City Profile
Centennial, Colorado
USA · Comprehensive city data and intelligence
Centennial, Colorado, known as "A City with Spirit," is a vibrant suburban community located in the Denver metropolitan area. Incorporated in 2001, it is a relatively young city that has quickly grown into a desirable place to live, work, and raise a family. The city spans nearly 30 square miles and is home to over 108,000 residents and more than 5,000 businesses. Centennial offers a blend of suburban tranquility with convenient access to urban amenities, making it an attractive option for both families and professionals. The city is consistently recognized for its superb quality of life, safety, great neighborhoods, and abundant recreational opportunities.
Colorado is characterized by its diverse geography, ranging from the Rocky Mountains to the Eastern Plains, offering a lifestyle that blends natural beauty with community charm and extensive outdoor recreation opportunities. The state's economy is robust and diversified, with major industries including aerospace, bioscience, technology, energy and natural resources, financial services, and a strong tourism sector. Living in Colorado is generally more expensive than the national average, with housing costs being a primary driver. The climate is diverse, featuring four distinct seasons with abundant sunshine, though it can experience rapid weather shifts, including hot summers, cold winters, and occasional extreme weather events like flash floods and strong winds.
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Cost of Living
The cost of living in Centennial is generally higher than the national average. The average rent for an apartment in Centennial is around $2,063 per month as of July 2026, with one-bedroom apartments averaging $1,827 and two-bedroom apartments averaging $2,330. This is roughly equal to or slightly higher than the national average rent. Housing costs are a significant factor, with the median property value in Centennial being $658,100 in 2024, which is nearly twice the national average. While rental prices have seen some fluctuations, with a 2.17% increase in average rent over the past year, the overall cost of living is driven by the strong housing market and desirable location within the Denver metropolitan area.
Income
Salary Insights
Centennial boasts a strong local economy and a robust job market. The city was recognized by U.S. News & World Report in 2026-2027 for its strong local job market. In 2024, the employed population in Centennial was 57,884, showing a slight growth from the previous year. The average annual household income in Centennial was $167,169 in 2024, with a median household income of $131,928. This indicates a prosperous economic environment for its residents. The city's dedication to economic opportunity and thoughtful development contributes to its thriving business scene.
The average salary in Centennial is $167,169 per year.
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Mobility
Transport
Most residents in Centennial primarily rely on driving alone to work, reflecting a suburban pattern. The average commute time for Centennial residents is approximately 25.9 minutes, which is slightly shorter than the national average. The city's transportation network includes access to major highways like I-25 and E-470, as well as major arterial roads. Public transportation options are available through RTD's Southeast light-rail corridor, with stations at Dry Creek and Arapahoe at Village Center, providing connections to the Denver Tech Center and downtown Denver. While car dependency is medium, the presence of light rail offers alternatives for commuters.
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