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Garfield County Housing Market

Colorado · 64 counties · Ranked #3026 in home value

Above National Avg

Housing at a Glance

Median Home Value

$490,600

vs national+$490,600 vs $281,900 national

Median Gross Rent

$1,515/mo

vs national+$1,515 vs $1,163 national

Effective Tax Rate

0.43%

vs national0.43% vs 1.02% national

Median Household Income

$86,172

vs national+$86,172 vs $74,755 national

Affordability Ratio

5.7x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,095

Tax as % of Home Value

0.43%

Monthly Owner Cost

$1,647

Renter Income

$64,932

Frequently Asked Questions

What is the median home value in Garfield County?
The median home value in Garfield County is $490,600. This is above the national median of $281,900.
How much is rent in Garfield County?
The median gross rent in Garfield County is $1,515 per month.
What is the property tax rate in Garfield County?
The effective property tax rate in Garfield County is 0.43%. The median annual property tax bill is $2,095.
Is Garfield County affordable?
With a home-value-to-income ratio of 5.7x, Garfield County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.