Boulder, CO
Boulder County ยท Pop. 105,673
Ranked #222 of 243 cities
18Crisis
Median Home Price
๐$780K
1.5% YoY
Median Rent
๐$2,100
1.0% YoY
Median Income
๐ฐ$72K
Rent Burden
๐35.5%
% of income to rent
Income to Buy
๐ฆ$224K
annual income needed
Income to Rent
๐$84K
annual income needed
Price-to-Income
โ๏ธ10.8x
Homeownership
๐ก42.0%
Rent vs. Buy
Buy
$4,151/mo
Est. mortgage (7%, 20% down)
Need $224K/yr income
Rent
$2,100/mo
Median rent
Need $84K/yr income
How Boulder Compares
| Metric | Boulder | Colorado | National |
|---|---|---|---|
| Home Price | $780K | $550K | $410K |
| Rent | $2,100 | $1,771 | $1,500 |
| Income | $72K | $93K | $75K |
| Rent Burden | 35.5% | 33.8% | 30.0% |
Key Takeaways
- โข Home prices in Boulder are 90% higher than the national average.
- โข Rent is 40% higher than the national average.
- โข You need an income of $224K to comfortably buy a home here.
- โข The homeownership rate is 42.0%, compared to 65.0% nationally.