Aspen is a somewhat small city located in the state of Colorado. With a population of 7,359 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 94.10% 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 (18.20%), sales jobs (15.06%), and office and administrative support (11.59%).
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 12.85% 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 16.67 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.
Even though Aspen is a smaller city, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Aspen. 64.46% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Aspen in 2010 was $75,836, which is wealthy relative to Colorado and the nation. This equates to an annual income of $303,344 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 German, English, Irish, Italian, and Polish.
The most common language spoken in Aspen is English. Other important languages spoken here include Spanish and Scandinavian languages.