3 Colorado Cities Ranked Best Places to Live!

Denver Property Management, Industry News

We all know that Colorado is one of the best places to live, but it’s always great to see when the cities we work with day-in and day-out are officially recognized! In Money Magazine’s annual “Best Places to Live” report, 3 of Colorado’s cities were mentioned. Highlands Ranch made spot #6, Centennial spot #13, and Broomfield spot #25!

What Puts You in the Running to be One of the Best Places to Live?

Money Magazine took into account a number of factors when creating their report of best places to live, including predicted job growth, crime rates, home values, and median household income just to name a few. Highlands Ranch landed the #6 spot for its low crimes rates, high-ranking schools and plentiful jobs, according to an article in the Denver Business Journal. Centennial was noted in the #13 spot for its job market and the multitude of open spaces and fantastic parks. Broomfield ranked 25th nationally for its great location, which offers close and easy access to the mountains, trails, and because of its growing job market.

Population, Price, and Property Taxes . . . Oh My!

All three Colorado cities were noted for their population, price, and property taxes as part of their ranking for best places to live. Highlands Ranch, with its whopping 105,143 population, has a median home price in the lower $400K and property taxes of $2,466. It also has an unemployment rate of 3.4%. Comparably, Centennial has a recorded population of 107,569 and a median home price of $374,500. The city’s property taxes came in at $2,368 and it has a 3.8% unemployment rate. Though Broomfield’s population came in lower than both Highlands Ranch and Centennial at 65,676, the city is quickly growing. With its strong job market, Broomfield is quickly attracting new residents and working hard to accommodate the influx of people by building rapidly. The median home price came in at $365,000 and property taxes at $2,590. Unemployment came in at 3.6%.