Denver Stats

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Category: Housing

Homeownership Rate in Denver Similar to Nation

Fewer and fewer Americans have been buying homes over the last decade. Today, just 63.0% of Americans own their homes, the smallest share since 1965. In the Denver-Aurora-Lakewood metro area, 62.9% of residents own their homes, similar to the national homeownership rate and the third lowest of any metro area in Colorado. Young Americans are […]

Colorado is America’s 6th Best State to Live In

Americans often evaluate their home states according to such subjective conditions as climate preference, the presence of friends and family, and personal history. In addition to these subjective measures, more objective socioeconomic factors also contribute to life satisfaction. It is such quantitative measures that can help assess the broader quality of life in a given […]

Denver No More Crowded Than the Average City

There are 4,804 people per square mile in the Denver-Aurora-Lakewood metro area, lower than the national population density of 6,321 Americans per square mile across all U.S. metro areas. Denver also has the highest population density of any Colorado metro area. Population density can have a meaningful impact on home prices in an area. There […]

Why Denver is One of the Most Expensive Housing Markets

A typical home in the Denver-Aurora-Lakewood, Colorado metro area costs $314,400, more than the national median home value of $194,500. The median home value in Denver is also higher than in Colorado as a whole, where the typical home is worth $283,800. Denver’s median home value is also the second highest of any metro area […]

Denver is the 14th Most Expensive Housing Market in America

For the first time, the median price of a home in a U.S. metro area passed the $1 million mark. A typical home in the San Jose, California area sold in the second quarter of 2016 for $1,085,000, more than four times the national median home price of $240,700. Housing prices vary considerably between metro […]

Denver is Better for Single Mothers Than 90% of Cities

Raising children on a single income is no easy feat, and single mothers in the United States struggle more than almost any other group of Americans. Still, some cities are easier for single mothers trying to make ends meet — and some cities are far worse. The costs of housing, food, childcare, and education give […]

Colorado Has the 14th Highest Share of Urban Living

Since 1950, Americans have increasingly chosen to live in cities. Today, 81% live in urban areas, more than even before. Urban areas, however, make up just 3% of U.S. land area. The proportion of people living in urban areas varies considerably between states. 24/7 Wall St. reviewed data from the U.S. Census to determine the […]

Denver is Among the Worst 25% of Cities to Flip a Home

The U.S. housing market has been in steady recovery since the housing crisis, and increasing numbers of investors are trying their hand at home flipping: the purchase, renovation, and subsequent sale of a property in a relatively short period of time. While home flipping is costly and notoriously risky, a number of housing markets are […]

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