At a Glance
Median Income
$75,375
$29,434 per capita
Home Value
$300,000
Zillow: $421,576
Median Rent
$1,025/mo
29.2% of income on rent
Bachelor's Degree+
11.8%
88.8% high school+
Unemployment
0.4%
0.0% poverty rate
Obesity Rate
37.6%
12.8% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Basalt a Good Place to Live?
B+
3.6 / 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 $75,375 , which is 0% below the national average of $75,149.
Per capita income is $29,434. The unemployment rate stands at 0.4% (89% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 1,520 business establishments, including 63 restaurants.
Housing & Cost of Living
The median home value in Basalt is $300,000 , 6% above the national median of $281,900.
Zillow estimates the typical home at $421,576. Median rent is $1,025/month, with 29.2% of renters spending more than 30% of income on housing. The cost of living index is 95.5 (100 = national average). The median home was built in 1973.
Education
11.8% of adults in Basalt hold a bachelor's degree or higher
(65% below the national average).
88.8% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Basalt has an average annual temperature of 44°F (7°C).
Winters average 20°F in January while summers reach 68°F in July. Annual precipitation totals 10.1 inches.
Data Overview
People
Population511
Median Age36.5 yrs
Density1,762/mi²
Male / Female50% / 51%
Foreign Born5.9%
Veterans9.1%
Economy
A+
Median Income$75,375
Per Capita$29,434
Unemployment0.4%
Poverty0.0%
County GDP$2,218M
Avg Weekly Wage$915
Housing
A
Home Value$300,000
Rent$1,025
Ownership89.1%
Zillow$421,576
Housing Units151
Rent Burden29.2%
Health
Obesity37.6%
Diabetes8.9%
Smoking12.8%
Heart Disease5.1%
Premature Death9,872/100K
Climate
Avg Temp44°F
Rain10.1 in/yr
Elevation4,589 ft
Education
D
Bachelor's+11.8%
High School+88.8%
Graduate+4.4%
School Score5.1/10
Community
2024 VoteR 78% / D 19%
Commute28 min
Broadband91.4%
Internet Speed57 Mbps
EV Stations27
Libraries4
Did You Know?
The median home in Basalt was built in 1973.
The nearest airport is Idaho Falls Regional (15 miles).
The Gini coefficient (income inequality) is 0.429 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
20.5% of the population has a disability.
The county recorded 10 fatal vehicle crashes.