MyNeighborhood

Can you afford to live in Arvada?

Median household income, home values and rent in Arvada, CO — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Arvada.

Median household income: $113,396 — +62.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,802/mo — +70.2% since 2015

Median home value, 2015 to 2023

  • 2015: 257300
  • 2023: 600800

Median household income

  • Arvada: 113396
  • Jefferson County: 107800
  • CO: 92470
  • U.S.: 78538

Median gross rent

  • Arvada: 1802
  • Jefferson County: 1792
  • CO: 1693
  • U.S.: 1348

Share of income a typical renter spends on rent: 31.2% — U.S.: 30.2%

What it means

The typical household here earns $113,396 — far higher than the national figure of $78,538.

The typical renter here spends 31.2% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+70.2% versus +62.1%), before adjusting for inflation.

Sources

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