Affordability evidence
Commerce City, CO home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Commerce City, CO.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
In Commerce City, CO, the 2024 ACS reports a median owner-occupied home value of $499,700, median household income of $111,972, and median selected monthly owner costs of $2,553 for owners with a mortgage. For the decision at hand, together, those three reference points can help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $2,553 measure combines recurring ownership expenses rather than real estate taxes alone. In practical terms, a useful affordability review starts with $499,700, $111,972, and $2,553, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Commerce City, CO's $499,700 median home-value estimate is below the statewide $539,400 estimate, with a reported city-to-state gap of 7.4%. For the decision at hand, that 7.4% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Commerce City, CO.