Living in Denver offers an ideal blend of year-round recreational amenities, a robust, inclusive business climate, and urban sophistication. From young professionals to retirees, Denver delivers a laid-back, adventure-filled living experience. For career-focused individuals, Denver is home to a multitude of corporations providing access to an innovative and thriving job market. Visitors and new residents find a welcoming community that appreciates art, and Denver’s naturally scenic music venues are jaw-dropping. Denver’s ultimate allure resides within its rich history and vibrant arts districts.
With its abundance of educational opportunities, from top-ranked public schools to Universities, Denver is known for being a hub for research and higher learning. Correspondingly, healthcare is top-notch in Denver, a bonus for medical professionals and residents. Denver’s and the college teams provide plenty of events to captivate the community. If pro sporting events rule the calendar, this town has it covered. To top it off, Denver’s centrally located International Airport makes travel a breeze.
Let’s venture into the “Mile High City” and see what makes life in Denver so compelling, and decide if financing homeownership in the Centennial State is an ideal fit.
1. Living in Denver is Dynamic
If life in the Rocky Mountains of Colorado is calling, Denver is the place to call home. By offering an abundance of outdoor recreation amidst culture and a booming job market, this dynamic city provides an ideal solution for a work/lifestyle balance. The ever-evolving communities within this mountain city thrive among the green spaces and embrace outdoor activities year-round. With plenty of National Parks and easy access from most Denver neighborhoods to trails and slopes, what’s not to love? The wintertime seasons offer world-class skiing and snowboarding adventures for all ages and skill levels, and the seasonal changes of life in the Rockies transform into a summer playground for adventure seekers.
Moving to the summer season, residents love the low humidity in Colorado, perfect for hiking and exploring mountain biking trails. Believe it or not, the snow load in the Denver metro area is mild compared to much of the United States. Offering panoramic scenic views and located precisely one mile above sea level, Denver is well-known as the “Mile High City.” Here’s a fun fact: Unlike the idyllic thought that snow sports dominate the region, Denverites soak in 300 days of sunshine each year. Summer months are ideal for water-loving residents, and City Park and Washington Park are popular spots for fishing, boating, paddleboarding, and picnics. Prepare to be captivated by the breathtaking landscapes and outdoor exploration of Colorado.
2. Living in Denver is Lucrative
Forbes lists Denver as the 5th best place for business and career growth. Residents enjoy the vigorous career growth and economic diversity that Denver offers. Denver is well-known for its thriving job market and a high concentration of research institutions, both public and private. The headquarters for Lockheed Martin, in the nearby town of Littleton, hosts over 10,000 employees alone.
Aerospace and defense significantly contribute to the local economy, employing over 53,000 workers and personnel. Tech enthusiasts need to look no further. Denver is a driving force for innovation and entrepreneurial growth. Earning the 4th position in the nation for economic standing. The evolution of its technology sector bolsters Colorado’s economy. Alongside aerospace and technology, job opportunities in health care continue to be in very high demand.
Admittedly, living in Denver is a costly undertaking. In fact, housing prices and the cost of living in Denver, CO, aren’t for the faint of heart. Once Denverite homeowners settle into their new American dream, they often fall in love with the city. When weighing the pros and cons of living in Denver, the thriving job market coupled with its robust and diversified economy gives Denver the upper hand.
3. Living in Denver is Enriching
Denver boasts a vibrant cultural scene, drawing art lovers worldwide. With an array of venues to celebrate culture and unique talent, like the Denver Art Museum, Red Rocks Amphitheater, and the Denver Performing Arts Complex, the city’s cultural attractions will enrich each guest.
Cherry Creek State Park is four miles from downtown Denver, perfect for shopping and escaping the hustle and bustle. Between the restaurants and boutiques, visitors love the Cherry Creek area, and the surrounding neighborhoods are ever-popular among homebuyers.
In west Denver, Red Rocks Park and Amphitheater provide panoramic views of the Denver skyline and surrounding areas and concert experiences like none other. Concertgoers, beware: There are hundreds of steps to climb and descend into this one-of-a-kind, intimate yet immersive concert experience. Although the Red Rocks experience hosts over 9,000 patrons, the unique atmosphere and acoustic natural surroundings provide a magical space to enjoy the arts and a strong sense of community and camaraderie among attendees.
4. Living in Denver is Engaging
Regarding entertainment
Denver’s economic stability is unparalleled in terms of talent, culture, sports, and the arts. Pairing entertainment with nightlife, the breweries and restaurants in downtown Denver and its suburbs teem with flavor, live music, and culture. Denver’s microbrewery scene cultivates community and followership among brewers and beer lovers. The Mile High City is only one of Denver’s slogans. One of which is the “Craft Beer Capital of the Rockies.” Home to over seventy breweries, Denver is giving Portland some competition. One fun fact about brewing in Denver is that the brewing process and flavor profiles are unique to the area because of the high altitude.
