Aspen is a somewhat small city located in the state of Colorado. With a population of 6,882 people and three constituent neighborhoods, Aspen is the 64th largest community in Colorado.
Aspen home prices are not only among the most expensive in Colorado, but Aspen real estate also consistently ranks among the most expensive in America.
Aspen is a decidedly white-collar city, with fully 94.07% of the workforce employed in white-collar jobs, well above the national average. Overall, Aspen is a city of sales and office workers, service providers, and managers. There are especially a lot of people living in Aspen who work in management occupations (18.94%), sales jobs (17.31%), and office and administrative support (11.23%).
Of important note, Aspen is also a city of artists. Aspen has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Aspen’s character.
A relatively large number of people in Aspen telecommute to their jobs. Overall, about 11.01% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
Another notable thing is that Aspen is a major vacation destination. Much of the city’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Aspen’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
One of the benefits of Aspen is that there is very little traffic. The average commute to work is 16.41 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
Despite being a small city, Aspen has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
If knowledge is power, Aspen is a pretty powerful place. 64.54% of the adults in Aspen have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Aspen in 2010 was $68,397, which is wealthy relative to Colorado and the nation. This equates to an annual income of $273,588 for a family of four. However, Aspen contains both very wealthy and poor people as well.
Aspen is a somewhat ethnically-diverse city. The people who call Aspen home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Aspen residents report their race to be White, followed by Asian. Important ancestries of people in Aspen include English, Irish, Italian, and Norwegian.
The most common language spoken in Aspen is English. Other important languages spoken here include Spanish and Scandinavian languages.