Located in the state of Colorado, Denver is a highly populated city with a population of 663,303 people. Denver has a population density of 4,327 people per square mile. This would be considered well above the national population density level. The majority of Denver residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Denver are of Hispanic or Latino origin, and 21% of the population also speak Spanish.
Are you trying to decide if living in Denver is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Colorado, you will probably want to make sure that you check all of the most important boxes. Finding the best places to live in Denver and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, weather, employment and other important metrics.
Using data and statistics Denver has received a livability score of 62/100. This score is ranked in the 27th percentile when compared to all other cities. If we probe a little deeper into each category within the livability score, we see that Denver has higher than average scores for the following: amenities (A+). Regrettably for Denver, there are some categories for which it does not rank well, this includes: crime (F), cost of living (F), weather (D) and education (F).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Denver has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Here are some of the more popular things to do in Denver: Denver Zoo, Coors Field, and Denver Museum of Nature & Science.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Denver is actually affordable. Median real estate prices in Denver come in at $292,700, which is 10.6% higher than the Colorado average. The home price to income ratio compares the median home prices to the median household income. In Denver, the home price to income ratio is 5.2, which is 23.8% higher than the Colorado average. Year over year appreciation rates for homes in the Denver area were 7.6% and the 5 year appreciation rates came in at 12%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.