THE 10 BEST Places To Live In Colorado For 2020


We used science and data to determine which places in the Centennial State are the cream of the crop.

Editor’s Note: We updated this article for 2020. This is our sixth time ranking the best places to live in Colorado.

Most people think that Colorado is just a bunch of boardin' Betties and rock climbers that sit around and drink Coors Light and smoke pot all day.

But, the good people from Colorado would beg to differ: it's a lot more.

Coloradans say it's one of the best states in the country. However, in order to be one of the best, we at HomeSnacks think that they should have the places to call home. And, folks, we think they do.

We ranked Colorado as one of the Best States to Raise a Family; and in our story, Best Places to Retire in Colorado, the state's cream really floated to the top. Coincidence that our best places to live list shares top cities with these other lists? We think not.

Now, it wouldn't be right if we didn't mention the love the good people of the Mile High City feel for their Denver Broncos. When residents aren't busy cheering on their local teams under the Friday night lights, they can be heard yelling for the orange and blue on any given Sunday.

Colorado's strong economy, gold star education rating, and average cost of living make its cities very desirable. So, one can imagine how difficult it was for us to narrow down the best places to live in Colorado.

We suggest you grab a Coors Light, throw on your favorite Broncos jersey, and read on to see how we ranked the best places to live in Colorado.

Yes, Colorado is every adrenaline junkies dream. The energy the residents of Colorado exude attract many people in search of its fountain of youth amidst the perfect Colorado mountain backdrop.

What does the perfect place to live in Colorado look like?

More importantly what city is the best place to live in Colorado 2020? Well according to the US Census and FBI data we crunched, Louisville is the best place to live in Colorado if you care about home values, low crime, and a high quality of life.

Take a look at the list below to find out. We give you a detailed look into the top ten best places to live in Colorado where, yes, you can have it all.

If you're looking for something more national, check out the best states in America or the best places to live in America.

For more Colorado reading, check out:

The 10 Best Places To Live In Colorado For 2020

Louisville, CO

Source: Public domain
Overall SnackAbility

7.5
/10

Population: 20,705
Rank Last Year: 1 (No Change)
Median Home Value: $554,200 (6th best)
Unemployment Rate: 4.3% (37th best)
More on Louisville: Real Estate | Data | Photos

Little Louisville, a city just outside of Boulder, has it made. It has the 37th lowest unemployment rate, and crime is far below average for Colorado. Residents here have great jobs, and the home price proves it's a highly desirable location in the state, for those who can afford the high cost of living.

More good news: Louisville's population has actually ticked down over the years, so you get to keep more for yourself. Maybe the secret is out now?

Centennial, CO

Overall SnackAbility

9.5
/10

Population: 109,505
Rank Last Year: 20 (Up 18)
Median Home Value: $398,700 (15th best)
Unemployment Rate: 3.4% (17th best)
More on Centennial: Real Estate | Data | Photos

Things can't get much better than in the town of Centennial. The crime is the 18th lowest in the entire state, and the residents who live in Centennial make huge salaries, and almost all of them have great jobs.

The median home costs a cool $398,700 and households make $105,974 which is good for 7th in Colorado.

Parker, CO

Overall SnackAbility

9.5
/10

Population: 52,563
Rank Last Year: 3 (No Change)
Median Home Value: $386,800 (17th best)
Unemployment Rate: 3.1% (11th best)
More on Parker: Real Estate | Data | Photos

If you want to live in the Denver area, you can't go wrong if you decide to make the Town of Parker your home. However, everyone and their mother wants to live here. The population has doubled in the last 15 years, and is showing no signs up letting up.

Can you blame them? It's a beautiful place with really low crime, where a majority of residents are wealthy. Plus, the residents are really involved with helping to make Parker as great as possible. You can't get it much better than in Parker.

