Can you afford to live in Denver?

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

Median household income: $91,681 — +70.9% since 2015 (not adjusted for inflation)

Median gross rent: $1,770/mo — +84.0% since 2015

Median home value, 2015 to 2023

• 2015: 271300
• 2023: 586700

Median household income

• Denver: 91681
• Denver County: 91681
• CO: 92470
• U.S.: 78538

Median gross rent

• Denver: 1770
• Denver County: 1770
• CO: 1693
• U.S.: 1348

Share of income a typical renter spends on rent: 29.0% — U.S.: 30.2%

What it means

The typical household here earns $91,681 — notably higher than the national figure of $78,538.

The typical renter here spends 29.0% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+84.0% versus +70.9%), before adjusting for inflation.