Business

October 22, 2018

Top Places to Invest in Colorado

Colorado is a state in the Rocky Mountain region of the US with an altitude of more than 10,000 feet and 222 protected wildlife areas. The state is best known for craft brewing and has a number of microbreweries, far more than any other state in the USA. It is very interesting to know that Colorado’s Pikes Peak inspired the song, “America the Beautiful.”

Are you thinking of investing in Colorado real estate? Are you wondering how you can make the right investment? Colorado has a good many places to invest in.

You will love the fresh, breezy air, great cities, scenic beauty and prosperous business and entrepreneurial environment that Colorado offers. It has enticed many to locate their humble abode in the state. So what are the best places to invest in? With many Colorado ranches on the market, it can be difficult to find the right one for you.

1.Denver

Denver is the state capital of Colorado , begun as a gold rush town in the 1800’s. Ever since then, it has not disappointed its residents. The city has a total population of 682,000 and boasts an average income of $72,000.

According to US News agencies, Denver has been ranked as the best city to live in not only in the state of Colorado but in the entire United States. Often called the Mile-High City, Denver stands at 5280 feet above sea level.

The city receives a nice amount of sunlight per year, statistics supporting the number of 300 days of sunshine per annum.

2.Boulder

This city is home to the University of Colorado, well known for its live, American Bison mascot, “Ralphie,” often observed at UCB football games. Boulder, often touted as the ‘Gateway to the Rocky Mountains,’ is a great place to reside. The city is surrounded by America’ s most popular mountain ranges.

It’s also a home for 104,000 citizens with an average income of $57,000. Attributed to the University of Colorado and the educational atmosphere of the city, Boulder is a very vibrant, dynamic, and diverse youthful community with about 31% of its residents in the 18 to 24 age range.

Boulder has a wide range of restaurants and shops and is famous for its art galleries, music festivals and the annual Colorado Shakespeare Festival.

3.Louisville

Louisville is adjacent to the city of Boulder. It is a small city with a population of 19,000 and is a very safe and solid outpost. The city boasts a very low-crime rate, low rate of unemployment, and is located only 18 miles from Denver, easily reachable by Denver professionals.

It is a wonderful, family-oriented town and is particularly known for being one of the best walking cities in the US. The city has an exceptional average income of $94,000, and offers great school systems and a very low cost of living compared to nearby Denver.

4.Colorado Springs

Colorado Springs is the second largest city in Colorado. It has an Alpine desert climate and about 300 days of sunshine at the very least. The city has a population of 674,000 people and a median income of about $54,000.

The best part about Colorado Springs is the number of parks it contains. There are about 156 state, city, and county parks, spread throughout the area. The US Air Force Academy and the US Olympic Training Center are both situated in Colorado Springs.

5.Castle Rock

This city is well-decorated with low crime rate statistics and high employment percentages. It has a total population of 54,000 and a sky-high average income of $93,000. Castle Rock is situated at the foothills of the Rocky Mountains. The city was founded during the Gold Rush in 1874.

Castle Rock has a fine-dining culture and vibrant arts center, along with being a shopping mecca for shopaholics. The city boasts Promenade, a massive 166-acre community development center with a wide range of restaurants, retail stores, and parks sprawling all over it.

Colorado offers more investment opportunities than you would think. Which of these places are you contemplating putting your money into? Let us know in the comments below.