Denver s population is 2.9M, with a total workforce of 1.5M. The labor market grew by 24,600 jobs over the past year, up by 1.7%. The median household income in Denver is $79,815, 4.1% higher than last year and 30.1% above the national average of $61,372. In the housing market, total permits issued totaled 21,043 over the last twelve months, down 6.4% year-over-year. Denver has 356 active new home projects on the market, 7.8% fewer than the 386 from last year. The average list price in the market is $479,129, 0.1% higher than last year and 58.3% above the national average. Over the last three months, new home contracts decreased by 22.9% to 2,424. Denver and Aurora had the highest concentration of the new home contracts in the Denver market.
