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The total population of Severance is estimated to be 8,526 with 4,542 males (53.27%) and 3,984 females (46.73%). There are 558 less females than males in Severance.
The median household income in Severance was $120,041 in 2021, which marked an a decrease of 3,706(2.99%) from $123,747 in 2020. This income is 160.90% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Severance sees its highest median household income among householders in the age group of 25 to 44 years old, at $128,527. Overall, the median household income for the town of Severance stands at $120,041.
In Severance, the median income for all workers aged 15 years and older, regardless of work hours, was $72,309 for males and $39,407 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $91,401 for males and $65,348 for females.
In Severance, population is primarily represented by White households, reporting a median income of $125,120.
In 2022, the population of Severance was 10,581, a 9.91% increase year-by-year from 2021. Previously, in 2021, Severance's population was 9,627, an increase of 20.64% compared to a population of 7,980 in 2020.
The median age in Severance, CO is 32.7, as per 2021 ACS 5-Year Estimates. Of the total population, 28.93% were under the age of 15, 16.12% aged 15 to 29, 46.51% aged 30 to 64, 8.44% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Severance population: 84.24% are White, 0.69% are Black or African American, 0.61% are American Indian and Alaska Native, 0.30% are Asian, 5.06% are some other race and 9.10% are multiracial.