Median Income
$124,617
household / year
Median Home Value
$586,500
owner-occupied
Median Rent
$1,949
gross / month
Cost of Living
106
national avg = 100

Is Centennial, CO a Good Place to Live?

Centennial is a mid-sized city of 107,702 in Colorado, with a median household income of $124,617 and a 3.4% unemployment rate. Its cost of living index is 106 (US average = 100), which is 6% above the national average.

Strengths: Centennial stands out for lower-than-average crime, solid school ratings (A-), a well-educated population.

Trade-offs: Potential downsides include high home prices. Whether Centennial is right for you depends on your priorities — the full breakdown is below.

All Centennial city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 105.5

Centennial's overall cost of living index is 105.5, where 100 represents the US national average. Living in Centennial costs roughly 6% more than the average American city.

Metric Centennial, CO National Avg
Median Home Value $586,500 $244,900
Median Monthly Rent $1,949 $1,163
Homeownership Rate 82.3% 65.9%
Median Household Income $124,617 $74,755

Crime & Safety

Safer than Average

Centennial's violent crime rate is 172.8 per 100,000 residents — 55% lower than the national average of ~380 per 100,000.

Violent Crime
172.8 /100k
Property Crime
1708.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Centennial is served primarily by Cherry Creek School District No. 5 in the county of Arapah. The student-to-teacher ratio is 16.2:1 (slightly above the national average of ~16:1).

Metric Centennial, CO National Avg
School District Cherry Creek School District No. 5 in the county of Arapah —
Elementary Schools 46 —
Middle Schools 11 —
High Schools 9 —
Student/Teacher Ratio 16.2:1 16:1
Bachelor's Degree or Higher 61.3% 35.4%
High School Diploma or Higher 97.4% 91.1%

Weather & Climate

Centennial sees average highs of 44.6°F in January and 87.3°F in July, with 15.0 inches of annual precipitation and 64.0 inches of snow per year.

MetricCentennial, CO
Average High — January44.6°F
Average High — July87.3°F
Annual Precipitation15.0"
Annual Snowfall64.0"

Demographics

MetricCentennial, CONational Avg
Population107,702—
Median Age41.638.9
Unemployment Rate3.4%3.7%
Avg Commute Time26.0 min26 min
White (non-Hispanic)81.5%59.3%
Black or African American2.4%13.6%
Hispanic or Latino5.4%18.9%
Asian6.3%6.3%
Under 1822.5%22.2%
65 and over17.9%16.8%

Nearby Cities

Inverness, CO 1 mi Cherry Creek, CO 1 mi Dove Valley, CO 2 mi Acres Green, CO 3 mi Greenwood Village, CO 3 mi

ZIP Codes in Centennial

Centennial, CO is covered by 4 ZIP codes:

80112 80122 80015 80121

Centennial vs Other Cities

Centennial, CO vs Inverness, CO Centennial, CO vs Cherry Creek, CO Centennial, CO vs Dove Valley, CO Centennial, CO vs Acres Green, CO Centennial, CO vs Greenwood Village, CO

Frequently Asked Questions

Centennial's cost of living index is 106, where 100 is the national average. That puts Centennial roughly 6% above the national average in cost. The median home price is $586,500 and median rent is $1,949/month.
Centennial's violent crime rate is 172.8 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1708.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Centennial are operated by Cherry Creek School District No. 5 in the county of Arapah. The district has 46 elementary, 11 middle, and 9 high schools. The student-to-teacher ratio is 16.2:1. 61.3% of adults 25+ hold a bachelor's degree or higher.
Centennial, CO has a population of 107,702, a median household income of $124,617, and an unemployment rate of 3.4%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Centennial averages 44.6°F in January and 87.3°F in July. Annual rainfall is 15.0 inches with about 64.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Centennial, CO is covered by 4 ZIP codes: 80112, 80122, 80015, 80121.
The population of Centennial, Colorado is 107,702 with a median age of 41.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Centennial: cost of living index 106 (100 = US average), median home $586,500, median household income $124,617, crime index 60 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Centennial side by side with your current city to see the trade-offs.