Erie, Colorado is a mid-sized city with a population of 20,801 inhabitants. The majority of Erie residents report their race to be White; this is followed by Asian and Black. 89% of the people in Erie (over the age of 15) are married and 44% 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.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the city before actually living in Erie, Colorado. Using the livability score which includes data from categories like crime, weather, education, employment, housing, you can easily compare the best places to live in Erie and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Erie to Colorado and the national average.
The livability score in Erie is 75/100 and the city is ranked in the 83rd percentile of all cities across America. This is a fantastic score, as Erie ranks well in multiple categories! For each of the livability categories, we see that Erie ranks very well for amenities (A), crime (A+) and employment (A-). There are some categories that Erie ranks poorly for, including: cost of living (F). It might be worth taking a closer look to determine why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Erie, there is no shortage of amazing local amenities and interesting things to do.
Low violent crime (murder, rape, robbery, assault) is a must for most people when searching for a new area to live. At 51 crimes per 100,000 residents, Erie has a violent crime rate that is far below the national average.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Erie. 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 Erie are affordable. The median home price for Erie homes is $379,800, which is 43.5% higher than the Colorado average. If we take a closer look at the affordability of homes in Erie, we’ll see that the home price to income ratio is 3.4, which is 19% lower than the Colorado average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Erie will offer some insight into determining if your home purchase will be a solid investment for years to come. In Erie, the year-over-year appreciation rates were 4.4%, and the 5 year appreciation rates came in at 8%.
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