Denver s population is 3.0M, with a total workforce of 1.5M. The labor market grew by 37,500 jobs over the past year, up by 2.5%. The median household income in Denver is $81,109, 2.1% higher than last year and 28.4% above the national average of $63,179.
In the housing market, total permits issued totaled 19,414 over the last twelve months, up 0.5% year-over-year. Denver has 333 active new home projects on the market, 14.2% fewer than the 388 from last year. The average list price in the market is $503,191, 2.5% higher than last year and 56.6% above the national average. Over the last three months, new home contracts increased by 10.3% to 2,845. Aurora and Denver had the highest concentration of the new home contracts in the Denver market.