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Economy, jobs and prices in Denver, Colorado: official figures

The median household income in Denver was $94,718 a year in the 2020-2024 American Community Survey (in 2024 dollars), 276th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Colorado median $95,470.

Median household income
$94,718
2020-2024
Unemployment rate (ACS)
4.9%
2020-2024
Mean travel time to work
24.9 min
2020-2024
Median gross rent (monthly)
$1,831
2020-2024
Median home value (owner-occupied)
$616,000
2020-2024
Homes occupied by their owners
48.8%
2020-2024
Households with a broadband subscription
92.9%
2020-2024

What is the per capita income in Denver?

Income per resident (per capita income) in Denver averaged $64,163 a year in 2020-2024, 82nd highest of 823 US cities of 50,000 or more (US: $44,673; Colorado: $52,636).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Denver?

Denver's Gini index of household income inequality was 0.490 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 140th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Denver, Colorado?

4.9% of the civilian labor force in Denver was unemployed on average over 2020-2024 (21,863 people), 339th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Colorado's 4.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Denver are working?

74.4% of Denver's 603,002 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 23rd highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Denver have jobs?

425,818 residents of Denver held civilian jobs, 70.6% of those aged 16 and over (US: 59.7%), and 1,158 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Denver?

The largest industry group for working residents of Denver was education, health care and social assistance (21.8% of employed residents), followed by professional, scientific, management and administrative services (20.7%) and finance, insurance and real estate (8.8%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Denver work in manufacturing?

Manufacturing employed 5.7% of working residents of Denver, 144th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 20.7% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Denver, Colorado?

Commuters in Denver took 24.9 minutes on average to get to work in 2020-2024, 391st longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.1% travelled an hour or more and 21.1% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Denver get to work?

27.3% of workers living in Denver worked from home in 2020-2024, 77th highest of 823 US cities of 50,000 or more (US: 15.1%). 56.1% drove to work alone, 6.3% carpooled, 3.8% used public transport and 3.6% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Denver, Colorado?

The median gross rent (rent plus utilities) in Denver was $1,831 a month in 2020-2024, 252nd highest of 823 US cities of 50,000 or more (US: $1,413; Colorado: $1,761).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Denver?

Owner-occupied homes in Denver had a median value of $616,000 in 2020-2024 as estimated by their owners, 172nd highest of 823 US cities of 50,000 or more (US: $332,700; Colorado: $539,400).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Denver?

The median home value in Denver was 6.5 times the median household income, 159th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Denver, Colorado own their home?

48.8% of the 335,428 occupied homes in Denver were lived in by their owners in 2020-2024 and 171,873 were rented, 185th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Colorado: 66.2%).

Source: U.S. Census Bureau · saved copy

What share of homes in Denver have broadband?

92.9% of households in Denver had a broadband internet subscription of some type in 2020-2024, 384th highest of 823 US cities of 50,000 or more (US: 91.0%; Colorado: 93.5%).

Source: U.S. Census Bureau · saved copy

How many households in Denver have no internet?

3.7% of households in Denver (12,403) had no internet access at home in 2020-2024, 279th lowest of 823 US cities of 50,000 or more (US: 6.5%); 8.2% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Denver compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Denver ranks 276 of 823, highest first.

RankCityMedian household income (2024 dollars)
273Georgetown$95,062
274La Mesa$95,028
275Vista$94,975
276Denver$94,718
277Missouri City$94,390
278Doral$94,164
279Santa Ana$93,999
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Denver ranks 82 of 823, highest first.

RankCityPer capita income (2024 dollars)
79Smyrna$64,689
80St. Louis Park$64,370
81Broomfield$64,288
82Denver$64,163
83Huntington Beach$64,102
84Irvine$64,055
85Boulder$63,074
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Denver ranks 140 of 823, highest first.

RankCityGini index of household income inequality
137Gulfport0.491
138Daytona Beach0.491
139Columbus0.491
140Denver0.490
141Knoxville0.490
142Seattle0.490
143Greensboro0.490
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Denver ranks 485 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
482Peabody4.9%
483Tampa4.9%
484Redmond4.9%
485Denver4.9%
486Diamond Bar4.9%
487Mableton4.9%
488Weymouth Town4.9%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Denver ranks 23 of 823, highest first.

RankCityLabor force participation rate (16 and over)
20Fargo74.7%
21Castle Rock74.6%
22Lakeville74.5%
23Denver74.4%
24Royal Oak74.4%
25Sandy Springs74.2%
26Goose Creek74.2%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Denver ranks 391 of 823, highest first.

RankCityMean travel time to work (minutes)
388Dunwoody24.9
389Jupiter24.9
390Round Rock24.9
391Denver24.9
392Santa Monica24.8
393Greenwood24.8
394Euless24.8
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Denver ranks 77 of 823, highest first.

RankCityWorkers who worked from home
74Carmel27.4%
75Royal Oak27.4%
76Woodbury27.4%
77Denver27.3%
78Weston27.3%
79Little Elm27.2%
80Centennial26.9%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Denver ranks 142 of 823, highest first.

RankCityWorkers commuting by public transportation
139Renton3.8%
140Long Beach3.8%
141Fremont3.8%
142Denver3.8%
143South Gate3.8%
144Union City3.8%
145Rochester3.7%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Denver ranks 680 of 823, highest first.

RankCityEmployed residents working in manufacturing
677Port Orange5.7%
678Coral Springs5.7%
679Albany5.7%
680Denver5.7%
681Dunwoody5.7%
682Evanston5.7%
683Coeur d'Alene5.7%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Denver ranks 520 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
517Richardson21.9%
518Stockton21.8%
519Sandy21.8%
520Denver21.8%
521Lakewood21.8%
522Allentown21.8%
523New Brunswick21.8%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Denver ranks 252 of 823, highest first.

RankCityMedian gross rent per month
249Huntersville$1,834
250Eden Prairie$1,833
251Avondale$1,832
252Denver$1,831
253Bellflower$1,830
254Clermont$1,828
255Citrus Heights$1,827
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Denver ranks 172 of 823, highest first.

RankCityMedian value of owner-occupied homes
169Sandy Springs$619,800
170Redlands$618,900
171Quincy$618,500
172Denver$616,000
173Sandy$614,100
174Chapel Hill$613,700
175National City$612,200
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Denver ranks 156 of 820, highest first.

RankCityMedian home value as a multiple of median household income
153Barnstable Town6.6x
154Vallejo6.5x
155Chino6.5x
156Denver6.5x
157Lake Havasu City6.5x
158West New York6.5x
159St. George6.5x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Denver ranks 639 of 823, highest first.

RankCityOccupied homes lived in by their owners
636Gardena48.8%
637Stamford48.8%
638Tustin48.8%
639Denver48.8%
640Columbia48.7%
641Canton48.7%
642Manchester48.7%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Denver ranks 384 of 823, highest first.

RankCityHouseholds with a broadband subscription
381Cape Coral92.9%
382Burien92.9%
383Sparks92.9%
384Denver92.9%
385Clermont92.9%
386West Haven92.9%
387Aurora92.8%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Denver ranks 545 of 823, highest first.

RankCityHouseholds with no internet access
542Beaumont3.7%
543San Marcos3.7%
544Murray3.7%
545Denver3.7%
546Barnstable Town3.7%
547St. Charles3.7%
548Bartlett3.6%
Source: U.S. Census Bureau · saved copy

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Sources

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