Living in Cherry Creek, Colorado
Cost of living, income, home prices, rent and demographics of Cherry Creek · Census data 2020–2024
Cherry Creek has 10,721 residents with a median age of 44.1. The median household income is $153,776 (61% higher than the Colorado median), the median home value is $888,900, the median rent is $2,093/month.
Cherry Creek at a glance
- Population
- 10,721
- Median age
- 44.1State: 37.7
- Median household income
- $153,776State: $95,470
- Median home value
- $888,900State: $539,400
- Median rent
- $2,093/moState: $1,761
- Homeowners
- 79.8%
- Bachelor's degree or higher
- 76.1%
- Average commute
- 23 min
Is Cherry Creek a good place to live?
Pros: Median household income 61% higher than the Colorado median; an average commute of 23 minutes; unemployment of 1.8%; a poverty rate of 5%.
Cons: Home values 65% higher than the state median.
The weather is best in May–June and September–October.
Cost of living in Cherry Creek
Housing is the biggest part of the cost of living. In Cherry Creek the median home value is $888,900, 167% higher than the U.S. median. Renters pay a median of $2,093 per month, which is 30.1% of household income. Homeowners with a mortgage pay $3,010 a month in housing costs.
Cherry Creek median household income
The median household income in Cherry Creek is $153,776 and the income per person is $89,848. 5% of residents live below the poverty line (Colorado: 9.4%).
Housing in Cherry Creek: homes for sale and rent
- Housing units
- 4,340
- Owner-occupied
- 79.8%
- Renter-occupied
- 20.2%
- Vacant
- 4.9%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.57
Cherry Creek demographics
- Population
- 10,721
- Median age
- 44.1
- Under 18
- 25.8%
- 65 and older
- 16.5%
- Households
- 4,127
- Foreign-born
- 16%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Cherry Creek ›
Education in Cherry Creek
76.1% of adults 25 and older in Cherry Creek have a bachelor's degree or higher (Colorado: 45.7%), and 37.8% have a graduate or professional degree.
Jobs and commute in Cherry Creek
- Unemployment rate
- 1.8%State: 4.6%
- Average commute
- 23 minState: 25 min
- Work from home
- 33.2%
- Drive alone
- 59.8%
- Public transit
- 0.2%
- Walk to work
- 0.4%
- Homes with broadband
- 96.7%
Cherry Creek vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cherry Creek | 10,721 | $153,776 | $888,900 | $2,093 |
| Centennial | 108,201 | $131,928 | $658,100 | $2,148 |
| Inverness | 2,934 | $109,135 | $862,300 | $2,242 |
| Greenwood Village | 15,420 | $149,029 | $1,237,800 | $2,123 |
| Dove Valley | 4,806 | $81,524 | $455,600 | $1,934 |
| Acres Green | 2,639 | $142,361 | $580,900 | $2,750 |
| Foxfield | 659 | $200,938 | $1,065,900 | — |
| Meridian | 5,634 | $89,877 | $581,100 | $1,992 |
| Cherry Hills Village | 6,354 | $250,001 | $2,000,001 | — |
More for people moving to Cherry Creek
Cherry Creek ZIP code ›Weather and climate ›Living in Cherry Creek: FAQ
What is the median household income in Cherry Creek, CO?
The median household income in Cherry Creek is $153,776, 61% 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 Cherry Creek?
The median home value in Cherry Creek is $888,900, compared with $539,400 in Colorado.
How much is rent in Cherry Creek?
The median gross rent in Cherry Creek is $2,093 per month, about 30.1% of household income.
Is Cherry Creek, CO a good place to live?
Pluses: median household income 61% higher than the Colorado median; an average commute of 23 minutes; unemployment of 1.8%; a poverty rate of 5%. Minuses: home values 65% higher than the state median.
What is the median age in Cherry Creek?
The median age in Cherry Creek is 44.1 years (Colorado: 37.7).
How long is the commute in Cherry Creek?
The average commute to work in Cherry Creek is 23 minutes; 33.2% of workers work from home.
What is the unemployment rate in Cherry Creek?
The unemployment rate in Cherry Creek is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cherry Creek?
76.1% of adults in Cherry Creek 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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