10 Richest Cities in Colorado

By PropertyClub Team
May 26th 2024
Colorado is known for its diverse scenic beauty and high quality of life. The following list of the ten richest cities in Colorado will help you decide which upscale living destination is right for you and your family.

hash-mark10 Richest Cities in Colorado

  1. Cherry Hills Village
  2. Superior
  3. Castle Rock
  4. Frederick
  5. Centennial
  6. Lone Tree
  7. Severance
  8. Broomfield
  9. Arvada
  10. Aspen

hash-mark1. Cherry Hills Village

The richest city in Colorado is Cherry Hills Village. Nestled just outside Denver, this exclusive community is known for its expansive estates, meticulously manicured landscapes, and active local community. Residents here can enjoy a serene atmosphere with tree-lined streets, spacious lots, and breathtaking views of the Rocky Mountains. Cherry Hills Village is also one of the safest places to live in Colorado.

With a median household income of $451,000 and some of the highest average home values in the state, Cherry Hills Village is not only the richest city in Colorado, but also one of the wealthiest cities in the US

hash-mark2. Superior

Superior is the second-richest city in Colorado. Situated near Boulder and Denver, this vibrant community perfectly balances small-town charm and modern convenience. Residents here have easy access to a wide range of outdoor activities, excellent schools, well-maintained parks, and a variety of local events that foster a strong sense of community. With a median household income of $132k, Superior is considered the second-richest place to live in Colorado. 

hash-mark3. Castle Rock

Castle Rock is also one of the richest towns in Colorado. With its charming and friendly streets, stunning views of the Rocky Mountains, well-maintained parks, and thriving downtown area, this lovely town is one of the best places to live in Colorado for families. Additionally, residents here can enjoy the city’s vibrant local community and collection of outdoor activities. With a median household income of $121k, Castle Rock is another premier choice among the Colorado elite. 

hash-mark4. Frederick

Frederick is another one of the wealthiest cities in Colorado. A small town located north of Denver, this city provides its 17,000 residents with a peaceful and close-knit community. Offering a charming and relaxed atmosphere with a strong sense of community pride, those who live in Frederick can enjoy a comfortable and family-oriented lifestyle. The median household income in Frederick is roughly $116k, keeping it an essential part of Colorado’s richest cities. 

hash-mark5. Centennial

Centennial is one of the richest cities in Colorado for those who prefer a dynamic, well-planned living experience. Situated in the southeastern part of the Denver metropolitan area, this city boasts a wide range of amenities, including excellent schools, numerous parks, and a variety of shopping and dining options. With its strong community spirit, safe neighborhoods, and close proximity to both outdoor activities and Denver, it’s no wonder the median household income in this area sits close to $114k. 

If you want to check out other great cities near Denver, be sure to explore the best Denver suburbs for families

hash-mark6. Lone Tree

Located just south of Denver is Lone Tree, another one of Colorado’s richest cities. Living in Lone Tree provides residents with an upscale and vibrant suburban lifestyle, complete with various shopping centers and entertainment venues. With its master-planned neighborhoods, high median household incomes, and amenities like the Park Meadows Mall and the Lone Tree Arts Center, the city is a great place to live. 

Although it offers a lot, Lone Tree does have one major drawback. The city has a bit of a crime problem and is one of the most dangerous cities in Colorado

hash-mark7. Severance

Severance is one of the richest cities in Colorado for those who prefer a more exclusive living situation. Home to only 11,000 people, this city offers a charming community atmosphere with a peaceful, family-friendly environment. Its scenic views, beautiful parks, and local events, like the Severance Days celebration, help create its signature welcoming environment. The median household income in this area is $111k, keeping it a small-town addition to Colorado’s wealthiest cities. 

hash-mark8. Broomfield

Broomfield, another one of the richest cities in Colorado, is a thriving area located between Denver and Boulder and provides its residents with easy access to the vibrant cultural scenes, shopping districts, and job opportunities of both cities. Broomfield itself boasts an active local community, abundant green spaces, top-rated schools, diverse neighborhoods, and close proximity to outdoor recreation. With a median household income of $107k, Broomfield is not to be overlooked when considering the richest cities in Colorado. 

hash-mark9. Arvada

In addition to being one of Colorado’s richest cities, Arvada is also one of the best suburbs of Denver. Located just northwest of Denver, this city provides residents with both small-town charm and urban amenities — all within easy access to the employment opportunities inside of Denver. With so much to offer, it’s no wonder Arvada’s median household income sits close to $97k, one of the highest in all of Colorado. 

hash-mark10. Aspen

Aspen has long been known to be one of the most expensive places to live in Colorado. But living in Aspen is an experience unlike any other. Nestled in the heart of the Rocky Mountains, this beautiful town is renowned for its breathtaking natural beauty and world-class skiing. Many celebrities live in Aspen, Colorado due to the town's incredible beauty.

Aspen residents enjoy an active outdoor lifestyle year-round, with hiking, biking, fishing, and golfing opportunities during the warmer months. Beyond its stunning slopes, Aspen offers a vibrant cultural scene with art galleries, music festivals, and theater performances. Aspen is also one of the most liberal cities in Colorado. With a mix of luxury residences, upscale shopping, and exquisite dining options, Aspen is universally considered one of the richest cities in Colorado. 

hash-markRichest Cities in Colorado Compared



Median Household Income

Average Home Price

Cherry Hills Village








Castle Rock












Lone Tree