083), and Finance & Insurance ($71,556).

Households in Denver, CO have a median annual income of $68,377, 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 $65,224 in 2017, which represents a 4.83% annual growth.


Tax Rates for Denver

– The Sales Tax Rate for Denver is 7.7%. The US average is 7.3%.

– The Income Tax Rate for Denver is 4.8%. The US average is 4.6%.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Denver

– The average income of a Denver resident is $34,423 a year.

– The Median household income of a Denver resident is $51,800 a year.