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Denver County, CO

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
106
6% above the U.S. average
Median home value
$586,700
national $303,400
Home prices, 5 years
+36.7%
over the 5 years to 2023
Monthly rent
$1,770
national $1,348
Homeownership
49%
national 65%
Unemployment
3.4%
national 3.6%
Household income
$91,681
national $78,538
Median age
35.2 yrs
national 38.7

Cost of living is the metro-area price level for Denver-Aurora-Centennial, CO.

The cost of living runs about 6% above the national average. The median home is valued at $586,700 (nominal). Home prices have risen about 37% over the five years to 2023. Median rent is about $1,770 a month. Unemployment averaged 3.4% in 2023 (national 3.6%). Median household income is $91,681. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Denver County, CO saw a net gain of 2,016 tax-filing households and a net loss of 3,502 individuals. Against a population of about 716,577, that is a net outflow of about 4.9 per 1,000 residents. On net, the area lost $291.6M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 7,829 households, came from Arapahoe County; the largest outflow, about 8,748 households, went to Arapahoe County. In the prior (2022) filing year, the area saw a net loss of 8,562 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
-$291.6M
nominal dollars
Net households
+2,016
tax returns
Net people
-3,502
exemptions

-4.9 net people per 1,000 residents (population 716,577)

Income (AGI) in and out

Moved in$4B
Moved out$4.3B
Net -$291.6M (nominal)
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Denver County within Colorado

Denver County is outlined, with arrows tracing its largest moves to and from other Colorado counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Where movers came from

  1. 1Arapahoe County, CO7,829$801.1M
  2. 2Jefferson County, CO5,051$376.4M
  3. 3Adams County, CO3,626$218.5M
  4. 4Douglas County, CO1,586$149.8M
  5. 5Boulder County, CO1,300$95.5M
  6. 6El Paso County, CO865$58.4M
  7. 7Cook County, IL835$98.6M
  8. 8Larimer County, CO741$44.6M
  9. 9Los Angeles County, CA646$65.2M
  10. 10Maricopa County, AZ571$48.2M
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Where movers went

  1. 1Arapahoe County, CO8,748$751.3M
  2. 2Jefferson County, CO7,255$696.8M
  3. 3Adams County, CO5,110$321.4M
  4. 4Douglas County, CO2,307$265M
  5. 5Boulder County, CO1,036$134.5M
  6. 6El Paso County, CO726$46.5M
  7. 7Larimer County, CO575$47.2M
  8. 8Weld County, CO543$36.6M
  9. 9Los Angeles County, CA530$55.1M
  10. 10Cook County, IL520$71.4M
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Arapahoe County, CO7,8298,748-919+$49.8M
Jefferson County, CO5,0517,255-2,204-$320.4M
Adams County, CO3,6265,110-1,484-$102.9M
Douglas County, CO1,5862,307-721-$115.2M
Boulder County, CO1,3001,036+264-$39M
El Paso County, CO865726+139+$11.9M
Cook County, IL835520+315+$27.2M
Larimer County, CO741575+166-$2.5M
Los Angeles County, CA646530+116+$10.1M
Maricopa County, AZ571488+83-$4.7M
Weld County, CO415543-128-$13.6M
Broomfield County, CO433444-11-$7.1M

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: +$626.4M (-40,313 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$138.8M-621
2013+$258.6M-330
2014+$246.5M+3,325
2015+$280.7M+2,235
2016+$203.1M-1,749
2017+$127.6M-8,771
2018+$456.8M-882
2019+$346.4M-1,228
2020-$255.6M-8,276
2021-$372.4M-11,952
2022-$512.6M-8,562
2023-$291.6M-3,502
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 3,502 more people left Denver County, CO than moved in (counting tax filers and their dependents) — a net loss of about $291.6M in income (nominal) — in a county of 726,763 people.

Population
726,763
Census 2023 estimate
Net migration rate
-4.8
net people per 1,000 residents
A town of 10,000 would net about -48 people.
Net income per resident
−$401
nominal dollars
-$291.6M total across 726,763 residents.

The rate lets you compare Denver County, CO with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+8,708
Deaths
-5,185
Net domestic migration
-1,901
Net international migration
+8,456
Total change
+9,963

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Denver County, CO run about 6% above the national average. In plain terms: $100 spent here buys about what $95 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$116,777
what people here earn (BEA 2023, nominal)
67% above the U.S. average
Price level
105.8
100 = U.S. average prices (BEA price parity)
everyday costs about 5.8% higher than average
What that income buys
$110,409
local income restated at U.S.-average prices
58% above the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

Cost of living shown for the Denver-Aurora-Centennial, CO metro area (BEA publishes price parities by metro, not by county).

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents146.1
Goods101.6
Utilities95.9
Other services99.3

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Denver County, CO

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
35.2
years
Median household income
$91,681
per household (ACS 2019–2023, nominal)
17% above the U.S. median
College degree
56%
adults 25+ with a bachelor's or higher
Poverty rate
11.2%
residents below the poverty line
Average commute
25 min
mean travel time to work
Broadband at home
92%
households with any broadband
Race and ethnicity (share of residents)
White 55%Hispanic 28%Black 8%Asian 4%Other 5%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$586,700
owner-occupied homes
93% above the U.S. median
Median rent
$1,770
gross rent per month
31% above the U.S. median
Homeownership
49%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+1.0%
price change, 2022 to 2023
Past 5 years
+37%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
5,725new housing units authorized in 2023
Single-family 21%Multifamily 79%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
3.4%
BLS 2023 annual average
Labor force
447,132
432,100 employed
Disaster declarations
major federal, 2023

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
3.7%
April 2026 · ▼ 0.3 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Denver County, CO has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
2024278,63474,7659,677D +56.2363,076
2020313,29371,6188,918D +61.4393,829
2016244,55162,69024,611D +54.8331,852
2012222,01873,1116,565D +49.4301,694
2008204,88262,5674,084D +52.4271,533
2004166,13569,9032,634D +40.3238,672
2000122,69361,22414,430D +31.0198,347

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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