Centennial, Colorado is a medium-sized city with a population of 107,862 people. With a population density of 3,647 people per square mile, Centennial is well above the nation's average density level. The majority of Centennial residents report their race to be White; this is followed by Asian and Black. If finding a family friendly city is important to you, look no further. With more than 84% of the population considered married and 59% with kids under the age of 18, Centennial could be considered a very suitable city for families.
Living in Centennial can be a positive experience for anyone moving to the area. Having said that, in the state of Colorado, there are many incredible places to live, so choose wisely! With useful information like amenities, cost of living, education, employment and other key data points, finding the best places to live in Centennial and in the areas around Centennial is a much easier task.
With a livability score of 74/100, Centennial is ranked #5,677 in the United States and #38 in Colorado. Based on the scores for each individual category, Centennial has been rewarded with high marks for amenities (A+), crime (B-) and employment (B+). Centennial does not rank well for the following: cost of living (F). It might be wise to take a closer look at each category to find out why.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Centennial is real estate affordability. The median home price for Centennial homes is $339,300, which is 28.2% higher than the Colorado average. If we take a closer look at the affordability of homes in Centennial, we’ll see that the home price to income ratio is 3.5, which is 16.7% lower than the Colorado average. Year over year appreciation rates for homes in the Centennial area were 4.3% and the 5 year appreciation rates came in at 10%. 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.
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