Cherry Hills Village is small in terms of the number of square miles it encompasses (6.5) and its number of permanent residents (approximately 6,000), but it is one of the wealthiest cities in the country.

The city is a mix of residential single family homes in typical neighborhood settings, and large homes that sit on large parcels of land, that gives Cherry Hills Village a rural community feel. Many of the homes in Cherry Hills Village are zoned for horses, many have unmatched mountain views, and quite a few back to open space or a walking trail.

Cherry Hills Village is also the home to the world renowned Cherry Hills Country Club and Golf Course.

Cherry Hills Village Economy

The homes in Cherry Hills Village are on the expensive side. The median house value within the city limits is currently over $900,000. The median income for the households in Cherry Hills Village is almost $200,000 and almost 40 percent of the residents have a graduate or professional degree (close to 100 percent have high school diplomas, and almost 76 percent have bachelor’s degrees) making this community one of the most educated in the country.

Because of the affluence in the city, the economic stability of Cherry Hills Village is strong. There are shops, restaurants and grocery stores in the vicinity, but the city relies partially on donations from residents and others to keep amenities at high standards.

Because of the beauty of the community and the overall size of the homes and the land they sit on, real estate of any type in Cherry Hills Village is expensive. The community and the city’s government make it a very desirable place to live and they work hard to keep the community on the smaller side. The government also strives to keep residents happy in terms of open communication and working on beneficial community projects.