Mortgage Loans in Aurora, CO

History of Aurora, CO

Before European settlement, the land that now makes up Aurora was the territory of the Arapaho, Cheyenne, Núu-agha-tʉvʉ-pʉ̱ (Ute), and Očeti Šakówiŋ (Sioux) tribes. Aurora originated in the 1880s as the town of Fletcher, taking its name from Denver businessman Donald Fletcher who saw it as a real estate opportunity. He and his partners staked out four square miles (10 km²) east of Denver, but the town – and Colorado – struggled mightily after the Silver Crash of 1893. At that point Fletcher skipped town, leaving the community with a huge water debt. Inhabitants decided to rename the town Aurora in 1907, after one of the subdivisions composing the town, and Aurora slowly began to grow in Denver’s shadow becoming the fastest-growing city in the United States during the late 1970s and early 1980s. Aurora, composed of hundreds of subdivisions, thus carries the name of one of the original development plats from which it sprang.

Aurora’s growing population in recent decades has led to efforts for co-equal recognition with its larger neighbor. Former mayor Dennis Champine once expressed the somewhat whimsical notion that eventually the area would be called the “Aurora/Denver Metropolitan Area”. Indeed, since the 2000 Census Aurora has surpassed Denver in land area, and much of Aurora is undeveloped, while Denver is more fully built-out. However, such efforts are somewhat hampered by the lack of a large, historically important central business district in the city. Aurora is largely suburban in character, as evidenced by the city’s modest number of multi-story buildings.

A large military presence has existed in Aurora since the early 20th century. In 1918, Army General Hospital #21 (later renamed Fitzsimons Army Hospital) opened, with the U.S. government expanding and upgrading the hospital facilities in 1941 just in time to care for the wounded servicemen of World War II. Lowry Air Force Base was opened in 1938, straddling the border of Aurora and Denver. It eventually closed in 1994, and has been redeveloped into a master-planned community featuring residential, commercial, business and educational facilities. In 1942, the Army Air Corps built Buckley Field, which has been renamed Naval Air Station, Buckley Air National Guard Base, Buckley Air Force Base, and finally Buckley Space Force Base. The base, home of the Buckley Garrison and the 140th Wing Colorado Air National Guard, is Aurora’s largest employer.

Source: https://en.wikipedia.org/wiki/Aurora,_Colorado

Demographics of Aurora, CO

As of the 2010 census, there were 325,078 people, 121,191 households, and 73,036 families residing in the city. The population density was 1,939.6 inhabitants per square mile (748.9/km²). There were 131,040 housing units at an average density of 766.7 per square mile (296.0/km²). The racial makeup of the city was 61.1% White, 15.7% African American, 4.9% Asian (1.1% Korean, 0.8% Vietnamese, 0.5% Filipino, 0.5% Chinese, 0.5% Indian, 0.2% Japanese, 0.1% Thai, 0.1% Cambodian, 0.1% Burmese, 0.1% Nepalese, 0.1% Pakistani, 0.1% Indonesian), 1.0% Native American, 0.3% Pacific Islander, 11.6% from other races, and 5.2% from two or more races. Hispanic or Latino of any race were 28.7% of the population; 21.9% of Aurora’s population is of Mexican heritage, 1.0% Salvadoran, 0.7% Puerto Rican, 0.4% Guatemalan, 0.3% Honduran, 0.3% Peruvian, 0.2% Cuban, 0.2% Colombian and 0.1% Nicaraguan. Non-Hispanic Whites were 47.3% of the population in 2010, compared to 85.1% in 1980.

Aurora is a center of Colorado’s refugee population. There are about 30,000 Ethiopians and Eritreans living in the Denver–Aurora area. There is also a sizable population of Nepalese refugees.

There were 121,191 households, out of which 35.5% had children under the age of 18 living with them, 46.9% were married couples living together, 13.1% had a female householder with no husband present, and 34.8% were non-families. 27.4% of all households were made up of individuals, and 5.7% had someone living alone who was 65 years of age or older. The average household size was 2.6 and the average family size was 3.2.

In the city, the population was spread out, with 27.3% under the age of 18, 6.8% from 18 to 24, 37.6% from 25 to 44, 16.8% from 45 to 64, and 8.9% who were 65 years of age or older. The median age was 32 years. For every 100 females, there were 100.5 males. For every 100 females age 18 and over, there were 95.8 males.

The median income for a household in the city was $46,507, and the median income for a family was $52,551. Males had a median income of $35,963 versus $30,080 for females. The per capita income for the city was $21,095. About 6.8% of families and 8.9% of the population were below the poverty line, including 12.0% of those under age 18 and 6.1% of those age 65 or over.

Source: https://en.wikipedia.org/wiki/Aurora,_Colorado