Arvada is a larger medium-sized city located in the state of Colorado. With a population of 124,402 people and 30 constituent neighborhoods, Arvada is the seventh largest community in Colorado.
Housing costs in Arvada are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.
Arvada is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Arvada is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Arvada who work in management occupations (14.65%), office and administrative support (11.36%), and sales jobs (9.36%).
Also of interest is that Arvada has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.01% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The education level of Arvada ranks among the highest in the nation. Of the 25-and-older adult population in Arvada, 43.15% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Arvada in 2018 was $45,270, which is wealthy relative to Colorado and the nation. This equates to an annual income of $181,080 for a family of four.
Arvada is a very ethnically-diverse city. The people who call Arvada home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Arvada residents report their race to be White, followed by Asian. Arvada also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.34% of the city’s residents. Important ancestries of people in Arvada include German, Irish, English, Italian, and Swedish.
The most common language spoken in Arvada is English. Other important languages spoken here include Spanish and German/Yiddish.