Cost of Living in Broomfield County, Colorado
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Broomfield County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Broomfield County ranks #2,040 of 3,144 counties for affordability (bottom 35%)
Data Story
About Cost of Living in Broomfield County, Colorado
Affluent suburb, manageable costs
Broomfield County households earn $121,025—the highest among these eight counties and 62% above the national average—while maintaining a 20.6% rent-to-income ratio just above Colorado's state average. Renters here pay $2,074/month, the highest nominal rent, yet their superior incomes make it proportionally manageable.
Highest incomes, manageable ratios
Broomfield County's 20.6% rent-to-income ratio stands at the state average of 20.2%, making it technically the most balanced county analyzed despite $2,074 rents. The $121,025 median household income—the state's highest in this sample—explains how residents afford premium housing without overextending.
Highest nominal rents, highest incomes
Broomfield's $2,074 median rent edges Boulder's $1,893 and dwarfs rural Baca's $490, yet the county's $121,025 median income—$19,253 above Boulder's—makes it proportionally more affordable. Home values of $631,600 rank second only to Boulder's $713,900.
Top earners, balanced housing costs
A Broomfield County household earning the median $121,025 annually pays $2,074/month in rent (20.6% of income) or $2,032/month for a mortgage (20.1% of income). This county uniquely shows that premium housing can remain balanced when incomes scale proportionally.
Denver's premium northern gateway
Broomfield County suits high earners seeking northwest Denver access without downtown prices; $2,074 rent requires the county's $121,025 median income to manage comfortably. If your relocation package matches or exceeds this threshold, Broomfield delivers housing proportionally more balanced than pricier Boulder.
Cost of Living Advisory: Broomfield County
Affordability Verdict
Housing in Broomfield County is affordable. The median rent is $2,074/month against a median household income of $121,025, putting rent at 20.6% of income.
Rent vs. Own
At $2,074/month rent versus $2,032/month in owner costs, owning is roughly $42/month cheaper — a 2% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $82,960/year. For owner costs at the 28% rule, the required income is roughly $87,086/year. With a median household income of $121,025, most households can comfortably afford rent here. Notably, 28.0% of renter households in Broomfield County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Park County where rent averages $1,942/month, Broomfield County is approximately 7% more expensive.
Affordability Calculator
See how your income compares to housing costs in Broomfield County
Rent Burden
20.6%
of gross income
Max Housing (28% Rule)
$2,824
per month
Owner Cost Burden
20.1%
of gross income
The median home in Broomfield County may be a stretch
Median home value is $631,600. Estimated monthly cost: $5,042 vs. your max of $2,824.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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