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Cost of Living in Pitkin County, CO

Population 16,985 · Census ACS 2020–2024 5-year estimates

Median rent$2,004
Median home value$1,139,100
Median household income$102,645

The median rent in Pitkin County, CO is $2,004/month, 14% higher than the Colorado median and 42% higher than the U.S. median. The median home value is $1,139,100, 242% higher than the national median. Households earn a median of $102,645 a year, 8% higher than the state median.

Affordability

Rent as a share of median income: 23.4%
Income needed for median rent (30% rule): $80,160/yr
Home price-to-income ratio: 11.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $5,760/mo

Run your own numbers: mortgage calculator · hourly to salary

Pitkin County vs. Colorado vs. U.S.

Pitkin CountyColoradoU.S.
Median rent$2,004$1,761$1,413
Median home value$1,139,100$539,400$332,700
Median household income$102,645$95,470$80,734
Homeownership rate62.8%66.2%65.2%
Bachelor's degree or higher62.8%45.7%35.7%
Poverty rate7.8%9.4%12.5%
Unemployment rate2.5%4.6%5.2%
Work from home16.6%21.0%15.1%
Median age47.237.738.9

FAQ

What is the average rent in Pitkin County, CO?

The median gross rent in Pitkin County, CO is $2,004 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $80,160 a year in gross income.

Is Pitkin County, CO expensive to live in?

Rent there is 42% higher than the U.S. median, and the median home costs about 11.1 times the median household income.

Other counties in Colorado

El Paso County, CORent $1,696 · Income $90,363Denver County, CORent $1,831 · Income $94,718Arapahoe County, CORent $1,891 · Income $101,087Jefferson County, CORent $1,861 · Income $110,656Adams County, CORent $1,781 · Income $94,571Douglas County, CORent $2,193 · Income $149,594

Counties with a similar cost of living

San Luis Obispo County, CARent $1,992 · Income $97,446Honolulu County, HIRent $2,083 · Income $106,195Manassas Park city, VARent $2,146 · Income $103,250Monterey County, CARent $2,055 · Income $97,230District of Columbia, DCRent $1,954 · Income $109,870Sonoma County, CARent $2,158 · Income $104,674

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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