Is Cherry Hills Village, Colorado a Good Place To Live? - Living In Cherry Hills Village, CO

Is Cherry Hills Village, Colorado a good place to live?
Cherry Hills Village is a city in Colorado state in USA with a population of 6680 residents.. The poverty rate of Cherry Hills Village is 4%, which is 71% lower than national average. The typical household in Cherry Hills Village earns $250001 a year, compared to the national median of $67,500. Nearly 7.5% 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 Hills Village, only 100% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cherry Hills Village remained 3.3%, which is 30% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cherry Hills Village, only 87% of adults have a bachelor's degree and 9% have some college but no degree.

Cost of living in Cherry Hills Village is 236, which is 136% higher than national average. Median home value in Cherry Hills Village is $1919500 , which is 735% higher than national average. While median income in Cherry Hills Village remained $250001, which is 270% 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
6680
Unemployment
3.3%
30% NAT AVG.
Poverty
4%
71% NAT AVG.
Overall Score
10
Median Home Cost
$1919500
735% NAT AVG.
Median Income
$250001
270% NAT AVG.
Median Rent
$2191
89% NAT AVG.
Cost Of Living
236
136% NAT AVG.
People Living BPL
1 in 25
Unemployed People
1 in 30
People Earning < $10,000
1 in 40
People Earning < $50,000
7.5%
People with <= High School
1 in 25
People With Any Degree
1 in 1.1
Pros & Cons Overview

Jobs90%

Housing100%

Affordability80%

Safety85%

Amenities80%

Diversity50%

Education100%

Commute85%