Living in Centennial, Colorado
Cost of living, income, home prices, rent and demographics of Centennial · Census data 2020–2024
Centennial has 108,201 residents with a median age of 42. The median household income is $131,928 (38% higher than the Colorado median), the median home value is $658,100, the median rent is $2,148/month.
Centennial at a glance
- Population
- 108,201
- Median age
- 42State: 37.7
- Median household income
- $131,928State: $95,470
- Median home value
- $658,100State: $539,400
- Median rent
- $2,148/moState: $1,761
- Homeowners
- 80.6%
- Bachelor's degree or higher
- 62.6%
- Average commute
- 26 min
Is Centennial a good place to live?
Pros: Median household income 38% higher than the Colorado median; unemployment of 4.6%; a poverty rate of 3.3%.
Cons: Home values 22% higher than the state median; an average commute of 26 minutes.
The weather is best in May–June and August–September.
Cost of living in Centennial
Housing is the biggest part of the cost of living. In Centennial the median home value is $658,100, 98% higher than the U.S. median. Renters pay a median of $2,148 per month, which is 29.1% of household income. Homeowners with a mortgage pay $2,672 a month in housing costs.
Centennial median household income
The median household income in Centennial is $131,928 and the income per person is $65,940. 3.3% of residents live below the poverty line (Colorado: 9.4%).
Housing in Centennial: homes for sale and rent
- Housing units
- 43,291
- Owner-occupied
- 80.6%
- Renter-occupied
- 19.4%
- Vacant
- 2.4%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.53
Centennial demographics
- Population
- 108,201
- Median age
- 42
- Under 18
- 21.8%
- 65 and older
- 18.9%
- Households
- 42,233
- Foreign-born
- 9.9%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Centennial ›
Education in Centennial
62.6% of adults 25 and older in Centennial have a bachelor's degree or higher (Colorado: 45.7%), and 24.9% have a graduate or professional degree.
Jobs and commute in Centennial
- Unemployment rate
- 4.6%State: 4.6%
- Average commute
- 26 minState: 25 min
- Work from home
- 26.9%
- Drive alone
- 63.6%
- Public transit
- 0.9%
- Walk to work
- 1.6%
- Homes with broadband
- 96.9%
Centennial vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Centennial | 108,201 | $131,928 | $658,100 | $2,148 |
| Inverness | 2,934 | $109,135 | $862,300 | $2,242 |
| Cherry Creek | 10,721 | $153,776 | $888,900 | $2,093 |
| Dove Valley | 4,806 | $81,524 | $455,600 | $1,934 |
| Acres Green | 2,639 | $142,361 | $580,900 | $2,750 |
| Greenwood Village | 15,420 | $149,029 | $1,237,800 | $2,123 |
| Meridian | 5,634 | $89,877 | $581,100 | $1,992 |
| Grand View Estates | 567 | $180,625 | $901,000 | — |
| Lone Tree | 14,147 | $123,741 | $874,100 | $2,139 |
More for people moving to Centennial
Centennial ZIP code ›Weather and climate ›Living in Centennial: FAQ
What is the median household income in Centennial, CO?
The median household income in Centennial is $131,928, 38% higher than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Centennial?
The median home value in Centennial is $658,100, compared with $539,400 in Colorado.
How much is rent in Centennial?
The median gross rent in Centennial is $2,148 per month, about 29.1% of household income.
Is Centennial, CO a good place to live?
Pluses: median household income 38% higher than the Colorado median; unemployment of 4.6%; a poverty rate of 3.3%. Minuses: home values 22% higher than the state median; an average commute of 26 minutes.
What is the median age in Centennial?
The median age in Centennial is 42 years (Colorado: 37.7).
How long is the commute in Centennial?
The average commute to work in Centennial is 26 minutes; 26.9% of workers work from home.
What is the unemployment rate in Centennial?
The unemployment rate in Centennial is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Centennial?
62.6% of adults in Centennial have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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