Thornton is a moderately-sized city located in the state of Colorado. The city has a population of 130,511 residents. In Thornton, there are 3,617 people per square mile, which is well above the national population density average. The majority of Thornton residents report their race to be White; this is followed by Asian and Black. Additionally, more than a quarter of the population of Thornton are of Hispanic or Latino origin, and 17% of the population also speak Spanish. The median age of all Thornton residents is 33, which is well below the national average. This is a good indication that this city could be ideal for young singles. If you are looking for a family friendly city, Thornton might be a good fit as 75% of the population over 15 years old are married, and 48% have kids who are 18 years old or younger.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Thornton could be a positive experience compared to other cities in Colorado if you know where to search. The best areas in Thornton and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Colorado and national averages.
With a livability score of 69 out of 100, Thornton is ranked #11,485 in the United States and #118 in Colorado. Based on the rankings for each individual category, Thornton has received high marks for amenities (A+) and housing (B). Thornton does not do well for the following: weather (D) and education (F). It might be a smart idea to take a closer look at each category to find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Thornton, there is no shortage of amazing local amenities and interesting things to do. Some of the notable things to do include: Cinebarre - Thornton, AMF Bowling Center, and Thorncreek Golf Course.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Thornton has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Thornton meets all of your requirements, the next most important item to examine is the affordability of real estate in Thornton. Everything else becomes a lot less important if it turns out that home prices in Thornton are simply unattainable. The median home price for Thornton homes is $236,100, which is 10.8% lower than the Colorado average. If we take a closer look at the affordability of homes in Thornton, we’ll see that the home price to income ratio is 3.4, which is 19% lower than the Colorado average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Thornton were 6.3%, and the 5 year appreciation rates came in at 11.4%.