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Aspen Apartment Features
Apartments Near Aspen
Living In Aspen, CO
Aspen is a small town in Colorado with a population of approximately 7,000. Young professionals account for a higher percentage of the population here (18%) than nationally (15%), making it a great place to set out on your own, though retirees also appear in large numbers. At an average age of just under 43, the town's residents skew older than most cities in Colorado. Most residents own their homes in Aspen, and 40% of residents rent. With an average rent of $1,411 per month, exceeding the state average by $220/month, relatively high rent costs could be a factor in the higher levels of ownership.
Averaging about 17 minutes, Aspen's commute time is shorter than the state average of about 27 minutes. Driving a car or truck is the most common mode of getting to work, selected by 23% of workers, while public transportation is used by just 13% of the town. Few residents (8%) walk to work, though the number is significantly higher than the national average.
Aspen has a large percentage of residents older than 25 with advanced degrees compared to the national average (7%), as 11% have earned a Master's or a Doctorate. Additionally, 33% have earned a Bachelor's degree, which also outpaces the national average. Aspen residents have a wide range of industries from which to choose. The five most common are entertainment, retail, real estate, education, and scientific. Together, these industries make up 43% of the town's workforce. Meanwhile, looking at job function, many residents work in management, making it the top profession in the town. With an average annual income of around $93,000, Aspen workers bring in more than their peers elsewhere in Colorado. Aspen's average income also compares favorably to the national average of $73,345.
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