Cost of Living in Elbert County, Colorado
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Elbert County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Elbert County, Colorado
Elbert County's wealthy face lowest burden
Elbert County residents spend just 13.3% of income on rent—the lowest ratio among all counties studied and far better than national benchmarks. With a median household income of $129,477 (73% above the national average of $74,755), the county offers exceptional housing affordability.
Second-best affordability in Colorado
Elbert County's 13.3% rent-to-income ratio is second only to Douglas County (17.3%), placing it in Colorado's most affordable tier. The county's high-income households and moderate median rent of $1,436 create substantial financial flexibility.
High incomes offset modest rent premium
Elbert County's median rent of $1,436 rivals Fremont County ($1,036) and trails Garfield County ($1,515), but the $129,477 median income dwarfs all peer counties. This income advantage makes Elbert's housing costs negligible by comparison.
Affluent households carry minimal burden
Renters allocate just $1,436 monthly (13.3%) of the $129,477 income, while homeowners spend $2,214 (20.6%) on a $664,600 median home value. Elbert County offers the most housing comfort of any county analyzed.
Prime market for high-net-worth relocators
If you're moving to Colorado and earning $120,000+, Elbert County combines exceptional affordability with exurban charm and proximity to Denver. The county suits affluent professionals and remote workers seeking space without urban price tags.
Affordability Calculator
See how your income compares to housing costs in Elbert County
Rent Burden
13.3%
of gross income
Max Housing (28% Rule)
$3,021
per month
Owner Cost Burden
20.5%
of gross income
The median home in Elbert County may be a stretch
Median home value is $664,600. Estimated monthly cost: $5,306 vs. your max of $3,021.
Rent Affordability Guide
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.