Severance, CO

Census Place

2024 Population

10,130

US Senator

Michael Bennet

Democratic Party

US Senator

John Hickenlooper

Democratic Party

2024 Median Age

32.4

2.41% 1-year decrease

2024 Poverty Rate

5.21%

55.9% 1-year increase

2024 Median Household Income

$124,572

2.11% 1-year decline

2024 Median Property Value

$528,500

Population & Diversity

Severance, CO is home to a population of 10.1k people, from which 99.4% are citizens.

As of 2024, 1.86% of Severance, CO residents were born outside of the country (188 people).

In 2024, there were 10.8 times more White (Non-Hispanic) residents (7.19k people) in Severance, CO than any other race or ethnicity. There were 668 Two Races Including Other (Hispanic) and 651 Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.4%

2024 Citizenship

99.3%

2023 Citizenship

As of 2024, 99.4% of Severance, CO residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Severance, CO was 99.3%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Severance, CO

White (Non-Hispanic)
7.19k ± 659
Two Races Including Other (Hispanic)
668 ± 322
Other (Hispanic)
651 ± 464

20.4%

Hispanic Population

2.06k people

20.4% of the people in Severance, CO are hispanic (2.06k people).

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

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Colorado.

Most Common Origin

Mexico
205,206 ± 10,925 people
India
23,918 ± 3,789 people
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.

Foreign-Born Population

1.86%

2024 Foreign-Born Population

188 people

1.97%

2023 Foreign-Born Population

183 people

As of 2024, 1.86% of Severance, CO residents (188 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 Severance, CO was 1.97%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
294 ± 178
Vietnam
169 ± 116
Gulf War (1990s)
73 ± 84

Severance, CO has a large population of military personnel who served in Gulf War (2001-), 1.74 times greater than any other conflict.

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

Economy

The economy of Severance, CO employs 5.45k people. In 2024, the largest industries in Severance, CO were Construction (655 people), Health Care & Social Assistance (611 people), and Educational Services (597 people), and the highest paying industries were Mining, Quarrying, & Oil & Gas Extraction ($121,373), Agriculture, Forestry, Fishing & Hunting, & Mining ($106,688), and Agriculture, Forestry, Fishing & Hunting ($102,353).

Employment

Occupations

5.45k

2024 Value

± 652

8.59%

1 Year growth

± 16%

From 2023 to 2024, employment in Severance, CO grew at a rate of 8.59%, from 5.02k employees to 5.45k employees.

The most common job groups, by number of people living in Severance, CO, are Management Occupations (1,034 people), Business & Financial Operations Occupations (520 people), and Office & Administrative Support Occupations (461 people). This chart illustrates the share breakdown of the primary jobs held by residents of Severance, CO.

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.

Industries

Employment by Industries

5.45k

2024 Value

± 652

8.59%

1 Year growth

± 16%

From 2023 to 2024, employment in Severance, CO grew at a rate of 8.59%, from 5.02k employees to 5.45k employees.

The most common employment sectors for those who live in Severance, CO, are Construction (655 people), Health Care & Social Assistance (611 people), and Educational Services (597 people). This chart shows the share breakdown of the primary industries for residents of Severance, CO, though some of these residents may live in Severance, CO and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$74,115

Median earning men ± $7,336

$56,646

Median earning women ± $17,595

The industries with the best median earnings for men in 2024 are Agriculture, Forestry, Fishing & Hunting, & Mining ($120,956), Manufacturing ($99,325), and Wholesale Trade ($80,817).

The industries with the best median earnings for women in 2024 are Agriculture, Forestry, Fishing & Hunting, & Mining ($105,469), Professional, Scientific, & Management, & Administrative & Waste Management Services ($86,603), and Manufacturing ($86,164).

Housing & Living

The median property value in Severance, CO was $528,500 in 2024, which is 1.59 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $493,800 to $528,500, a 7.03% increase. The homeownership rate in Severance, CO is 91.6%, which is higher than the national average of 65.2%.

People in Severance, CO have an average commute time of 27.1 minutes, and they drove alone to work. Car ownership in Severance, CO is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$528,500

Median Property Value 2024

±$43,460

$3,088

Median Property Taxes

±$441

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 Severance, CO the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

91.6%

Homeownership

2024

72.3%

Homeowners with Mortgage

2024

In 2024, 91.6% of the housing units in Severance, CO were occupied by their owner. This percentage declined from the previous year's rate of 93.1%.

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

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$124,572

Median Household Income

± $11,790

3.37k

Number of Households

± 502

In 2024, the median household income of the 3.37k households in Severance, CO declined from $124,572 from the previous year's value of $127,257.

The following chart displays the households in Severance, 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 $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Severance, 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.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (72.7%)
Worked At Home (20%)
Carpooled (5.34%)

In 2024, 72.7% of workers in Severance, CO drove alone to work, followed by those who worked at home (20%) and those who carpooled to work (5.34%).

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.

Commute Time

27.1 minutes

Average Travel Time

Using averages, employees in Severance, CO have a longer commute time (27.1 minutes) than the normal US worker (26.4 minutes). Additionally, 2.36% of the workforce in Severance, CO have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

5.21% of the population for whom poverty status is determined in Severance, CO (528 out of 10.1k 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 Males 18 - 24, followed by Females 25 - 34 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Severance, CO is White, followed by Two Or More and Hispanic.

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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