Census Bureau data for Basalt town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Basalt town
- What is the median household income in Basalt town?
- The median household income in Basalt town is $106,000 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Basalt town?
- The poverty rate in Basalt town is 2.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in Basalt town?
- $1,148,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in Basalt town?
- The median gross rent in Basalt town is $2,188 per month (U.S. Census Bureau ACS 2023).
- What percentage of Basalt town residents have a college degree?
- 59.3% of adults in Basalt town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
3,995
Median Income
$106,000
Median Home Value
$1,148,100
Poverty Rate
2.0%
Unemployment (ACS 2023)
3.0%
Median Age
43.0 yrs
Since 2019
Median Income:
+$24,962 (+30.8%)
Home Value:
+$499,900 (+77.1%)
Poverty Rate:
-3.5 pp (-63.6%)
Bachelor's+:
+0.5 pp (+0.9%)
Unemployment:
+2.0 pp (+200%)
Demographics
Total Population
3,995
Median Age
43.0
Female
48.8%
Race & Ethnicity
Hispanic or Latino 5.9%
White (non-Hisp.) 87.7%
Black 0.6%
Asian 0.6%
Two or More 8.7%
Other 0.4%
Asian Subgroups (% of total pop.)
Filipino
0.4%
Indian
0.1%
Chinese
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$106,000
±$28,600
+$13,530 vs. state
Per Capita Income
$130,726
Median Family Income
$120,833
Poverty Rate
2.0%
-3.9 pp vs. state
Child Poverty Rate
0.0%
Working-Age Poverty Rate
—
SNAP Recipients
1.1%
Social Security Income
—
Retirement Income
15.5%
Household Income Distribution
< $10k
1.1%
$10–15k
2.4%
$15–25k
4.0%
$25–35k
4.7%
$35–50k
5.0%
$50–75k
16.6%
$75–100k
11.5%
$100–150k
24.5%
$150–200k
12.1%
$200k+
18.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,143
Owner-Occupied
58.2%
Renter-Occupied
41.8%
Vacancy Rate
13.8%
Median Home Value
$1,148,100
+$645,900 vs. state
Median Gross Rent
$2,188
Owner Cost Burden (30%+)
52.3%
Renter Cost Burden (30%+)
25.7%
Home Value Distribution
$50–100k
1.7%
$300–500k
3.2%
$500k–$1M
25.2%
$1M+
70.0%
Gross Rent Distribution
$500–1k
2.7%
$1–1.5k
16.4%
$1.5–2k
14.1%
$2–2.5k
44.6%
$2.5–3.5k
7.1%
$3.5k+
15.0%
Vehicle Availability
No vehicle
1.5%
1 vehicle
27.5%
2 vehicles
56.3%
3+
14.7%
Housing Type
Single-fam. det.
53.0%
Single-fam. att.
12.0%
2–4 units
5.0%
5–19 units
9.5%
20+ units
11.9%
Housing Age
Pre-1940
4.8%
1940–1969
3.6%
1970–1999
7.2%
2000–2009
21.0%
2010+
15.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
99.2%
Bachelor's or Higher
59.3%
+14.6 pp vs. state
Graduate Degree
16.8%
Some College / Associate
25.0%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
78.3%
Unemployment Rate
3.0%
-1.5 pp vs. state
Work from Home
8.4%
Self-Employed
12.0%
Government Workers
13.3%
Private For-Profit
74.6%
Industry
Edu/Health
21.1%
Arts/Entmt.
14.1%
Finance
13.5%
Prof. Services
11.2%
Construction
7.9%
Retail
7.6%
Transportation
6.5%
Public Admin
6.4%
Agriculture
2.3%
Wholesale
1.1%
Manufacturing
0.8%
Information
0.6%
Occupation
Management
46.2%
Sales
23.4%
Food Prep
23.0%
Construction
6.8%
Production
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
26.6 min
Drove Alone
68.5%
Carpool
9.1%
Public Transit
7.7%
Work from Home
8.4%
Walked
5.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,848
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
57.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
23.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.4%
5–9
6.0%
10–14
3.5%
15–19
4.7%
20–24
4.6%
25–34
10.8%
35–44
20.2%
45–54
9.6%
55–64
8.0%
65–74
5.4%
75–84
16.2%
85+
6.7%
Under 18: 15.8%
Working age (18–64): 84.2%
65 and over: 23.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
2.6%
Naturalized Citizen
41.0%
Speaks English Less Than Very Well
1.1%
Foreign-Born Origin
Asia
38.1%
Europe
23.8%
Africa
20.0%
Latin America
18.1%
Veterans & Disability
Veteran
4.1%
With a Disability
5.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.4%
Uninsured
3.6%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
100.0%
Has a Computer
98.9%
Same House 1 Year Ago
83.0%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023