Basalt is a very small town located in the state of Colorado. With a population of 4,062 people and two associated neighborhoods, Basalt is the 100th largest community in Colorado.

Basalt home prices are not only among the most expensive in Colorado, but Basalt real estate also consistently ranks among the most expensive in America.

Also of interest is that Basalt has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.61% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.

Even though Basalt is a smaller town, 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.

If knowledge is power, Basalt is a pretty powerful place. 56.06% of the adults in Basalt have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Basalt in 2022 was $58,364, which is wealthy relative to Colorado and the nation. This equates to an annual income of $233,456 for a family of four.

Basalt is a somewhat ethnically-diverse town. The people who call Basalt home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Basalt residents report their race to be White, followed by Asian. Important ancestries of people in Basalt include German, English, Polish, Irish, and British.

The most common language spoken in Basalt is English. Other important languages spoken here include Spanish and Italian.