Top 10 Richest Neighborhoods Of Denver

Heather Robbins
by Heather Robbins

There are 78 neighborhoods in Denver. Each of these with their own charm, personality, and culture that make them distinct, but they don’t all want you to live there. As well, they are imbued with the kind of house prices and living costs that will make you take a second look… but so will the average earnings of their residents Welcome to Denver’s wealthiest neighborhoods.

One of the most impressive things about Denver is its wealthiest suburbs. Some of these include:

  • Stapleton
  • Cherry Creek
  • Washington Park
  • Central East Denver
  • West Colfax
  • Auraria
  • Civic Centre
  • Park Hill
  • Lodo
  • University

If you’ve been wondering what the wealthiest neighborhoods in Denver are, we’ve included the top ten for you. This will help you know what to expect by how much to expect to have to pay for a home in any given wealthy neighborhood that’s in Denver. Let’s jump into it!

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What’s So Great About Denver?

Do you plan to move to Denver? That’s awesome! Guidance is needed to ensure you make the right choices in the sites to see and places to visit. There is a sense of youth, beauty, and activity in this city.

There are plenty of opportunities, attractions, and activities to explore here. Not being part of it makes one feel as though they are missing out. Even so, according to U.S. news media, the city didn’t make the list of the best places to live. Longtime Denver residents describe Denver as inspiring, challenging, and relaxing all at the same time!

The Richest Neighborhoods In Denver

Let’s take a look at the top 10 wealthiest neighborhoods in Denver:

1. Stapleton

  • Median Home Value: $469,300
  • Median Household Income: $120,028
  • Unemployment Rate: 2%

Denver’s Stapleton neighborhood and surrounding neighborhoods demonstrate the wealth disparity better than most places in the city. The city’s poorest neighborhoods are Montbello, Northeast Park Hill, Elyria Swansea, and Globeville, but wealthy Stapleton is an entirely different story.

Even though it’s a stone’s throw away from areas where people struggle to make ends meet, Stapleton is packed with high-earning professionals, many of whom appreciate its close proximity to the Business District. To buy a property with them, anticipate paying about $665 thousand.

2. Cherry Creek

  • Median Home Value: $663,500
  • Median Household Income: $124,277
  • Unemployment Rate: 3%

It’s not just the name Cherry Creek that makes it unique. Denver’s Mount Vernon neighborhood is one of the most desirable neighborhoods because of its quality schools, superior amenities, and excellent transport connections. You can expect to spend a lot of money if you want to become one of the 6550 residents already calling Cheery Creek home.

Here, the average price for a single-family home is $ 663,500, which is extremely out of the ordinary. Renting here might seem like an excellent way to save some cash, but according to denverite.com, this is Denver’s most expensive zip code for renters. On the positive side, most people are earning enough ($124,277 by the latest reckoning) after paying off their bills to have plenty of extra cash.

3. Washington Park

  • Median Home Value: $537,873
  • Median Household Income: $104,384
  • Unemployment Rate: 2%

Washington Park may not be for you if you can’t stomach spending $537,873 on a single-family home. There are picturesque vistas, plenty of green space, and a variety of amenities, schools, and recreational options to suit the needs of any family. The city’s median income is $104,384. If you’re anything like most of the residents, you will do well to earn that amount.

Relax in Washington Park – locally referred to as “Wash Park” – after spending the day in the busy downtown area. Flourishing landscaping, storefronts covered in awnings, and a family-friendly environment give this area a Rockwellian vibe. Aside from Washington Park’s two lakes and formal flower gardens, it is also home to winding paths lined with trees and seemingly endless grassy fields.

Denver consistently chooses this park as their favorite. A short walk away is South Pearl Street, the site of Denver’s first trolley car route: today; it is home to jewelry shops, wine, and cocktail bars, specialty shops, boutiques, and high-end clothing stores that boast some of the best local dining options in Denver. Enjoy dining, shopping, and galleries at Old South Gaylord.

4. Central East Denver

  • Median Home Value: $416,976
  • Median Household Income: $88,432
  • Unemployment Rate: 4%

High living costs are usually accompanied by low crime rates, high living standards, and an abundance of amenities. In contrast to the trend, Central East Denver has chosen to buck it. In spite of having the highest cost of living (according to Area Vibes, average home prices are 42% higher than Denver’s median, and the total cost of living is 14% higher), it is lacking in other aspects.

A 2% increase in crime is seen in Aurora. The school system is a little below par, and housing is scarce. Fortunately, most people are earning enough ($88,432 on average) not to have to worry too much.

5. West Colfax

  • Median Home Value: $401,000
  • Median Household Income: $86,000
  • Unemployment Rate: 4%

The prices of apartments in West Colfax range from $2,100 to $600,000, and it is impossible to find houses for sale for that price range. However, those high prices have a reason.

