Is Greenwood Village Safe, Pros and cons of living in Greenwood Village

Greenwood Village, a prominent suburb in Colorado, offers a blend of upscale living and community-focused amenities. Nestled within Arapahoe County, it provides residents with convenient access to the Denver Tech Center and the broader Denver metropolitan area. The city is characterized by its well-maintained neighborhoods, quality schools, and a strong sense of local pride.

This community is known for its attractive residential areas, which cater to a demographic that values a high quality of life. With a focus on providing a comfortable and secure environment, Greenwood Village has established itself as a desirable location for families and professionals alike. Its strategic location and comprehensive local services contribute to its appeal as a place to live and work.

Is it Safe to Live in Greenwood Village?

Greenwood Village presents a complex picture regarding safety, with varying crime statistics depending on the source and the specific type of crime analyzed. While some reports indicate a higher-than-average overall crime rate, others highlight specific areas with lower risks. The chance of becoming a victim of crime in Greenwood Village is a significant consideration for residents and potential movers.

Violent crime rates in Greenwood Village are reported to be higher than the national average in some analyses, with a notable risk of assault (239 incidents per 100,000 residents compared to the national average of 282.7) and rape (86.3 incidents per 100,000 residents compared to the national average of 40.7) (as reported by Niche). However, other sources suggest that the violent crime rate closely mirrors the national average (as reported by AreaVibes). Property crime, including theft and motor vehicle theft, is a more pronounced concern, with rates significantly higher than the national average (as reported by Niche and AreaVibes). One analysis indicates that Greenwood Village has one of the highest rates of motor vehicle theft nationally (as reported by NeighborhoodScout).

Housing Market and Cost of Living

The housing market in Greenwood Village is characterized by high-value properties and a significant cost of living, reflecting its status as an affluent community. Median home prices are among the highest in the region, making it a substantial investment for prospective homeowners. The cost of rentals also aligns with this upscale profile, with luxury apartments commanding premium prices.

The median home value in Greenwood Village is approximately $1,414,364, showing a 1.6% increase over the past year (as reported by Zillow). The median listing home price is around $1,525,000 (as reported by Realtor.com®). For renters, the average rent for an apartment is approximately $2,098, which is a 4.75% decrease from the previous year (as reported by RentCafe). However, other sources indicate a higher average rent of $2,733, which is 36.65% higher than the national average (as reported by Zillow). The cost of living in Greenwood Village is generally higher than the national average, with housing costs being a major contributing factor (as reported by ERI Economic Research Institute).

Job Market and Economy

Greenwood Village boasts a robust job market, driven by a diverse range of industries and a strong presence of major employers, particularly within the Denver Tech Center. The city’s economic landscape is shaped by its strategic location and its appeal to established corporations and innovative businesses alike. Employment growth has been steady, with a significant portion of the workforce engaged in professional and administrative roles.

The most common employment sectors for Greenwood Village residents include Professional, Scientific, & Technical Services, Health Care & Social Assistance, and Finance & Insurance (as reported by Data USA). The average annual salary in Greenwood Village is approximately $74,158, with most salaries ranging between $54,846 and $92,269 (as reported by ZipRecruiter). Major employers in the area include Newmont, a global gold mining company, and American Medical Response, a medical transportation company (as reported by Zippia). Other significant companies with a presence in Greenwood Village include Comcast, Empower Retirement, and IBM (as reported by Denver South and Zippia).

Climate and Weather Patterns

Greenwood Village experiences a climate characterized by distinct seasons, with warm summers and cold, snowy winters. The city’s weather patterns are influenced by its high-altitude location, leading to significant temperature variations throughout the year. Annual precipitation is moderate, with a notable dry season extending through the fall and winter months.

Throughout the year, temperatures in Greenwood Village typically range from 18°F to 89°F (as reported by myPerfectWeather). Summers are warm, with July being the hottest month, averaging a high of 89°F and a low of 59°F. Winters are cold, with December seeing average highs of 46°F and lows of 19°F. The annual precipitation averages around 18 inches, with approximately 51 inches of snowfall (as reported by myPerfectWeather). The wettest month is typically May, while January sees the least rain.

Education and School Ratings

Greenwood Village is served by the highly-regarded Cherry Creek School District No. 5, which consistently ranks among the top districts in Colorado. The district is known for its commitment to academic excellence and provides a wide range of educational opportunities for students from elementary through high school.

Cherry Creek High School is recognized as the top-performing high school in the area, ranking 17th out of 349 Colorado high schools (as reported by SchoolDigger.com). Cherry Creek Charter Academy is highlighted as the top elementary/middle school, ranking 13th out of 950 Colorado elementary schools (as reported by SchoolDigger.com). The district as a whole has a 4-star rating from SchoolDigger and serves a large student population across numerous schools.

Demographics and Population

Greenwood Village is home to a population of approximately 15,420 residents, reflecting a diverse yet relatively stable demographic makeup. The community is characterized by a significant proportion of White residents, with notable Asian and Hispanic populations also contributing to the cultural tapestry. The median age in Greenwood Village is around 46 years, indicating a mature population with a substantial segment of older adults.

White (Non-Hispanic) residents constitute the largest demographic group, making up approximately 12,000 people (as reported by Data USA). Asian residents number around 1,480, and Hispanic residents account for approximately 1,150 individuals (as reported by Data USA). The median age of 46 years suggests a community with established families and a significant retiree population (as reported by Point2Homes). The population is gender-balanced, with slightly more males than females (as reported by Data USA and Point2Homes).