Cherry Creek, CO
Population 11,011 · Colorado
About Cherry Creek, CO
Cherry Creek is a mid-sized city located in Colorado with a population of 11,011 residents according to the latest US Census Bureau American Community Survey data. The median household income is $147,618 per year, which is 96% above the national median of $75,149. The median age of 42.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cherry Creek features a median home value of $856,800, which is 250% above the national median of $244,900. This places Cherry Creek in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,974, 70% above the national average of $1,163/month. Of the 4,293 total housing units, 77% are owner-occupied (3,192 units) and 23% are renter-occupied (937 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cherry Creek shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cherry Creek have an average one-way commute time of 22.5 minutes.
Education & Demographics
75.1% of Cherry Creek 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 3.4% White, 1.6% Hispanic or Latino, 0.5% Black or African American, and 7.1% Asian residents, with 16.4% of the population being foreign-born.
How Cherry Creek Ranks in Colorado
Cost of Living in Cherry Creek, CO
Compared to national averages, Cherry Creek has a median household income of $147,618 (96% above the national median of $75,149). Home values average $856,800, which is 250% above the national median. Monthly rent at $1,974 is 70% above the US average of $1,163. Within Colorado, Cherry Creek's income is 67% above the state average of $88,514, and home values are 87% above the state median of $457,127.
Why Live in Cherry Creek, CO?
Cherry Creek offers a strong local economy with a median household income of $147,618, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 75.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.2%, better than the national average, and short commute times averaging just 22.5 minutes.
Potential considerations include a competitive housing market where the typical home costs $856,800. However, Cherry Creek’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cherry Creek has a population of 11,011 with a median age of 42.8 years. Compare Cherry Creek with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Cherry Creek
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Monument | 11,035 | $114,654 | $586,400 | Compare |
| Berkley | 10,838 | $76,232 | $453,600 | Compare |
| Fairmount | 10,521 | $163,785 | $772,600 | Compare |
| Fort Morgan | 11,521 | $59,121 | $259,900 | Compare |
| Wellington | 11,538 | $103,888 | $442,500 | Compare |
| Rifle | 10,466 | $80,629 | $377,900 | Compare |
| Gunbarrel | 10,424 | $111,506 | $789,200 | Compare |
| Edwards | 10,415 | $90,735 | $747,700 | 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 Cherry Creek With Other Cities
Frequently Asked Questions about Cherry Creek
What is the population of Cherry Creek, CO?
The population of Cherry Creek, CO is 11,011 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Colorado.
What is the median household income in Cherry Creek?
The median household income in Cherry Creek, CO is $147,618 per year, which is 96% above the national median of $75,149.
What is the median home value in Cherry Creek?
The median home value in Cherry Creek, CO is $856,800, which is 250% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cherry Creek?
The median monthly rent in Cherry Creek, CO is $1,974, which is 70% above the national average of $1,163/month.
What is the unemployment rate in Cherry Creek?
The unemployment rate in Cherry Creek, CO is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cherry Creek, CO a good place to live?
Cherry Creek offers above-average incomes, a competitive housing market, and a strong job market. With a population of 11,011 and a median age of 42.8, the city appeals to a broad range of residents.
How educated is Cherry Creek, CO?
75.1% of residents in Cherry Creek 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 Cherry Creek?
Key cost-of-living indicators for Cherry Creek, CO: median home value is $856,800 (250% above national), median rent is $1,974/month, and median household income is $147,618. The home-value-to-income ratio is 5.8x, a moderate figure by national standards.
What is the poverty rate in Cherry Creek?
The poverty rate in Cherry Creek, CO is 5.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cherry Creek, CO?
Cherry Creek's population is 3.4% White, 1.6% Hispanic or Latino, 0.5% Black or African American, 7.1% Asian, and 0.2% two or more races. 16.4% of residents are foreign-born.