We’ve been on a excursion d’horizon in recent years, examining quite a lot of American states and figuring out the wealthiest towns there. Lately, we have now been targeted at the Census-designated South area of america, carrying out research of the richest towns in Missouri, North Carolina, South Carolina, and Alabama. Now, we’re turning to the Rocky Mountain states and we’re beginning with the epitome of the Rockies — Colorado.

We analyzed over 480 towns within the state to be able to establish the richest towns in Colorado. The way in which during which we evaluated and scored every town’s rating is detailed beneath.

Learn on to determine what the richest town in Colorado is, plus the highest 50 wealthiest towns within the state general.

What Are the Richest Towns in Colorado?

In an effort to put in combination this listing of the richest towns in Colorado, we sourced key monetary knowledge from the Census Bureau’s 2022 American Group Survey. From right here, we built a four-factor scoring machine to lend a hand establish the wealthiest towns in Colorado:

• Median family revenue
• Imply (moderate) family revenue
• Median house worth
• Median belongings taxes paid

Relating to Census knowledge, stay this stuff in thoughts: For positive elements, the Census numbers have higher limits. For instance, for median family revenue, the Census Bureau has an higher prohibit of “$250,000+”. For median house worth, the higher prohibit is “$2,000,000+”. For median belongings taxes paid, the higher prohibit is “$10,000+”. For those causes, the imply family revenue (which is equal to moderate family revenue) dataset is an important since the Census Bureau has actual figures for it. All 4 of those metrics had been scored, added up, after which ranked by way of the towns’ blended rankings.

Beneath you’ll discover a desk detailing the highest 50 richest towns in Colorado and their respective greenback figures for every metric:

The No. 1 richest town in Colorado in our rating is Cherry Hills Village, which, regardless of having “village” in its title, is rather sizable, with 2,20 overall families. Cherry Hills Village is a southern suburb of Denver, in Arapahoe County. In Cherry Hills Village, the median family revenue exceeds $250,000, whilst its moderate family revenue of $464,068 is the absolute best in Colorado. The reported median house worth in Cherry Hill Villages is in far more than $2 million, the one town in Colorado the place that’s true. The similar is going for median belongings taxes paid according to yr, which exceed $10,000 in Cherry Hills Village. In step with Knowledge USA, the employment breakdown is smart for this sort of high-income town. The highest class of occupations in Cherry Hill Villages is Control Occupations, accounting for 36.2% of the body of workers. On the subject of town’s best industries, they’re Skilled, Clinical, & Technical Products and services (18.7% of the body of workers), Finance & Insurance coverage (15.2% of the body of workers), and Well being Care & Social Help (12.4% of the body of workers).

The No. 2 richest town in Colorado is Bow Mar, which is southwest of Denver and a part of the Entrance Vary City Hall. Its title comes from the 2 lakes that lie subsequent to it: Bowles Lake and Marston Lake. Bow Mar is a small the town, with most effective 304 overall families. The median family revenue in Bow Mar is $199,000, which is the 5th absolute best in Colorado. The town’s moderate family revenue of $324,109 is the fourth absolute best within the state. Bow Mar additionally sticks out for its median house worth, which is a reported $1,465,900, the second one absolute best in Colorado. Finally, the median belongings taxes paid according to yr is $9,939, the second one absolute best quantity but even so Cherry Hill Villages.

Coming in at No. 3 on our listing of the richest towns in Colorado is Columbine Valley, any other suburb south of Denver. In step with Knowledge USA, a 3rd of the body of workers in Columbine Valley is hired in Control Occupations (33.3%). What’s extra, the highest industries by way of employment replicate what one would possibly be expecting of a high-income the town: Skilled, Clinical, & Technical Products and services (28.4% of the body of workers), Finance & Insurance coverage (17.5% of the body of workers), and Actual Property & Condominium & Leasing (10.5% of the body of workers). With a mean family revenue of $245,208, Columbine Valley has the second one absolute best revenue in Colorado, at the back of most effective Cherry Hill Villages. Its moderate family revenue of $331,353 is the 3rd absolute best within the state. In the meantime, its reported median house worth is $1,058,600, the fourth absolute best in Colorado however noticeably not up to No. 2 Bow Mar’s median house worth.