Cherry Hills Village is a somewhat small city located in the state of Colorado. With a population of 6,647 people and two constituent neighborhoods, Cherry Hills Village is the 70th 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.
Cherry Hills Village is a decidedly white-collar city, with fully 97.03% of the workforce employed in white-collar jobs, well above the national average. Overall, Cherry Hills Village is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Cherry Hills Village who work in management occupations (32.77%), healthcare (13.27%), and business and financial occupations (13.27%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.08% 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.
Cherry Hills Village is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Cherry Hills Village’s overall crime rate is lower than average for the country.
If knowledge is power, Cherry Hills Village is a pretty powerful place. 84.27% 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 2018 was $141,009, which is wealthy relative to Colorado and the nation. This equates to an annual income of $564,036 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 German, English, Irish, European, and Polish.
The most common language spoken in Cherry Hills Village is English. Other important languages spoken here include Spanish and French.