A medium-size city in Colorado, Centennial has just over 108,000 residents. With an average age of just under 40, the city's population is a bit older compared to other cities in Colorado, which has an average age of 37. Renters tend to be in the minority in the area, and 82% of residents own their homes. Relatively high rent costs could play a role, as the average rent of $1,554 per month is substantially higher than the state average of $1,191.
Centennial residents have a wide range of industries from which to choose. The four most common are retail, scientific, healthcare, and education. Together, these industries account for 25% of the workforce in the city. Meanwhile, looking at job function, many of the city's workers are in management, making it the top field in the city. Centennial workers earn an average annual income of nearly $110,000, more than the average Colorado resident. Centennial's average income also compares favorably to the national average of $73,345. Centennial has a high number of residents older than 25 who have advanced degrees compared to the national average (7%), as 13% have earned a Master's degree or a Doctorate. Further, 25% have earned a Bachelor's degree, which also outpaces the national average.
Centennial residents have an average commute of about 28 minutes. Many residents (44%) commute to work by car or truck, while public transportation is not used widely. Few workers commute on foot.