Denver, CO — income, home value, property tax, and sales tax.
In ZIP code 80229, near Denver, homes carry a median value of $417,500 while the county-level effective property tax rate sits at 0.61%. Households here earn a median of $84,203, with per-capita income at $34,100. That tax rate translates into roughly $2,547 annually on a median-valued home — a figure that consumes about 3% of median household income. Combined with a 2.90% sales tax, the overall tax picture stays tempered by Colorado's low assessment ratios. Buyers weighing a purchase in this area will find that income levels and home prices move together in a way that keeps ownership within reach.
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