What is the median home price in Cortez?

The median home price in Cortez, Cortez city, Colorado is $204,100, which is 28% below the national average of 281,900 ($281,900).

Cortez, Cortez city, Colorado has a violent crime rate of 1.3 per 1,000 residents, which is 64% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 1.0 per 1,000 residents.

What is the median household income in Cortez?

The median household income in Cortez, Cortez city, Colorado is $55,962, which is 25% below the national average of 74,580 ($74,580).

What is the average rent in Cortez?

The median rent in Cortez, Cortez city, Colorado is $2,075 per month. The national average median rent is $1,163/month.

What is the air quality in Cortez?

Cortez, Cortez city, Colorado has an Air Quality Index (AQI) of 45, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Cortez?

The population of Cortez, Cortez city, Colorado is approximately 8,832. The homeownership rate is 82.0% (national average: 65.9%).

What are the climate risks in Cortez?

Cortez, Cortez city, Colorado has an overall climate risk rating of "Relatively Moderate" with a risk score of 75.93. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Cortez affordable?

Cortez, Cortez city, Colorado has an affordability index of 72, which is below the national baseline of 100, indicating less affordable housing. The electricity rate is 14.8¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Cortez?

The unemployment rate in Cortez, Cortez city, Colorado is 7.0%. The national average unemployment rate is 3.7%. The poverty rate is 14.8% (national average: 12.4%).

Cortez

Cortez city, Colorado

Affordable

About Cortez

Cortez, Colorado, is a hidden gem for those seeking a tranquil lifestyle without breaking the bank. Nestled in the heart of the Southwest, this town offers an incredibly appealing proposition: a median home value of just $204,100, significantly below the national average. Imagine owning a home in a friendly community, with access to stunning natural landscapes like Mesa Verde National Park, all while enjoying a cost of living that allows for a more relaxed pace. The town's population of 8,832 fosters a close-knit atmosphere where neighbors know each other and community events are a regular occurrence.

From an investment perspective, Cortez presents a compelling case. While the median household income of $55,962 is a bit lower than the national average, the affordability of housing more than compensates. The real estate market here is stable, offering excellent opportunities for both first-time homebuyers and those looking to downsize or invest in a second property. Cortez is an ideal location for those seeking a safe and welcoming environment, with a strong sense of community and a lifestyle that prioritizes outdoor activities and a slower pace of life.

Cortez, Colorado at a Glance

Cortez is a city in Cortez city, Colorado with a population of approximately 8,832. The median home value is $204,100 and the median household income is $55,962.. The violent crime rate is 1.3 per 1,000 residents, which is 64% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $2,075 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.