You are just one minute away from learning the location of Colorado’s richest places.
There are a lot of wealthy people in Colorado and a lot of wealthy places that play to the state’s one percent.
We researched every place’s home price and median income with 3,000 residents. We ended up with 95 Centennial State cities that anyone with some cash in their pocket would be lucky to call home. And, yes, you’ll need a fat bank account if you think you’ll live in one of Colorado’s wealthiest places.
The median income in most of the top ten is close to $103,049/year. You’ll need a high-paying job if you want to live like royalty. But don’t wait too long because Colorado is one of the fastest-growing states in the country.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Colorado For 2024
Now, if you guessed that Aspen and Vail made Colorado’s richest list because this is where the rich and famous like to play, guess again. Actually, many of the state’s richest places are located in the greater Denver area.
So, where is Colorado’s number one richest place to live? According to the latest data, Cherry Hills Village is the richest place in Colorado.
Want to know more? We suggest that you crank some John Denver, grab a quiet spot next to the Colorado River in Grand Junction, and read on.
Rich people not your cup of tea? Feel free to check out some more reading about Colorado:
The 10 Richest Cities In Colorado For 2024
1. Cherry Hills Village
/10
Population: 6,405
Median Income: $250,001
Median Home Values: $2,996,340
More on Cherry Hills Village: Data | Crime | Cost Of Living | Real Estate
2. Greenwood Village
/10
Population: 15,537
Median Income: $139,144
Median Home Values: $1,340,649
More on Greenwood Village: Data | Cost Of Living | Real Estate
3. Castle Pines
/10
Population: 11,811
Median Income: $189,280
Median Home Values: $863,001
More on Castle Pines: Data | Cost Of Living | Real Estate
4. Breckenridge
/10
Population: 5,017
Median Income: $129,481
Median Home Values: $1,130,739
More on Breckenridge: Data | Crime | Cost Of Living | Real Estate
5. Superior
/10
Population: 13,146
Median Income: $149,464
Median Home Values: $827,554
More on Superior: Data | Cost Of Living | Real Estate
6. Erie
/10
Population: 30,447
Median Income: $154,509
Median Home Values: $727,737
More on Erie: Data | Crime | Cost Of Living | Real Estate
7. Louisville
/10
Population: 20,920
Median Income: $135,840
Median Home Values: $821,232
More on Louisville: Data | Crime | Cost Of Living | Real Estate
8. Lone Tree
/10
Population: 13,993
Median Income: $121,066
Median Home Values: $927,299
More on Lone Tree: Data | Crime | Cost Of Living | Real Estate
9. Basalt
/10
10. Timnath
Methodology: How We Determined The Richest Places In Colorado For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 95 places with more than 3,000 people in Colorado, we ranked each place from 1 to 95 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Cherry Hills Village, crowned the “Richest City In Colorado For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Colorado.
You can skip to the end to see the rankings for all 95 places.
Summary: The Wealthiest Places In Colorado For 2024
Like we said earlier, when we set out to identify the richest places in Colorado, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Colorado.
The richest cities in Colorado are Cherry Hills Village, Greenwood Village, Castle Pines, Breckenridge, Superior, Erie, Louisville, Lone Tree, Basalt, and Timnath.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Colorado, according to data:
Poorest: Rocky Ford
2nd Poorest: Walsenburg
3rd Poorest: Sterling
For more Colorado reading, check out:
- Best Places To Live In Colorado
- Worst Places To Live In Colorado
- Cheapest Places To Live In Colorado
Detailed List Of The Richest Cities In Colorado
| Rank | City | RichScore | Median Income | Average Home Price |
|---|---|---|---|---|
| 1 | Cherry Hills Village | 1.5 | $250,001 | $2,996,340 |
| 2 | Greenwood Village | 5.5 | $139,144 | $1,340,649 |
| 3 | Castle Pines | 8.0 | $189,280 | $863,001 |
| 4 | Breckenridge | 9.5 | $129,481 | $1,130,739 |
| 5 | Superior | 10.5 | $149,464 | $827,554 |
