About this Area
Town Center Terrace in Aurora, Colorado, is a vibrant and dynamic neighborhood that has evolved into a hub of activity and convenience since its development in the late 1980s. Situated just steps away from the bustling Aurora Town Center, this neighborhood embodies the essence of urban living with a suburban twist, offering residents unparalleled access to shopping, dining, and entertainment right at their doorstep. The name Town Center Terrace reflects its prime location adjacent to the town center, making it a prime choice for those who prioritize walkability and urban amenities without sacrificing the comforts of a residential neighborhood. Over the years, Town Center Terrace has become a melting pot of cultures, with a diverse population that contributes to its lively and inclusive atmosphere. The neighborhood’s proximity to the Anschutz Medical Campus and the University of Colorado Anschutz Campus has also attracted a mix of young professionals, students, and healthcare workers, creating a youthful and energetic vibe.
Town Center Terrace features a mix of architectural styles, including modern townhomes, condominiums, and select single-family homes, all designed to maximize space and convenience in a compact yet stylish layout. The median home value in Town Center Terrace is approximately $386,500, making it an attractive option for first-time buyers, investors, and professionals seeking a low-maintenance lifestyle. Many properties in this neighborhood boast contemporary finishes, such as quartz countertops, stainless steel appliances, and open-concept living areas, while others offer the charm of brick exteriors and cozy patios. The neighborhood’s townhomes and condos are particularly popular among young professionals and downsizing retirees who appreciate the walkability and proximity to urban amenities. With a variety of housing options and a strong rental market, Town Center Terrace appeals to a broad spectrum of buyers and renters.
Residents of Town Center Terrace enjoy the ultimate in convenience, with the Aurora Town Center just a short walk or drive away, offering over 100 stores, including major retailers like Macy’s, Dick’s Sporting Goods, and a variety of boutique shops and restaurants. The neighborhood is also within close proximity to the Anschutz Medical Campus, providing easy access to healthcare professionals and employment opportunities in the medical field. For outdoor enthusiasts, the nearby Sand Creek Regional Greenway offers miles of scenic trails for walking, biking, and jogging, while the Aurora Reservoir provides opportunities for fishing, boating, and picnicking. The neighborhood is served by the Aurora Public Schools district, with several highly rated schools nearby, as well as easy access to higher education at the University of Colorado Anschutz Campus. Additionally, Town Center Terrace is just a 20-minute drive from downtown Denver, making it an ideal location for those who work in the city but prefer a more affordable and community-oriented lifestyle.
Town Center Terrace is a thriving neighborhood in Aurora, Colorado, offering residents a unique blend of urban convenience, affordability, and community spirit, with a median household income of $72,561. The neighborhood’s prime location provides a commute time of just 20-25 minutes to downtown Denver, making it an ideal choice for professionals who work in the city but seek a more affordable and community-focused lifestyle. Town Center Terrace’s walkability, top-rated schools, and proximity to major amenities make it a top pick for young professionals, families, and anyone seeking a vibrant yet relaxed living experience. With a stable real estate market and a median home value of $386,500, investing in Town Center Terrace is a smart choice for those looking to enjoy the best of both urban and suburban living. Whether you’re drawn to its modern townhomes, diverse community, or unparalleled convenience, Town Center Terrace delivers a rewarding and fulfilling lifestyle in the heart of Aurora.
Homendo Valuation Index
Demographics
| Statistic | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Population | 39,277 | 390,201 | 655,709 | 5,810,774 | 332,387,540 |
| Median Age | 41.4 | 35.1 | 37.3 | 37.5 | 38.7 |
| People per Household | 2.05 | 2.71 | 2.56 | 2.45 | 2.54 |
| Median Household Income | $72,561 | $84,320 | $97,215 | $92,470 | $78,538 |
| Avg Income per Capita | $45,246 | $40,424 | $51,942 | $50,489 | $43,289 |
Real Estate Market
| Metric | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Median Sale Price | $386,500 | $444,500 | $526,000 | $502,200 | $303,400 |
| Median Age of Home | 44 | 40 | 40 | 38 | 45 |
| Homes Owned | 56.9% | 60.3% | 62.2% | 60.6% | 58.2% |
| Homes Rented | 38.3% | 35.0% | 33.3% | 30.8% | 31.3% |
| Homes Vacant | 4.8% | 4.7% | 4.5% | 8.6% | 10.4% |
Quality of Life
| Index | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Cost of Living Index | 111.0 | 111.0 | 111.0 | 111.0 | 100.0 |
| Commute Time (min) | 26.9 | 28.9 | 27.3 | 25.5 | 26.6 |
| Work from Home | 16.9% | 14.8% | 18.6% | 18.8% | 13.5% |
Climate
| Metric | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Jan Avg Low (°F) | 18.0 | 18.0 | 18.0 | 18.0 | 18.0 |
| July Avg High (°F) | 90.9 | 90.9 | 90.9 | 90.9 | 90.9 |
| Annual Precip (in) | 17.6 | 17.6 | 17.6 | 17.6 | 17.6 |
Safety & Crime
Violent Crimes (per 100k)
| Type | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Assault | 350.5 | 350.5 | 350.5 | 350.5 | 350.5 |
| Murder | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 |
| Robbery | 63.0 | 63.0 | 63.0 | 63.0 | 63.0 |
Property Crimes (per 100k)
| Type | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Burglary | 348.0 | 348.0 | 348.0 | 348.0 | 348.0 |
| Theft | 1754.2 | 1754.2 | 1754.2 | 1754.2 | 1754.2 |
Neighborhood Insights
AI-Ready Analysis for Town Center TerraceDemographically, the area attracts a diverse age group (Median Age: 41.4), creating a unique community atmosphere. With a median household income of $72,561, residents enjoy a quality of life that supports local commerce and community maintenance.
According to Homendo Network, the area's inventory turnover (Vacancy Rate: 4.8%) suggests a competitive market where quality homes tend to sell quickly.
Compared to the broader Aurora region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
