Cherry Hills Village is a somewhat small city located in the state of Colorado. With a population of 6,312 people and two associated neighborhoods, Cherry Hills Village is the 75th largest community in Colorado.
Cherry Hills Village home prices are not only among the most expensive in Colorado, but Cherry Hills Village real estate also consistently ranks among the most expensive in America.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 27.87% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Cherry Hills Village is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Cherry Hills Village is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Cherry Hills Village really has some of the features that families look for when choosing a good community to raise children. Is Cherry Hills Village perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
If knowledge is power, Cherry Hills Village is a pretty powerful place. 85.22% of the adults in Cherry Hills Village have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Cherry Hills Village in 2022 was $171,655, which is wealthy relative to Colorado and the nation. This equates to an annual income of $686,620 for a family of four.
The people who call Cherry Hills Village home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cherry Hills Village residents report their race to be White, followed by Asian. Important ancestries of people in Cherry Hills Village include English, German, Irish, European, and Scottish.
The most common language spoken in Cherry Hills Village is English. Other important languages spoken here include Spanish and French.