Superior, CO

Overall SnackAbility

8
/10

Population: 13,014
Rank Last Year: 2 (Down 2)
Median Home Value: $530,800 (9th best)
Unemployment Rate: 2.4% (6th best)
More on Superior: Real Estate | Data | Photos

Superior is right next door to Louisville. The only real glaring differences between the two: Superior residents are far wealthier, but the crime is much higher. And unlike Louisville, people are flocking to Superior in droves, as the population has increased almost 40% since 2000.

Windsor, CO

Overall SnackAbility

7
/10

Population: 25,232
Rank Last Year: 7 (Up 2)
Median Home Value: $374,700 (23rd best)
Unemployment Rate: 3.0% (8th best)
More on Windsor: Real Estate | Data | Photos

When you're looking at the best places you could live in Colorado, Windsor came in 5th. Let's see why.

It has a low unemployment rate and high incomes.

Plus, Windsor has an impressive history for a place of just over 25,232 people. The median home costs a cool $374,700 and households make $96,710 which is good for 13th in Colorado.

Castle Rock, CO

Overall SnackAbility

9.5
/10

Population: 59,680
Rank Last Year: 6 (No Change)
Median Home Value: $391,100 (16th best)
Unemployment Rate: 3.0% (9th best)
More on Castle Rock: Real Estate | Data | Photos

If you want to live in Colorado, you can't go wrong if you decide to make the Castle Rock area your home. However, everyone and their mother wants to live here.

Can you blame them? It's a beautiful place with really low crime, where a majority of residents are wealthy (a $104,642 median income will do that).

Plus, the residents are really involved with helping to make Castle Rock as great as possible. You can't get it much better than in Castle Rock.

Castle Pines, CO

Source: Public domain
Overall SnackAbility

5
/10

Population: 10,573
Rank Last Year: 4 (Down 3)
Median Home Value: $598,600 (5th best)
Unemployment Rate: 3.2% (14th best)
More on Castle Pines: Real Estate | Data | Photos

Who wouldn't want to live in a place where there's low crime and everyone is rich? That's the case with Castle Pines, a small community a short drive south of Highlands Ranch.

Castle Pines was only incorporated eight years ago, in 2007, and things are already looking peachy keen here. The unemployment rate is the 14th lowest in Colorado and the median income comes in at $156,144.

Erie, CO

Overall SnackAbility

7
/10

Population: 22,965
Rank Last Year: 5 (Down 3)
Median Home Value: $437,000 (14th best)
Unemployment Rate: 3.9% (29th best)
More on Erie: Real Estate | Data | Photos

Things can't get much better than in the town of Erie. The crime is the 10th lowest in the entire state, and the residents who live in Erie make huge salaries, and almost all of them have great jobs.

While all of the other Denver suburbs to make the top of this list are on its south side, Erie is the only one that's considered a northern suburb of Denver.

Erie also benefits from an active arts community.

Broomfield, CO

Overall SnackAbility

9
/10

Population: 66,120
Rank Last Year: 14 (Up 5)
Median Home Value: $382,800 (19th best)
Unemployment Rate: 3.6% (22nd best)
More on Broomfield: Real Estate | Data | Photos

The crime rate is much lower here than in the rest of Colorado, as there were only 82 violent crimes in the city limits last year. The unemployment rate is the 22nd lowest in Colorado (3.6%), and the public schools are ranked 3rd in the state in terms of spending per student.

Additionally, homes are the 19th most expensive in Broomfield ($382,800), meaning a lot of people want to live there.

Plus, the residents earn a really great salary: $89,624 a year.

Lone Tree, CO

Overall SnackAbility

8.5
/10

Population: 14,209
Rank Last Year: 9 (Down 1)
Median Home Value: $611,900 (4th best)
Unemployment Rate: 3.1% (12th best)
More on Lone Tree: Real Estate | Data | Photos

At an unemployment rate of 3.1%, everyone who wants a job can get one in Lone Tree. And the residents command high salaries ($115,746 a year combined income), and live in big fancy homes ($611,900 each).

We're not saying money is why these cities are the 'best' in Colorado. What we're implying is that money means safety and peace of mind. And there's nothing wrong with that.

