Denver Area Information

Denver Area Information

Denver, Colorado

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

With an elevation of 5,280 feet, Denver is truly the Mile High City. Residents take full advantage of an active and outdoor-oriented lifestyle, supported by nearby mountains and plentiful sunshine.

Along with an attractive, walkable downtown, Denverites enjoy over 200 parks, from small mini-parks to the 314-acre City Park, and 29 recreation centers. Over 14,000 acres of mountain parks include Red Rocks Park and Amphitheatre, a spectacular venue for musical entertainment. 

Culture abounds with the availability of many nationally recognized museums including one of the largest performing arts centers in the nation, second only to New York’s Lincoln Center.

Major league sports teams include Denver Broncos football, Colorado Rockies baseball, Colorado Avalanche hockey, and Colorado Rapids soccer.

Abundant job opportunities and a highly desirable lifestyle make Denver one the fastest-growing major cities in the U.S., increasing more than 19 percent since 2010. The growth earned Denver notice as the best place to live in the United States by U.S. News & World Report in 2016.

Families enjoy a diverse offering of high quality public education for their school-age children with Denver Public Schools. 

Neighborhoods include everything from large skyscrapers to houses from the late 19th century to modern, suburban-style developments.

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
No. 1 Best Place to Live, U.S. News & World Report, 2016

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/


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