Centennial, CO
Population 107,386 · Colorado
About Centennial, CO
Centennial is a major city located in Colorado with a population of 107,386 residents according to the latest US Census Bureau American Community Survey data. The median household income is $128,167 per year, which is 71% above the national median of $75,149. The median age of 41.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Centennial features a median home value of $626,700, which is 156% above the national median of $244,900. This places Centennial in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,061, 77% above the national average of $1,163/month. Of the 42,513 total housing units, 81% are owner-occupied (33,774 units) and 19% are renter-occupied (7,744 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Centennial shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Centennial have an average one-way commute time of 25.8 minutes.
Education & Demographics
61.9% of Centennial residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 5.9% White, 1.5% Hispanic or Latino, 0.7% Black or African American, and 3.2% Asian residents, with 9.4% of the population being foreign-born.
How Centennial Ranks in Colorado
Cost of Living in Centennial, CO
Compared to national averages, Centennial has a median household income of $128,167 (71% above the national median of $75,149). Home values average $626,700, which is 156% above the national median. Monthly rent at $2,061 is 77% above the US average of $1,163. Within Colorado, Centennial's income is 45% above the state average of $88,514, and home values are 37% above the state median of $457,127.
Why Live in Centennial, CO?
Centennial offers a strong local economy with a median household income of $128,167, well above the national average, and a well-educated community where 61.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $626,700. However, as a major city, Centennial provides access to a wide range of amenities and services.
Centennial has a population of 107,386 with a median age of 41.8 years. Compare Centennial with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Centennial
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Boulder | 106,274 | $85,364 | $982,600 | Compare |
| Greeley | 109,421 | $68,650 | $369,600 | Compare |
| Pueblo | 111,514 | $55,305 | $230,900 | Compare |
| Highlands Ranch | 101,437 | $155,847 | $672,600 | Compare |
| Westminster | 115,546 | $96,145 | $497,400 | Compare |
| Longmont | 98,958 | $89,724 | $541,400 | Compare |
| Arvada | 122,835 | $113,396 | $600,800 | Compare |
| Loveland | 77,350 | $82,592 | $453,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Centennial With Other Cities
Frequently Asked Questions about Centennial
What is the population of Centennial, CO?
The population of Centennial, CO is 107,386 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Colorado.
What is the median household income in Centennial?
The median household income in Centennial, CO is $128,167 per year, which is 71% above the national median of $75,149.
What is the median home value in Centennial?
The median home value in Centennial, CO is $626,700, which is 156% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Centennial?
The median monthly rent in Centennial, CO is $2,061, which is 77% above the national average of $1,163/month.
What is the unemployment rate in Centennial?
The unemployment rate in Centennial, CO is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Centennial, CO a good place to live?
Centennial offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 107,386 and a median age of 41.8, the city appeals to a broad range of residents.
How educated is Centennial, CO?
61.9% of residents in Centennial aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Centennial?
Key cost-of-living indicators for Centennial, CO: median home value is $626,700 (156% above national), median rent is $2,061/month, and median household income is $128,167. The home-value-to-income ratio is 4.9x, a moderate figure by national standards.
What is the poverty rate in Centennial?
The poverty rate in Centennial, CO is 3.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Centennial, CO?
Centennial's population is 5.9% White, 1.5% Hispanic or Latino, 0.7% Black or African American, 3.2% Asian, and 2.5% two or more races. 9.4% of residents are foreign-born.