Cost of Living in Broomfield County, Colorado

$2,074/mo

Median Monthly Rent

$631,600

Median Home Value

66% above state averageUnaffordable

At a Glance

Median Monthly Rent

$2,074/mo

66% above state average

Median Home Value

$631,600

124% above national

Rent-to-Income Ratio

28.0%

% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating

Unaffordable

Rent over 50% of income

How Broomfield County Compares

Median monthly rent comparison

Broomfield County$2,074/mo

Colorado Average$1,253/mo

National Median$1,163/mo

Detailed Housing Stats

$2,074/mo

Median Gross Rent

$631,600

Median Home Value

$2,032/mo

Monthly Owner Cost

28.0%

Rent-to-Income Ratio

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.

Affordability Calculator

See how your income compares to housing costs in Broomfield County

Your Annual Household Income

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

Your rent-to-income ratio20.6%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Broomfield County, Colorado?

Broomfield County, Colorado has a median monthly rent of $2,074/mo and a median home value of $631,600. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.

What is the median rent in Broomfield County?

The median gross rent in Broomfield County is $2,074/mo. This is 66% above state average for Colorado.

Is Broomfield County affordable?

Broomfield County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Broomfield County's rent compare to the state average?

Broomfield County's median rent of $2,074/mo is 66% above state average of $1,253/mo for Colorado.

What is the median home value in Broomfield County?

The median home value in Broomfield County, Colorado is $631,600. This is 124% above the national median home value of $281,900.