Quick facts: Dacono, CO

Quick Facts

114.3
Cost of Living
above US average
6,488
Population
11.41
Crime Rate per 1000
below US average
$94,783
Median Income
above US average
$559,135
Median House Price
above US average
$2480.0
Average Rent
above US average
1%
Poverty Rate
below US average
4.2%
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 $94,783.

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Income Needed to Buy

βœ— Stretch
$175k/year
Based on $559,135 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $175k vs median $94,783
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Income Needed to Rent

⚠ Stretch
$106k/year
Based on $2480.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $106k vs median $94,783
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Dacono, CO

Dacono is a small city located in Weld County, Colorado, with a blend of rural charm and modern living. Situated just north of Denver, it offers easy access to the larger metropolitan area while maintaining its distinct small-town ambiance. The city boasts a population of around 5,000 residents and is known for its friendly community, making it an attractive environment for families. Dacono features several parks and recreational facilities, providing ample outdoor activities for residents and visitors alike. The Dacono Community Center is a hub for local events and activities, fostering community spirit. The city is also close to the scenic beauty of the Rocky Mountains, offering opportunities for hiking, biking, and exploring nature. With a growing economy, Dacono has seen development in both residential and commercial sectors, attracting new businesses and residents. Education is served by the St. Vrain Valley School District, which is well-regarded in the area. The city is known for its affordability, making it a popular choice for those looking to settle near Denver without the high cost of living typically associated with larger cities. Overall, Dacono blends the appeal of small-town life with accessibility to urban amenities.

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