Cherry Creek is an unincorporated community in Arapahoe County, CO. It has no city government: the county runs it, and the Census counts it as its own place.

What it's like to live in Cherry Creek

Cherry Creek is an unincorporated community in Colorado with household incomes running above the national average, a highly educated workforce, and schools with class sizes near the national average. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Cherry Creek deals with rent well above the national average, home prices well above the national average, air quality that falls short of national benchmarks, and a population that has been shrinking.

The good

  • Higher-than-average incomes
  • Highly educated workforce
  • Average class sizes

The not so good

  • Rent well above the national average
  • High home prices
  • Air quality concerns
  • Shrinking population
  • Cold winters
  • Heavy snowfall — 64" per year

How Cherry Creek compares

Median household income

Cherry Creek$153,776
Colorado avg$95,470
US$80,734

Median rent (per month)

Cherry Creek$2,093
Colorado avg$1,761
US$1,413

Median home value

Cherry Creek$888,900
Colorado avg$539,400
US$332,700

What it takes to move to Cherry Creek

Based on Cherry Creek's median rent, home value and household income

To rent

$4,186

up front: first month plus a typical one-month deposit

  • Income to keep rent under 30%: $83,720 a year
  • 47% of Cherry Creek renters spend 30% or more of their income on rent

To buy

$177,780

a 20% down payment on the median home

  • With 10% down: $88,890
  • Homes cost 5.8× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of living▲ 48% above US

$2,093/mo median rent

Rent is expensive here, at $2,093 a month median and well above the national average. This is the kind of city where housing costs deserve serious budgeting before committing to a move. Home prices are steep, with a median around $888,900. Renting first to get a feel for the city before buying is often the more practical route.

Median home value $888,900 · 47% of renters cost-burdened

Job market

3.9% county unemployment

Unemployment in Arapahoe County is 3.9%, close to the national average of 4.3%. That's the county-wide rate; BLS doesn't measure a place this size on its own.

Arapahoe County (county-wide)

Safety

260 violent crimes per 100k, whole jurisdiction

Cherry Creek doesn't have its own police department, so there's no crime rate for it alone. The figures shown are for the Arapahoe County Sheriff's Office jurisdiction as a whole, which runs below the national average for violent crime and covers many communities. Individual neighborhoods can differ a lot from that overall rate.

Property crime 1399/100k · Policed by Arapahoe County Sheriff's Office (county-wide rate) · 2025 data

Getting around▼ 10% below US

23 min average commute

Commutes are reasonable, averaging 23.4 minutes. Nothing heroic, and there's still time left over for a life after work. 6 in 10 workers drive to work; 33% work from home.

How workers get to work

Drive alone
60%
Work from home
33%
Carpool
4.4%
Other
2.0%
Walk
0.4%
Public transit
0.2%

Climate

Summers are warm, with highs around 84°F, and winters are cold and harsh, with lows dropping to 19°F. It's a dry climate with limited rainfall.

Average month

High °FLow °FPrecip (in)
10°30°50°70°90°2.5"Jan: 0.41" precipitationFeb: 0.43" precipitationMar: 1.04" precipitationApr: 1.94" precipitationMay: 2.04" precipitationJun: 1.98" precipitationJul: 1.76" precipitationAug: 2.25" precipitationSep: 1.29" precipitationOct: 1.00" precipitationNov: 0.53" precipitationDec: 0.35" precipitationJJan: high 45°F, low 19°FFFeb: high 46°F, low 20°FMMar: high 54°F, low 27°FAApr: high 60°F, low 34°FMMay: high 69°F, low 43°FJJun: high 81°F, low 52°F87°JJul: high 87°F, low 59°FAAug: high 85°F, low 57°FSSep: high 77°F, low 49°FOOct: high 64°F, low 36°FNNov: high 52°F, low 26°F19°DDec: high 44°F, low 19°F

30-year averages, 1991–2020

Education & workforce▲ 111% above US

76% bachelor's degree or higher

This is a highly educated city, with over half the adult population holding a college degree. That tends to shape the job market and the broader culture, and it's a solid indicator of a strong professional scene.

Schools

3 public schools inside the boundary

There are 3 public schools inside the boundary. The student-to-teacher ratio is 15:1, close to the national average of 16:1. Smaller class sizes are generally a positive sign for a district.

Parks & recreation

The nearest national park or historic site is Florissant Fossil Beds National Monument (53 miles away). There are 2 national parks and sites within a day's drive.

Bottom line

Cherry Creek's strongest points are household incomes running above the national average and a highly educated workforce; the main tradeoffs are rent well above the national average and home prices well above the national average. A year of median rent ($2,093/mo) equals 16% of the median household income here, less than the 21% typical nationwide. It tends to suit remote workers (33% of workers here already work from home) and college-educated professionals. It may be a harder fit for renters on a tight budget.

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