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Demographics
Population
Median Income
Racial Distributions
Denver, Colorado, exhibits moderate diversity with a white majority population. As of 2022, the city's population is 713,252, with a median income of $88,213. The racial composition shows a white majority at 54%, followed by Hispanic (29%), Black (9%), Asian (4%), and multiracial (4%) populations.
Denver has maintained its status as a White Majority city over the past decade, with the white population consistently around 54% since 2013. The Hispanic population has slightly decreased from 31% in 2013 to 29% in 2022. The Black population has remained stable at 8-9%, while the Asian population has increased from 3% to 4%. The multiracial category has grown from 3% in 2013 to 4% in 2022.
Denver has experienced substantial economic growth over the past decade. The median income has increased from $51,089 in 2013 to $88,213 in 2022, representing a 73% increase. The population has grown from 649,495 in 2013 to 713,252 in 2022, a 10% increase, although there was a slight decrease from the peak of 727,211 in 2019.
Denver's trends align with patterns seen in many major U.S. cities, characterized by increasing diversity, rising incomes in urban centers, and challenges of maintaining affordability amid rapid economic growth. The city's economic growth outpaces many other metropolitan areas.
Based on observed trends, Denver is likely to continue its trajectory towards greater diversity. The city may transition to a Majority-Minority status within the next decade or two. Economically, Denver may see further increases in median income, potentially reaching or exceeding $100,000 in the next few years.
The city may transition into a High Diversity category if current trends persist, with the white population potentially dropping below 50% and other racial groups gaining more significant representation. This transition could bring opportunities for cultural enrichment and challenges in terms of community cohesion and equitable development.
Denver appears to be on a path of increasing diversity and economic growth, potentially transitioning from a White Majority, Moderate Diversity city to a High Diversity, economically prosperous urban center. Managing this transition equitably will likely be a key challenge for city leaders in the coming years.