Cherry Hills Village, CO
Population 6,366 · Colorado
About Cherry Hills Village, CO
Cherry Hills Village is a small town located in Colorado with a population of 6,366 residents according to the latest US Census Bureau American Community Survey data. The median household income is $250,001 per year, which is 233% above the national median of $75,149. The median age of 47.9 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 Hills Village features a median home value of $2,000,001, which is 717% above the national median of $244,900. This places Cherry Hills Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 2,383 total housing units, 98% are owner-occupied (2,179 units) and 2% are renter-occupied (48 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cherry Hills Village shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 1.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cherry Hills Village have an average one-way commute time of 21 minutes.
Education & Demographics
83.0% of Cherry Hills Village 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 2.9% White, 2.3% Hispanic or Latino, 0.2% Black or African American, and 3.8% Asian residents, with 6.0% of the population being foreign-born.
How Cherry Hills Village Ranks in Colorado
Cost of Living in Cherry Hills Village, CO
Compared to national averages, Cherry Hills Village has a median household income of $250,001 (233% above the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Colorado, Cherry Hills Village's income is 182% above the state average of $88,514, and home values are 338% above the state median of $457,127.
Why Live in Cherry Hills Village, CO?
Cherry Hills Village offers a strong local economy with a median household income of $250,001, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 83.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.4%, better than the national average, and short commute times averaging just 21 minutes.
Potential considerations include a competitive housing market where the typical home costs $2,000,001. However, Cherry Hills Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cherry Hills Village has a population of 6,366 with a median age of 47.9 years. Compare Cherry Hills Village with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Cherry Hills Village
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stratmoor | 6,396 | $62,759 | $276,000 | Compare |
| Dacono | 6,419 | $99,389 | $448,200 | Compare |
| Gleneagle | 6,207 | $137,105 | $570,700 | Compare |
| Carbondale | 6,553 | $94,300 | $796,100 | Compare |
| Orchard Mesa | 6,597 | $76,173 | $304,200 | Compare |
| Avon | 6,057 | $85,364 | $689,000 | Compare |
| Air Force Academy | 6,701 | $93,889 | $0 | Compare |
| Sheridan | 6,031 | $58,571 | $360,900 | 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 Hills Village With Other Cities
Frequently Asked Questions about Cherry Hills Village
What is the population of Cherry Hills Village, CO?
The population of Cherry Hills Village, CO is 6,366 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Colorado.
What is the median household income in Cherry Hills Village?
The median household income in Cherry Hills Village, CO is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Cherry Hills Village?
The median home value in Cherry Hills Village, CO is $2,000,001, which is 717% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cherry Hills Village?
The median monthly rent in Cherry Hills Village, CO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cherry Hills Village?
The unemployment rate in Cherry Hills Village, 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 Cherry Hills Village, CO a good place to live?
Cherry Hills Village offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,366 and a median age of 47.9, the city appeals to established professionals and retirees.
How educated is Cherry Hills Village, CO?
83.0% of residents in Cherry Hills Village 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 Hills Village?
Key cost-of-living indicators for Cherry Hills Village, CO: median home value is $2,000,001 (717% above national), median rent is $0/month, and median household income is $250,001. The home-value-to-income ratio is 8.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Cherry Hills Village?
The poverty rate in Cherry Hills Village, CO is 1.4%, 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 Hills Village, CO?
Cherry Hills Village's population is 2.9% White, 2.3% Hispanic or Latino, 0.2% Black or African American, 3.8% Asian, and 1.3% two or more races. 6.0% of residents are foreign-born.