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Denver County, CO

RANK #978 / 996  ·  POP 710,800  ·  CO

PROJECTED GROWTH: -4.3%

Denver County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Denver County?

Denver County, home to the city of Denver, Colorado, is known for its access to the Rocky Mountains and 300 days of sunshine annually. Located at exactly one mile above sea level, giving it the nickname "The Mile High City," Denver offers a blend of urban amenities and outdoor recreation. Residents and visitors can enjoy hiking, biking, and kayaking in city parks like Confluence Park or venture to nearby Red Rocks Park and Amphitheatre for trails and concerts. The city's climate features four distinct seasons, with mild winters where snow often melts quickly due to abundant sunshine. Commute options include the Regional Transportation District (RTD) light rail and bus system, as well as carpooling and vanpooling services.

Life in Denver County attracts a mix of families and young professionals, drawn to its urban feel and proximity to nature. Denver Public Schools serves the county with over 200 educational institutions. The economy is diversified, with significant sectors including technology, aerospace, healthcare, financial services, and energy. Recent economic developments show growth in employment and ongoing investment in commercial and residential areas. This growth has contributed to a rising cost of living, particularly for housing.

[02] Market Snapshot

Housing Ratio
3.7x

Undervalued relative to economy

GDP Growth
+1.9%

Below national median

Home Prices
-4.2%

Prices declining

Climate & Terrain
2.9

Moderate climate & terrain

Price/Rent
25x

Prices detached from rents

Housing looks undervalued at 3.7x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Denver County U.S. National

The Numbers

DEMOGRAPHICS
Population
710,800
+0.57% YoY
Median Household Income
$85,853
Median Home Value
$540,400
-4.25% 12mo
Median Rent
$1,665
Average Annual Pay
$101,834
+6.4% YoY
Employment
565,183
-0.6% YoY
Income-to-Home-Value
0.1589
Less affordable than average
Migration Inflow
5.46%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$555,000
Days on Market
45
Moderate pace
Months of Supply
4.1
Balanced market
Sale-to-List Ratio
98.2%
Near asking price
Sold Above List
20.2%
Listings w/ Price Drops
30.8%
Building Permits (2024)
3,994
Single-Family Permits
872

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$21,050M
TOTAL
PROJECT AMOUNT STATUS
River Mile Development
Kroenke Sports and Entertainment
$20,000M Under Construction
CoreSite DE3 Data Center Campus
CoreSite
$500M Under Construction
Ball Arena District Redevelopment
Kroenke Sports and Entertainment
$500M Planned
Renewable Natural Gas Facility at Denver Arapahoe Disposal Site
Waste Management (WM) and Denver Department of Public Health & Environment (DDPHE)
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.9% 33 percentile
Population Growth +0.6% 56 percentile
Income Growth +9.8% 78 percentile
Vacancy Rate 1.4% 25 percentile
Home Price Change -4.2% 4 percentile
Rent Growth -0.9% 6 percentile
Price/Rent 25x 2 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Denver County, CO a good place to move to?

Denver County has a Boom Town Index score of 2/100, ranking #978 among 996 U.S. counties. With job growth at -0.6% and a median household income of $85,853, it faces some economic headwinds compared to faster-growing counties.

Is Denver County affordable?

The median home value in Denver County is $540,400 with median rent at $1,665/month. The income-to-home-value ratio is 0.1589, which is less affordable than the national average.

Is Denver County growing or shrinking?

Population growth: +0.6% year-over-year. Job growth: -0.6%. Home values changed -4.2% in the past 12 months.

Are people moving to Denver County?

Yes — 5.46% of Denver County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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