| 6 | Erie | 12.0 | $154,509 | $727,737 |
| 7 | Louisville | 12.5 | $135,840 | $821,232 |
| 8 | Lone Tree | 13.0 | $121,066 | $927,299 |
| 9 | Basalt | 14.0 | $103,049 | $1,274,527 |
| 10 | Timnath | 15.0 | $162,976 | $675,800 |
| 11 | Vail | 17.5 | $96,667 | $1,659,103 |
| 12 | Parker | 17.5 | $126,615 | $684,096 |
| 13 | Aspen | 18.5 | $94,338 | $3,293,818 |
| 14 | Castle Rock | 18.5 | $135,985 | $655,932 |
| 15 | Snowmass Village | 19.0 | $94,761 | $1,741,212 |
| 16 | Eagle | 19.5 | $101,373 | $914,956 |
| 17 | Silverthorne | 22.0 | $97,558 | $853,918 |
| 18 | Monument | 22.0 | $102,969 | $712,688 |
| 19 | Centennial | 22.0 | $124,617 | $630,996 |
| 20 | Steamboat Springs | 22.5 | $93,280 | $1,192,382 |
| 21 | Carbondale | 22.5 | $92,083 | $1,223,499 |
| 22 | Lafayette | 23.0 | $105,819 | $684,062 |
| 23 | Broomfield | 24.5 | $117,541 | $637,472 |
| 24 | Windsor | 25.5 | $121,754 | $567,646 |
| 25 | Arvada | 27.0 | $106,014 | $594,157 |
| 26 | Gypsum | 27.0 | $99,726 | $676,112 |
| 27 | Avon | 27.5 | $85,817 | $1,150,708 |
| 28 | Frederick | 27.5 | $128,078 | $545,237 |
| 29 | Golden | 28.5 | $90,990 | $820,716 |
| 30 | Firestone | 29.5 | $106,960 | $562,511 |
| 31 | Mead | 30.0 | $120,532 | $549,415 |
| 32 | Berthoud | 30.5 | $101,817 | $592,425 |
| 33 | Boulder | 32.5 | $80,243 | $974,246 |
| 34 | John | 33.5 | $120,395 | $526,128 |
| 35 | Littleton | 34.5 | $90,273 | $674,009 |
| 36 | Glenwood Springs | 35.5 | $80,806 | $793,858 |
| 37 | Severance | 35.5 | $121,047 | $494,757 |
| 38 | Durango | 41.5 | $76,177 | $707,331 |
| 39 | New Castle | 43.0 | $82,473 | $572,983 |
| 40 | Thornton | 43.0 | $95,064 | $512,505 |
| 41 | Commerce City | 43.0 | $96,484 | $497,543 |
| 42 | Wellington | 43.5 | $101,259 | $466,351 |
| 43 | Eaton | 43.5 | $102,314 | $454,752 |
| 44 | Denver | 43.5 | $85,853 | $558,402 |
| 45 | Wheat Ridge | 44.0 | $79,567 | $594,883 |
| 46 | Lakewood | 44.5 | $82,786 | $560,048 |
| 47 | Longmont | 44.5 | $89,720 | $540,403 |
| 48 | Westminster | 46.0 | $90,651 | $521,670 |
| 49 | Dacono | 46.0 | $94,783 | $483,988 |
| 50 | Woodland Park | 46.0 | $89,341 | $534,640 |
| 51 | Milliken | 47.5 | $96,772 | $443,483 |
| 52 | Estes Park | 48.0 | $63,598 | $687,234 |
| 53 | Brighton | 49.5 | $86,975 | $497,256 |
| 54 | Edgewater | 50.5 | $71,964 | $592,807 |
| 55 | Salida | 50.5 | $63,775 | $666,776 |
| 56 | Fort Collins | 52.0 | $78,977 | $545,188 |
| 57 | Englewood | 53.5 | $79,375 | $522,702 |
| 58 | Silt | 54.0 | $72,450 | $558,268 |
| 59 | Loveland | 54.0 | $81,898 | $487,758 |
| 60 | Lochbuie | 54.5 | $84,556 | $457,546 |
| 61 | Manitou Springs | 56.0 | $72,775 | $538,984 |
| 62 | Gunnison | 56.5 | $63,229 | $564,780 |
| 63 | Aurora | 59.0 | $78,685 | $472,149 |
| 64 | Bennett | 59.5 | $82,035 | $427,950 |
| 65 | Northglenn | 60.5 | $77,797 | $459,707 |
| 66 | Colorado Springs | 61.5 | $79,026 | $440,298 |
| 67 | Fountain | 63.5 | $80,311 | $389,428 |
| 68 | Rifle | 65.0 | $72,955 | $439,901 |
| 69 | Fort Lupton | 66.0 | $71,293 | $451,653 |
| 70 | Fruita | 67.5 | $71,550 | $430,521 |
| 71 | Evans | 68.5 | $75,544 | $388,506 |
| 72 | Greeley | 71.0 | $65,525 | $411,873 |
| 73 | Orchard City | 73.5 | $69,556 | $362,952 |
| 74 | Montrose | 74.5 | $60,132 | $423,228 |
| 75 | Grand Junction | 76.0 | $62,993 | $382,198 |
| 76 | Glendale | 76.0 | $63,143 | $366,045 |
| 77 | Brush | 76.5 | $64,475 | $289,894 |
| 78 | Sheridan | 76.5 | $53,707 | $424,232 |
| 79 | Federal Heights | 76.5 | $56,316 | $401,479 |
| 80 | Fort Morgan | 81.0 | $55,407 | $318,927 |
| 81 | Cortez | 81.0 | $55,962 | $301,599 |
| 82 | Florence | 82.5 | $58,167 | $270,598 |
| 83 | Craig | 84.0 | $52,443 | $287,429 |
| 84 | Pueblo | 84.0 | $52,794 | $286,223 |
| 85 | Burlington | 84.0 | $61,528 | $238,048 |
| 86 | Delta | 85.5 | $45,950 | $335,333 |
| 87 | Alamosa | 86.5 | $50,239 | $284,458 |
| 88 | Monte Vista | 88.0 | $51,071 | $238,568 |
| 89 | Trinidad | 89.0 | $47,908 | $242,035 |
| 90 | Yuma | 89.0 | $46,314 | $245,330 |
| 91 | La Junta | 90.5 | $50,799 | $154,737 |
| 92 | Lamar | 91.0 | $48,422 | $167,777 |
| 93 | Sterling | 91.0 | $44,556 | $239,066 |
| 94 | Walsenburg | 93.0 | $37,725 | $188,250 |
| 95 | Rocky Ford | 95.0 | $31,418 | $137,715 |