MyNeighborhood

Can you afford to live in DURANGO?

Median household income, home values and rent in DURANGO, 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 DURANGO.

Median household income: $79,545 — +39.5% since 2015 (not adjusted for inflation)

Median gross rent: $1,562/mo — +42.1% since 2015

Median home value, 2015 to 2023

  • 2015: 363700
  • 2023: 609700

Median household income

  • DURANGO: 79545
  • La Plata County: 85296
  • CO: 92470
  • U.S.: 78538

Median gross rent

  • DURANGO: 1562
  • La Plata County: 1409
  • CO: 1693
  • U.S.: 1348

Share of income a typical renter spends on rent: 32.0% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($79,545 versus $78,538).

The typical renter here spends 32.0% 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 (+42.1% versus +39.5%), before adjusting for inflation.

Sources

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