How Much House Can I Afford on a 210k Income in Colorado?
With a 210k income, you're right on target for purchasing a home in Colorado. Financial advisors recommend spending about 3 to 4 times your annual income on a home, which translates to a budget between $630,000 and $840,000.
In Denver, the median home price is approximately $800,000, fitting neatly within your target range. This balance ensures a wide variety of quality homes are available to you.
Additionally, other cities like Colorado Springs and Aurora offer appealing options at around $500,000. With a property tax rate of 0.57%—amounting to roughly $4,560 per year—and a cost of living above the national average, your income comfortably supports homeownership across the state.