Cost of Living in Park County, Colorado
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Park County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Park County ranks #795 of 3,144 counties for affordability (top 25%)
Data Story
About Cost of Living in Park County, Colorado
Park County: highest income, tightest ratios
Park County renters spend 24.4% of income on housing—above the 30% affordability ceiling and the highest burden in our sample. Yet median household income of $95,450 is 28% above the U.S. average, indicating an ultra-wealthy community where high rents ($1,942/month) strain even affluent households.
Colorado's priciest market, thin margins
Park County's rent-to-income ratio of 24.4% exceeds Colorado's state average by 4.2 points, making it the state's most rental-burdened market in our sample. Median rents of $1,942/month are 55% above the state median, reflecting the county's proximity to Denver and mountain resort prestige.
Outlier costs, outlier incomes
Park County's $1,942 rent nearly doubles Ouray County's ($1,398) and quintuples Otero County's ($796), positioning it as Colorado's clear premium market. Its $95,450 median income is the highest in our sample, yet even this cannot prevent housing from consuming nearly a quarter of monthly earnings.
Renters squeezed despite high wages
Renters pay $1,942/month while homeowners spend $1,598 on median homes valued at $489,300—an unusual pattern where ownership remains cheaper but both are steep. At $95,450 income, even affluent Park County households allocate 24% (renters) or 20% (owners) to housing, the highest burden in our sample.
Denver metro's exclusive price frontier
Park County appeals only to high-income professionals or executives willing to accept America's tightest renter ratios (24.4%) for proximity to Denver and world-class amenities. If you're seeking mountain living with better affordability, Ouray County or Montrose County offer similar lifestyles at substantially lower costs.
Cost of Living Advisory: Park County
Affordability Verdict
Housing in Park County is affordable. The median rent is $1,942/month against a median household income of $95,450, putting rent at 24.4% of income.
Rent vs. Own
The median rent in Park County is $1,942/month, while owner costs run $1,598/month. Owning saves approximately $344/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $77,680/year. For owner costs at the 28% rule, the required income is roughly $68,486/year. With a median household income of $95,450, most households can comfortably afford rent here. Notably, 29.0% of renter households in Park County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Park County sits 3% more expensive than Pitkin County ($1,880/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Park County
Rent Burden
24.4%
of gross income
Max Housing (28% Rule)
$2,227
per month
Owner Cost Burden
20.1%
of gross income
The median home in Park County may be a stretch
Median home value is $489,300. Estimated monthly cost: $3,906 vs. your max of $2,227.
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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