A town located in Colorado, Wheat Ridge has a population of approximately 31,000. It's a nice place to settle down, as retirees account for a greater percentage of the population (20%) here than they do nationally (14%), while young adults figure less prominently in the demographics. Overall, the city's residents, with an average age of just under 43, are older than most cities in Colorado. Homeowners hold a slight majority over renters in Wheat Ridge by a slim 54%-46% margin. With a relatively low average rent of $1,081 per month in the city, renting remains an affordable option, particularly compared to other cities in Colorado. Over the course of a year, renters in Wheat Ridge will save around $1,300 compared to the state average.
Wheat Ridge has an average commute time of about 26 minutes. Driving is the most common means of commuting to work, opted for by 45% of residents, while public transportation is not used widely. Walking isn't a common means of commuting to work.
Wheat Ridge has a relatively large percentage of residents older than 25 who have advanced degrees compared to the national average (7%), as 8% have earned a Master's degree or a Doctoral degree. Furthermore, 17% have a Bachelor's degree, which also outpaces the national average. If you're looking for diverse career options, Wheat Ridge has a surplus. The four most common industries are retail, healthcare, entertainment, and scientific. Combined, these industries make up 26% of the city's labor force. Meanwhile, looking at job function, many residents work in sales, as 9% of the city's population reports this as their field of work, the highest number of any profession. Wheat Ridge workers earn an average annual income of almost $69K, less than the state average. The city's average income also falls below the national average ($73,345).