Basalt, CO

Census Place

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    2024 Population
    4,335
    US Senator
    Michael Bennet
    Democratic Party
    US Senator
    John Hickenlooper
    Democratic Party
    2024 Median Age
    41.2
    5.5% 1-year decrease
    2024 Poverty Rate
    7.27%
    71.8% 1-year increase
    2024 Median Household Income
    $105,855
    0.137% 1-year decline
    2024 Median Property Value
    $1.18M
    2.8% 1-year growth
    2024 Employed Population
    2,800
    7.44% 1-year growth

    About

    None of the households in Basalt, CO reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

    98.8% of the residents in Basalt, CO are U.S. citizens.

    In 2024, the median property value in Basalt, CO was $1.18M, and the homeownership rate was 59.3%.

    Most people in Basalt, CO drove alone to work, and the average commute time was 26.7 minutes. The average car ownership in Basalt, CO was 2 cars per household.

    Population & Diversity

    Basalt, CO is home to a population of 4.34k people, from which 98.8% are citizens. As of 2024, 2.88% of Basalt, CO residents were born outside of the country (125 people).

    In 2024, there were 26.3 times more White (Non-Hispanic) residents (3.76k people) in Basalt, CO than any other race or ethnicity. There were 143 Two Races Including Other (Hispanic) and 127 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

    Citizenship

    98.8%
    2024 Citizenship
    98.4%
    2023 Citizenship

    As of 2024, 98.8% of Basalt, CO residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Basalt, CO was 98.4%, meaning that the rate of citizenship has been increasing.

    The following chart shows US citizenship percentages in Basalt, CO compared to that of it's neighboring and parent geographies.

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    Race and Ethnicity

    The 3 largest ethnic groups in Basalt, CO
    1. White (Non-Hispanic)
      3.76k ± 376
    2. Two Races Including Other (Hispanic)
      143 ± 146
    3. Two Races Including Other (Non-Hispanic)
      127 ± 114
    6.83%
    Hispanic Population
    296 people

    In 2024, there were 26.3 times more White (Non-Hispanic) residents (3.76k people) in Basalt, CO than any other race or ethnicity. There were 143 Two Races Including Other (Hispanic) and 127 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

    6.83% of the people in Basalt, CO are hispanic (296 people).

    The following chart shows the 8 races represented in Basalt, CO as a share of the total population.

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    Global Diversity

    The PUMS dataset is not available at the Place level, so we are showing data for Colorado.
    Most Common Origin
    1. Mexico
      205,206 ± 10,925 people
    2. India
      23,918 ± 3,789 people
    3. China
      18,011 ± 3,290 people

    In 2024, the most common birthplace for the foreign-born residents of Colorado was Mexico, the natal country of 205,206 Colorado residents, followed by India with 23,918 and China with 18,011.

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    Foreign-Born Population

    2.88%
    2024 Foreign-Born Population
    125 people
    2.63%
    2023 Foreign-Born Population
    105 people

    As of 2024, 2.88% of Basalt, CO residents (125 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Basalt, CO was 2.63%, meaning that the rate has been increasing.

    The following chart shows the percentage of foreign-born residents in Basalt, CO compared to that of it's neighboring and parent geographies.

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    Veterans

    Most Common Service Period
    1. Gulf War (2001-)
      63 ± 88
    2. Vietnam
      26 ± 38
    3. Gulf War (1990s)
      11 ± 24

    Basalt, CO has a large population of military personnel who served in Gulf War (2001-), 2.42 times greater than any other conflict.

    The chart shows the distribution of veterans by conflict in Basalt, CO.

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    Health

    92.5% of the population of Basalt, CO has health coverage, with 56.3% on employee plans, 3.04% on Medicaid, 20.7% on Medicare, 12.2% on non-group plans, and 0.138% on military or VA plans.

    Primary care physicians in Colorado see 1,207 patients per year on average, which represents a 0% change from the previous year (1,207 patients). Compare this to dentists who see 1161 patients per year, and mental health providers who see 204 patients per year.

    By gender, of the total number of insured persons, 47.8% were men and 52.2% were women.

    Health Care Diversity

    In 2024, insured persons according to age ranges were distributed in 15% under 18 years, 22.7% between 18 and 34 years, 38.3% between 35 and 64 years, and 23.9% over 64 years.

    By gender, of the total number of insured persons, 47.8% were men and 52.2% were women.

    The following chart shows the number of people with health coverage by gender.

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    Uninsured People

    7.52%
    Uninsured
    56.3%
    Employer Coverage
    3.04%
    Medicaid
    20.7%
    Medicare
    12.2%
    Non-Group
    0.138%
    Military or VA

    Between 2023 and 2024, the percent of uninsured citizens in Basalt, CO grew by 107% from 3.63% to 7.52%.

    The following chart shows how the percent of uninsured individuals in Basalt, CO changed over time compared with the percent of individuals enrolled in various types of health insurance.

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    Economy

    The economy of Basalt, CO employs 2.8k people. In 2024, the largest industries in Basalt, CO were Arts, Entertainment, & Recreation (279 people), Educational Services (274 people), and Health Care & Social Assistance (237 people), and the highest paying industries were Real Estate & Rental & Leasing ($111,364), Professional, Scientific, & Technical Services ($95,417), and Public Administration ($88,341).

    Occupations

    2.8k
    2024 Value
    ± 472
    7.44%
    1 Year growth
    ± 22.8%

    From 2023 to 2024, employment in Basalt, CO grew at a rate of 7.44%, from 2.61k employees to 2.8k employees.

