Sherrelwood 71 Excellent
Sherrelwood Livability #71 ranked city in Colorado#5,830 ranked city in the USARanks better than 80% of areas

Pros and Cons of Living in Sherrelwood

  • Commute

    The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.

  • Cost Of Living

    Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.

  • Employment

    With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

  • Amenities

    The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.

  • Crime

    Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.

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What's it like Living in Sherrelwood?

Sherrelwood, Colorado is a medium-sized city with a population of 19,082 people. With a population density of 7,821 people per square mile, Sherrelwood is well above the nation's average density level. At 76%, the majority of the Sherrelwood population is White; this is followed by 2% Native Hawaiian and 1% Black. Additionally, more than a quarter of the population of Sherrelwood are of Hispanic or Latino origin, and 35% of the population also speak Spanish. Sherrelwood is not known to have a high population (over 15 years old) of married people. At only 48% married, this city falls well below the national average. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Sherrelwood, your commute time will align closely with the national average, spanning a one-way duration of approximately 27 minutes.

Are you trying to ascertain if living in Sherrelwood 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. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like crime, commute, housing, you can easily compare the best places to live in Sherrelwood and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Sherrelwood to Colorado and the national average.

The livability score in Sherrelwood is 73/100 and the city is ranked in the 84th percentile of all cities across America. Based on the rankings for each individual category, Sherrelwood has been rewarded with high marks for cost of living (B+), employment (B) and housing (A+). On a more negative note, Sherrelwood does not have favorable grades for the following: amenities (F) and crime (F). If we take a look at the data, we can find out why.

Finding affordable real estate and housing in Sherrelwood can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Sherrelwood is real estate affordability. The median home price for Sherrelwood homes is $303,700, which is 14.8% higher than the Colorado average. If we take a closer look at the affordability of homes in Sherrelwood, we’ll see that the home price to income ratio is 4.7, which is 11.9% higher than the Colorado average.

Best Places to Live in and Around Sherrelwood

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      Sherrelwood transportation information

      Statistic Sherrelwood Colorado National
      Average one way commute27min25min26min
      Workers who drive to work76.4%75.2%76.4%
      Workers who carpool10.0%9.3%9.3%
      Workers who take public transit3.3%3.1%5.1%
      Workers who bicycle0.6%1.3%0.6%
      Workers who walk0.8%3.0%2.8%
      Working from home8.2%7.0%4.6%
      Source: The Sherrelwood, CO data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).