Apartments for Rent Aspen Colorado
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Facts about Aspen Colorado
The City of Aspen Colorado is a Home Rule Municipality that is the county seat and the most populous city of Pitkin County, Colorado, United States. The United States Census Bureau estimates that the city population was 5,804 in 2005. Founded as a mining camp in the Colorado Silver Boom and named because of the abundance of Aspen trees in the area, Aspen Colorado is now a ski resort and an upscale tourist center.
In the late 20th century Aspen Colorado developed as a popular destination for celebrities, attracting people like Charlie Sheen, Hunter S. Thompson, and John Denver, the latter having written several songs about the town, including "Aspenglow" and "Starwood in Aspen."
Aspen Colorado History
Aspen CO's roots are traced to the winter of 1879, when a group of miners ignored pleas by Frederick Pitkin, governor of Colorado, to return across the Continental Divide due to an uprising of the Ute Indians. Originally named Ute City, the small community was renamed Aspen in 1880, and, in its peak production years of 1891 and 1892, surpassed Leadville as the United States' most productive silver-mining district. Production expanded due to the passage of the Sherman Silver Purchase Act of 1890, which doubled the government's purchase of silver. By 1893, Aspen CO had banks, a hospital, two theaters, an opera house and electric lights. Economic collapse came with the Panic of 1893, when President Cleveland called a special session of Congress and repealed the act. Within weeks, many of the Aspen Colorado mines were closed and thousands of miners were put out of work. It was proposed that silver be recognized as legal tender and the Populist Party adopted that as one of its main issues; Davis H. Waite, an Aspen CO newspaperman and agitator was elected governor of Colorado on the Democratic Ticket; but in time the movement failed.
Aspen Colorado Real Estate Market
The booming real estate market has forced Aspen Colorado to struggle between permitting growth and restricting it. Aspen CO today remains a mix of high-end luxury homes and condos intermixed with legacy residences and mobile home parks populated by an old guard of Aspen residents struggling to maintain the unique character of Aspen Colorado. The average home/condo listing price as of 2008 was $1,795,000, while the average property value is over $1.8 million. It isn't uncommon to see listing prices reaching the mid-eight figures.
Geography for Aspen Colorado
Aspen CO is well known for its beautiful nature landscapes. The mountains are the Maroon Bells, reflected in Maroon Lake.
Aspen Colorado sits along the southeast (upper) end of the Roaring Fork Valley, along the Roaring Fork River, a tributary of the Colorado River about 40 miles (64 km) south of Glenwood Springs, Colorado. It is surrounded by mountain and wilderness areas on three sides: Red Mountain to the north, Smuggler Mountain to the east, and Aspen Mountain to the south.
Aspen CO is located at 39°11'32 N 106°49'28 W / 39.192297°N 106.824470°W / 39.192297; -106.824470, along State Highway 82.
Population of Aspen Colorado
According to the United States Census Bureau, Aspen Colorado has a total area of 3.5 square miles (9.1 kmē), all of it land.
As of the census of 2000, there were 5,914 people, 2,903 households, and 1,082 families residing in Aspen CO. The population density was 1,675.4 people per square mile (646.9/kmē). There were 4,354 housing units at an average density of 1,233.5/sq mi (476.2/kmē). The racial makeup of Aspen Colorado was 90.94% White, 0.44% Black or African American, 0.24% Native American, 1.45% Asian, 0.08% Pacific Islander, 1.64% from other races, and 1.20% from two or more races. 6.14% of the population were Hispanic or Latino of any race.
There were 2,903 households out of which 16.5% had children under the age of 18 living with them, 28.8% were married couples living together, 5.6% had a female householder with no husband present, and 62.7% were non-families. 43.8% of all households were made up of individuals and 4.8% had someone living alone who was 65 years of age or older. The average household size was 1.94 and the average family size was 2.67.
In Aspen CO the population was spread out with 13.1% under the age of 18, 9.8% from 18 to 24, 42.1% from 25 to 44, 27.6% from 45 to 64, and 7.4% who were 65 years of age or older. The median age was 37 years. For every 100 females there were 115.1 males. For every 100 females age 18 and over, there were 117.5 males.
The median income for a household in Aspen Colorado was $60,418, and the median income for a family was $70,300. Males had a median income of $41,011 versus $32,023 for females. The per capita income for Aspen CO was $40,680. About 3.6% of families and 8.2% of the population were below the poverty line, including 4.4% of those under age 18 and 2.6% of that age 65 or over.
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