    The most common job groups, by number of people living in Basalt, CO, are Office & Administrative Support Occupations (437 people), Management Occupations (332 people), and Education Instruction, & Library Occupations (251 people). This chart illustrates the share breakdown of the primary jobs held by residents of Basalt, CO.

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    Unemployment Insurance Claims

    Data is only available at the state level. Showing data for Colorado.

    This chart shows weekly unemployment insurance claims in Colorado (not-seasonally adjusted) compared with the four states with the most similar impact.

    The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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    Employment by Industries

    2.8k
    2024 Value
    ± 472
    7.44%
    1 Year growth
    ± 22.8%

    From 2023 to 2024, employment in Basalt, CO grew at a rate of 7.44%, from 2.61k employees to 2.8k employees.

    The most common employment sectors for those who live in Basalt, CO, are Arts, Entertainment, & Recreation (279 people), Educational Services (274 people), and Health Care & Social Assistance (237 people). This chart shows the share breakdown of the primary industries for residents of Basalt, CO, though some of these residents may live in Basalt, CO and work somewhere else. Census data is tagged to a residential address, not a work address.

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    Median Earnings by Industry

    $66,883
    Median earning men ± $16,693
    $50,147
    Median earning women ± $12,192

    The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($120,717), Transportation & Warehousing, & Utilities ($115,223), and Finance & Insurance, & Real Estate & Rental & Leasing ($110,795).

    The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($66,550), Arts, Entertainment, & Recreation, & Accommodations & Food Services ($60,216), and Educational Services, & Health Care & Social Assistance ($50,849).

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    Employment by Industry Sector

    Data is only available at the state level. Showing data for Colorado.
    Y-Axis
    1.73%
    Year-over-year growth
    Employment change between February 2022 and February 2023

    As of February 2023, there are 2.87M people employed in Colorado. This represents a 1.73% increase in employment when compared to February 2022.

    Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 11.9%.

    The following chart shows monthly employment numbers for each industry sector in Colorado.

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    Civics

    In the 2024 presidential election, the popular vote in Colorado went to Kamala Harris with 54.1% of the vote. The runner-up was Donald J. Trump (43.1%), followed by Robert Kennedy (1.12%).

    Michael Bennet and John Hickenlooper are the senators currently representing the state of Colorado. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    Colorado is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

    US Senators from Colorado

    Senatorial voting results are only available at the state level. Showing data for Colorado.
    Michael Bennet
    Senator from Colorado3
    Assumed office on January 21, 2009
    Appointed to the seat following the resignation of Ken Salazar, who had become Secretary of the Interior.
    John Hickenlooper
    Senator from Colorado2
    Assumed office on January 3, 2021

    Michael Bennet and John Hickenlooper are the senators currently representing Colorado.

    In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    The following chart shows elected senators in Colorado over time, excluding special elections, colored by their political party.

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    Housing & Living

    The median property value in Basalt, CO was $1.18M in 2024, which is 3.55 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $1.15M to $1.18M, a 2.8% increase. The homeownership rate in Basalt, CO is 59.3%, which is lower than the national average of 65.2%.

    People in Basalt, CO have an average commute time of 26.7 minutes, and they drove alone to work. Car ownership in Basalt, CO is approximately the same as the national average, with an average of 2 cars per household.

    Property

    $1.18M
    Median Property Value 2024
    ±$90,827
    $1,164
    Median Property Taxes
    ±$250

    The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Basalt, CO the largest share of households pay taxes in the $3k+ range.

    The chart underneath the paragraph shows the property taxes in Basalt, CO compared to it's parent and neighbor geographies.

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    Rent vs Own

    59.3%
    Homeownership
    2024
    71.6%
    Homeowners with Mortgage
    2024

    In 2024, 59.3% of the housing units in Basalt, CO were occupied by their owner. This percentage grew from the previous year's rate of 58.2%.

    This chart shows the percentage of owner in Basalt, CO compared it's parent and neighboring geographies.

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    Household Income

    Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
    $105,855
    Median Household Income
    ± $24,487
    1.96k
    Number of Households
    ± 348

    In 2024, the median household income of the 1.96k households in Basalt, CO declined from $105,855 from the previous year's value of $106,000.

    The following chart displays the households in Basalt, CO distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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    Wage Distribution

    The closest comparable wage GINI for Basalt, CO is from Colorado.
    0.46
    2024 Wage GINI in Colorado
    0.462
    2023 Wage GINI in Colorado

    In 2024, the income inequality in Colorado was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.498% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Colorado was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Colorado in comparison to the national average.

    This chart shows the number of workers in Colorado across various wage buckets compared to the national average.

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    Commuter Transportation

    Most Common Commute in 2024
    1. Drove Alone (63.3%)
    2. Public Transit (14.5%)
    3. Carpooled (8.78%)

    In 2024, 63.3% of workers in Basalt, CO drove alone to work, followed by those who used public transit to get to work (14.5%) and those who carpooled to work (8.78%).

    The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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    Commute Time

    26.7 minutes
    Average Travel Time

    Using averages, employees in Basalt, CO have a longer commute time (26.7 minutes) than the normal US worker (26.4 minutes). Additionally, 2.21% of the workforce in Basalt, CO have "super commutes" in excess of 90 minutes.

    The chart below shows how the median household income in Basalt, CO compares to that of it's neighboring and parent geographies.

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    Car Ownership

    2 cars
    Average Number

    The following chart displays the households in Basalt, CO distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Basalt, CO have 2 cars.

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    Poverty & Diversity

    7.27% of the population for whom poverty status is determined in Basalt, CO (315 out of 4.34k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Females 65 - 74 and then Females 45 - 54.

    The most common racial or ethnic group living below the poverty line in Basalt, CO is White, followed by Black and Native American.

    The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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