Housing

Did You Know...

  • Housing Costs in Colorado Rank 14th Highest in Nation
  • Average Owner Occupied Cost = $1,355 per month
  • Average Rental Cost = $772 per month
  • Median Value of House in CO = $211,740
  • Housing is defined “affordable” when costs are equal to or less than 30% of income?
  • House price index increased 52% from 1996 – 2001 (compared to 24% income growth)?
  • Median price single family home in Colorado costs $192,121?
  • 31% households are renters; 69% are homeowners?
  • The homeless population has tripled in the past decade?
  • Renter median income went up only 1% (2000 - 2004) while median single family housing prices rose 45%?
  • Demand for affordable housing = 36,500 units?
  • Supply for affordable housing in 2003 = 4,150?
  • There are 105,625 households in Aurora?
  • There are 109,074 total housing units in Aurora?
  • Owner-occupied units = 56,114 in Aurora?
  • Renter-occupied units = 38,002 in Aurora?
  • 8.5% of homes had 30 – 35% of personal income going o homeowner costs?
  • 30% of homes had more than 35% of personal income going to homeowner costs?
  • 38.7% of renters pay more than 30% of personal income on housing?