Basalt, CO

Full City Profile · Colorado · Garfield County County

3.0 /5.0
B Good
3,995 Population 1,978/sq mi density
$106,000 Median Income $67,402 per capita
$1,148,100 Home Value $1,451,260 Zillow
$2,188 Median Rent 22.5% income on rent
43°F Avg Temperature
174 Violent Crime/100K 1,321 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$106,000 median income, 3.0% unemployment
F
Affordability
1.0 / 5.0
$1,148,100 home value, $2,188/mo rent
F
Safety
1.0 / 5.0
174 violent crimes/100K
A+
Education
5.0 / 5.0
59.3% bachelor's degree or higher

Basalt, CO

At a Glance

Median Income
$106,000
41% above
$67,402 per capita
Home Value
$1,148,100
307% above
Zillow: $1,451,260
Median Rent
$2,188/mo
88% above
22.5% of income on rent
Violent Crime
174/100K
54% below
1,321/100K property
Bachelor's Degree+
59.3%
76% above
99.2% high school+
Unemployment
3.0%
17% below
2.0% poverty rate
Obesity Rate
22.0%
31% below
9.5% smoking rate
Avg Temperature
43°F

How Basalt Compares to the U.S. Average

Each bar shows Basalt's value as a percentage of the national average (100% = U.S. avg)

Income
141%
Home Value
407%
Rent
188%
Poverty
16%
Bachelor's
176%
Unemployment
83%
Crime
46%
Thin vertical line = U.S. national average (100%)

Is Basalt a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Basalt residents earn a median household income of $106,000 , which is 41% above the national average of $75,149. Per capita income is $67,402. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 2.0% of residents live below the poverty line. The area is home to 3,052 business establishments, including 228 restaurants.

Housing & Cost of Living

The median home value in Basalt is $1,148,100 , 307% above the national median of $281,900. Zillow estimates the typical home at $1,451,260. Median rent is $2,188/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 103.1 (100 = national average). The median home was built in 1994.

Safety & Crime

Basalt reports 174 violent crimes per 100,000 residents , which is 54% below the national average of 380/100K. Property crime is 1,321/100K.

Education

59.3% of adults in Basalt hold a bachelor's degree or higher (76% above the national average). 99.2% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Basalt has an average annual temperature of 43°F (6°C). Winters average 22°F in January while summers reach 65°F in July. Annual precipitation totals 14.9 inches. Air quality is rated Good with a median AQI of 49.

Data Overview

People

Population3,995
Median Age43.6 yrs
Density1,978/mi²
Male / Female51% / 49%
Foreign Born2.6%
Veterans4.1%

Economy

A+
Median Income$106,000
Per Capita$67,402
Unemployment3.0%
Poverty2.0%
County GDP$5,011M
Avg Weekly Wage$1,241

Housing

F
Home Value$1,148,100
Rent$2,188
Ownership58.2%
Zillow$1,451,260
Housing Units2,180
Rent Burden22.5%

Crime

F
Violent174/100K
Property1,321/100K

Health

Obesity22.0%
Diabetes6.8%
Smoking9.5%
Heart Disease4.4%
Premature Death6,090/100K

Climate

Avg Temp43°F
Rain14.9 in/yr
AQI49 (Good)
Elevation6,562 ft

Education

A+
Bachelor's+59.3%
High School+99.2%
Graduate+13.6%
School Score5.4/10

Community

2024 VoteR 48% / D 50%
Commute27 min
Broadband100.0%
Internet Speed70 Mbps
EV Stations12
Libraries6

Did You Know?

The median home in Basalt was built in 1994.
The nearest airport is Eagle County Regional (20 miles).
The Gini coefficient (income inequality) is 0.418 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
5.4% of the population has a disability.
There are 228 restaurants in the area.
The county recorded 13 fatal vehicle crashes.
182 declared natural disasters on record.