Denver, CO — income, home value, property tax, and sales tax.
In ZIP code 80701, near Denver, homes carry a median value of $347,600 while households earn a median of $70,302, or $29,926 per person. The county's 0.52% effective property tax rate works out to roughly $1,808 annually on a median-valued home, which is a fairly light share of that household income. That gap between what homes cost and what people bring in shapes daily life here, and the 2.90% combined sales tax adds a bit more to routine purchases. Buyers weighing a move to this area should consider both the sticker price of a house and the ongoing tax costs tied to it.
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