Quick facts: Clifton, CO

Quick Facts

114.3
Cost of Living
above US average
19,443
Population
1.13
Crime Rate per 1000
below US average
$55,108
Median Income
below US average
$298,500
Median House Price
above US average
$1172.43
Average Rent
below US average
9%
Poverty Rate
below US average
4.1%
Unemployment Rate
above 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 $55,108.

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Income Needed to Buy

βœ— Stretch
$94k/year
Based on $298,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $94k vs median $55,108
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Income Needed to Rent

βœ“ Affordable
$50k/year
Based on $1172.43/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($55,108) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Clifton, CO

Clifton is a small, unincorporated community located in Mesa County, Colorado, adjacent to the city of Grand Junction. Nestled along the Colorado River, Clifton boasts a scenic backdrop of the surrounding mountains, providing outdoor enthusiasts with various recreational opportunities, including hiking, fishing, and river activities. The community has a mix of residential and commercial areas, with local businesses catering to the everyday needs of its residents. Clifton is primarily a suburban area, characterized by quiet neighborhoods and a friendly atmosphere. Residents enjoy easy access to nearby Grand Junction, which offers a wider range of amenities, shopping, and cultural experiences. The community also has parks and open spaces, making it suitable for family activities and leisurely strolls. The region experiences a semi-arid climate, with warm summers and mild winters, ideal for those who enjoy outdoor activities year-round. Clifton is located near several natural attractions, including the Colorado National Monument, making it a great base for exploring the beauty of Colorado's Western Slope. Overall, Clifton provides a peaceful living environment with the convenience of nearby urban amenities.

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