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?

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