Denver Area Information

.

The capital and largest Colorado city with nearly three-quarters of a million residents, Denver is the center of the Front Range Urban Corridor, strategically located between the Rocky Mountains to the west and the High Plains to the east. A thriving metropolitan area, new college graduates and young professionals flock to the city, drawn by plentiful jobs in high tech, healthcare, and outdoor industries, among others. Rich with cultural and entertainment venues, national sports teams, and enriched by the beauty of the South Platte River and world-class Rocky Mountain skiing a short drive away, the city is highly desirable for professionals, families, and retirees. Neighborhoods across the city offer different personalities and price ranges.

Culture: Rocky Mountain Beauty and Vibrancy

Originally a coal mine, railroad, and farming town, Erie is now home to 18,000 and fills over 9.5 square miles. The town features an award-winning community center, 20,000-square-foot library, and new schools. It’s known as quiet and family-friendly – the perfect setting for families to relax after work and school.

Residents enjoy 340 days of sunshine each year, plenty of opportunity to get out and enjoy the 18-hole golf course, skate park, and other outdoor entertainment.

Dotted with spectacular open spaces, kids and dogs romp through parks across scenic trails. Close by areas include Thomas Reservoir Trail, Longs Peak Park, Country Fields Park, and Erie Community Park. Pocket parks are sprinkled through neighborhoods, offering picturesque views and space to play right in your own back yard.

Well-Known neighborhoods include:

Baker/South Broadway (SoBo) – offering a vibrant new arts and culture scene, historic homes, antique and thrift shops, art galleries, and unique culinary and brewery venues.

Capitol Hill – home to the gorgeous Colorado State Capitol Building, and a variety of nightlife, dining options, breweries, and tattoo parlors.

Colfax Avenue – full of great locally-owned cafes, and landmark shops like the Twist and Shout record store or the Tattered Cover bookstore.

Cherry Creek – a shoppers’ paradise with Cherry Creek Shopping Center and Cherry Creek North.

Washington Park – known as “Wash Park,” the area’s landmark is Washington Park where you can fish, jog, ride your bike, or play volleyball.

Lower Downtown (LoDo) – a great place for nightlife with plenty of pubs, restaurants, clubs, and live music venues with many rooftop options offering a view of the city, historic Larimer Square and Coors Field.

River North Arts District (RiNo) – originally an industrial center, RiNo has been reinvented to become an up-and-coming creative hub and includes trendy restaurants, breweries, shops, and several unique art galleries.

Highlands – one of Denver’s oldest neighborhoods is becoming a magnet for millennials and popular restaurants and shops.

Economy: Central Location and Diverse Mix of Industries

With one of the fastest-growing millennial populations, Metro Denver enjoys a steady influx of young, creative, and educated talent. Denver's central location supports a number of industries including technology, telecommunications, mining, energy, healthcare, outdoor products, and experience companies. It serves as a hub for the distribution of goods and services to the Mountain, Southwestern, and Western regions.

Leading Denver-based companies include:

Healthcare

Anthem
Centura Health
Gambro
Kaiser Permanente
University of Colorado Hospital
HealthOne
DaVita

Technology

Ball Corp.
Comcast
DirecTV
Dish Network – Echo Star
IBM
CenturyLink
Raytheon
Level 3 Communications
Lockheed-Martin
Oracle
Avaya

Commercial and Consumer Services

CH2M Hill
First Data Corp
Great-West Life & Annuity
Quark
RE/MAX International
Richmond American
Union Pacific
United Airlines

Oil, Gas, Mining and Energy

Halliburton
Newmont Mining
Suncor Energy
Xcel Energy

Higher Education in Denver

University of Colorado
University of Denver
Metro State University

Real Estate

Denver’s real estate market is active and prices have risen over the last several years as a result of the population increase and desirability of the area. From 303.449.7000 demand and price increases resulted in record setting years. While it has cooled slightly, it remains steady and attractive due to continuing population growth and inventory shortages.

Recent statistics show sales increased from 3 to 6 percent, inventory grew 5 percent and days on market rose from 25 to 32 days.

Current average home price is $600,000 and median is $490,000.

Accolades

Denver has been in the spotlight for the last five years, notable by a number of top rankings, including:

No. 4 Best Place in the U.S. for Business and Careers, Forbes Magazine, 2019
No. 18 in Education, Forbes Magazine, 2019
No. 32 in Job Growth, Forbes Magazine, 2019
No. 1 Most Recovered City from the Great Recession in the U.S., SmartAsset, 2018

Sources: Current U.S. Census Bureau Data, *Estimated population in 2018

For more information see

https://www.denvergov.org/content/denvergov/en.html

https://denverchamber.org/

Search denver Homes