A study of community satisfaction in two eastern Colorado towns found that residents' perceptions of their communities were significantly related to demographic and residential/migrational characteristics. Questionnaires were sent to 450 telephone subscribers, selected randomly from the 1977 directories for both communities; 49% were completed and returned. The demographic and residential characteristics obtained were age, education of head-of-household, income, length of residence in the community, place of birth, and residence in or beyond the city limits. Twelve statements, with which the respondents agreed or disagreed, tapped community satisfaction, i.e., sense of community and perceptions of community change, leadership, and services. Statistically significant relationships were determined with Chi-Square and Cramer's V or Phi. Recent in-migrants, people of lower socio-economic status, and out-of-town residents perceived fewer problems with all phases of their community than did longer term residents, people of higher socio-economic status, and in-town residents. Of the three demographic factors, only education was related to perceptions of community leadership and unrelated to perceptions of community services; as education increased, satisfaction with community decreased. (JH)