Can You Guess The Richest Town In Colorado?
By Rebekah Gonzalez, Hannah DeRuyter
June 28, 2021
When you think of the wealthiest area near you- beautiful homes, nice cars, and fancy restaurants pop into your mind.
Stacker looked at the most recent data from the U.S. Census Bureau Five-Year American Community Survey to determine exactly which area in each state was deemed the richest.
Stacker ranked the locations by a few factors, including the unemployment rate and median household income. If there was a tie between two cities, the percentage of people making more than $200,000 in that area was the tiebreaker.
Any town or city that had a population of fewer than 1,000 people was excluded from the list.
Can you guess which town in Colorado was named the richest?
According to the report, the richest town in Colorado is Cherry Hills Village.
- Median household income: $250,000+
- Households earning over $200,000: 1,348 (60.1% of households)
- Median earnings for workers: $102,500 (male: $215,955; female: $95,221)
- Civilian population with health insurance: 97.1%
- Unemployment rate: 3%
- Families with income below poverty level: 4%
Here's what Stacker had to say about Cherry Hills Village:
"Cherry Hills Village is part of the Denver-Aurora-Lakewood area in Colorado, and is one of the wealthiest areas in the country. The largest percentage of employed residents in Cherry Hills Village works in professional, scientific, or technical services, according to Best Places. The next largest percentage works in health care."
To see the richest areas in each state, click here.