Denver s population is 2.9M, with a total workforce of 1.5M. The labor market grew by 32,100 jobs over the past year, up by 2.2%. The median household income in Denver is $79,862, 4.2% higher than last year and 30.1% above the national average of $61,372. In the housing market, total permits issued totaled 20,197 over the last twelve months, down 18.4% year-over-year. Denver has 359 active new home projects on the market, 11.4% fewer than the 405 from last year. The average list price in the market is $484,661, 2.6% higher than last year and 56.5% above the national average. Over the last three months, new home contracts decreased by 26.4% to 1,718. Denver and Aurora had the highest concentration of the new home contracts in the Denver market.