For the die-hard sports enthusiasts, Denver doesn’t disappoint. Home to several major professional sports teams, including the Denver Broncos (NFL), Denver Nuggets (NBA), Colorado Rockies (MLB), and Colorado Avalanche (NHL), beyond pro sports, this city boasts a labyrinth of sporting events to enjoy.
Coors Field houses the team, and the locals are serious about supporting their sports teams and proud of their baseball players. Denver is home to several colleges; here are a few to consider. The University of Colorado Denver is a public research university and ranks among the top-rated colleges, with a Niche score of A-. The University of Denver is a private research university and ranks a B+ with Niche. Lastly, Regis University is an above-average private Catholic university with a B+ rank. Overall, the educational system in Denver is ironclad, with most schools ranking above an A score.
For arts and science enthusiasts
Denver is alive with cultural showcases. Take a whimsical stroll through the colorful RiNo (River North) Art District and soak in the local art scene through murals and innovation. Head toward the Denver Art Museum and prepare for over 70,000 one-of-a-kind exhibits and installations. Denver Botanic Gardens and the Denver Museum of Nature & Science captivate visitors with our universe’s natural wonder and engage guests of all ages. Speaking of sparking curiosity, the Children’s Museum of Denver at Marsico Campus offers interactive and educational exhibits that spark creativity in young minds.
5. Living in Denver is Efficient
Ideally located between easily accessible recreation and a job market to meet almost any career path, Denver offers the perfect work/life balance. Alongside rugged mountains and green spaces, the metro area is easily accessible and aligns work travel and social connectivity within the city. If remote work is ideal, Denver is a big city in the western states that houses various co-working spaces.
Most Denverites use personal vehicles to jet set around town. However, there is access to public transportation within and around the Denver metro area via the Regional Transportation District (RTD) bus system and the RTD light rail. Additionally, for those looking to get out of town, the light rail offers routes to the airport and Boulder. Commuting traffic is what one would expect for a large city like Denver, and commute delays are unavoidable.
For those who like to travel, Denver International Airport offers direct flights to most major cities around the continent, both eastern and western; consequently, living in Denver is efficient. With direct flights from Denver to eighteen cities in California alone, such as San Francisco, Los Angeles, and San Diego, flying from Denver is easy. Additionally, getting to central US cities is a breeze. With two-hour flights to both Chicago and Texas, Denverites have it made. Not to mention, International travel is seamless, with nonstop destinations to Asia, Canada, the Caribbean, Central America, Europe, and Mexico.
Comparing Denver
The Denver area demonstrates diverse amenities comparable to most western major cities like Los Angeles, Portland, and San Francisco. Among the influx of new real estate sales, buyers relocating to Denver compete with Texas and California the most, and the housing market is as hot as one expects for a city that offers so much. As popularity rises, so does the uptick in home prices. Consequently, home value appreciation regularly outpaces affordability and income growth.
When comparing the cost of living in Denver, which is nearly 28% higher than the national average, a good practice is to compare other large cities for reference. For instance, when comparing New York (NYC), which is nearly 75% higher than the national average, and Seattle is 58% higher than most American cities, Denver is much more affordable. Where Denver outperforms its competing cities is with year-round adventure. Setting up on a 1-hour drive to the Rocky Mountains lands adventurers in a winter wonderland, enjoying those 300 days of sunshine hiking trails, cycling, and allowing the charming greenspaces of Denver to ignite new passions, providing access to various recreational activities.
If the suburbs of Denver appeal to you, neighboring cities like Aurora have much lower housing costs and crime rates. Regarding air quality, bustling metro areas often bring more pollutants, making life in the burbs ideal for affordable, quiet, clean living.
Ready to Move to Denver?
In a place where exploration and adventure await, the only consideration is where to keep your gear. Since recreational opportunities pivot around the ever-changing seasons, this outdoor paradise hosts a sport for everyone. With Denver’s overall uptick in popularity, real estate moves fast, and homebuyers jump on property without hesitation.
When comparing its competition, there is a singular takeaway: convenience. Undoubtedly, living abundantly within a gorgeous and plentiful city is convenient. Coupling that, The Mile High City is a hub for scenic and vocationally thrilling explorations. From start to finish, Denver’s educational opportunities dominate. As for location, it’s hard to beat.
Are you ready to spend glorious days filled with interactive recreational activities combined with urban sophistication? Why not get the ball rolling and buy into the American dream by connecting with a lender who can finance your next real estate adventure? Now is the best time to improve your quality of life and finance a new home in Colorado. Taking the plunge and purchasing a new property in Denver is only a click or a phone call away.
The Steps are Simple:
Schedule a Call: An experienced loan officer can discuss your needs and guide you through the possibilities.
Get Approved: We’ll help you through the application process and facilitate the steps for approval.
Exhale: Put your feet up and feel secure knowing you made the best decisions about your home loan.
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