Commerce City is a larger medium-sized city located in the state of Colorado. With a population of 66,115 people and 12 associated neighborhoods, Commerce City is the 18th largest community in Colorado. Much of the housing stock in Commerce City was built relatively recently. The construction of new real estate can often be taken as an indication that the local Commerce City economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Commerce City, where the median household income is $96,484.00.
Housing costs in Commerce City are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.
Also of interest is that Commerce City 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: 12.74% 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.
One downside of living in Commerce City, however, is that residents on average have to contend with a long commute, spending on average 31.37 minutes every day commuting to work.
The population of Commerce City overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Commerce City, 24.46% have at least a bachelor's degree.
The per capita income in Commerce City in 2022 was $37,932, which is middle income relative to Colorado, and upper middle income relative to the rest of the US. This equates to an annual income of $151,728 for a family of four. However, Commerce City contains both very wealthy and poor people as well.
Commerce City is an extremely ethnically-diverse city. The people who call Commerce City home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Commerce City, accounting for 48.43% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Commerce City residents report their race to be White, followed by Black or African-American. Important ancestries of people in Commerce City include German, Irish, English, Italian, and European.
In addition, Commerce City has a lot of people living here who were born outside of the US (16.60%).
The most common language spoken in Commerce City is English. Other important languages spoken here include Spanish and French.