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Based on an analysis of U.S. Census Bureau data from 2017 to 2021, several Colorado cities experienced significant population growth, driven by factors like thriving local economies and access to outdoor recreation. This article examines the ten fastest-growing cities with populations over 50,000, providing key housing market data and local insights to inform your relocation decisions.
Colorado's growth is largely attributed to a strong job market, particularly in technology and aerospace, coupled with an unparalleled quality of life centered around outdoor activities. The state's major metropolitan areas, especially the Front Range Urban Corridor, continue to attract new residents. Understanding these migration trends is crucial for assessing a city's long-term viability and real estate market health.
The following data, sourced from the U.S. Census Bureau and real estate data centers, provides a snapshot of each city's growth and current housing market as of 2022. The median sale price is a key metric representing the middle point of all home sales in a given period, indicating the market's price point.
| City | Population Growth (2017-2021) | 2021 Population | Median Sale Price | Avg. 2-Bed Rent |
|---|---|---|---|---|
| Castle Rock | 23% | 76,400 | $645,000 | $2,452 |
| Commerce City | 15% | 64,300 | $522,134 | $2,175 |
| Parker | 11% | 60,300 | $670,000 | $2,499 |
| Broomfield | 10% | 75,300 | $660,000 | $2,274 |
| Grand Junction | 8% | 67,000 | $417,650 | $1,200 |
| Longmont | 6% | 100,800 | $565,000 | $2,213 |
| Aurora | 6% | 389,350 | $475,700 | $2,071 |
| Thornton | 4% | 142,650 | $540,000 | $1,904 |
| Colorado Springs | 4.04% | 484,000 | $456,000 | $1,530 |
| Arvada | 3.77% | 123,450 | $636,700 | $1,550 |
1. Castle Rock This city leads with a 23% population increase, offering a small-town feel near Denver. Residents enjoy outdoor spaces like Rhyolite Regional Park and a growing downtown dining scene.
2. Commerce City A northern Denver suburb, Commerce City grew by 15%. It provides access to major retail centers like Denver Premium Outlets and community parks such as Pioneer Park.
3. Parker With an 11% growth rate, Parker blends suburban living with a unique Western-Victorian downtown. Key attractions include the Parker Arts, Culture & Events Center and Challenger Regional Park.
4. Broomfield Broomfield saw a 10% increase, noted for its scenic views and balanced economy. The city offers diverse recreational options, from Anthem Community Park to a variety of local restaurants.
5. Grand Junction As the largest city on Colorado's Western Slope, Grand Junction grew by 8%. It is home to Colorado Mesa University and provides a more affordable housing market compared to the Front Range.
6. Longmont Experiencing 6% growth, Longmont is prized for its proximity to Boulder and strong school systems. The city features a revitalized downtown and numerous parks like Roosevelt Park.
7. Aurora Colorado's third-largest city, Aurora grew by 6%. It serves as a major cultural hub with venues like The Aurora Fox Arts Center and easy access to the Rocky Mountains.
8. Thornton This city saw a 4% population increase, benefiting from its location near Denver International Airport. Highlights include Carpenter Park and a diverse array of dining options.
9. Colorado Springs The state's second-largest city grew by 4.04%, renowned for landmarks like Garden of the Gods. Its economy is bolstered by military installations and a robust tourism sector.
10. Arvada Rounding out the list with 3.77% growth, Arvada offers a historic downtown and strong community feel. The Arvada Center for the Arts and Humanities is a major cultural draw.
Rapid growth can signal a desirable location, but it also brings considerations. A rising population can strain infrastructure and increase competition for housing, potentially driving up costs. When evaluating these cities, prospective buyers should research:
Before making a move, it is highly recommended to get pre-qualified for a mortgage to understand your budget. Based on our experience assessment, connecting with a local real estate agent who specializes in your target city can provide invaluable, hyperlocal market insight.
