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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 $1,399,878 Zillow
$2,188 Median Rent 22.5% income on rent
43°F Avg Temperature 330 sunny days/yr
24 Violent Crime/100K 238 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$106,000 median income, 2.3% unemployment
F
Affordability
1.0 / 5.0
$1,148,100 home value, $2,188/mo rent
F
Safety
1.0 / 5.0
24 violent crimes/100K
A+
Education
5.0 / 5.0
59.3% bachelor's degree or higher

Income Overview

Median Household Income
$106,000
41% above
US avg: $75,149
Per Capita Income
$67,402
73% above
US avg: $39,052
Unemployment Rate
2.3%
36% below
US avg: 3.6%
Poverty Rate
2.0%
84% below
US avg: 12.4%

Income Comparison: Basalt vs. U.S. Average

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

Median Household
US: $75,149
$106,000
141%
Per Capita
US: $39,052
$67,402
173%
IRS Avg AGI
US: $72,000
$94,076
131%
Avg Weekly Wage
US: $1,432
$1,241
87%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,241
13% below US avg ($1,432)
Mean Commute Time
27 min
4% below US avg (28 min)
Work From Home
8.4%
45% below US avg (15.2%)
Drive Alone
68.5%
6% below US avg (73.2%)
Public Transit
7.7%
54% above US avg (5.0%)
County GDP
$5,011M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 68.5%
Public Transit 7.7%
Work From Home 8.4%
Other 15.4%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,052
Restaurants
228
Healthcare
183
Retail
257
Manufacturing
42

Tax & Financial

IRS Avg Adjusted Gross Income
$94,076
31% above US avg ($72,000)
Avg Property Tax
$4,523
29% above US avg ($3,500)
Cost of Living Index
103.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$106,000
Per Capita Income$67,402
IRS Avg Adjusted Gross Income$94,076
Avg Weekly Wage$1,241
County GDP$5,011M

Hardship Indicators

Unemployment Rate2.3%
Poverty Rate2.0%
Gini Coefficient0.418
Cost of Living Index103.1

Commute

Mean Commute27 minutes
Drive Alone68.5%
Public Transit7.7%
Work From Home8.4%

Businesses

Total Establishments3,052
Restaurants228
Healthcare183
Retail257
Manufacturing42

Tax

IRS Avg AGI$94,076
Avg Property Tax$4,523