Department of Numbers

Housing Units, Population and Cost Rank Measures for Colorado

Here we explore the evolution and dynamics of the housing supply in Colorado, the relative cost of Colorado housing, the housing mix and the change in Colorado population. Housing supply here is defined as the number of housing units (i.e: houses, condos, apartments etc..). For this analysis, the Colorado population number we're most interested in is the 18 and over population since the under 18 population typically isn't a buyer or renter in the housing market. All data on this page comes from the Census ACS 1 year survey. Jump to Colorado sections: housing units, housing cost, housing mix, population.

Housing Units and 18+ Population for Colorado

The data below track the total number of housing units in Colorado, the total 18 and over population in Colorado and the ratio of the 18 and over Colorado population to the number of housing units. Over the past 5 years, the number of Colorado housing units increased by 8.25% while the 18 and over population increased by 9.58%. As a result, the ratio of the 18 and over population to housing units increased from 1.805 to 1.827. A lower population to housing units ratio means there are more housing units available per person in the region.

2019 1 Year Change 5 Year Change
Colorado Housing Units 2,464,109 +1.65% +8.25%
Colorado 18+ Population 4,502,416 +1.66% +9.58%
Colorado 18+ Pop. / Units 1.827 0.000 +0.022

Colorado 18+ Population to Units Ratio Trends: Colorado, US

Colorado Housing Units and 18+ Population History

Date Colorado Housing Units Colorado 18+ Population Colorado 18+ Pop. / Units
2019 2,464,109 4,502,416 1.827
2018 2,424,128 4,428,826 1.827
2017 2,385,495 4,344,795 1.821
2016 2,339,140 4,280,033 1.830
2015 2,309,122 4,199,802 1.819
2014 2,276,280 4,108,721 1.805
2013 2,247,291 4,027,042 1.792
2012 2,230,536 3,956,275 1.774
2011 2,224,661 3,888,219 1.748
2010 2,214,262 3,820,393 1.725
2009 2,167,902 3,796,659 1.751
2008 2,152,124 3,732,690 1.734

more history ...

Colorado Relative Housing Cost Percentile by Price and Rent

This data shows where Colorado falls in the distribution of home prices and rent compared to other states (and D.C.). The higher the percentile, the more expensive the region is compared to the rest of the country. In 2019, Colorado was at the 92.16% percentile for home prices and the 90.20% percentile for the cost of rent. Over the past 5 years, Colorado home prices have become more expensive compared to the rest of the country and rent in Colorado has become more expensive over the past 5 years relative to the rest of the country.

Colorado Home Price and Rent Percentile

2019 1 Year Change
(delta)		 5 Year Change
(delta)
Colorado Home Price Percentile 92.16% 0.00% +9.81%
Colorado Rent Percentile 90.20% +3.93% +13.73%

Colorado Trends in Home Price and Rent Percentile: Colorado, US

Colorado Home Price and Rent Percentile History

Date Colorado Home Price Percentile Colorado Rent Percentile
2019 92.16% 90.20%
2018 92.16% 86.27%
2017 92.16% 90.20%
2016 90.20% 84.31%
2015 84.31% 82.35%
2014 82.35% 76.47%
2013 80.39% 72.55%
2012 76.47% 70.59%
2011 72.55% 70.59%
2010 70.59% 68.63%
2009 72.55% 66.67%
2008 70.59% 66.67%

more history ...

Colorado Housing Units: Owner Occupied, Renter Occupied and Vacant

The data below shows the number of housing units in Colorado by type. Over the past 5 years, the number of housing units held by owner occupiers increased by 13.00% while the total number of rented units in Colorado increased by 3.55%. Units that were vacant1 decreased by 3.25% over the last 5 years.

Colorado Changes in Owned, Rented and Vacant Units

2019 1 Year Change 5 Year Change
Colorado Owner Occ. Units 1,471,912 +3.80% +13.00%
Colorado Renter Occ. Units 763,191 +0.58% +3.55%
Colorado Vacant Units 229,006 -7.42% -3.25%

Colorado Housing Share Trends: Owned, Rented and Vacant: Owned, Rented, Vacant

The chart below shows the share of each housing type in Colorado as a fraction of total housing units.

Colorado Owned, Rented and Vacant Units History

Date Colorado Owner Occ. Units Colorado Renter Occ. Units Colorado Vacant Units
2019 1,471,912 763,191 229,006
2018 1,417,981 758,776 247,371
2017 1,394,824 744,383 246,288
2016 1,365,832 743,160 230,148
2015 1,322,618 752,117 234,387
2014 1,302,533 737,059 236,688
2013 1,291,945 710,855 244,491
2012 1,278,158 717,930 234,448
2011 1,271,804 703,584 249,273
2010 1,292,792 667,793 253,677
2009 1,279,955 630,191 257,756
2008 1,280,814 617,021 254,289

more history ...

Colorado Population

This data shows the population of Colorado for the under 18 category and the 18 and over category. In the last 5 years the under 18 population has increased by 0.74% while the 18 and over population has increased by 9.58%.The total population of Colorado has increased by 7.52% in the last 5 years.

Changes in Colorado Population

2019 1 Year Change 5 Year Change
Colorado Population Under 18 1,256,320 -0.82% +0.74%
Colorado Population 18+ 4,502,416 +1.66% +9.58%
Colorado Total Population 5,758,736 +1.11% +7.52%

Colorado Population Age Share: Under 18, 18 and Over: 18+, Under 18

Colorado Population History

Date Colorado Population Under 18 Colorado Population 18+ Colorado Total Population
2019 1,256,320 4,502,416 5,758,736
2018 1,266,738 4,428,826 5,695,564
2017 1,262,359 4,344,795 5,607,154
2016 1,260,512 4,280,033 5,540,545
2015 1,256,772 4,199,802 5,456,574
2014 1,247,145 4,108,721 5,355,866
2013 1,241,325 4,027,042 5,268,367
2012 1,231,307 3,956,275 5,187,582
2011 1,228,577 3,888,219 5,116,796
2010 1,228,678 3,820,393 5,049,071
2009 1,228,089 3,796,659 5,024,748
2008 1,206,766 3,732,690 4,939,456

more history ...

1. The Census defines a vacant unit as belonging to the following set: For rent, Rented not occupied, For sale only, Sold not occupied, For seasonal or recreational or other occasional use, For migrant workers, Other vacant. ↩

Data on deptofnumbers.com is for informational purposes only. No warranty or guarantee of accuracy is offered or implied. Nothing on this site constitutes investment advice. Contact ben@deptofnumbers.com if you have any questions, comments or suggestions. Privacy policy.