Mapping The Best And Worst Places To Live in Colorado

The Pressing Question: Size

Before we even started to collect data, we had to answer a tough question: Is it fair to pit Denver with a population of 693,417 against places with a population of 18?

We firmly decided no, that just isn't fair.

So to create our ranking, we broke places to live into three tiers:

  • Cities -- Populations over 5,000
  • Towns -- Populations between 1,000 and 5,000
  • Small Towns -- Populations below 1,000

This left us with 74 cities, 101 towns, and 184 small towns.

We then decided, no matter how much anyone loves their town, the best cities to live in Colorado have more of everything and therefore you need to have over 5,000 people to truly be 'the best'.

Now we also realize that city living might not be your cup of tea, so we ran the following analysis on towns and then again for small towns.

You can see those two top tens at the bottom of the post.

How We Calculated The Best Cities To Live In Colorado

Now that we had our set of cities, it was time to rank them.

We ranked each place in Colorado across a number of criteria from one to 74, with one being the best.

We then took the average rank across all criteria, with the city posting the lowest overall score being crowned the winner of the title "Best Place To Live In Colorado".

The criteria we looked at were:

  • Median Home Values
  • Median Income
  • Population Density (Higher better)
  • Unemployment Rate
  • Commute Time
  • Crime
  • Education Levels
  • Health Insurance Coverage
  • Poverty rates

Sources of criteria include the New Census Data and FBI Crime Data. You can download the data here.

After the dust settled, what was the best place to live in Colorado? That would be Louisville.

If your city or town isn't among the top 10, jump down to the bottom of the post to see a detailed chart of the best places in Colorado.

Otherwise, buckle up for a ride down good living lane with Louisville at the end of the cul-de-sac.

Wrapping Up The Best Places When It Comes To Living In Colorado

If you're looking at areas in Colorado with the best economic situations, where there's lower than average crime, and a lot to do, this is an accurate list.

Louisville made a strong showing to take in the overall number one spot for the best place to live in Colorado for 2020.

Best Towns To Live In Colorado

  1. Bow Mar (Pop. 1,047)
  2. Niwot (Pop. 4,588)
  3. Acres Green (Pop. 2,926)
  4. Meridian (Pop. 3,327)
  5. Columbine Valley (Pop. 1,190)
  6. Castle Pines Village (Pop. 4,518)
  7. Pine Brook Hill (Pop. 1,091)
  8. Frisco (Pop. 2,909)
  9. Inverness (Pop. 1,189)
  10. Lyons (Pop. 2,027)

Best Small Towns To Live In Colorado

  1. Sawpit (Pop. 31)
  2. Saddle Ridge (Pop. 63)
  3. Morgan Heights (Pop. 360)
  4. Bark Ranch (Pop. 224)
  5. Woody Creek (Pop. 272)
  6. Valmont (Pop. 55)
  7. Rock Creek Park (Pop. 57)
  8. Tall Timber (Pop. 173)
  9. Sunshine (Pop. 177)
  10. Crisman (Pop. 402)

If you're curious enough, here are the worst places to live in Colorado according to the data:

  1. Federal Heights (Pop. 12,645)
  2. Alamosa (Pop. 9,780)
  3. Lochbuie (Pop. 6,036)

For more Colorado reading, check out:

Where Are The Best Places To Live In Colorado?

Rank City Population Unemployment Rate Home Value
1 Louisville 20,705 4.3% $554,200
2 Centennial 109,505 3.4% $398,700
3 Parker 52,563 3.1% $386,800
4 Superior 13,014 2.4% $530,800
5 Windsor 25,232 3.0% $374,700
6 Castle Rock 59,680 3.0% $391,100
7 Castle Pines 10,573 3.2% $598,600
8 Erie 22,965 3.9% $437,000
9 Broomfield 66,120 3.6% $382,800
10 Lone Tree 14,209 3.1% $611,900

How Is Your Town In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.