Affordable suburbs of denver? (2023)

What is the safest suburb in Denver?

This year, the least violent neighborhoods have been Indian Creek, Wellshire, Washington Park West, Country Club and Washington Park. Each of these neighborhoods has recorded fewer than five violent crimes in 2022.

Grand Junction

Located near the western Colorado border is Grand Junction, which has a population of around 63,000 people. Grand Junction is considered one of the safest cities to live in Colorado, beating out Denver and Pueblo (although it doesn't beat Colorado Springs!).

Like many Colorado towns, Dacono was a coal mining town in the early 20th century and has become a commuter town in recent years. Similar to Boulder, but on a smaller and more affordable scale, this is a beautiful mountain town.

To live in Denver, a single resident should expect to spend an average of $3,427 per month. This means that to live in Denver comfortably, residents have a median income of $5,709 per month after taxes.

Both City Park West and City Park East are some of the best neighborhoods to live in Denver if you have a dog, or need to live in the city but like to spend a lot of time outside. You'll be just steps away from two of Denver's largest parks: Cheesman Park and City Park.

Exploring Cherry Hills Village: The Suburban Home Of Denver's Wealthy.

In 2022, 50,743 properties closed, down 20.84 percent from 2021. The rise in interest rates and decline in buyer demand had an effect on home prices. December's median sale price for detached homes was $600,000, a 2.44 percent decrease from November and a 0.01 percent decrease from December 2021.

Denver Dangerous Neighborhoods

City Park. Capitol Hill in some places at night. Central-West. North Denver.

Cherry Creek is one of the safest neighborhoods in Denver. North Park Hill and Washington Park West are other neighborhoods in Denver with lower crime rates.

While tech jobs or higher-paying positions can support the going rent rates, many families are forced to live further outside of the city where rents and housing costs are lower. The cost of housing within the city of Denver currently sits at more than 30% above the national average.

What is a livable wage in Colorado?

The Least Expensive Place to Live in Colorado: Fountain

Located just south of Colorado Springs, Fountain offers the most affordable cost of living in Colorado.

The cost of living in Denver, CO is -12.7% lower than in Boulder, CO. You would have to earn a salary of $52,367 to maintain your current standard of living. Employers in Denver, CO typically pay -0.9% less than employers in Boulder, CO.

The cost of living in Colorado Springs, CO is -21.8% lower than in Boulder, CO.

Are there cheap places to live in the mountains of Colorado? The mountain communities of Fruita, Trinidad, and Cañon City all have affordable housing options that are well below average in the state.

There is good news for people who want to move to Denver: $60,000 per year is considered a reasonable income. According to the 2022 Census, the median household income for Denver was $78,177.

The middle-class income range in Denver is $54,415 to $163,260.

If you make $70,000 a year living in the region of Colorado, USA, you will be taxed $16,526. That means that your net pay will be $53,474 per year, or $4,456 per month.

The cheapest place to live in Colorado is Lamar. Located in the state's southeast corner, this city is a well-known center for commercial farming, ranching, and agriculture. With only 8,000 residents, Lamar is best for those who prefer a small-town atmosphere and abundant outdoor experiences.

Housing is considered affordable when no more than 30 percent of a person or family's income covers the rent or mortgage.

What areas in Colorado is affordable?

According to data from HowMuch.net, in order to comfortably afford to live in Colorado, you have to earn over $100,200 annually. This works out to earning about $8,350 per month.

While the overall cost of living index in Colorado is over 30% higher than the national average, it's still almost 40% cheaper than in California.

The state offers a high quality of life and plenty of job opportunities for newcomers. It has consistently been named one of the best states to live in with some pretty great places to live. The state's population has reached an all-time high of about 5.8 million residents.

Denver, CO is One of the Most Overpriced Housing Markets in America. Demand for housing has risen sharply in 2021, and that has affected prices.

Housing shortage by state

Altogether, these four states are short 1.8 million housing units. Being home to the biggest share of the state's people, the Denver metro's housing shortage ranks among the nation's highest housing shortages as well.

Colorado is an incredibly diverse state and you can find both expensive and affordable regions. The median cost of living in Colorado is $46,600 per year.