Cant Afford A Denver Home Here Are Colorados 10 Most Affordable Cities

Dated: 03/09/2016

Views: 577

According to a new report from The Denver Business Journal these are the most affordable cities to live in Colorado.

The Colorado-based financial services and analytics website looked at a number of factors to determine the 10 most affordable places to buy a home in Colordo. They include:

  • Closing costs.

  • Annual property tax.

  • Annual homeowner’s insurance.

  • Average annual mortgage payment.

  • Median income of residents.

10. Fort Morgan. Closing Costs: $2,786. Annual Property Tax: $852. Annual Homeowner’s Insurance: $681. Avg. Annual Mortgage Payment: $6,278. Median Income: $42,733.

9. Johnstown. Closing Costs: $3,951. Annual Property Tax: $1,458. Annual Homeowner’s Insurance: $1,169. Avg. Annual Mortgage Payment: $10,742. Median Income: $72,653.

8. Fort Lupton. Closing Costs: $3,064. Annual Property Tax: $996. Annual Homeowner’s Insurance: $798. Avg. Annual Mortgage Payment: $7,342. Median Income: $50,774.

7. Firestone. Closing Costs: $4,241. Annual Property Tax: $1,606. Annual Homeowner’s Insurance: $1,288. Avg. Annual Mortgage Payment: $11,856. Median Income: $81,987.

6. La Junta. Closing Costs: $2,428. Annual Property Tax: $510. Annual Homeowner’s Insurance: $484. Avg. Annual Mortgage Payment: $4,447. Median Income: $31,733.

5. Wellington. Closing Costs: $3,646. Annual Property Tax: $1,314. Annual Homeowner’s Insurance: $1,044. Avg. Annual Mortgage Payment: $9,690. Median Income: $68,831.

4. Frederick. Closing Costs: $3,947. Annual Property Tax: $1,456. Annual Homeowner’s Insurance: $1,168. Avg. Annual Mortgage Payment: $10,738. Median Income: $79,375.

3. Lamar. Closing Costs: $2,427. Annual Property Tax: $505. Annual Homeowner’s Insurance: $438. Avg. Annual Mortgage Payment: $4,015. Median Income: $30,551.

2. Sterling. Closing Costs: $2,428. Annual Property Tax: $643.. Annual Homeowner’s Insurance: $523. Avg. Annual Mortgage Payment: $4,851. Median Income: $36,571.

1. Milliken. Closing Costs: $3,326. Annual Property Tax: $1,134. Annual Homeowner’s Insurance: $909. Avg. Annual Mortgage Payment: $8,373. Median Income: $68,228.



Denver Colorado Real Estate Professional
 -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!

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Generation Property Group

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....

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