Families looking to ensure a promising economic future for their children would be wise to live in Centennial, according to SmartAsset, which recently released its rankings of the 10 best cities to raise a family in Colorado. Centennial ranked …
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Families looking to ensure a promising economic future for their children would be wise to live in Centennial, according to SmartAsset, which recently released its rankings of the 10 best cities to raise a family in Colorado. Centennial ranked third.
The number of children who call Centennial home, high school graduate rates, average home costs, crime rate, percent change in home values, median household income, percentage of families living in poverty and average cost of child care were among the criteria examined.
“Recognition for being one of the best places to raise a family fills me with pride,” Mayor Cathy Noon said in a news release. “My husband and I chose what is now Centennial to raise our family, and as a mayor and grandmother, I'm even prouder to have our grandchildren being raised in the city.”
Centennial ranks in the top six for median household income, which is just under $92,000 annually. It boasts a low unemployment rate, and 26 percent of its population is younger than 20. The average home cost is $1,550 per month, but mortgage rates in Colorado are trending down, according to SmartAsset, which will help more people afford homes.
“Centennial is an outstanding community for families and we find many who were raised here chose Centennial for their families as well,” Noon said.
The SmartAsset top 10 Colorado cities for families are, in order, Golden, Louisville, Centennial, Lone Tree, Greenwood Village, Arvada, Salida, Loveland, Littleton and Woodland Park. Go to https://smartasset.com/mortgage/the-best-places-to-raise-a-family-in-colorado.
According to its website, SmartAsset provides software and data to provide simple, easy-to-understand answers to complex financial questions.
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