Englewood Real Estate Market Overview
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Location and Weather
Englewood is 6.6 miles directly south of Denver, and is a part of the Denver Metropolitan area. It is situated on the high plains on the eastern edge of the Rocky Mountains, in central Colorado. Minutes from the art and entertainment venues of Denver, Englewood has the third highest concentration of millennials in Colorado. With the nearby Rocky Mountains, Englewood has impressive options of outdoor recreation, full year-round of active residents.
Englewood summers are very warm, while the winters are cold, wet and dry. Summer temperatures are in the 80’s, with lows in the 60’s. Winter temperatures are in the 40’s, with lows in the 20’s.
Population, Job Market and Cost of Living
The Englewood population in 2019 was 34,690, with a growth rate of .65%. The job growth has increased by 2.75% over the last year and in ten years, is predicted to have increased by 47.81%. The major industries are in retail trade, health care, social assistance and construction. The largest companies to work for are Teletech Holdings, Ourate Retail and CH2M Hill Companies. The cost of living is high, due to the Englewood real estate market and cost of available housing.
With a beautiful, historic downtown full of restaurants and boutiques, it’s close proximity to Denver, and a growing job market within a variety of industries, Englewood will continue to attract millennials who want to live and work close to a big city.