Pros and Cons of Living in Denver, Colorado: Discover if Denver, Colorado, Is a Good Place to Live

Best Things About Living in Denver, Colorado

Living in Denver comes with a list of unbeatable perks. Let’s look at the top reasons why Denver is an extraordinary place to live:

• Outdoor paradise: With 300 days of annual sunshine, Denver extends a daily invitation to explore the great outdoors. Whether you're passionate about hiking, skiing, biking, or just relaxing in nature’s beauty, Denver's proximity to the Rocky Mountains makes it a playground for every type of adventurer. The ample outdoor activities are a big part of Denver’s allure. 

• Job market: If career growth is on your checklist, Denver's booming job market won't disappoint. The city’s job opportunities are consistently expanding, especially in the tech, healthcare, and energy sectors. With a lower-than-average unemployment rate, according to Forbes in October 2023, your professional journey has the potential to flourish here.

• Family-friendly atmosphere: Denver's welcoming and friendly environment is a valuable asset to both households and individuals alike. Several U.S. News & World Report top-rated schools, abundant attractions, and a tight-knit community all create an ideal setting for families and individuals who wants to build positive memories.

• Cultural diversity: Denver's population is as diverse as its stunning landscape. This diversity results in an exciting culinary scene, vibrant arts districts, and a year-round calendar of fun cultural events.

• Denver real estate market: If you're considering buying real estate in Denver, you're in luck. According to Redfin in October, 2023, the city's real estate market is on the upswing, with home prices down almost 4% and competitive interest rates available. Empty nesters needing to downsize, newlyweds starting a new life, and young professionals climbing the ladder all find Denver's housing market offers a variety of options for prospective homeowners, especially in new construction.

Worst Things About Living in Denver, Colorado

While living in Denver offers plenty of advantages, knowing the drawbacks is important, too. Here's what potential homeowners should keep in mind:

• Altitude adjustment: When it comes to the pros and cons of living in Denver, Denver's elevation, approximately 5,280 feet above sea level, may take some time to get used to. Altitude sickness symptoms like headaches and shortness of breath are possible for newcomers, especially when drinking alcohol. Staying well-hydrated and allowing your body to acclimate can be helpful for a smoother transition.

• Housing insecurity: Like many metropolitan areas, Denver faces challenges related to housing insecurity. In July 2023, Denver Mayor Mike Johnston declared an emergency around homelessness, and the city is taking steps to address housing insecurity in Denver, according to CPR News and Denverite.com.

• Cost of living: Denver's popularity comes at a price. The cost of living, especially housing and rent, is steadily rising, according to the U.S. Bureau of Labor Statistics in September, 2023. As always, careful financial planning is essential.

• Traffic congestion: Like many big cities, Denver’s growing popularity has increased traffic congestion, particularly during rush hours. While the city is expanding its public transportation system, commuting is a typical city-related challenge you might expect.

Denver, CO, Facts and Figures

From its nickname, the "Mile-High City," to its historical ties to the gold rush era, Denver facts have a unique story to tell.

Population of Denver and Surrounding Area

According to Macrotrends.net in 2023, Denver's population hit a whopping 2,931,000. That's a 1.17% increase from the previous year. More and more people are flocking to Denver, drawn by its appeal as a dynamic city with incredible opportunities.

Fun Facts About Denver, Colorado

As a city rich in history and culture, here are some interesting facts about Denver that add to its unique character:

• Mile High City: Denver earned the nickname "Mile High City" due to its elevation of exactly one mile, or 5,280 feet, above sea level. You can even visit the 13th step of the State Capitol Building, precisely 5,280 feet above sea level, and see the markers denoting the city's elevation.

• Gold Rush history: Denver's origins tie closely to the Pikes Peak Gold Rush of 1858, according to the Colorado Encyclopedia website. Although the gold rush didn't last long, the prospect of striking it rich fueled the city’s establishment.

• Craft beer capital: Denver has a thriving craft beer scene and is home to the Great American Beer Festival, one of the largest beer events in the world. With over 150 breweries in the city and surrounding metro areas, it's a beer lover's paradise, and Denver boasts a legacy of brewing that dates back to the 19th century.

• Red Rocks Amphitheatre: Located just outside Denver is the Red Rocks Amphitheatre, one of the world's most iconic outdoor concert venues. It's renowned for its stunning natural acoustics and has hosted performances by legendary artists, making it a must-visit location for music enthusiasts.

• Celestial observatory: Denver is home to the Chamberlin Observatory, built in 1894. This historic observatory offers public viewings of celestial wonders through its impressive telescopes. It's a unique opportunity to explore the cosmos within the city limits.

New Construction in Denver, Colorado

If you’re considering a move to Denver, the city has no shortage of beautiful new construction communities just waiting for you to explore. No matter what kind of lifestyle you seek, be it city vibes, peaceful suburbs, or breathtaking mountain views, Denver has it all. Check out some of these exceptional communities: