Real Estate in Denver
Things to do
Looking for real estate in the Mile High City? Here's what you need to know.
Denver is the capital of Colorado. At the 2020 census, the city had a population of 715,525, making it the most populated city in Colorado and the 19th most populated city in the country. Denver is highly developed with numerous sky crappers. The high population and prosperous local economy have significantly raised the stakes for real estate in Denver, Colorado.
History of Denver
History of Denver
Denver's history dates back thousands of years. It is one of the oldest cities in the country, having been inhabited as early as the 1600s. In 1863, Denver experienced a devastating fire outbreak that burned most of the structures. A year later, floods swept away several buildings, leaving the city on the verge of distinction. Before that, there were uprisings by Arapaho and Cheyenne Native Americans on the plains surrounding the city, resulting in their forceful eviction from Colorado. In 1867, Denver became Colorado's territorial capital. After the construction of the transcontinental railroad through Wyoming, Denver residents responded by constructing their own railway, which was completed in 1870. The railway connected Denver to the Union Pacific, a major trading partner. Shortly after the railway was completed, the Kansas Pacific Railroad reached Denver. The completion of the railroad resulted in a major economic boom, increasing the population from 4,762 in 1871 to 108,783 in 1890. There was also a major increase in real estate for sale in Denver, Colorado. Apart from the railway, military activities and defense constructions related to World War II contributed to the expansion of Denver's economy. However, most of these activities ended in the 1990s. In the 1970s, Denver experienced a surge in oil production due to increased market demand. There was also the construction of office buildings in Denver, filling it with several sky crappers. A crash in oil prices in the 1980s significantly affected Denver's economy, with some people moving out of the city. However, Denver bounced back almost immediately with a spike in tourism, bringing back prosperity in the 1990s. Denver has remained a major city in the U.S. to date.
Things to do in Denver
Things to do in Denver
Being the capital city of Colorado, Denver is one of the most exciting cities to explore. Surrounded by the beautiful Rocky Mountains, the city is an ideal destination for those looking for exquisite outdoor adventures. Home to beautiful parks, world-class museums, several major sports teams, and arguably the best live music venue in the U.S., there is a lot to do and see in Denver.
One of the best places to visit in the city is the Colorado State Capitol. It is one of the oldest buildings in the area, having been built in the 1890s. It is also home to the Governor's office and the Colorado General Assembly. Its design and structure resemble that of the U.S. Capitol in Washington DC. The building was made from white granite and uniquely topped with a golden dome to symbolize the Colorado Gold Rush. When you visit the building, you will be standing exactly one mile above sea level!
Located a few meters away from the State Capitol is the mind-blowing Denver Art Museum. You will be amazed by the design of this building, even before you start exploring the unique art collection. The museum's North Building was designed by Gio Ponti, the Italian modernist architect. It somewhat resembles a castle, making it even more attractive. The museum contains a rich history of Native American art, with a collection of over 70,000 pieces.
Red Rocks is a must-see when touring Denver. It is an outdoor amphitheater and city park that provides the perfect space to enjoy live music, bike, and hike. Red Rocks has regularly topped the list of the best concert venues in the United States and beyond. The amphitheater is stunningly beautiful and offers great acoustics.
Denver is found between the Rocky Mountains and the center of the Front Range Urban Corridor. The High Plains border it to the east. The city's topography is mainly plains around the city center, with hilly spots to the west, north, and south. According to the 2020 Census, the county and city of Denver sit on a total area of 99,026 acres. Water takes up about 1,058 of the land. Denver is surrounded by three counties in Colorado: Arapahoe County to the east and south, Adams County to the east and north, and Jefferson County to the west. These neighboring counties contribute to Denver's economic development.
As of the 2020 United States Census, Denver had a population of 715,725. It also had 301,502 households. The city's population density was 3,925.8 residents per square mile, with the airport included. Denver had 338,345 house units, with an average density of 1,755 per square mile.
Out of the 205,905 households in Denver, 23.5% had children under 18 years living there. 34.8% of the households were married couples living together, and 10.9% had female householders with no husbands present. 50.2% of the households in Denver were non-families. Individuals made up 39.8% of all households in the city, with 9.4% of them having someone aged above 65 years. The city's average family size was 3.14, while the household size was 2.28.
The median family income was $48,198, with the median household income standing at $45,439. Males in Denver had a median income of $36,235, with females having a median income of $33,765. According to the 2020 Census, Denver's per capita income was $24,105. 8.2% of families in Denver and 11.2% of the city's population were living below the poverty line. Out of this number, 25.6% were aged below 18 years, while 13.8% of them were above 65 years.
Denver's economy is one of the best-performing economies in the country. According to statistics, the Denver Metropolitan Statistical Area had a gross product of $201.6 billion, making it the 12th largest metropolitan economy in the U.S. The city's economy is partly anchored on its strategic position and linkage to most of the county's main transportation systems. Denver is also home to some of the biggest corporations in the United States. This has made the city a crucial trading point in the country. The presence of numerous companies has significantly increased employment opportunities, with Denver's Job Creation Index score among the best countrywide.
Arts in Denver
Arts in Denver
Denver has a lot to offer when it comes to arts and entertainment. It is home to a wide range of art museums and galleries. You will find many nationally recognized art museums in Denver, including the historic Denver Art Museum. The facility showcases some of the best art collections, with some of them done by renowned architect Daniel Libeskind. The city is also home to the second-largest performing arts center in the region, offering access to a wide range of bustling neighborhoods.
Here, you will explore world-class restaurants, art galleries, bars, and social clubs. This facility is the reason why Denver was recognized as the best city for art exhibitions in 2006. Neighborhoods in Denver have an influx of diverse cultures, making it an ideal place to live. The numerous art and entertainment facilities have contributed to the increase of real estate for sale in Denver, Colorado.
Schools in Denver
Schools in Denver
Denver Public Schools (DPS) is the city's public school system. It is responsible for about 93,000 students in 34 middle schools, 92 elementary schools, 19 charter schools, 18 high schools, and 44 K-8 schools. The first four high schools in Denver are made up of directional high schools, North, East, West, and South High Schools. The city is also home to several universities and colleges that range in age and study programs. The three major public institutions in Denver are the University of Colorado Denver, the Community College of Denver, and the Metropolitan State University of Denver. There are also vocational training institutions within the city, offering another alternative to higher learning. The presence of several learning institutions has increased the stakes for real estate in Denver, Colorado.
Denver is one of the best places to live in Colorado and the U.S. in general. The ever-increasing population and a thriving local economy make it a wise idea to invest in real estate in Denver, Colorado. It is highly beneficial to settle in Denver, including access to historical landmarks and a wide range of social amenities. If you are looking to raise a family, Denver is an ideal city to do so. The presence of numerous companies in the city also makes it ideal for those looking for job opportunities. Most of the neighborhoods are peaceful, with locals living in perfect cohesion.
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