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Cost of Living in Thornton, CO

Population 144,187 · Census ACS 2020–2024 5-year estimates

Median rent$1,895
Median home value$517,500
Median household income$103,088

The median rent in Thornton, CO is $1,895/month, 8% higher than the Colorado median and 34% higher than the U.S. median. The median home value is $517,500, 56% higher than the national median. Households earn a median of $103,088 a year, 8% higher than the state median.

Affordability

Rent as a share of median income: 22.1%
Income needed for median rent (30% rule): $75,800/yr
Home price-to-income ratio: 5.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,617/mo

Run your own numbers: mortgage calculator · hourly to salary

Thornton vs. Colorado vs. U.S.

ThorntonColoradoU.S.
Median rent$1,895$1,761$1,413
Median home value$517,500$539,400$332,700
Median household income$103,088$95,470$80,734
Homeownership rate71.4%66.2%65.2%
Bachelor's degree or higher32.8%45.7%35.7%
Poverty rate7.0%9.4%12.5%
Unemployment rate4.5%4.6%5.2%
Work from home15.3%21.0%15.1%
Median age34.737.738.9

FAQ

What is the average rent in Thornton, CO?

The median gross rent in Thornton, CO is $1,895 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $75,800 a year in gross income.

Is Thornton, CO expensive to live in?

Rent there is 34% higher than the U.S. median, and the median home costs about 5.0 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 $89,792Arvada, CORent $1,888 · Income $117,348

Cities with a similar cost of living

Suwanee, GARent $1,885 · Income $103,260Aloha, ORRent $1,896 · Income $101,934Estero, FLRent $1,920 · Income $104,102Sandy Springs, GARent $1,870 · Income $104,340Weymouth Town, MARent $1,941 · Income $102,714South Whittier, CARent $1,908 · Income $100,800

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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