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What is success? Is it the amount of money you have in your bank account, at any given point? Is it that feeling you get after delivering a killer presentation, or even a pretty decent bar joke?
Or is it something bigger–something wholly unnamable, undefinable, immeasurable, and totally subjective?
But here at Zippia, we like things that we can neatly measure and then expound upon. So yes, with the Power of Math, we have determined the unarguable, totally objective 10 most successful cities in Colorado. And here they are:
If you are trying to argue already with our unarguable list, keep reading. There’s a method to this madness.
The first thing that comes to most capitalist minds in terms of success is–money. After all, rich people must be successful, right?
Meh. Maybe. But we think there’s a bit more that goes into it than that. So we looked at this set of criteria from the 2010-2014 American Community Survey:
Median household income is the most digestible way to understand how wealthy a place really is. The unemployment rate tries to capture the prospects for more people to become rich. And finally, if more people are employed, the brighter (and more successful) that place’s future looks.
After we collected the data for all 79 places with more than 5,000 people in Colorado, we ranked each place from 1 to 79 for each of the criteria, with 1 being the most successful.
We then averaged all the rankings for a place into a “Success Score” with the place having the lowest overall Success Score crowned the “Most Successful City in Colorado.”
So without further ado, let’s get into just what made each of our top 10 cities so successful, starting with our winner, Cherry Hills Village.
Population: 6,234Median Income: $215,299
Poverty Level: 2.1%
Unemployment Rate: 3.7%
Population: 19,305Median Income: $108,857
Poverty Level: 2.2%
Unemployment Rate: 3.8%
Population 2014: 10,626 Median Income: $137,426
Poverty Level: 1.8%
Unemployment Rate: 4.9%
Population: 14,546Median Income: $109,180
Poverty Level: 4.4%
Unemployment Rate: 3.6%
Population: 12,716Median Income: $116,250
Poverty Level: 5.1%
Unemployment Rate: 4.1%
Population: 6,511Median Income: $81,571
Poverty Level: 2.7%
Unemployment Rate: 3.9%
Population: 6,634Median Income: $73,658
Poverty Level: 3.0%
Unemployment Rate: 2.1%
Population: 47,515Median Income: $98,170
Poverty Level: 3.5%
Unemployment Rate: 5.0%
Population: 19,865Median Income: $82,724
Poverty Level: 4.6%
Unemployment Rate: 4.4%
Population: 12,328Median Income: $110,694
Poverty Level: 6.9%
Unemployment Rate: 4.8%
If you’re still looking at this post thinking, “Surely, such superficial methods can’t possibly measure a city, or rather, the individuals that make up that city’s success!” well, you’re probably right.
But we like to measure things, and when it comes to success, we feel pretty successful in our approach. Congrats to Cherry Hills Village and our winners. And for those who didn’t make the cut, well, better luck next year.
|1||Cherry Hills Village||$215,299|
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