Lone Tree

City Overview

Lone Tree is one of Colorado’s newest cities. It was first incorporated in 1995 and became an official city in 1998. The city was established, in part, because many people were discouraged about the potential for improper development along Colorado’s Highway 470. So, to ensure beneficial improvement to the area, residents voted to incorporate the city.

Lone Tree sits in Douglas County and has a population of approximately 10,000 residents. The city supports many facilities that residents as well as visitors from other cities can enjoy (some for a fee), including three recreation centers, parks and trails, and an outdoor summer concert series.

Lone Tree Economy

There are not many large corporations based in Lone Tree, but just outside of Lone Tree there are more than 10 large shopping centers/areas – including Park Meadows Mall - and many international corporate headquarters in the Denver Technological Center, which sits to the immediate north of Lone Tree.

The median income for a family in Lone Tree is $109,000, the median income for males is $90,690, the median income for females is $43,125, and the per capita income for Lone Tree residents is $46,287. About 1.2% of families and 1.4% of the population are below the poverty line, including 1.5% of those under age 18 and 3.7% of those age 65 or over.

Lone Tree Real Estate

Residential real estate in Lone Tree is on the expensive side. The average price for a single-family home is in the upper $600,000’s. It is possible to find residences that are priced lower than this, but they are usually condominiums. The highest priced homes in Lone Tree can be as much as several million dollars.

Lone Tree has 21 separate sub-divisions, most of which have HOA’s. Several of the neighborhoods support community swimming pools, tennis courts, and other amenities.

Many of Lone Tree’s residents are business executives who work in the Denver Tech Center. Due to its location, Lone Tree is a popular place to live for individuals and families in the upper economic bracket because it’s close to work and most of the homes in the city are luxurious.