Outsourced HR and Payroll Services in Centennial, CO

Payroll services in Centennial, CO

When you employ your local Payroll Vault in Centennial, CO, you access a dedicated team to ensure you are compliant, and gain access to our suite of services that guarantee you are supported with cutting-edge technology solutions to make your payroll processing simple and secure. Our commitment to help businesses succeed, combined with our unparalleled customer service, allows us to successfully customize and highly personalize your services.

Facts about Centennial, CO

Centennial is a home rule municipality located in Arapahoe County, Colorado, and is part of the Denver-Aurora-Lakewood Metropolitan Statistical Area. Incorporated in 2001, it is one of the newest cities in Colorado. As of July 2024, Centennial has a population of approximately 110,208, making it the 11th most populous city in the state. The city was named to commemorate Colorado's admission to the Union in 1876, the centennial year of the United States Declaration of Independence. Centennial is known for its commitment to maintaining a high quality of life, with an emphasis on parks, open spaces, and recreational trails.

Geography

Centennial spans an area of about 28.9 square miles, with 0.15 square miles of water. Located just south of Denver, the city sits at an elevation of approximately 5,400 feet and experiences a semi-arid climate with warm summers and mild winters. It is divided by Interstate 25, with most of its business and entertainment centers lying to the west of the highway. The city is known for its open spaces, hills, ravines, and recreational trails, such as the High Line Canal Trail, making it a reflection of Colorado's Front Range ecosystem.

Demographics

As of 2024, Centennial has a population of 110,208. The city has a median household income of $134,759, with an average household income of $185,710, reflecting the area's affluence. Approximately 74.6% of homes are owner-occupied, with a median home value of $651,507. The population is diverse, with 75.07% identifying as White, 9.61% Hispanic or Latino, 6.27% Asian, and 3.27% Black or African American. The city boasts a high educational attainment rate, with 60.3% of residents holding a bachelor's degree or higher. The area is primarily served by the Cherry Creek Public Schools and Littleton Public Schools, offering high-quality educational opportunities.