Aurora, CO

Real Estate and Lifestyle Overview:

Aurora, Colorado represents a blend of suburban and urban living. Its real estate profile is diverse, housing a wide range of architectural styles, from modern single family homes to condo communities[1]. It’s thriving with over 370,000 people enjoying a lifestyle characterized by numerous parks, recreation opportunities, diverse culinary and cultural scenes. Moreover, it is home to a substantial military community, with Buckley AFB as one of its major employers[2]. Residents can also enjoy entertainment options such as the Aurora Fox Arts Center, Southlands, and Cherry Creek State Park.

Real Estate Market:

The median housing price in Aurora is approximately $410,000 as of 2021[3]. The market is extremely competitive, with many homes receiving multiple offers and often selling for around 1% above list price in less than 7 days[4]. Much of the city's appeal comes from affordable housing combined with desirable community features like shopping, restaurants, and parks. 

Educational Landscape:

Aurora Public Schools and Cherry Creek School District serve the area, boasting high graduation rates[5]. APS has over 60 schools with primarily diverse and multicultural backgrounds, focusing on closing achievement gaps[5]. Cherry Creek School District, on the other hand, ranks higher than the state average in quality and has proficiency rates of 66% for reading and 56% for math[6]. Several institutions of higher learning are also in the area including, the University of Colorado Anschutz Medical Campus.

Crime Rate:

The overall crime rate in Aurora is higher than the national average, with 4,434 per 100,000 residents. This is inclusive of both violent crimes and property crimes. However, crime rates vary by neighborhood, with some boasting considerably lower rates[7].

Population Growth:

Population in Aurora has grown by over 15% in the past decade, driven largely by its job market, lifestyle appeal, and suburban appeal[8]. Housing demand continues to intensify as a result.

Employment/Career Opportunities:

Aurora has a diverse job market, with healthcare and social assistance, retail trade, and educational services being the top sectors[9]. Major employers include the Children's Hospital Colorado, University of Colorado Health, and City of Aurora[10].

Entertainment:

Aurora is rich in recreational activities, with over 100 parks, several golf courses, and expansive open spaces. Cultural and entertainment hot spots include the Aurora Cultural Arts District, Aurora History Museum, and Stanley Marketplace. It also hosts several local events and boasts a vibrant nightlife.

Ideal Population and Lifestyle Profile:

Aurora is favorable for young professionals due to its growing job market and nightlife, families due to good schools, and outdoor enthusiasts given the countless parks and outdoor recreational opportunities[11].

In summary, Aurora, CO is characterized by its competitive housing market, diverse cultural identity, and robust recreational opportunities. Its educational landscape is pivotal, and population growth indicates an appeal to families, young professionals, and outdoors enthusiasts. While crime rates are slightly higher, key employment opportunities and a variety of entertainment options make Aurora an enticing place to live.

[1] Trulia.

[2] City of Aurora.

[3] Zillow, 2021.

[4] Redfin, 2021.

[5] Aurora Public Schools, 2021.

[6] GreatSchools.org.

[7] NeighborhoodScout.

[8] U.S. Census Bureau, 2020.

[9] Data USA.

[10] City of Aurora.

[11] Visit Aurora.