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Cost of Living in Highlands Ranch, CO

Population 102,257 · Census ACS 2020–2024 5-year estimates

Median rent$2,531
Median home value$712,700
Median household income$159,307

The median rent in Highlands Ranch, CO is $2,531/month, 44% higher than the Colorado median and 79% higher than the U.S. median. The median home value is $712,700, 114% higher than the national median. Households earn a median of $159,307 a year, 67% higher than the state median.

Affordability

Rent as a share of median income: 19.1%
Income needed for median rent (30% rule): $101,240/yr
Home price-to-income ratio: 4.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,604/mo

Run your own numbers: mortgage calculator · hourly to salary

Highlands Ranch vs. Colorado vs. U.S.

Highlands RanchColoradoU.S.
Median rent$2,531$1,761$1,413
Median home value$712,700$539,400$332,700
Median household income$159,307$95,470$80,734
Homeownership rate78.1%66.2%65.2%
Bachelor's degree or higher67.8%45.7%35.7%
Poverty rate2.9%9.4%12.5%
Unemployment rate4.0%4.6%5.2%
Work from home33.0%21.0%15.1%
Median age41.537.738.9

FAQ

What is the average rent in Highlands Ranch, CO?

The median gross rent in Highlands Ranch, CO is $2,531 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Highlands Ranch, CO?

Using the common 30% rule, renting a median-priced home takes about $101,240 a year in gross income.

Is Highlands Ranch, CO expensive to live in?

Rent there is 79% higher than the U.S. median, and the median home costs about 4.5 times the median household income.

Other cities in Colorado

Denver, CORent $1,831 · Income $94,718Colorado Springs, CORent $1,648 · Income $84,818Aurora, CORent $1,835 · Income $88,368Fort Collins, CORent $1,690 · Income $85,070Lakewood, CORent $1,806 · Income $89,792Thornton, CORent $1,895 · Income $103,088

Cities with a similar cost of living

Northbrook, ILRent $2,463 · Income $157,782Bothell West, WARent $2,511 · Income $153,449El Dorado Hills, CARent $2,552 · Income $165,349Morgan Hill, CARent $2,474 · Income $163,920Issaquah, WARent $2,590 · Income $154,669West Springfield, VARent $2,455 · Income $163,115

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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