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 Rate | 2.3% |
| Poverty Rate | 2.0% |
| Gini Coefficient | 0.418 |
| Cost of Living Index | 103.1 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 68.5% |
| Public Transit | 7.7% |
| Work From Home | 8.4% |
Businesses
| Total Establishments | 3,052 |
| Restaurants | 228 |
| Healthcare | 183 |
| Retail | 257 |
| Manufacturing | 42 |
Tax
| IRS Avg AGI | $94,076 |
| Avg Property Tax | $4,523 |
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