Denver, CO — income, home value, property tax, and sales tax.
In ZIP code 80045, near Denver, median household income stands at $49,500 while per-capita income reaches $47,393. The county-level effective property tax rate of 0.61% means a home's assessed value drives the annual bill directly; a higher-priced house raises taxes even though the rate itself stays constant. With earnings at these levels, the share of income going toward property taxes depends heavily on what a home costs. Sales tax in this area combines to 2.90%, adding another ongoing cost that competes with housing expenses in a household's overall spending.
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