Westminster, CO
Adams County · Pop. 115,421
Ranked #163 of 243 cities
34Crisis
Median Home Price
🏠$450K
3.0% YoY
Median Rent
🔑$1,650
2.0% YoY
Median Income
💰$72K
Rent Burden
📊30.0%
% of income to rent
Income to Buy
🏦$129K
annual income needed
Income to Rent
📝$66K
annual income needed
Price-to-Income
⚖️6.3x
Homeownership
🏡58.0%
Rent vs. Buy
Buy
$2,395/mo
Est. mortgage (7%, 20% down)
Need $129K/yr income
Rent
$1,650/mo
Median rent
Need $66K/yr income
How Westminster Compares
| Metric | Westminster | Colorado | National |
|---|---|---|---|
| Home Price | $450K | $550K | $410K |
| Rent | $1,650 | $1,771 | $1,500 |
| Income | $72K | $93K | $75K |
| Rent Burden | 30.0% | 33.8% | 30.0% |
Key Takeaways
- • Home prices in Westminster are 10% higher than the national average.
- • Rent is 10% higher than the national average.
- • You need an income of $129K to comfortably buy a home here.
- • The homeownership rate is 58.0%, compared to 65.0% nationally.