Commerce City is a mid-sized city located in the state of Colorado. The city has a population of 51,731 people. At 84%, the majority of the Commerce City population is White; this is followed by 3% Black and 2% Asian. Additionally, more than a quarter of the population of Commerce City are of Hispanic or Latino origin, and 29% of the population also speak Spanish. Commerce City could be a great place for young adults and students as the average age of 31 years old is below the nation’s average. 75% of the people in Commerce City (over the age of 15) are married and 41% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Are you trying to decide if living in Commerce City is the right fit for your lifestyle? To ensure a positive 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. The best areas in Commerce City and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, weather, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Colorado and national averages.
The livability score in Commerce City is 65/100 and the city is ranked in the 38th percentile of all cities across America. For each of the livability categories, we see that Commerce City ranks very well for amenities (A+) and housing (B-). Regrettably for Commerce City, there are some categories for which it does not score well, this includes: crime (D-), cost of living (D-), weather (D) and education (F).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Commerce City 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.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Commerce City has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Commerce City. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Commerce City are affordable. Median real estate prices in Commerce City come in at $228,500, which is 13.6% lower than the Colorado average. The home price to income ratio compares the median home prices to the median household income. In Commerce City, the home price to income ratio is 3.4, which is 19% lower than the Colorado average. Real estate appreciation rates in Commerce City are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Commerce City homes comes in at 5.2%, and the 5 year appreciation rates were 12%.
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