Colorado, renowned for its breathtaking landscapes and vibrant cities, is also home to some of the wealthiest communities in the United States. Each year, new data highlights which towns stand out for their affluence, drawing attention to where prosperity is most concentrated.
In 2025, updated census and financial reports have once again revealed the richest town in Colorado, solidifying its reputation as the state’s premier enclave of wealth.
Cherry Hills Village: Colorado’s Wealth Epicenter
Cherry Hills Village, located in Arapahoe County just south of Denver, has been officially recognized as the richest town in Colorado for 2025.
According to the latest census data, Cherry Hills Village boasts an average household income of $503,255 as of 2023, with a population of 6,273 residents. This figure far surpasses the average incomes of other affluent Colorado communities, cementing Cherry Hills Village’s status at the top of the state’s wealth rankings.
Key Statistics (2023 Data)
- Average Household Income: $503,255
- Median Household Income: $250,001
- Population: 6,273
- Percentage of Households Earning Over $200,000: 60.1%
These numbers reflect a community where prosperity is the norm, and luxury real estate, high-end amenities, and exclusive neighborhoods are standard.
What Sets Cherry Hills Village Apart?
Cherry Hills Village is synonymous with exclusivity and luxury. The town is known for its sprawling estates, private country clubs, and a high concentration of celebrities, professional athletes, and business executives. The median home price in Cherry Hills Village exceeds $2 million, and the area is regularly ranked among the top 50 richest neighborhoods in the United States.
Residents enjoy a peaceful, suburban lifestyle with easy access to Denver’s urban amenities. The town’s commitment to maintaining large residential lots and green spaces further enhances its appeal to high-net-worth individuals seeking privacy and tranquility.
How Does Cherry Hills Village Compare to Other Wealthy Colorado Towns?
While Cherry Hills Village leads the pack, other Colorado towns also rank highly for affluence:
| Rank | Town | County | Average Income | Median Income | Population |
|---|---|---|---|---|---|
| 1 | Cherry Hills Village | Arapahoe | $503,255 | $250,001 | 6,273 |
| 2 | Franktown | Douglas | $389,942 | – | 405 |
| 3 | Columbine Valley | Arapahoe | $386,070 | $250,001 | 1,677 |
| 4 | Altona | Boulder | $378,012 | $250,001 | 532 |
| 5 | Crisman | Boulder | $366,856 | $168,750 | 253 |
Other notable communities, such as Aspen in Pitkin County, are famous for their luxury real estate and celebrity residents, but Cherry Hills Village consistently tops the list for household income.
Wealth Beyond Income: Real Estate and Lifestyle
The affluence of Cherry Hills Village is not limited to income statistics. The area is characterized by multi-million-dollar homes, private schools, and a lifestyle that attracts Colorado’s elite. The town’s real estate market is among the most exclusive in the state, with properties often featuring expansive grounds, custom architecture, and high-end amenities.
Conclusion
In 2025, Cherry Hills Village remains the undisputed richest town in Colorado, distinguished by its exceptionally high household incomes, luxurious real estate, and exclusive community atmosphere.
With an average household income surpassing $500,000 and a reputation for attracting the state’s most successful residents, Cherry Hills Village stands as a symbol of Colorado’s enduring prosperity and appeal to the affluent. As the state continues to grow, Cherry Hills Village is likely to maintain its position at the pinnacle of Colorado’s wealth.
Source:
[1] https://www.colorado-demographics.com/richest_cities
[2] https://www.forbes.com/sites/andrewdepietro/2023/10/23/the-50-richest-cities-in-colorado-per-the-latest-census-data/
[3] https://www.iheart.com/content/2024-10-21-colorado-locale-named-the-richest-town-in-the-entire-state/
[4] https://finance.yahoo.com/news/wealthiest-places-colorado-one-second-120039514.html
[5] https://999thepoint.com/two-colorado-neighborhoods-rank-on-richest-in-the-usa-list/
[6] https://www.savoryandpartners.com/blog/wealthiest-cities-america
[7] https://en.wikipedia.org/wiki/List_of_Colorado_counties_by_per_capita_income
[8] https://www.usnews.com/news/best-states/slideshows/10-wealthiest-states-in-america