Outsourced HR and Payroll Services in Cherry Hills Village, CO
Payroll services in Cherry Hills Village, CO
When you employ your local Payroll Vault in Cherry Hills Village, 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 Cherry Hills Village, CO
Cherry Hills Village is a home rule municipality located in Arapahoe County, Colorado. Incorporated in 1945, it is known for its affluent community, luxury homes, and proximity to Denver. As of 2024, the population of Cherry Hills Village is approximately 6,377 residents. The city covers a total area of about 6.2 square miles, including 0.07 square miles of water. Cherry Hills Village is part of the Denver-Aurora-Lakewood Metropolitan Statistical Area and features a blend of residential areas, open spaces, and upscale amenities.
Geography
The city is situated at a latitude of 39.6417° N and a longitude of -104.9594° W, with an elevation of 5,466 feet. Cherry Hills Village is known for its expansive properties, parks, and natural landscapes. The city has a low population density, offering a quiet and scenic environment. It lies within the Mountain time zone and has a climate characterized by warm summers and mild winters, typical of the Colorado Front Range region.
Demographics
As of 2024, Cherry Hills Village has a median household income of over $200,001, with an average household income of $349,018, reflecting its status as one of the wealthiest cities in Colorado. The median home value is approximately $1,881,222, and the area has a high rate of homeownership, with 89.9% of housing units being owner-occupied. The city has a diverse population, with the majority identifying as White (96.06%), along with smaller percentages of African American, Asian, and Hispanic or Latino residents. Cherry Hills Village boasts a high educational attainment rate, with 97.8% of residents holding at least a high school diploma and 75.2% having a bachelor's degree or higher.
