Mortgage Loans in Wheat Ridge, CO

History of Wheat Ridge, CO

Although Wheat Ridge is a relatively young incorporated city, it has a history based on agriculture and the community’s location along regional travel routes. It grew from a popular rest stop for travelers during the Gold Rush of the late 1850s to an agricultural and suburban community known as the “Carnation City” in the mid-1900s. As the residential areas of unincorporated Jefferson County grew to provide housing to the Denver workforce during the 1950s, the major transportation corridors extending from Denver developed with commercial services. During that era, the formation of numerous utility and fire protection districts provided these unincorporated areas with urban services. Eventually, due to the increasing annexation pressure from nearby municipalities, Wheat Ridge was incorporated in 1969.

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

Demographics of Wheat Ridge, CO

As of the 2010 census, there were 30,166 people, 13,976 households, and 7,489 families residing in the city. The population density was 3,243.7 people per square mile (1,251.7/km²). There were 14,868 housing units at an average density of 1,598.7 per square mile (616.9/km²). The racial makeup of the city was 85.6% White, 1.6% Asian, 1.2% African American, 1.2% American Indian, 0.1% Pacific Islander, 6.9% from other races, and 3.4% from two or more races. Hispanics and Latinos of any race were 20.9% of the population.

There were 13,976 households, out of which 23.1% had children under the age of 18 living with them, 36.5% were married couples living together, 5.4% had a male householder with no wife present, 11.6% had a female householder with no husband present, and 46.4% were non-families. 38.4% of all households were made up of individuals, and 14.7% had someone living alone who was 65 years of age or older. The average household size was 2.12, and the average family size was 2.81.

The distribution of the population by age was 18.7% under the age of 18, 7.3% from 18 to 24, 25.7% from 25 to 44, 29.7% from 45 to 64, and 18.6% who were 65 years of age or older. The median age was 43.7 years. The gender makeup of the city was 48.6% male and 51.4% female.

The median income for a household in the city was $47,014, and the median income for a family was $59,275. Males had a median income of $45,655 versus $36,741 for females. The city’s per capita income was $28,372. About 8.7% of families and 10.9% of the population were below the poverty line, including 16.7% of those under age 18 and 6.3% of those age 65 or over.

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