There are fewer crime rates here than most Denver neighborhoods, a welcoming (and friendly) community, a number of parks, and enough shops, bars, coffee shops, and entertainment options to blow what’s sure to be a very healthy income. The job market is unbelievable here, as West Colfax is one of the neighborhoods in Denver that you have the most chance for success in.

6. Auraria

  • Median Home Value: $450,000
  • Median Household Income: $85,521
  • Unemployment Rate: 6%

Auraria, formerly a tiny mining community in Kansas Territory, now belongs to Denver. This wealthy, well-to-do neighborhood is just south of the super-deluxe neighborhood of Cherry Creek.

Auraria’s excellent transport links mean that workers have their pick of job opportunities, as illustrated by its $85,521 median income. House prices are high here – an average single-family home will set you back around $450,000. It’s a place that you can’t write much about, as the vibe speaks for itself.

7. Civic Centre

  • Median Home Value: $418,600
  • Median Household Income: $83,929
  • Unemployment Rate: 2%

A small community of around 2000 people lives in Civic Centre, also called the Golden Triangle. There is overlap between the surrounding area and the Denver Civic Center, allowing residents to enjoy the community’s parks and amenities.

With great schools, clean streets, and a welcoming community, it’s easy to see why it’s one of the most desirable places to live. There are several single-family homes in the area that cost upwards of $480,000 – so if you’re serious about moving, be prepared to pay that price. A median salary of $83,929 will also allow you to enjoy the fruits of an affluent lifestyle.

Check out the 5 worst neighborhoods in Denver.

8. Park Hill

  • Median Home Value: $366,040
  • Median Household Income: $82,311
  • Unemployment Rate: 4%

There are many outstanding jobs in Park Hill. They certainly do, judging from the neighborhood’s $82,311 median wage. Even an above-average income won’t get you very far here, as a single-family home costs $366,040.

Park Hill, located just east of City Park and designed to show off Mayor Speer’s City Beautiful program, continues to be one of Denver’s most desired neighborhoods today. The parkways on 17th Avenue, Forest, and Montview, which are surrounded by stately American elms, are among the most beautiful in the city.

Its many mature trees and generous setbacks are among the many features designed by world-renowned landscape architect Fredrick Law Olmsted. For decades, Fisher and Fisher, one of Denver’s most respected architecture firms, designed many of the neighborhood’s earliest homes.

9. Lodo

  • Median Home Value: $441,900
  • Median Household Income: $71,476
  • Unemployment Rate: 4%

You may be curious about several facts about Lodo, such as the fact that goods and services are 9 percent higher than they are in Denver, residential property is 110 percent higher, and living costs are 22 percent higher. However, don’t forget about the neighborhood just yet. Over the national average, most households earn more than $80,000, which is 34 percent higher than the median income.

Some of Denver’s most famous restaurants, galleries, shops, and boutiques can be found in Lodo, its oldest neighborhood. Businesses ranging from finance, real estate, retail, and start-ups are located in the heart of downtown. Lodo is the country’s most vibrant neighborhood wherever you are – whether you’re commuting, working, or living.

10. University

  • Median Home Value: $546,855
  • Median Household Income: $74,201
  • Unemployment Rate: 4%

With its tree-lined campus and Rocky Mountain views, the University area is home to the University of Denver. Many bohemian coffeehouses, lively taprooms, and international eateries line the streets, attracting students who also attend the Newman Center for the Performing Arts for jazz and classical concerts. Throughout Observatory Park, you can view the red sandstone Chamberlin Observatory, where stars can be viewed.

If you live in University, you’ll pay no more than you would elsewhere in the city for most goods and services. Accommodation costs, however, are likely to increase. Almost every other region of the US offers a mortgage that is 149 percent bigger than here. Most households earn around $74,000 a year, which offsets the high costs of living.

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Related Questions

Where is the ghetto in Denver?

There are several areas that you want to steer clear of, and they include:

  • Valverde
  • Montbello
  • Goldsmith
  • Globveille
  • City Park East
  • Sun Valley
  • East Colfax
  • Lincoln Park and Athmar Park.
Is downtown Denver dangerous?

Almost all neighborhoods in Denver are safe, but some should be avoided at night, particularly those in and around the city. Stay away from less populated areas if you’re downtown. You should stay on the main roads and sidewalks. Almost any time of night is an excellent time to use the public transit system, as well as a cab.

Why are there so many homeless in Denver?

The reasons for the increase in homelessness in the Denver area are varied. However, Cathy Alderman, vice president of communications and public policy for the Colorado Coalition for the Homeless, said much of it stems from the lack of affordable housing.

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Heather Robbins
Heather Robbins

Heather is a passionate writer who loves anything DIY. Growing up, she learned everything from home repairs to design, and wants to share her tips with you. When she's not writing, she's usually hiking or searching for her next DIY project.

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