Is Cherry Creek, Colorado a Good Place To Live? - Living In Cherry Creek, CO
Is Cherry Creek, Colorado a good place to live?
Cherry Creek is a city in Colorado state in USA with a population of 11503 residents..
The poverty rate of Cherry Creek is 3.8%, which is 73% lower than national average.
The typical household in Cherry Creek earns $118886 a year, compared to the national median of $67,500.
Nearly 18.7% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Cherry Creek, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cherry Creek remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cherry Creek, only 71% of adults have a bachelor's degree and 20% have some college but no degree.
Cost of living in Cherry Creek is 143, which is 43% higher than national average. Median home value in Cherry Creek is $664500 , which is 189% higher than national average. While median income in Cherry Creek remained $118886, which is 76% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Cherry Creek, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cherry Creek remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cherry Creek, only 71% of adults have a bachelor's degree and 20% have some college but no degree.
Cost of living in Cherry Creek is 143, which is 43% higher than national average. Median home value in Cherry Creek is $664500 , which is 189% higher than national average. While median income in Cherry Creek remained $118886, which is 76% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
11503
Unemployment
4.3%
Poverty
3.8%
Overall Score
8
Median Home Cost
$664500
189%
NAT AVG.
Median Income
$118886
76%
NAT AVG.
Median Rent
$1612
39%
NAT AVG.
Cost Of Living
143
43%
NAT AVG.
People Living BPL
1 in 26
Unemployed People
1 in 23
People Earning < $10,000
1 in 33
People Earning < $50,000
18.7%
People with <= High School
1 in 11.1
People With Any Degree
1 in 1.3
Pros & Cons Overview
Jobs85%
Housing95%
Affordability60%
Safety90%
Amenities90%
Diversity80%
Education100%
Commute80%
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