Centennial, CO Local Data & Statistics

State: CO

Total population: 108,201 Household income: $131,928 Rent: $2,148

Overview

Total population

108,201

Rent

$2,148

Year built

1983

Household income

$131,928

Per capita income

$65,940

Poverty rate

3.3%

Unemployment rate

4.2%

Household size

2.5 persons

Rent over 30% of income

44.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

Colorado

Total population

108,201

Adults over 25

78,012

Total households

42,233

Household size

2.5 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Income & Poverty

Household income

$131,928

Per capita income

$65,940

Poverty rate

3.3%

Unemployment rate

4.2%

Rent over 30% of income

44.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Housing

Rent

$2,148

Year built

1983

Households that rent

19.4%

Households that own

80.6%

Rooms per home (all homes)

7.4

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Race

White

76.9%

Black

2.9%

Asian

6.4%

Two or more races

11.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Ethnicity

Hispanic or Latino

10.3%

Not Hispanic or Latino

89.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Commute

Commute rate

73.1%

Commute time to work

26 mins

Work from home

26.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Education

Less than high school

18.7%

High school graduate or GED

12%

Some college or associate degree

6.8%

Bachelor’s degree or higher

62.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Comparison of Centennial, CO with: Colorado United States

Centennial, CO

Total population108,201

Rent$2,148

Year built1983

Household income$131,928

Per capita income$65,940

Poverty rate3.3%

Unemployment rate4.2%

Colorado State

Total population5,862,189

Rent$1,761

Year built1988

Household income$95,470

Per capita income$52,636

Poverty rate9.4%

Unemployment rate4.3%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	CityCentennial, CO	StateColorado	CountryUnited States
Total population	108,201	5,862,189	334,922,499
Rent	$2,148	$1,761	$1,413
Year built	1983	1988	1980
Household income	$131,928	$95,470	$80,734
Per capita income	$65,940	$52,636	$44,673
Poverty rate	3.3%	9.4%	12.5%
Unemployment rate	4.2%	4.3%	4%

View the complete comparison of Centennial, CO, Colorado and United States →

Summary for Centennial, CO

Centennial is located in Colorado.

Rent & Income

In Centennial, the typical monthly rent is $2,148 and the typical household income is $131,928. Rent here is higher than in both Colorado and the U.S., and household income is also higher than in both. The estimated poverty rate is 3.3%, which is lower than in both Colorado and national.

Housing & Affordability

This area is primarily owner-occupied, with renters accounting for about 19.4% of households. About 44.8% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is very high, with about 62.6% of adults holding a bachelor’s degree or higher. The local unemployment rate is 4.2%, which is similar to both Colorado and the national rate.

Centennial, CO — Rent vs Household Income

Centennial, CO — Poverty vs Unemployment

How Centennial, CO compares in Colorado (19 places)

Metric	This place	Rank	Starts from	Statewide range
Rent	$2,148	19 / 19	from lower rent	$1,082 – $2,148
Household income	$131,928	3 / 19	from higher income	$56,664 – $145,197
Poverty rate	3.3%	1 / 19	from lower poverty	3.3% – 21.5%
Unemployment rate	4.2%	4 / 19	from lower unemployment	3.9% – 6.6%

Rankings are calculated among cities and communities in Colorado with total population > 50,000 (year 2024).

Detailed Ranking Explanation for Centennial, CO

Rent

Centennial ranks 19th out of 19 large places in Colorado for rent. Statewide rents range from $1,082 in Pueblo, CO to $2,148 in Centennial, CO.

Household income

For household income, Centennial ranks 3rd out of 19 large places. Across Colorado, incomes range from $56,664 in Pueblo, CO to $145,197 in Castle Rock, CO.

Poverty rate

In poverty comparisons, Centennial ranks 1st out of 19 large places. Statewide rates vary from 3.3% in Centennial, CO to 21.5% in Boulder, CO.

Unemployment rate

In terms of unemployment, Centennial is ranked 4th out of 19 major areas. Across Colorado, rates go from 3.9% in Fort Collins, CO up to 6.6% in Pueblo, CO.

💰 Rent in Centennial, CO (with Utilities)

Estimated Monthly Rent: $2,148 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in Centennial, CO

Annual Household Income: $131,928

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in Centennial, CO

Estimated Rate: 3.3%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in Centennial, CO

In Centennial, CO, households that rent: 8,203 (19.4%)

📊 What does the renter household percentage reveal about this area?

Household Type	Count	Share
Renter-Occupied	8,203	19.4%
Owner-Occupied	34,030	80.6%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in Centennial, CO

In Centennial, CO, cost-burdened renters (households spending over 30% of income on housing): 3,672 (44.8%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	3,672	44.8%
Other renter households	4,531	55.2%
Total renter households	8,203	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in Centennial, CO

Less than High School: 14,580 people (18.7%)

Includes adults who did not complete high school.

High School Graduate or GED: 9,338 people (12%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 5,280 people (6.8%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 48,814 people (62.6%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 78,012

📊 Unemployment Rate in Centennial, CO

Estimated Rate: 4.2%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.

Similar Population

Dearborn, MI107,846 Tyler, TX107,718 Tuscaloosa, AL107,699 Allen, TX107,684 West Covina, CA107,436 Sparks, NV109,106 South Fulton, GA109,157 Sandy Springs, GA107,198 El Monte, CA107,066 Hillsboro, OR107,050

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.