Median incomes tell you something about how many people in a city can afford a home.
According to HSH.com (a trusted mortgage resource), Denver is wedged between Portland and Seattle as the 18th most affordable city out of 25, requiring an annual salary of $48,122 to afford a median-priced home here. Meaning, Denver is the most expensive inland city when it comes to buying a house.
Though on the lower end of affordability, metro Denver’s real estate market continues to boom. Not only is the market moving quickly, but there’s an increasing inflow of new listings.
Because of all that Colorado offers, the outdoor, entrepreneurial, creative, active lifestyle, people move here and want to stay. In fact, people living in Colorado expressed less desire than most to move to another state, landing them in the top 10 for states where people settle, according to a recently released Gallup poll.
We believe in Colorado, we write about Colorado – this is our home. We want to make it the best it can be and highlight the best it has to offer, for which we are sincerely grateful. Visit the Alaris Gratitude Corner for more about why we are grateful. Visit the Alaris Gratitude Corner for more about why we are grateful for life in this fair city.