What is the median home price in Severance?

The median home price in Severance, Severance town, Colorado is $452,200, which is 60% above the national average of 281,900 ($281,900).

Severance, Severance town, 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 Severance?

The median household income in Severance, Severance town, Colorado is $121,047, which is 62% above the national average of 74,580 ($74,580).

What is the air quality in Severance?

Severance, Severance town, 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 Severance?

The population of Severance, Severance town, Colorado is approximately 8,526. The homeownership rate is 94.8% (national average: 65.9%).

What are the climate risks in Severance?

Severance, Severance town, 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.

What is the unemployment rate in Severance?

The unemployment rate in Severance, Severance town, Colorado is 2.1%. The national average unemployment rate is 3.7%. The poverty rate is 2.8% (national average: 12.4%).

Severance

Severance town, Colorado

Family-Friendly

About Severance

Severance, Colorado, is a hidden gem that's rapidly gaining popularity, and for good reason. Imagine a town where the median home value of $452,200 still offers a significant affordability advantage compared to the national average, all while boasting a median household income of $121,047, which is well above the national norm. This translates to a comfortable lifestyle for families, the very essence of Severance. The town's charm lies in its tight-knit community feel, with a friendly atmosphere that makes newcomers feel instantly welcome.

From an investment standpoint, Severance presents a compelling case. The strong income levels and family-friendly environment create a stable demand for housing, making it an attractive prospect for real estate investors. Safety is a priority, and the low crime rates contribute to the overall quality of life. Severance's appeal lies in its balance of affordability, community, and the promise of a secure environment. It's an ideal choice for families seeking a place to put down roots and enjoy a high quality of life.

Severance, Colorado at a Glance

Severance is a city in Severance town, Colorado with a population of approximately 8,526. The median home value is $452,200 and the median household income is $121,047.. 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." Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.