Everything You Need to Know About the City of Westminster Colorado
In 2017, Westminster, CO had a population of 112k people with a median age of 36.5 and a median household income of $70,990. Between 2016 and 2017 the population of Westminster, CO grew from 111,770 to 111,895, a 0.112% increase and its median household income grew from $69,805 to $70,990, a 1.7% increase.
The population of Westminster, CO is 67.2% White Alone, 22% Hispanic or Latino, and 6.05% Asian Alone. N/A% of the people in Westminster, CO speak a non-English language, and 94.4% are U.S. citizens.
The largest universities in Westminster, CO are Front Range Community College (5,545 degrees awarded in 2017), DeVry University-Colorado (184 degrees), and Utah College of Massage Therapy-Westminster (71 degrees).
The median property value in Westminster, CO is $273,500, and the homeownership rate is 65.5%. Most people in Westminster, CO commute by Drove Alone, and the average commute time is 25.6 minutes. The average car ownership in Westminster, CO is 2 cars per household.
In 2017, universities in Westminster, CO awarded 5,856 degrees. The student population of Westminster, CO is skewed towards women, with 8,619 male students and 10,980 female students.
Most students graduating from Universities in Westminster, CO are White (4,230 and 73.3%), followed by Hispanic or Latino (750 and 13%), Unknown (256 and 4.44%), and Two or More Races (195 and 3.38%).
The largest universities in Westminster, CO by the number of degrees awarded are Front Range Community College (5,545 and 94.7%), DeVry University-Colorado (184 and 3.14%), and Utah College of Massage Therapy-Westminster (71 and 1.21%).
The most popular majors in Westminster, CO are Liberal Arts & Sciences (830 and 14.2%), General Business Administration & Management (685 and 11.7%), and Welding Technology (631 and 10.8%).
The economy of Westminster, CO employs 60.1k people and Westminster has an unemployment rate of 3.1%. Westminster has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 43.3%, which is higher than the US average of 33.5%. The largest industries in Westminster, CO are Retail Trade (7,014 people), Health Care & Social Assistance (6,113 people), and Manufacturing (5,909 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($83,571), Agriculture, Forestry, Fishing & Hunting, & Mining ($75,500), and Information ($67,209).
Households in Westminster, CO have a median annual income of $70,990, which is more than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $69,805 in 2016, which represents a 1.7% annual growth.
Tax Rates for Westminster
– The Sales Tax Rate for Westminster is 8.5%. The US average is 7.3%.
– The Income Tax Rate for Westminster is 4.6%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Westminster
– The average income of a Westminster resident is $31,694 a year.
– The Median household income of a Westminster resident is $66,300 a year.
