What is the Best Neighborhoods USA ranking for Cherry Creek?
Cherry Creek is ranked #12 of 75 eligible neighborhoods in Denver; #163 of 486 eligible neighborhoods in CO; and #4,165 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Cherry Creek
Denver, CO | Denver County
Scored premium profile
Best Neighborhoods USA Index
59.6
Stability and Strength
66.6
Value Opportunity
48.5
Momentum
63.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Denver, CO |
| County | Denver County |
| National rank | #4,165 of 14,967 |
| State rank | #163 of 486 |
| City rank | #12 of 75 |
| County rank | #12 of 76 |
| National percentile | 72.2 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,558,339 |
| Year-over-year home value change | 1.3% |
| Month-over-month home value change | 0.37% |
| Home value to income ratio | 10.73 |
| Median household income | $145,242 |
| Bachelor's degree or higher | 75.1% |
| Civilian unemployment rate | 3.8% |
| Homeownership rate | 44.7% |
| Housing vacancy rate | 14.7% |
| Rent burden 30% or higher | 40.0% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Cherry Creek
Is Cherry Creek one of the best neighborhoods in Denver?
Cherry Creek has a Best Neighborhoods USA Index of 59.6 and a city ranking of #12 of 75 eligible neighborhoods in Denver.
How much are homes worth in Cherry Creek?
The current Zillow Home Value Index for Cherry Creek is approximately $1,558,339.
Are home values rising or falling in Cherry Creek?
Zillow neighborhood values changed 1.3% year over year and 0.37% month over month.
What is the Neighborhood Momentum Score for Cherry Creek?
Cherry Creek has a Neighborhood Momentum Score of 63.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Cherry Creek?
The NDS-derived neighborhood median household income is approximately $145,242.
How affordable is Cherry Creek relative to household income?
The current Zillow home-value-to-household-income ratio is 10.73. Price-to-income affordability is a major Value Opportunity input.
Is Cherry Creek primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 44.7%.
What is the unemployment rate in Cherry Creek?
The NDS-derived civilian unemployment rate is approximately 3.8%.
How educated are residents of Cherry Creek?
Approximately 75.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Cherry Creek face high rent burden?
Approximately 40.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Cherry Creek?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications233
Estimated originations150
Home-purchase applications107
Origination rate64.4%
Home-purchase share45.8%
Average application loan$732,793
Total application loan amount$170,772,010
National application rank#1,691 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.2% YoY; originations 24.5% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.