Lone Tree CO: Every Day’s a Great Day

Have you accepted a job to work in Denver but don't want to live in the heart of a big city? Lone Tree, a small suburb to the south of Denver, could be just the place for you. Learn more about this small city. Then, begin browsing homes for sale in Lone Tree CO.

Lone Tree offers many modern amenities to residents who want to balance small town living with urban liveliness. With a booming local economy, this city is a great place to look for work. The zip code for this area is 80124.

Lone Tree CO Demographics

• Population: The population in Lone Tree is close to 14,000. The area has grown steadily since 2000, having seen a population boom of 172% in the past 15 years. The city is very small geographically, totaling only 1.7 square miles. This means the population density is about 7,800 people per square mile.
• Age and family status: The median age here is 38 years old and about two-thirds of adults are married. About 25% of adults here have never been married and around 10% are divorced.
• Race: 85% of residents here are Caucasian, 12% are Asian, 6% are Hispanic, and 0.7% are African American.
• Education: There is one public and one private school within the city boundaries. Lone Tree boasts an impressive high school graduation rate of 97%. Almost two-thirds of the adults living here have a bachelor's degree while more than 26% have a master's degree, professional degree or doctorate. With such a highly educated population, you're correct to assume that Lone Tree is considered a very affluent community.
• Income and employment: The median household income here is $100,000, which is close to twice as high as the natural average. The unemployment rate is also impressively low, at just 3.4% compared to 5.5% for the rest of Colorado and 6% for the country as a whole. The key industries in Lone Tree include aerospace, energy services, financial services, healthcare, retail and telecomm.

Lone Tree CO Housing Market

In the fourth quarter of 2015, Lone Tree home sale prices averaged $570,000, a year-over-year increase of $40,000, or 7.5%. This comes to $222 per square foot. Home sale numbers have been on an upward trend since 2012 as the community continues to grow. 62% of residents own their homes and the 38% of people who rent pay an average monthly rent of $1,500.

Lone Tree CO Culture

The city's motto is, "It's a great day to be in Lone Tree," which encompasses the way community members feel about their city. Residents enjoy arts, culture and recreational activities just outside their door. Art expos, tradeshows, a public art program, free symphony concerts, and other events and programs make Lone Tree a great place to soak up a little culture.

It's great to have so many events available close to home, but Lone Tree's close proximity to the heart of Downtown Denver opens up a number of possibilities for evening and weekend fun. In less than 30 minutes in light traffic, you can reach the Denver Zoo, 16^th Street Mall, Six Flags Elitch Gardens, the Denver Art Museum and concerts playing at the Pepsi Center. Living this close to the action while still enjoying small city life could be the perfect balance you're looking for.

The action of a big city is great, but just 30 minutes to the west lay the Rocky Mountains. Take the chance to enjoy a different side of Colorado by camping, skiing and hiking in the mountains.

Lone Tree CO Quality of Life

For a city with such close borders, there are a surprising number of restaurants, shopping centers, theaters and opportunities for entertainment, such as a golf course, indoor skydiving, rec center and tennis club. These increase the quality of life for residents here.

Commute times are fairly low thanks to the community's close proximity to Denver and the many jobs there. More than half of people can drive to work in 20 minutes or less.

If you like hot, dry summers and cold, snowy winters, you'll enjoy the weather in Lone Tree. The highs in the summer often reach into the 90s, but cool nights bring the average July temperature down to just 73 degrees. The average winter temperature is 29 degrees and snow is common from October through April.

The cost of living in Lone Tree is quite high, especially when it comes to housing costs. Homes are more expensive here than in other areas of Colorado, but this is largely because the luxury homes here demand a higher price. A combination of beautiful residences, well-maintained public areas and close proximity to Denver means most residents agree: the higher cost of living in Lone Tree is worth it.

Lone Tree CO is Best Known for Outdoor Living

Colorado boasts such a beautiful climate that many people living here love enjoying the great outdoors. With a dozen parks and even more open spaces dotting the community, it's easy to get out and enjoy some fresh air with the kids or the dog. Trails are great for jogging, biking or taking a leisurely stroll with the family.

Lone Tree is located in the perfect spot to give you the best of small town living near the heart of a big city. It's close enough to Denver that you can enjoy the entertainment found there, but far enough away that you can escape the hustle and bustle of a big city. Now that you know a little more about Lone Tree, it's clear that it could certainly be the right community to settle down and raise a family.