With a 130k income, homeownership in Colorado might be more challenging, especially in Denver. Financial advisors recommend spending about 3 to 4 times your annual income on a home, setting your budget between $390,000 and $520,000.

However, the median home price in Denver is approximately $800,000, which exceeds your maximum affordability range. This suggests that the major market may be less accessible at your current income level.

That said, more affordable options may be found in other areas such as Colorado Springs and Aurora, where prices average around $500,000. Colorado has a property tax rate of 0.57%, or roughly $4,560 per year on an average home. Considering a cost of living above the national average, you might need to explore alternative locations or financing strategies to meet your homeownership goals.