Quick facts: Buena vista, CO

Quick Facts

114.3
Cost of Living
above US average
2,976
Population
8.06
Crime Rate per 1000
below US average
$58,168
Median Income
below US average
$390,000
Median House Price
above US average
$2353.92
Average Rent
above US average
8%
Poverty Rate
below US average
2.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $58,168.

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Income Needed to Buy

βœ— Stretch
$122k/year
Based on $390,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $122k vs median $58,168
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Income Needed to Rent

⚠ Stretch
$101k/year
Based on $2353.92/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $101k vs median $58,168
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Buena vista, CO

Buena Vista is a charming town located in central Colorado, nestled in the heart of the Rocky Mountains. With a population of around 2,800 residents, it offers a small-town atmosphere while being surrounded by stunning natural beauty. The town is situated at an elevation of approximately 7,965 feet, providing breathtaking views of the Collegiate Peaks and abundant outdoor recreational opportunities. Known for its access to hiking, mountain biking, and white-water rafting, Buena Vista is a haven for adventure enthusiasts. The Arkansas River flows nearby, making it a popular spot for rafting and kayaking. The area is also renowned for its scenic trails and captivating landscapes, appealing to nature lovers and photographers alike. The town has a rich history, initially established during the gold rush era. Today, visitors can explore its historic buildings, enjoy local shops, and savor delicious meals in family-owned restaurants. Buena Vista hosts several annual events, including the famous Colorado Hot Springs Festival, which celebrates the natural hot springs of the area. Overall, Buena Vista is a delightful destination for those seeking outdoor adventures and a taste of Colorado's unique small-town life.

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